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  • YooShi YooShi YOOSHI
  • ( -1.22 % )
  • Rank #0
  • Coins

₹2.1E-6

₹2.1E-6

  • Rank #0
  • Coins

Market Cap

₹0 0.0000%

Circulating Supply

0

Max Supply

--

Volume

₹664.71 K

All Time High :

₹0.0003

All Time Low :

₹0

Price change in 24H :

₹0

24H High :

₹0

24H Low :

₹0

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   YooShi ( YOOSHI ) Price Live Chart


What is YooShi (YOOSHI)?

YooShi (YOOSHI) stands out as a community-driven, equitably launched meme coin situated on the Binance Smart Chain (BSC). It seamlessly integrates GameFi elements with Non-Fungible Tokens (NFTs) and embraces the viral appeal of a meme coin. The overarching goal of YooShi is to establish itself as the preeminent blockchain gaming NFT metaverse globally. Taking inspiration from the success of Shiba Inu (SHIB), YooShi initially emerged as a meme coin, but its community has actively imbued it with tangible utility by transforming it into a blockchain gaming launchpad.

YooShi's innovative platform extends an open invitation to developers, providing them with the means to launch and promote their games within the expansive YOOSHI community. The brand identity draws inspiration from Yoshi, the beloved dinosaur character from the iconic Super Mario game series.

Within the YooShi ecosystem, players can engage in a variety of play-to-earn games crafted by diverse developers. The platform also features an NFT marketplace where users can bid on a diverse array of NFTs, which can subsequently be leveraged for decentralized finance (DeFi) activities such as yield farming. Notably, YooShi operates as a deflationary coin, gradually burning 10% of the entire supply as the user base expands, adding an intriguing economic dynamic to its growth.

Who are the founders of Yooshi?

In line with the model set by Shiba Inu, YooShi operates as a community-driven initiative and is crafted entirely by anonymous developers. Despite the inherent challenges and risks associated with projects developed without disclosed founders, the success stories of meme coins like Shiba Inu underscore the potential for such endeavors when bolstered by robust community support. YooShi, in following this trend, emphasizes decentralized community involvement and development. While the anonymity of the creators introduces an element of uncertainty, the precedent set by successful projects within the meme coin space, particularly Shiba Inu, suggests that the collective strength and commitment of the community can drive the project's success and evolution.

What makes Yoonshi unique?

The hallmark of the YooShi ecosystem lies in its distinctive feature, the YooShi Gamepad, an innovative NFT-based gaming Initial DEX Offering (IDO) platform. This platform empowers gaming developers to secure funding by preselling exclusive in-game assets in the form of Non-Fungible Tokens (NFTs). To participate in the "blind box pre-sale" of listed projects on the YooShi Gamepad, users are required to hold a minimum of 1 billion YOOSHI tokens and fulfill specific tasks outlined in YooShi's social channels. Selection of participants follows a first-come-first-served basis.

The YooShi Gamepad not only opens up new avenues of funding for developers but also offers users the opportunity to engage in novel projects and potentially receive subsequent airdrops. Users can trade these NFTs on the YooShi NFT marketplace, where trading fees amount to 3%, with 1.5?ing burned, 0.3% allocated to game developers, and 1.2% entering the YooShi mining pool. YooShi extends support to game developers by assisting them in building their own NFT marketplaces, earning a trading fee in return.

Notably, the YooShi ecosystem has successfully incubated several games, such as DNAxCAT and StarMon. DNAxCAT immerses players in a digital cat pet world, allowing them to raise, breed, and trade a variety of adorable cats and associated game assets. On the other hand, StarMon, short for Star Monster Metaverse, presents a 3D play-to-earn game where players construct virtual worlds and engage in the collection and trading of virtual monsters.

Explain the network Security of Yooshi.

YooShi (YOOSHI) operates as a BEP-20 token within the Binance Smart Chain (BSC). The security of the YooShi network is ensured through the utilization of the proof-of-stake consensus mechanism within the BSC framework. The BSC employs a system where 21 validators are elected every 24 hours to undertake the crucial task of validating transactions and upholding the overall security of the blockchain.

To be eligible as validators, individuals or entities are required to stake a specific amount of Binance Coin (BNB) with the Binance platform. This staking requirement serves as a commitment and contributes to the overall security and stability of the Binance Smart Chain. In essence, the proof-of-stake consensus mechanism, coupled with the strategic selection of validators, forms a robust foundation for safeguarding the YooShi network and ensuring the integrity of transactions on the Binance Smart Chain.

To read more information on Yooshi, visit Suncrypto Price Explorer

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