YOYOW

YOYOW - re-distribute value for UGC, another Steem

Feature:

Graphene(石墨烯) blockchain library- origin from bitshares

consensus system - DPOS(coin holder elect --> committee elect --> miner)

content evaluation system - proof of taste- content based on how much praise from people to decide return to content creator.

Revenue- from advertisements. advertisement will be distribute to creator and other content investor and will be record on blockchain.

future business model - connect other UGC platform

Issue- just 30% for ICO means DPOS is not very fair(YOYOW team member owns more than 50% ), and they can elect who is miner, and Yoyo team member must elect them self to be miner.

Bedo comments: it is clear any blockchain product has a consensus system, but not anyone(we) clearly know what exactly it is. We need to learn it by ourself.

Note:

DPOS(delegated proof of stake)- coin holder can elect or let other people to represent coin holder to vote. DPOS is not very fair, who owns more coin mean who have more privilege.