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YoobaProject

A decentralized, global, secure, private, blockchain-based e-commerce system

Commitment to all consumers, safety, privacy, and easy global consumption

Token YOO
Platform: Ethereum
Soft cap 3000 ETH
Hard cap 21500 ETH
Country: CN

☞ Yooba's Dream
Yooba is committed to allowing all consumers to conduct global consumption security, privacy, freedom, and convenience, through one account;
and is committed to establishing a global,decentralized, transparent, fair, and dynamic business platform.

☞ Yooba usage scene
Yooba is a blockchain system for shopping only. Although she can apply in all aspects, Yooba's research, development and maintenance only focus on commercial scenarios
and future related to goods and services. The following is a brief list of some of the application cases.

♲ Share/sell/discover goods and services anytime, anywhere!
Any user or company can upload their own products (including regular merchandise, artwork, second-hand items, etc.) or services (including virtual products such as knowledge and music) through the App or pc wallet. Some main websites can collect and classify the products or services they are interested in through yooba to form various types of service websites. Users only need one Yooba account, and once they log in (browser plug-in login), they will be able to access all websites that access Yooba services. As shown below:

Supermarket platform
A principal or platform with a strong reputation can establish a large platform or a large supermarket on Yooba, and choose his trusted or controlled small company or individual on Yooba to pull into his shop. They established a virtual organizational relationship through Yooba. In this way, various complicated forms of business organization can be formed.

Supply chain
From small toys to large cars, all of their components can be found in Yooba. Anyone can choose the most cost-effective component they need on Yooba in a fair and transparent manner. Yooba has a complete record of supply and demand in the supply chain. And their trading history.

Insurance
Different business scenarios have different risks and different security policies. Insurance is a basic service in Yooba (accessed by different service providers) and it is also a big business.

Storage, artificial intelligence, etc.
Yooba's large number of commodity data, transaction data, etc. have put forward higher demands and broader prospects for storage, big data analysis, and artificial intelligence. Any company entity or individual can fairly acquire Yooba products, public transaction records, users, stores and other visible data to develop their own businesses and provide services on Yooba or elsewhere.

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☑ Account Types
Yooba is for shopping and for business. According to its application scenario, Yooba has 3 types of accounts: Account, Store, Contract.
However, compared with Ethereum Yooba, it expanded the account structure and capabilities to fit Yooba's application scenario.

Account
Basic account types, such as transfers, transactions, uploading or offline products and services, buying and selling merchandise services, setting up personal homepages, creating smart contracts, private chat, and other activities.

Store
Store has more features than Account, but there are a few limitations. Store has most of Account’s features Store can contain Store and Account inside, Store itself can become a big platform Certain activities of the Store have certain privacy restrictions.

Contract
Smart contracts are written in Turing complete language and run on virtual machines. It can complete a wealth of functions. Including insurance, logistics, security, virtual products and other scenarios using Contract. Privacy in Yooba’s business is also provided by smart contracts.Provide zero-knowledge proofs, ring signatures, and other privacy options for users to choose.

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DPOS

Yooba's witness amount is 31. Yooba's first round of elections elected 51 initial witness , and then randomly choose 31 out of 51 as the winner of this round as the witness.

Yooba Annual inflation rate

Inflation is achieved through block rewards.The first year's (2019.4.1~2020.4.1) annual inflation rate is 5%. The second year's (2020.4.1~2021.4.1) annual inflation rate is 4%. The third year's (2021.4.1~2022.4.1) annual inflation rate is 3.5%. From the fourth year onwards, the annual inflation rate is decided by voting. The top 100 Yooba contributors and the top 100 Yooba producers have voting rights. They can vote inflation in 1.5% ~ 3.5% After the mainnet online.

Contributors Reward Plan(now ~ 2019.4.1)

The following rules and quotas are not applicable to Yooba team members. Yooba mainnet plans to be online at 2019.4.1.Before that, we will choose 51 contributors that are coders every month. Based on the code contribution, YOO tokens are awarded as follows:500,000 YOO(2 contributors), 350,000 YOO(5 contributors), 200,000 YOO(10 contributors), 100,000 YOO(15 contributors), 50,000 YOO(19 contributors). The contributors who are not writing code, calculate the reward separately. See more https://yooba.org/plans

Contributors Reward Plan(2019.4.1~)

The following rules and quotas are not applicable to Yooba team members.Yooba mainnet plans to be online at 2019.4.1.After that time,The reward YOO for contributors mainly come from 8%~10%Yooba productors's block reward.In the first three years, 10% of the block reward will be allocated to contributors. From the fourth year, the block will reward 8% to contributors. In addition, from the fourth year, 2% of the block reward will be allocated to the Yooba Foundation to develop Yooba.Top 100 contributors who are voted can get rewards. Team members are not in the list.See more https://yooba.org/plans

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Token Issue Mechanism Considerations

Total 10 billion, annual inflation rate 1.5% to 5% (given after its mechanism)

▹Airdrop 20%. They will start at 2018.5 and all will be released before 2018.9.30. 10,000 to 20000 Tokens per person (please save, they are very valuable in the future). See airdrop strategy

▹40% is reserved for ICO.

▹5% is available to early investors.You can join the early invest by clicking the ‘Buy Yooba tokens’ button. 5% is used for the initial project reward to Yooba development, propaganda, testing and other community contributors.

▹18% is reserved for communities, ecological construction, and research. Such as logistics, insurance, storage and other basic services access. And business promotion, the introduction of big brands / large platforms, the creation of commonly used products / services. Push it to the public to improve the ecology. This 18% releases 1/16 every 3 months, and it is released in 4 years.

▹12% is reserved for founding teams and core developers. This 12% releases 1/16 every 3 months, and it is released in 4 years.

Team members

Ye Song(flyye)
https://www.linkedin.com/in/%E6%9D%BE-%E5%8F%B6-934531168/

Frank Meer
https://www.linkedin.com/in/frank-van-der-meer-378bb858/

Roman Buzhora
https://www.linkedin.com/in/%D1%80%D0%BE%D0%BC%D0%B0%D0%BD-%D0%B1%D1%83%D0%B6%D0%BE%D1%80%D0%B0-315b82ab/?locale=en_US

Jingo Cabiles
https://www.linkedin.com/in/jingo-cabiles-a334ab157/

Wang Yaxiong
https://www.linkedin.com/in/mack-wang-723007159/?ts=1531445821873&trk=profile_share_wechat

Zhou Jian
https://www.linkedin.com/in/%E5%BB%BA-%E5%91%A8-97961b168/

Michael Harrall
https://www.linkedin.com/in/michaelharrall/