Yooba (OP)
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July 05, 2018, 11:18:49 PM
Last edit: July 06, 2018, 05:01:56 PM by Yooba |
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I can't post image now.So the Yooba's bitcointalk link change to https://bitcointalk.org/index.php?topic=4613187 .Thanks for frankbuse  Yoobahttps://yooba.orgwhitepaper A decentralized, global, secure, private, blockchain-based e-commerce system
Commitment to all consumers, safety, privacy, and easy global consumption 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. 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. 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 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 https://blog.yooba.org/yooba-airdrop-strategy.html
- 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.
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