What is YooShi? YooShi is a blockchain-based platform that combines GameFi elements with NFT and meme coin technology. cryptocoin.com In this article, we have answered the questions of investors such as what is YooShi, what it offers, what is YOOSHI coin for, how to buy it. Now let’s examine this decentralized finance (DeFi), play-to-win (P2E) and NFT-based project together.
What is YooShi?
Launched in 2021, YooShi is basically a blockchain-based project. This project serves its users as an ecosystem built on BNB Chain. The ecosystem is designed to appeal to gamers, investors, crypto fans and developers. Accordingly, it consists of many platforms with DeFi, NFT and gaming themes. These features mean that YooShi can generate far more benefits than many other meme coin projects. For those who don’t know, meme coins are cryptocurrencies that basically derive from a joke and don’t have many use cases.
The YooShi ecosystem consists of several play-to-win (P2E) games developed by various developers. It also has an NFT marketplace where players can bid for different NFTs. This market can also be used for DeFi purposes such as yield farming. The ecosystem also has a deflationary currency. 10% of the entire supply of this cryptocurrency will be gradually burned as its user base grows. Basically, the project was inspired by the Shiba Inu (SHIB) coin. But it differs from it with a platform that supports the development of new games.
What does YooShi offer?
The highlight of the blockchain project is that it allows game developers to pre-sell unique in-game assets in NFT format. Developers can thus earn money before the game is released. For this, the project has released the Yooshi Gamepad. The gamepad works as an NFT based game IDO platform. With the YooShi Gamepad, developers unlock new funding opportunities. Users have the opportunity to participate in new projects and gain access to potential airdrops. Also, they can trade NFT in the NFT market.
What is YOOSHI coin? What does it do?
YOOSHI coin is the utility token of the platform of the same name. This BEP-20 based token is a meme coin and offers its holders a number of benefits. For example, users with 1 billion YOOSHI earn the right to participate in the IDOs of the listed game projects by completing the tasks. In addition, the token can also be used for purposes such as rewarding users in games, buying and selling NFTs in the NFT market. All gas fees in the ecosystem are also paid with this token.
How to buy YOOSHI coin?
YOOSHI coin, the 415th largest cryptocurrency at the time of writing, is currently traded on exchanges such as Bitrue, MEXC, and CoinTiger. Interested investors can purchase the cryptocurrency by gaining access to these exchanges.
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