First Anniversary of YOYOW Mainnet Release: Interview with Beenews

In March 2017, named from “You Own Your Own Words”, the YOYOW project was officially launched. The story of YOYOW started from here.
In the past two years, UGC-based self-media products have gained more and more capital attention. The market space of the UGC field may rise to a tera- scale in the next few years and YOYOW is targeting this market.
YOYOW was originally designed to build a reasonable content-oriented value distribution mechanism and build a value network based on user content evaluation. As long as it is a content platform in the UGC field, it can be interconnected with the YOYOW public blockchain. If we regard the content platform in the UGC field as a car, then what YOYOW has to do is to become the fuel for the car.
Since the launch of the YOYOW project in March 2017, YOYOW has released the Demo website and operated the DEV network and YOYOW officially released its mainnet in September 2017.
In September 2017, YOYOW team released YOYOW mainnet v1.0 and genesis block, Web wallet beta version and gateway of ETH & Bitshares network. In October 2017, YOYOW released desktop wallet and was listed on Hitbtc. In November and December 2017, YOYOW was listed on the top-notch bitcoin trading platforms including Binance, Bitfinex and OKEX.
In February 2018, YOYOW released the middleware and platform plugins. In March 2018, Bitask was implemented into the YOYOW network officially as the first application on YOYOW. In April, YOYOW was listed on the famous trading platform AEX. In May, YOYOW held a product launch for YOYOW v1.0 and announced YOYOW’s ecological partners. In June, YOYOW was selected as one of the top 20 global blockchain innovations in 2018 and achieved strategic cooperation with SlowMist. In July, the token releasing feature of “Fan Xing” version was released. In August, Binance supported the YOYOW mainnet swap and the YOYOW-WeCenter Special Edition was released.
Until now, it has been one year since YOYOW mainnet was released. YOYOW has achieved the progresses mentioned above and YOYOW mainnet wallet also has over 40,000 registered users, which is a difficult process and also an inspiring result to the whole project team. On the occasion of the first anniversary of YOYOW mainnet release, YOYOW has invited some of its partners for our interviews to share some stories of their development. Today, the guest we invited for today’s interview is the founder of Beenews.
The interview records are as follows:
Interviewer: Hello! Thank you for taking time from your busy schedule for our interview. Can you introduce yourself and the project of Beenews so that our readers can have a background information?
Dao: Hello everyone! I am the founder of Beenews and I am very glad to be invited here to have the interview for the first anniversary of YOYOW mainnet release. I am glad to share some stories about YOYOW and Beenews.
Let me introduce our products first. The mode of Beenews is similar to “today’s top news + snowball”, providing information, communities and market conditions. We hope to serve the users of digital currency and provide them with first-hand information and create a professional atmosphere for discussion so as to help them make decisions.
Beenews is a connecting platform that connects users and users, users and projects, users and digital currency products. Meanwhile, token is the blood of Beenews which is running through every step of the product such as reading, sharing, attracting new users and paying for subscription so that the circulation and consumption of tokens can be realized.
The business model of Beenews is in fact diversified. Traditional traffic monetization is only a kind of monetization at the initial stage. The follow-up content payment and the community-based monetization at the transaction level will have more potential.
For us, we want to be the largest media community platform in the global digital currency area.
Interviewer: Beenews wants to be the largest media community platform in the global digital currency area while YOYOW wants to be the public blockchain at the bottom of the media community platforms. This is just like that Beenews wants to be Toyota or GM in the automotive industry and YOYOW is the best gasoline. From this point of view, it seems that Beenews and YOYOW are complementary to each other by nature.
Then can you briefly recall the progress and achievement of the cooperation between Beenews and YOYOW?
Dao: We have in-depth cooperation with YOYOW in terms of community and content, including the projects of “Through Train”, “News Number” and so on. More in-depth cooperation on token or accounts is also in a steady progress.
The YOYOW team is a team that we really appreciate. Baicai (the founder of YOYOW) shared some of his thoughts on blockchain and its future and gave many suggestions on the development of blockchain. Therefore, in the first month of the establishment of Beenews, we finalized the plan of mutual shareholding.
We gained immediate support from YOYOW’s technical directors when we met many technical problems at the initial stage, which for us is certainly a timely source of help. From these details, we can feel the temperature of this team.
YOYOW is doing very well in many aspects such as the public blockchain,the understanding of the transaction, the circulation and profit-sharing mechanism of token, the ecological construction and distribution and so on. These are what Beenews should still work hard on currently. We have also learned a lot from the cooperation.
Interviewer: From your positive comments towards YOYOW, we can see that you are satisfied with the cooperation in the past. I believe that the YOYOW team also feels the same way. Could you please share something more? What do you think is the core advantage of the YOYOW project and the team?
Dao: The business model of YOYOW is very competitive even on a global scale and YOYOW is developing quite fast. The uniqueness itself is actually a strong competitive advantage of YOYOW.
As for the team, I think that it is very pragmatic. I can clearly feel that this team has very strong executive ability and motivation. I really appreciate that a lot.
Interviewer: Well, for the current blockchain industry, it is very exciting to receive a comment of being pragmatic and having strong executive ability from the partners. Here is the last question. Let’s talk about a big issue. What do you think of the entire blockchain industry? What do you think we need to do to survive in this industry and even create revolutionary influence?
Dao: The blockchain industry as a whole will absolutely keep rising but there will be some twists and turns in the process. Even some people are only destroying the industry for the sake of their own interests. However, in the long run, token will definitely integrate into more industries and empower more industries. Medicine, finance, payment, content and other vertical industries will experience a revolutionary change.
The blockchain industry is indeed at its early stage but many projects have begun to show their charisma such as YOYOW. My standard of “being a good team” is as follows: first of all, the team must be patient, resilient and strong; secondly, it must have strong technical research and development capabilities, especially for the public blockchain project; thirdly, it must have a good understanding of the ecology and have the ability to implement it; fourthly, it must have communities’ consensus and operational capabilities.
Interviewer: Thank you for accepting our interview and sharing something about your cooperation with YOYOW.
Dao: You’re welcome. Keep it up! YOYOW is a model in all aspects in this industry. YOYOW will definitely realize its vision of “You Own Your Own Words” in the near future.
Source: YOYOW
Beenews: http://www.beekan.org/
YOYOW Website: https://yoyow.org
Telegram (English): https://t.me/HelloYOYOW
Telegram (Chinese): https://t.me/YOYOWChinese
Twitter: https://twitter.com/InfoYoyow
