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      "body": "![AKR20210713069700002_02_i_org.jpg](https://cdn.steemitimages.com/DQmTXd9RC2MPUgLCHkrqUHHEYpPXqzM8cASLygEqwWEqox1/AKR20210713069700002_02_i_org.jpg)\n\nSOUTH KOREA IS \"READY PLAYER ONE\"\n\n  Could you imagine the look on Dad's face 25 years ago when some tech venture told the world that we all would communicate and send messages with out pen and paper, He would literally think your crazy.\n     \n But 30 years later the internet is a part of our daily communicative life. Blockchain, defi, smart contracts, all these new technology has made a huge change in our lives over the pass decade and still keeps on making more room for innovativeness. And there's been particular country that has been obsessed with advanced technology \"South Korea\".\n\n   And the start of these decade has been all about the the \"Metaverse\" and you have probably heard about it of recent, except you live under rock.\n\nSouth Korea. A country well know for its pop culture, technological advancements, social platform status and of course gaming has had  quite an astonishing  year with extraordinary innovations building up the process into a new era. At the start of the year all these industries have been sky rocketing thanks to blockchain technology, NFTs, esports, gamification and a countless hand helping effort from the crypto market at large and South Korea has been on top of their game into bringing all these technological based platforms and industries into a 'Virtual world\".\n\n![750x422_cmsv2_039a1e8f-8b55-5e82-b767-9edc847675b2-6217520.jpg](https://cdn.steemitimages.com/DQmYNM7YwKK2RuXerAcK75wPpTTrtf8CbiBzrbsGny3aFUS/750x422_cmsv2_039a1e8f-8b55-5e82-b767-9edc847675b2-6217520.jpg)\n\nSOUEL MUNICIPAL METAVERSE\n\nSouel metropolitan government(South Korean capital) are working towards developing a metaverse platform by the end of 2022 and its exclaimed to be in full use by 2026. By creating virtual offices, fintech incubators, business sectors and industries to meet the reality from the comfort of your homes(VR), also engaging in economic, cultural and  tourist activities 'virtually'.\n\nIn December 2023, they plan on creating a \"meterverse 120 center\", where by virtual public service are given to citizens by avatars. It also plans to use AI technology to optimise city operation for building a \"smart city\"\n\n\n![808x387_cmsv2_50997e12-5e7e-5cba-ac86-7d615ec64eab-6217520.jpg](https://cdn.steemitimages.com/DQmVG4AuhTxpuYS4gAuhy3SWcjS451nJWbHfCg9wgn9YFTy/808x387_cmsv2_50997e12-5e7e-5cba-ac86-7d615ec64eab-6217520.jpg)\n\n\nAlthough the details on how the metaverse is to come in the nearest is still very unpredictable as is regarded by experts a \"natural\" leap by man. But as blockchain technology and NFT leading the way, social \"metaverse\" related platforms from South Korea such as Zepeto which is used to buy digital products such as Nike and Gucci (NFTs) and business related platform Infland which is used for office training, meetings and virtual conferences are already a paving way in the country and it could exponentially give South Korea the up hand in the next path of technological change in the world called the \"metaverse\". \n\nWell If you do think its possible and south Korea could be the first country to experience the new virtual world. Leave a comment below, i would love to hear your thoughts.\n\nGet more NFTs and Metaverse clips and posts on👇\nThemeta3.0 IG page:\n\nAuthor medium page:\n\nBye✌\n\nWritten for Themeta3.0 community on \nSteemit| read.cash",
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      "body": "![AKR20210713069700002_02_i_org.jpg](https://cdn.steemitimages.com/DQmTXd9RC2MPUgLCHkrqUHHEYpPXqzM8cASLygEqwWEqox1/AKR20210713069700002_02_i_org.jpg)\n\nSOUTH KOREA IS \"READY PLAYER ONE\"\n\n  Could you imagine the look on Dad's face 25 years ago when some tech venture told the world that we all would communicate and send messages with out pen and paper, He would literally think your crazy.\n     \n But 30 years later the internet is a part of our daily communicative life. Blockchain, defi, smart contracts, all these new technology has made a huge change in our lives over the pass decade and still keeps on making more room for innovativeness. And there's been particular country that has been obsessed with advanced technology \"South Korea\".\n\n   And the start of these decade has been all about the the \"Metaverse\" and you have probably heard about it of recent, except you live under rock.\n\nSouth Korea. A country well know for its pop culture, technological advancements, social platform status and of course gaming has had  quite an astonishing  year with extraordinary innovations building up the process into a new era. At the start of the year all these industries have been sky rocketing thanks to blockchain technology, NFTs, esports, gamification and a countless hand helping effort from the crypto market at large and South Korea has been on top of their game into bringing all these technological based platforms and industries into a 'Virtual world\".\n\n![750x422_cmsv2_039a1e8f-8b55-5e82-b767-9edc847675b2-6217520.jpg](https://cdn.steemitimages.com/DQmYNM7YwKK2RuXerAcK75wPpTTrtf8CbiBzrbsGny3aFUS/750x422_cmsv2_039a1e8f-8b55-5e82-b767-9edc847675b2-6217520.jpg)\n\nSOUEL MUNICIPAL METAVERSE\n\nSouel metropolitan government(South Korean capital) are working towards developing a metaverse platform by the end of 2022 and its exclaimed to be in full use by 2026. By creating virtual offices, fintech incubators, business sectors and industries to meet the reality from the comfort of your homes(VR), also engaging in economic, cultural and  tourist activities 'virtually'.\n\nIn December 2023, they plan on creating a \"meterverse 120 center\", where by virtual public service are given to citizens by avatars. It also plans to use AI technology to optimise city operation for building a \"smart city\"\n\n\n![808x387_cmsv2_50997e12-5e7e-5cba-ac86-7d615ec64eab-6217520.jpg](https://cdn.steemitimages.com/DQmVG4AuhTxpuYS4gAuhy3SWcjS451nJWbHfCg9wgn9YFTy/808x387_cmsv2_50997e12-5e7e-5cba-ac86-7d615ec64eab-6217520.jpg)\n\n\nAlthough the details on how the metaverse is to come in the nearest is still very unpredictable as is regarded by experts a \"natural\" leap by man. But as blockchain technology and NFT leading the way, social \"metaverse\" related platforms from South Korea such as Zepeto which is used to buy digital products such as Nike and Gucci (NFTs) and business related platform Infland which is used for office training, meetings and virtual conferences are already a paving way in the country and it could exponentially give South Korea the up hand in the next path of technological change in the world called the \"metaverse\". \n\nWell If you do think its possible and south Korea could be the first country to experience the new virtual world. Leave a comment below, i would love to hear your thoughts.\n\nGet more NFTs and Metaverse clips and posts on👇\nThemeta3.0 IG page:\n\nAuthor medium page:\n\nBye✌\n\nWritten for Themeta3.0 community on \nSteemit| read.cash",
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{
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      "author": "tradekidd",
      "body": "![1_dS0xEjQ0PB1uythtEFs66Q.png](https://cdn.steemitimages.com/DQmerC7ZcWZU1Fxm6nqYXDwG5FeZN9wEjPhZgM3UzP7SzQS/1_dS0xEjQ0PB1uythtEFs66Q.png)\n\n\nDent wireless: The future of 5G in our world!😳\nDent wireless: A blockchain based e-sim mobile data provider founded in 2017 by Tero Katajainen and a group of other co - founders. Dent was founded with the intent to decentralize and liberalize mobile data and sim operated phonecalls to improve the efficiency and value created by regular mobile network providers (Telco's)\nDent aims to solve real world issues in the telecommunication with the help of blockchain technology by providing e-sims, avoiding data roaming fees when travelling abroad and create a global market place on smart contract platforms like Ethereum(ETH ) whereby users can directly sell and purchase mobile data plans and share with your employees or customers\nstill interested? then keep reading\nThe three outstanding problems dent is solving\nDent E- sim (The liberation )\n\n![1_u6iDxTN_TmMOfwZooKJeZA.png](https://cdn.steemitimages.com/DQmUiUmszaqAf7kTfLSMjmixEnBnFahVz3dvPMFewNbXnmZ/1_u6iDxTN_TmMOfwZooKJeZA.png)\n\nFirst and foremost, it would be unjustly ungrateful not to applaud the creation of the world's first decentralize E- sim. The E - sim does not only improve portability and safety of ones sim card, it also reduces waste that comes from the use of plastic sim cards. The E- sim give a mobile plans validity range of 365 days(a year), meaning it ploughs down the issue of unused data plans of which makes telco companies loose the billions of dollars they get from our unused data plans which normally expires at a validity date of 1 month( 30 days)\nThe dent E- sim features voice calls, blockchain intereprobility and services nodes over 60 countries to reduce roaming fees.\nDent Gigastore\n\n![1_nMC8xY8ZNK0Z-jBGRMdRjw.png](https://cdn.steemitimages.com/DQmYqBjFNPFfe12QFHsnqXthSVxfoX3KqTLsfSJsrCyB3rT/1_nMC8xY8ZNK0Z-jBGRMdRjw.png)\n\nHave you ever needed cash at a particular moment in time and said \" I wish I could sell my mobile data right now\"\nWell if so? Now you can!\nWith the creation of dent digital market place(gigastore) users can easily resell mobile data to other users and vice versa\nPlans nearly approaching expiry date, the need for cash and most importantly the liquidity to get in and out of plans at ones convenience will certainly attract new users to the network.\nSecondly, it takes away a monopolistic in the telco industry, therefore making an effective redistribution of data to users with out kyc or private information\nLastly, the dent Gigastore provides APIs built in the app to support the business owners and companies to create a main net by which data can be effectively distributed to employees and customers without the need of a local area network(LAN) or intranet.\nDent's data roaming solution\n\n![1_H1VZPfmqKUE_ygu1JmjyUQ.png](https://cdn.steemitimages.com/DQmUp3VT64SUqaQR15HgV1mNk2Ma3aUWQucvdFEPSmCPBka/1_H1VZPfmqKUE_ygu1JmjyUQ.png)\n\nDent with the help of blockchain technology has created nodes that decentralizes the use of data anywhere in the world.\nThese implies that instead of buying up costly roaming fees when travelling abroad, dent provides a series of nodes over 60 different countries spread around the world.\nThe nodes contain data traffic that is simultaneously distributed with the use of blockchain technology to stop roaming fees that are caused by data providers only storing up data information contained in the network in a centralized router or dish in a particular country. These means the information in that data must be transferred to and from one country to another thereby causing users to pay extravagant fees\nNote: if dent can solve this particular problem, They Are Golden\nTechnicals and Tokenomics\n\n![1_FXfUNS0X2OIolYzMMmAHog.png](https://cdn.steemitimages.com/DQmfUSaeJGM3XuuEh6mbACmVEVdT4rgdEurGgSHspiUSywS/1_FXfUNS0X2OIolYzMMmAHog.png)\n\n\"And the end the law of demand and supply will prevail.\"\nThe genesis token sale took place in around July 2017.\nAn estimated value in ETH offered in the token sale: 152,000 ETH\nA 100 billion dent tokens were minted at genesis of which 70% are sold in the token sale (with minimum 35% for small capital investors)\nExchange rate : 1 ETH = 400,000 dent\nToken type: App token for exchange of mobile data packages\n30% remain at dent for operational cost and no token will ever added to the total supply\nNote: my opinion\nTo be honest not the best token nomics for the following reasons\nHuge amount of tokens in the hands of large investors that could easily offset the price. Since 65% are sold to large investors in the token sale once demand were out selling pressure(supply) would cause a huge drawdown in price and the arguments can be said for small investors if they all at once decide to sell, but that would be consideredva very high assumption\n30% of its tokens are in the hands of its founders. As the coin bureau would say \"if more than 10% of a tokens supply is in the hands of one corporation or individual, advisably don't buy.\" Generally at some point in time they would have to be sold to bring funds for operational cost such as salaries, marketing etc and that would probably cause a decrease in price.\n\nNote: But thank fully that was way back in 2017 and selling pressure has taken place. Presently at the moment dent us trading 2800% below it's All Time High(ATH)\n\n![1_HFCR4K4K1pMwFaJ6uWA_3w.png](https://cdn.steemitimages.com/DQmURhGb6UrbXJA5579vuviQkJTzVRvjFVMmPJRPTTrPchQ/1_HFCR4K4K1pMwFaJ6uWA_3w.png)\n\nMaking it a very lucrative price to get on a bargain(discount) and with a very nice risk to reward ratio too.\nLinks to white paper below (advisable)\nhttps://www.google.com/url?sa=t&source=web&rct=j&url=https://cryptorating.eu/whitepapers/Dent/DENT_Whitepaper_v2_19.06.2017.pdf&ved=2ahUKEwjg-tW59dj1AhUCSxoKHfGIAP4QFnoECBMQAQ&usg=AOvVaw1A9uXCNH9z1hIJtKL6hTje\nDisclaimer: please this is not financial advise and do not take it that way, everything written here is for informational and educational purposes only.\nThanks for reading. Bye✌\nWritten by Jezz great on steemit and read.cash",
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      "body": "![future NFTs.jpeg](https://cdn.steemitimages.com/DQmNTyUMzXxDTvx28fjGAGA664kNFs6duQ15LezmWHCE9MU/future%20NFTs.jpeg)\n\nPlay to earn! Digital art! The metaverse! Music! Content curation! Celebrities virtual & legal rights! Verification of ownership for real life properties and so much more.\n\nLooking back at the overwhelming transformation of the internet and the absurd’ but lucrative opportunities it created and life changing moments it gave to the world in general and our very own celebrities like Gary vee, Zack king, Mkdb and many more. It should not be of any surprise that the world today is expecting a shift similar to the one of the internet, but the real question is why? What could Nfts possibly manifest and change in our common era, what’s the million dollar opportunity we should be beting our money on, or is it just a bubble, a sparkle of greed in the market.\n\nWell! “Seek and yee shall find”. So welcome my friends as we uncover the hidden potentials and anticipated possibilities of Nfts.\n\nMy cousin asked me to make a research on the topic because he placed a silly bet and what’s to win, so this is the conversation that brought it all up.(for better understanding why these article is VITAL!)\n\n(Small dialogue between my cousin and I that led to these article)\n\nCousin: Hey bro! Have you been?\n\nMe: Great and you?\n\nCousin: I have anxious fever😂\n\nMe: What! Anxious fever😅 what do you mean?\n\nCousin: Well! I placed a placed a bet on Nfts, that it would be either three things in the future😁\n\nMe: How much?🙄\n\nCousin: A $1000\n\nCousin: Please I would really love, if you would do some research on the topic!\n\nMe: Okay, that’s cool\n\nMe: Next time give me a heads up before you bet😒\n\nCousin: Then its not called a bet🙃Me: 😑\n\nMe: So what were the bets?\n\nCousin: Read till the end of the article and you will find out!👻\n\nMe: 😒\n\nSo! These are the shortlist of potential possibilities of highly anticipated use cases and already in use for Nfts (rated with percentages of high occurrence)\n    Play to earn(89%) — These should probably be the highest in ratings and overall the most likely to occur. With a total of 3.3 billion games around the world, a market value worth up to 84B in eports (gaming competitions). There is nothing much more better than adding the icing on the cake by giving game-fanatic players the opportunity to earn for doing what they love from the comfort of their PC. The high rise of users in blockchain based games such as axie infinity, sorare and spilterland that are already changing life’s in developing regions such as Asia, Africa, South america etc by providing a source of income above minimum wages. To be honest, am a gamer and it looks like this one is here to stay.\n    \nDigital art (76%) — The art industry probably needs no introduction by now. Art has been a very profitable industry for the ultra rich, especially in cutting taxes. The value and nature of the art is based on speculation and believe, not actually on beauty and design and to be honest, it is the closet inclination to what Nfts are - just think about it. Crypto and Nfts only have value because people believe it has value - exactly like art industries. There so, moving into a much more digitalized world whereby it allows free entry into the ecosystem. These means that more speculation could drive prices ever higher. As for why 76%, the fed are really looking in money laundering and tax loopholes which it creates and therefore Leeds to intense regulations by the IRS.\n   \n The metaverse(69%) — The talk of the town. But when it comes to Nfts the use case of the metaverse is still not yet defined. With lots of hype and speculation around it with still no definite real world use case, it quite sums up to a potential bubble. Unless you live under a rock, you should definitely know that, “metaverse” trust funds, investment vehicles are throwing huge sum of money( $2m >) to purchase land in particular but “different” metaverse platform like sandbox, decentraland and much more with the hope that users will interact and purchase nfts collectibles, hang out, “enter life concerts” buy digital clothes and for some reason they are putting 10 times the value of land in carlifonia los Angeles, for very little portions of digital land that’s a size of tennis court! As Warren buffet would say; “ be fearful when others are greedy and greedy when others are fearful”\n  \n  Music/content creation (81%)— A new idea rose up on stage, stating that artist could sell of their music rights(copy & patent rights) as nfts, so as to allow the audience to own royalties and special privillages as a valid holder of the NFTs, whereby the artist receives a percentage on every sale made on the NFTs through fans purchase (usually 20%). The music industry is contageous with a intense desire and passion for their favorite artist, more so to that, its bringing a solution concerning having ‘legal’ ownership of your favorite music. It give the audience a sense of self-worth & pride in displaying their passion for a particular song. Ownership of the worlds most popular songs around the globe will certainly derive demand to feel important with things associated to the artist.\n  \n  Celebrities digitized property rights(60%) — This has Snoop dog and Jack Dorsey written all over it. Jack Dorsey sold his first tweet as an NFT for a little for a little over $1m and Snoop dog is not so surprisingly building a digital museum to uphold his trophies, awards and achievements for his fans to adore it ‘of course. His planning to sell parts of it as NFTs and these might sound cool and all that but there’s a little issue right here and thats because the market movers in the NFT space are celebrities themselves and many will not find it worth it to purchase virtual stuffs of it fellow celebrity! Thereby, causing demand shortage or a cycle where as other celebrities would create their digital product causing unnecessary supply and reducing the value.\n  \n  Digitized real world ownership and rights(84%) — NFTs are digital verification of ownership of a particular subject or object on a layer 1 blockchain. Therefore it can and obviously used as a legal verification or right of ownership pegged to a real world assets things like house deed, copy right and royalties can be settled, verified and determined without the need of a third party such as lawyers or escrows, thereby making transfer of real world properties simplified. Normally. these should be 90% (the highest) but to be honest verification can be done on smart contracts blockchains even without NFTs eg (NEO blockchain) an right now NFTs are really being painted a threat to the feds as a tax loophole and for money laundering purposes. bitcoin was once painted black a few years back but now its a very thing an investor dream right now.\n\nWell! I hope all these helps you prepare and speculate a little bit more reasonably on investing in NFTs as the future of internet or blockchain\n\nWhat did my cousin pick?\n\nPlaytoearn 89%\n\ndigitalart 76%\n\nProbably because these is is the only use case he knows about when it comes to NFTs (just being honest)\n\nSO! Bye\n\nDisclaimer: These is not financial advise, I am not a financial advisor, pls do your own research (dyor).\n\nWritten by meta 3.0 on medium, steemit, reed cash",
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      "body": "![images (3).jpeg](https://cdn.steemitimages.com/DQmWSvy58kkWCu1AMFbbH7b1E59rxbzbdeASu8bHnQF4dGJ/images%20(3).jpeg)\n\n\nHello guys, I have been hearing so much about the metaverse recently, but nothing about our favourite fashion brands(Nike, Ralph Lauren's) NFTs or digital products. Every single source just keeps on repeating the same old information one after another.\n\nSo I did what every other 16 year old teenagers  would do.\n\nI went on the internet, did some research on 'cointelegraph'  and 'the daily hodl' and I found out that some South Korean social metaverse platform 'Zepeto' had been gaining lots of traction recently.\n\nAnd knowing Zepeto is for creators and for users in the metaverse world. Anyone could choose and make whatever their imagination allows such as avatars, virtual worlds & products. Creating its own social metaverse.\n\nSo I said to myself \"Thats pretty cool, but who would actually create anything of insane traction on these somewhat 'popular' platform.\n\n  Hold and behold. I was wrong.\n\nNike, Gucci & Ralph Lauren's are part of that 1.5 million creators on the zepeto platform.\n\n![images (4).jpeg](https://cdn.steemitimages.com/DQmaZH268sDT9dXq8aD4PC4655XJFHWs1oDahTtLuUvGYgp/images%20(4).jpeg)\n\nEarly this year, thereabout February Gucci began offering a way for users to dress their avatars from the Italian clothing designer brands 'House collection while walking through an interactive Gucci villa.\n\n\n![images (1).jpeg](https://cdn.steemitimages.com/DQmTKXxsGJ3HnTVVseQEZ1AdekjEXGnsnf256rrHzM28Eqx/images%20(1).jpeg)\n \n Nike also joined the party by selling in game clothings, shoes and accessories in its very own virtual store, by creating unique Nike shops and virtual real world Nike experience for users.\n\n \n![960x0.jpg](https://cdn.steemitimages.com/DQmRV54gZJ6mqQyEctoGK9NEJzgWdmKEnoLQyTbEheyDjuz/960x0.jpg)\n\nRalph Lauren's the latest clothing line just sealed a partnership with zepeto, selling over 12 looks and 50 unique items at very affordable price, costing between $.57 to $2.86 (according to Forbes)\nThey have also recreated their own virtual version of real life locations, stores and a central park.\n  Ralph Lauren's were even able to secure a deal with k- pop band 'Tomorrow x Together'(TXT) whereby in their virtual concerts in zepeto, the bands are to showcase their Ralph Lauren's outfits while interacting with fans.\n \nWell! If all this isn't enough for you to get on zepeto right now and buy all the best digital products and creating your own virtual world or avatar, I don't know what will.\n \nSo check it out at least and if you know any other social platforms for buying top brands digital clothing products, leave a comment.\nBye!",
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      "body": "![images.jpeg](https://cdn.steemitimages.com/DQmfUSLzX3tu8swjEvXpynHwj1jRFUDfcMbQfHZYAdN5J3A/images.jpeg)\n\nAm talking every single engagement and activity into hot crypto, bro😳.\n\n(Web3.0)\n\nAnd heres how were gonna do it.\n\nWait! Hold on, hold on, hold on! Before everyone starts getting worked up and highly anticipating to make millions of these protocol, just keep reading before we get carried away and rush off to our browsers or wallets, let’s just try and read the whole article to find out what ‘yup' is really is all about and how we can use it to make good sweet crpyto on our social media platforms.\n\nYUP PROTOCOL: WHAT IS YUP\n\n![thumbnail.png](https://cdn.steemitimages.com/DQmRd3PKoEkoaLxeR1sVxffQiEkCZcJDhou4LpS6m1kPNJu/thumbnail.png)\n\n\nWell to break it down in simpler terms. Yup protocol is a web3 consensus that rewards you(the user) for their opinions participations and building influence on the social platforms.\n \nIts a social consensus protocol that literally measures, captures and facilitates capital in an ‘anonymous' opinions based economy.\n\nLITTLE HISTORY\n\nThe Yup protocol was founded in 2020 at the heat of the pandemic by two Colombia university graduates ‘NIR Kabessa' and ‘Vernon Johnson’ They founded ‘Yup' when they saw an opportunity to use blockchain to fix long standing issues in social media consensus, such as news feed moderation, curators and creators compensation and limiting controversial content to users. It also acts as a social consensus layer 1 for the internet, meaning: all platforms can be widely accessible through ‘Yup' and it is the foundation for all social platforms for curators and creators all over the internet.\n(Just for better understanding, with the use of its browsers extension feature, Yup links to all social platforms and tracks your engagements, there by rewarding you with ‘Yup token’.\n\nNow, “what is yup token, you might ask?”\n\nYUP TOKEN\n\n![Blockchain-influencing-the-Social-media-networks-768x288.jpg](https://cdn.steemitimages.com/DQmXzj8zteAzHMZhrMtx4zrm9HYe2VvsmzoGTmymB9Pv4M3/Blockchain-influencing-the-Social-media-networks-768x288.jpg)\n\nTo make it less complicated, an overview statement of ‘Yup token' should sound like these;\n“Yup token is the native token on the Yup protocol”. It is designed to increase the impact and engage with the protocol. Content curators and creators receive the token as reward (of course) for doing simple things like posting, rating, and content creating.\n\nThe tokens are minted under predetermined schedules, therefore making it somewhat inflationary, but some token are burned(locked up permanently) at particular intervals to control the supply and demand rate, therefore keeping the price at steady growth.\n\nBut still, I just have to say that there is one thing that you need to know and it is something I don’t personally like, its the genesis token allocation- predetermined distribution that is scheduled for over a one year period.\nThe allocation is as followed.\n\n50% to yup creators= 4,657,540 \n\n23% to liquidity= 2,142,469\n\n22% to team= 2,049,317\n\n5% to treasury= 465754\n\nAnd as for vesting schedule, it can be found on the website ‘Yup.io’. As it is to large to summarize effectively and efficiently.\n\nINFLUENCE/GOVERNANCE\n\n![210606_AddictiveSocialMedia_FINAL_0.png](https://cdn.steemitimages.com/DQmdhbHbFhH98W6eLgTYa6psoPppZ4DQkd2xy9FwnKxm99E/210606_AddictiveSocialMedia_FINAL_0.png)\n\nThe yup protocol measures the impact of a users on the platform by how long and how active are the users and their tokens, thereby creating a social semi anonymous consensus(like a DOA) where the most participating users receive the highest influencing power, rather than the biggest token holder.\n\nWhat this means is that active users are recognised and much more influential and have greater impact in determining the rewards a curator and creator receive for engagement and posting\n\nIn decision making the age or how long your tokens were initially rewarded to you is much more influential than the amount of tokens you hold.\n\nACTIVITY\n\n![images.png](https://cdn.steemitimages.com/DQmZcCrFB1nDPJh1bSKyqwgvxXBHUcPJKodLe4REB1mZhpS/images.png)\n\n\nWell! Its more complicated than the way am gonna put it.\n\nIt measures by decoupling (separating) earned and purchased token (as stated previously) thereby only using earned tokens(creation and curators reward) to value and anticipate the reflected network value of contributions of a specific account — in lay man terms “they value your participation not your tokens account balance” (these is what i personally love)\n\nJust to note, account balance of tokens does not affect activity or influence of a user at that point in time.\n\nSo its possible to send and receive tokens, without reducing or negatively impacting the level of the influence a users has had in the past when the tokens were still available.\n\nWell! That’s really all i have say about ‘Yup protocol’ to be honest I would still a device advice you to read the white paper(but be warned the vesting schedule has way lots of maths), because the protocol is really complicated to be honest\n\n\nSo I really hope I did a good job on summarizing it for you guys to better understand, as I found the website doc’s to complicated. I would like to note that these is not a sponsored or bounty article it was written out of choice and the hidden potentials i assume it has on #web3. So. Bye!\n\nAnd pls follow to be up to date on latest and high potential projects and information related NFTs, web3 & metaverse with simple understandable summaries & documentaries to understand anything.\n\nThis was written by Themeta3.0 on\n\nSteemit, read.cash, medium.\n\n\n\n#Yup #Protocol #Web #Foundation #Team #wealth #socialmedia #investing  #Summit #Webdsign #Ledger #sidehustle #makemoneyonling #nfts #metaverse #crypto #blockchain #bitcoin #steemit #money",
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      "body": "![images.jpeg](https://cdn.steemitimages.com/DQmfUSLzX3tu8swjEvXpynHwj1jRFUDfcMbQfHZYAdN5J3A/images.jpeg)\n\nAm talking every single engagement and activity into hot crypto, bro😳.\n\n(Web3.0)\n\nAnd heres how were gonna do it.\n\nWait! Hold on, hold on, hold on! Before everyone starts getting worked up and highly anticipating to make millions of these protocol, just keep reading before we get carried away and rush off to our browsers or wallets, let’s just try and read the whole article to find out what ‘yup' is really is all about and how we can use it to make good sweet crpyto on our social media platforms.\n\nYUP PROTOCOL: WHAT IS YUP\n\n![thumbnail.png](https://cdn.steemitimages.com/DQmRd3PKoEkoaLxeR1sVxffQiEkCZcJDhou4LpS6m1kPNJu/thumbnail.png)\n\n\nWell to break it down in simpler terms. Yup protocol is a web3 consensus that rewards you(the user) for their opinions participations and building influence on the social platforms.\n \nIts a social consensus protocol that literally measures, captures and facilitates capital in an ‘anonymous' opinions based economy.\n\nLITTLE HISTORY\n\nThe Yup protocol was founded in 2020 at the heat of the pandemic by two Colombia university graduates ‘NIR Kabessa' and ‘Vernon Johnson’ They founded ‘Yup' when they saw an opportunity to use blockchain to fix long standing issues in social media consensus, such as news feed moderation, curators and creators compensation and limiting controversial content to users. It also acts as a social consensus layer 1 for the internet, meaning: all platforms can be widely accessible through ‘Yup' and it is the foundation for all social platforms for curators and creators all over the internet.\n(Just for better understanding, with the use of its browsers extension feature, Yup links to all social platforms and tracks your engagements, there by rewarding you with ‘Yup token’.\n\nNow, “what is yup token, you might ask?”\n\nYUP TOKEN\n\n![Blockchain-influencing-the-Social-media-networks-768x288.jpg](https://cdn.steemitimages.com/DQmXzj8zteAzHMZhrMtx4zrm9HYe2VvsmzoGTmymB9Pv4M3/Blockchain-influencing-the-Social-media-networks-768x288.jpg)\n\nTo make it less complicated, an overview statement of ‘Yup token' should sound like these;\n“Yup token is the native token on the Yup protocol”. It is designed to increase the impact and engage with the protocol. Content curators and creators receive the token as reward (of course) for doing simple things like posting, rating, and content creating.\n\nThe tokens are minted under predetermined schedules, therefore making it somewhat inflationary, but some token are burned(locked up permanently) at particular intervals to control the supply and demand rate, therefore keeping the price at steady growth.\n\nBut still, I just have to say that there is one thing that you need to know and it is something I don’t personally like, its the genesis token allocation- predetermined distribution that is scheduled for over a one year period.\nThe allocation is as followed.\n\n50% to yup creators= 4,657,540 \n\n23% to liquidity= 2,142,469\n\n22% to team= 2,049,317\n\n5% to treasury= 465754\n\nAnd as for vesting schedule, it can be found on the website ‘Yup.io’. As it is to large to summarize effectively and efficiently.\n\nINFLUENCE/GOVERNANCE\n\n![210606_AddictiveSocialMedia_FINAL_0.png](https://cdn.steemitimages.com/DQmdhbHbFhH98W6eLgTYa6psoPppZ4DQkd2xy9FwnKxm99E/210606_AddictiveSocialMedia_FINAL_0.png)\n\nThe yup protocol measures the impact of a users on the platform by how long and how active are the users and their tokens, thereby creating a social semi anonymous consensus(like a DOA) where the most participating users receive the highest influencing power, rather than the biggest token holder.\n\nWhat this means is that active users are recognised and much more influential and have greater impact in determining the rewards a curator and creator receive for engagement and posting\n\nIn decision making the age or how long your tokens were initially rewarded to you is much more influential than the amount of tokens you hold.\n\nACTIVITY\n\n![images.png](https://cdn.steemitimages.com/DQmZcCrFB1nDPJh1bSKyqwgvxXBHUcPJKodLe4REB1mZhpS/images.png)\n\n\nWell! Its more complicated than the way am gonna put it.\n\nIt measures by decoupling (separating) earned and purchased token (as stated previously) thereby only using earned tokens(creation and curators reward) to value and anticipate the reflected network value of contributions of a specific account — in lay man terms “they value your participation not your tokens account balance” (these is what i personally love)\n\nJust to note, account balance of tokens does not affect activity or influence of a user at that point in time.\n\nSo its possible to send and receive tokens, without reducing or negatively impacting the level of the influence a users has had in the past when the tokens were still available.\n\nWell! That’s really all i have say about ‘Yup protocol’ to be honest I would still a device advice you to read the white paper(but be warned the vesting schedule has way lots of maths), because the protocol is really complicated to be honest\n\n\nSo I really hope I did a good job on summarizing it for you guys to better understand, as I found the website doc’s to complicated. I would like to note that these is not a sponsored or bounty article it was written out of choice and the hidden potentials i assume it has on #web3. So. Bye!\n\nAnd pls follow to be up to date on latest and high potential projects and information related NFTs, web3 & metaverse with simple understandable summaries & documentaries to understand anything.\n\nThis was written by Themeta3.0 on\n\nSteemit, read.cash, medium.\n\n\n\n#Yup #Protocol #Web #Foundation #Team #wealth #socialmedia #investing  #Summit #Webdsign #Ledger #sidehustle #makemoneyonling #nfts #metaverse #crypto #blockchain #bitcoin #steemit #money",
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