YooShi is the decentralized Meme coin that grows into YooShi's game Metaverse. Is it worth investing in or being a rug pull which will disappear in the near future? This review will help you to discover the truth about YooShi coin.
What is YooShi?YooShi is a pun for “Yoshi,” a nod to the lovable green character of the Super Mario video game franchise. This origin story highlights the project's meme inspiration and early beginnings.
YooShi is a decentralized finance (DeFi) play-to-earn (P2E) non-fungible token (NFT)-based gaming ecosystem on Binance Smart Chain. It started as a memecoin and has now evolved into a metaverse-focused cryptocurrency with various NFT functionalities.
YooShi is the first initial DEX offering (IDO) platform on Binance Smart Chain for NFT-based gaming projects, earning its slot in Binance's Most Valuable Builder II program — an initiative that analyzes hundreds of BSC NFT projects and picks the most exciting ones.
How does YooShi work?
The core functionalities of the YooShi platform can be broken down into three basic concepts:
- YooShi GamePad: The YooShi gamepad functions as an accelerator for game developers, allowing them to raise funds to pursue their projects by preselling unique in-game assets in the form of NFTs.
- YooShi Labs: YooShi Labs is a DeFi game incubator that provides GameFi game developers with technical support and the necessary tools to design their games and bring their ideas to life.
- P2E Guild Alliance (P2EGA): P2EGA is YooShi's play-to-earn game initiative. YooShi's game will feature P2E mechanics allowing players to have fun and extract real value from their gaming experience.
Is YooShi A Shit Coin or Real Value?Despite their joke origins, memecoins have exploded in popularity and made enormous gains over the years. However, some experts have branded them as shitcoins with no actual inherent value. This is because memecoins are based on internet jokes, puns, or sarcasm. Most memecoins have no other purpose other than being a meme. That being said, this hasn’t stopped this class of cryptocurrency from seeing great price appreciation.
The value potential of a memecoin usually depends on the amount of hype it can generate. YooShi is not an except, this project had a very eventful year in 2021. A couple of key moments that graced Yooshi's year include:
- Top MOU
- Guild Alliance
The guild alliance was the world's first PlaytoEarn guild alliance. Members of the alliance include Unix Gaming and Avalon World Gaming.
Yoshi's guild alliance potentially would be able to achieve what each guild would have found difficult to achieve on their own. This will lead to more earning opportunities in PlaytoEarn games, and aid Yooshi in achieving its goal of helping millions of low-income people around the world increase their income through PlaytoEarn.
- Auction on Binance NFT
- Yooshi GamePad
YooShi is a fair trading coin
Yooshi is a decentralized memecoin and NFT GameFi ecosystem built on Binance Smart Chain. Yooshi token was launched in May 2021 as 100% community-owned with no pre-sale or team allocation. The token had a total supply of 1 Trillion at the token generation event (TGE). However, 50% of the total supply which was allocated to the developer's wallet was burned upon launch.
Yooshi token's liquidity was locked at launch and contract ownership transferred to the 'blackhole' which essentially means that the project would find it exceptionally difficult to rugpull. The memecoin also has a deflationary burn mechanism designed to continually drive its price upwards.
Do you think YooShi is trustable and worth investing in by its success in 2021?