WHAT IS YOOBA?
Yooba is a blockchain system for shopping . A decentralized, global, secure, private, blockchain-based e-commerce system, committed to all consumers, safety, privacy, and easy global consumption. Yooba's research, development and maintenance only focus on commercial scenarios and future related to goods and services. It’s an app/pc wallet where company can upload and sell their products and services through Yooba’s ecommerce ecosystem built for everyone and anywhere people in the world.
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.
IT HAVE A MOBILE APP WHICH PROMISES A PERFECT ONLINE MOBILE EXPERIENCE FOR SHOPPING AND USING SERVICES.
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.
• User can upload any goods and services anywhere
• Rich search features let you find any goods or services you want
• You can communicate with your provider to determine more details.
• Users can customize the homepage to their liking, or use a template
• Simultaneously as a commodity or service provider and consumer in one place
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 as well as their trading history.
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.
MULTIPLE ACCOUNT TYPES TO SUPPORT A PERFECT BUSINESS 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.
THE SYMBOL FOR YOOBA TOKEN IS YOO. $YOO is the basic currency used for trading in Yooba.
THE TOTAL SUPPLY IS 10 BILLION.
The green part is 25% early issued, and 20% of them are airdropped and randomly distributed free of charge to the Ethereum Account with more than 0.01ETH (priority) (thanks to Ethereum).The amount of airdrop is 2 billion, and about 200,000 addresses can get 10,000 Yoo. It will be distributed before December 31, 2018, and the specific information will be distributed on the official website or Yooba social media. The other 5% was used forinitial incentives for Yooba development, promotion, testing, and community enthusiasts.40% for ICO reservation. 5% for early investors. 30% is reserved for the community, ecological construction, founding team, scientific research, etc. Of these, 15% is left for ecological construction and community. 3% is reserved for research projects such as security, privacy, and law. 12% is left to the founding team and core developers.Inflation rate:0.5% to 5%. The specific mechanism will be given later.
TOKEN ISSUE MECHANISM CONSIDERATIONS
• Total 10 billion, annual inflation rate 0.5% 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)
• 40% is reserved for ICO.
• 5% is available to early investors.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.
GOAL
Yooba’s goal is to allow all consumers to conduct global consumption while protecting security, privacy, freedom, and convenience， through one account; to establish a global, decentralized, transparent, fair, and dynamic business platform. So its design, community development, and application promotion will all focus on this goal.
Yooba does not plan to implement its own blockchain system from scratch. Of course, doing so also has its advantages, but our resources such as manpower and material resources are limited. We chose to stand on the shoulders of giants. We chose Ethereum, which has a relatively mature technology and application in the current blockchain world (and thanks to Ethereum for their efforts and contributions to the world of blockchain). Yooba will transform it to meet its own needs and goals. Of course, we do not intend to live in the shadow of Ethereum for a long time. We do not want the development of Yooba to be limited to the development of Ethereum (after all, our goals are different). Yooba will step by step improve or even replace the core components of Ethereum, as long as it does not adapt to the development of Yooba, we will do so, of course, we will do our best to ensure Yooba’s compatibility. Yooba will gradually form its own complete technical system, in order to maximize support for its own development scene.
YOOBA’S PROMISING’S DEMANDS
High performance: tens or even millions of transactions per second to
meet the global user shopping experience
Low latency: Confirmation speed in seconds, improving trading
experience
Big Storage: Huge storage space for rich goods and services
High scalability: Different transaction processes and rules required for
various commodity trading scenarios, free access to third-party services,
and networks. Meet various business models
Decentralization: The conflicts of interests among sellers, service
providers, and commercial entities are obvious. They need fair and
transparent mechanisms to maintain, and there is no middleman control.
Security, Privacy: Great Protection of User Privacy and Property Security
MULTIPLE TECHNOLOGIES SUPPORT GLOBAL BUSINESS TRANSACTIONS
Cloud computing, artificial intelligence, storage and other service providers free access to yooba
• The user's various merchandise, homepage, etc. are stored in a space provided by multiple service providers and users, and provide multiple backups
• Cloud computing, artificial intelligence, insurance as a basic service, applied to other commodities on yooba, store, etc.
Close to reality and solve various real needs
YOO token,besides its own value, it can also be used as a currency to support the circulation of various business scenarios on yooba.
Physical goods, virtual goods, and various services can be provided and consumed on yooba
DPOS
• 2~3 seconds block time, low latency, faster verification speed, higher performance
• Hundreds of thousands of transactions per second, to meet the needs of the world's commercial transactions of a large amount of demand
• Advanced voting mechanism ensures that the blockchain is not destroyed
Security , Privacy
• zk-SNARKS - zero-knowledge proofs, ring signatures and other flexible privacy mechanisms to access smart contracts, protecting confidentiality throughout the transaction
• A variety of encryption algorithms, used in chat, transaction, storage and others, to protect the data from leaking
Privacy has always been one of the features that users are very concerned about. Assets, transaction records, personal information, etc. are very important to the user. Because this information is mastered, the user's consumption habits, behavioral characteristics, etc. are grasped. No one wants to be completely exposed to another person, let alone to the public. Personal data should be mastered by individuals. No third party can guarantee 100% data security and freedom from data abuse. We should hold our own things in our own hands. The technologies used in the field of cryptocurrency to ensure privacy and apply widely include zero-knowledge proof (zk-SNARKs) and ring sign (Ring Signatures).
Yooba chose privacy protection at the smart contract layer for greater freedom and broader application scenarios. Yooba will implement and provide a variety of privacy protection smart contracts as a basic module for users to choose from, including ring sign and zero-knowledge proof.
1 ETH = 250000 YOO.
1 ETH = 250000 YOO
1 ETH = 180000 YOO
YOOBA’S PLANNING TO RELEASE IT’S MAINNET ON 2019-04-01 AND WE ALL KNOW COINS WITH MAINNET HAVE HUGE POTENTIAL IN MARKET NOWADAYS SO BUY NOW WHILE IT’S STILL CHEAP! IT WILL BE A MASSIVE PROJECT NEXT YEAR SO HURRY UP AND FILL UP YOUR BAGS WITH YOOBA!
ICO PROCESS
- The offer is valid only within 7 days from the beginning of the ICO.
** 2nd Stage will begin one week after the ICO starts or when 5% Tokens from 1st Stage will be sold out.Additionally to 15% of tokens,will be added unsold tokens from 1st Stage (if unsold tokens left).
UNSOLD OUT TOKEN PROCESS
- 45% of total supply will sell in ICO.Unsold tokens mean the tokens that unsold in those tokens.
** The bonus will be awarded only to those,who will have more than 25000 YOO.Themore tokens you have in your wallet ,the higher your YOO bonus will be received.Thebonus computational equation is (X * Y / Z).The X means the half of unsold tokens.TheY means the amount YOO of you hold.The Z mean the sum of all YOOs with holders greater than 25,000 YOO.
*** Token will be sold by market avarage price.The avarage price will be deducted more than from two exchanges.
Refund all users participating in the ICO and reclaim the YOO they purchased.More to see here
- If the average price of the exchange is less than (1/250000) ETH. The official website will be sold at (1/250000) ETH. If the exchange’s average price is greater than or equal to (1/250000) ETH. The official website will be sold at the exchange’s average price.
** If the average price of the exchange is less than (1/180000) ETH. The official website will be sold at (1/180000) ETH. If the exchange’s average price is greater than or equal to (1/180000) ETH. The official website will be sold at the exchange’s average price.
ROADMAP :
TEAM :
Flyye: Team Lead & Tech Lead
Michael Harrall: Sr DB Engineer
Wang Yaxiong: Sr Server Developer
Zhou Jian: Sr App Developer
Frank Meer: Marketing Manager
Roman Buzhora: Marketing Manager
Jingo Cabiles: Community Development Manager
TELEGRAM: https://t.me/yoobaproject
FACEBOOK: https://www.facebook.com/YoobaProject
TWITTER: https://twitter.com/YoobaProject
REDDIT: https://www.reddit.com/r/Yooba/
BITCOINTALK: https://bitcointalk.org/index.php?topic=4613187
Bitcointalk Profil: https://bitcointalk.org/index.php?action=profile;u=2202323
WEBSITE: https://yooba.org/
WHITEPAPER: https://yooba.org/assets/YoobaWhitePaper_en.pdf
GITHUB: https://github.com/yooba-team