First, they are all decentralised content incentive platforms, and steem and yoyow are based on the same consensus algorithm, which is what they have in common.
Steem should be the first decentralized content incentive platform. Currently, the main market is foreign. The first application on steem is steemit, a website similar to blogs.The author gets the benefit from thumb up, and participates in thumb up and shares the benefits of the article.Now steem has launched SMTs, which is simply to make a smart contract similar to Ethernet in steem, so that more content applications can be built on steem.
Yoyow can be understood as China's steem or an optimized version of steem, and yoyow's current market positioning is expected to be a huge potential market in China.Using steemit people will find it has many disadvantages, and yoyow made the different design, such as restrictions on large voting weight, increase registered censorship, no steemit complex monetary system, increase advertising system, increase the transfer points system, and so on.
Because steemit is a front-end of steem block chain post application, based on steem and busy.org, for example, there is a difference between steem and steemit, including this year steem CEO, Ned will have replaced the original steemit logo is to distinguish them.Yoyow is a common chain, and there is no comparison between steemit and yoyow.
If you compare steem and yoyow, my point is that both have potential, just as you say facebook and tencent have the same development prospects.Steem is an overseas project that basically does not open the Chinese market, and steem's future value may be in Smart Media Tokens (a Smart contract similar to the one in the yitai square).
Yoyow is currently the only content company in China for puma steem. There is a large market in China, and there is still a gap between steem and steem in terms of market value. If it develops well, it also has great potential.
