AMA with Yooshi

13 min readOct 5, 2021

Introduction with Yooshi

Riswan Rasheed:
Question 1: YooShi, which is frequently seen on media platforms these days, has always made great efforts to develop. It upgraded its brand and successfully incubated two blockchain games. However, there may be some friends who don’t know much about YooShi, can you introduce it and sort out the ecology of YooShi?

YooShi Vincent:
YOOSHI's current orientation: NFT-based platform for IDO and game incubating, the games launching platform in the future. YOOSHI will continue to develop in this direction in the near future.

YooShi has three major sections:
1）YooShi GamePad
YooShi GamePad is the first NFT-based gaming IDO platform on Binance Smart Chain. YooShi GamePad will allow gaming developers to raise funds by pre-selling unique in-game assets in the form of NFT

2）YooShi Labs
YooShi GameFi Labs is an independent game incubator in the WEB3.0 era. It provides game developers with the complete GameFi game design system and technical support to help the game developers to finish blockgame development more easily.

3）Play To Earn Guild Alliance
P2EGA is a Play-to-Earn gaming guild alliance. We hope to help millions of low-income people to gain more profits through “Play-to-Earn” games and bring more users into the game!

YooShi's current ecology can be understood as two major parts

YooShi's expansion of NFT, Farm, and incubation project participation privileges based on its own deflation model.

NFT: With YooShi's own NFT, NFT holders can stake to participate in Farm, and there is NFT minting activities from time to time. Using lower-level NFT can mint higher-level NFT with a certain probability, which increases playability while realizing NFT deflation. In addition, in the last project StarMon, those who hold YooShi NFT and meet the corresponding requirements have enjoyed the privilege of blind box purchase. However, whether there will be corresponding welfare activities in subsequent projects shall be announced by authorities.

Riswan Rasheed:
Question 2: The new version of YooShi 2.5 is ready to be released! So what exactly got updated in version 2.5? What are YooShi's plans for 3.0 after 2.5?

YooShi Vincent:
YooShi official website has been upgraded to the version 2.5

Friends part has been updated and classified. Recently, you can see that YooShi has carried out many cooperation announcements in the official community. While carrying out deeper cooperation with existing partners, YooShi will expand more partnerships. Classification of YooShi Friends: Friends, Media, Community, Venture Capital, YooShi Games, Security Audit.

Media: BSC Daily, NFT Daily, CryptolA and so on have been added, which will greatly help YooShi in activities and brand publicity. Recently, BSC Daily conducted a special report on YooShi, making Yooshi recognized by more people.

Community: Excellent communities from Southeast Asia, the Middle East, Europe and the United States and other countries and regions: covering more than 300,000 people.

Venture Capital: Well-known investment institutions such as TK Ventures, Coin98, AC Capital will conduct detailed research on project information, which is also an affirmation of YooShi's future development potential.

YooShi Games: We currently incubated two projects, DNAxCAT and StarMon, and have received thousands of applications, YooShi will incubate more high-quality projects on our website.

Security Audit: Yooshi respects the rules of the cryptocurrency market, YooShi has been audited and attaches great importance to security issues.

Help Center Section: you can check various YooShi-related information: token economy, burning mechanism, and YooShi wallet tutorial to help users have a deeper understanding of YooShi.

The NFT Market section has been merged, enabling both auctions and market trades in this section. Through the display window at the top of the page we can see the Total Turnover, Total Transaction Time, Total Auction Times, and Total Auction Commission, which provides us with intuitive feelings about the NFT market.

YOOSHI NFTS, DNAxCAT, and StarMon are all updated on the NFT BOX page. The total NFT supply, circulating supply and number burned are all displayed, providing players with a reference for the supply and demand of the NFT market.

The Farms section has also been optimized: the staked value amount will be displayed on the interface and updated in real time according to the market price, and the page becomes smoother.

YooShi 3.0 is under preparation now. In consideration of the great significance of version 3.0 to YooShi and the arduous preparation process, the upgrade of version 2.5 is a compromise. YooShi team will take the lead in publicizing on the official website and the official community of YooShi after the preparation is completed.

Riswan Rasheed:
Community take your time to read this carefully

Question 3: GameFi has just emerged with great potential for future development. The YooShi ecosystem is in its early stages and has not taken on the shape. Obviously, it is full of opportunities. So how can a new player/investor participate in early investment on YooShi?

YooShi Vincent:
At present, players/investors can participate YooShi in the following ways:

YooShi platform token
YooShi’s current positioning has been mentioned earlier. YooShi is a NFT-based game IDO and publishing platform, what YooShi does will be related to its token YOOSHI. Incubating projects and the change in positioning are all to give YOOSHI more energy. Through careful observation, you can find that the blind box sales, market sales and auction in NFT market are all associated with YOOSHI. And there always some of the funds flowing into YooShi from auctions, rebates and the auction of blind boxes of the original incubated projects.

YooShi also has its own economic model. After the number of holding addresses reaches the corresponding requirements, a destruction will be carried out, and 10% will be charged for each transaction, which will be distributed to YooShi holders and injected into NFT Farm at a ratio of 4% and 3%. The other 3% is generally sold for BNB to add liquidity with the other half injected into pool.

YooShi NFT
The YooShi NFT was also mentioned earlier: YooShi has its own NFT which can be staked and also has minting gameplay, and will be auctioned from time to time. In addition, a round is added to the blind box purchase of StarMon, the second project incubated by YooShi. It is specially prepared for users who meet the mining power requirements of YooShi NFT. This is also a benefit for YooShi community members proposed by the YooShi team and the StarMon project.

Projects incubated by YooShi
The projects incubated by YooShi are also related to YooShi, and many new users get to know YooShi through the projects incubated by YooShi. Although YooShi maintains an independent relationship with its incubation projects, the YooShi team will also give some suggestions and help solve some problems during the game development process. Therefore, some of YooShi’s attributes will be implied in the incubated project, and users participation in YooShi incubated project will also make a certain contribution to the deflation of YOOSHI token and the expansion of the ecology.

Riswan Rasheed:
Question 4: Earlier this month, PlayToEarn Daily published a data graph showing that YooShi token’s market performance was ranked No.1 in its sector. First of all, congratulations to YooShi for being recognized by the market, but the question is what is the specific economic model of the project token and whether it can support the continuous appreciation of the token?

YooShi Vincent:
Based on YooShi's own deflationary economic model, YooShi will continue to be strong with the energy given by incubated projects.

YooShi's own deflationary economic model destruction mechanism:
At a certain number of token holders, 2% of the total supply will be burned. Secondly: a 10% fee will be charged for each transaction, which is distributed to YooShi holders and injected into NFT Farm at a ratio of 4% and 3%. The other 3% will be generally sold for BNB to add liquidity with the other half injected into pool.

Support from YooShi incubated projects:
The market performance of YooShi's NFT is eye-catching.
Total Turnover: $16,108,186
Total Transaction Times: 31,527
Total Auction Times: 9,465
Total Auction Commission: $587,104

Commission return mechanism: The platform receives 20% of the commission returns, 40% of which will be put into the mining pool and 50% will be purchased as YOOSHI in the market and burned.

Blind box initial release: 10% of the proceeds from the first two rounds of Sale of StarMon will be purchased in the market as YOOSHI, 50% of which will be burned and 40% of which will be put into the mining pool. 10% of the proceeds from DNAxCAT will be used to purchase YOOSHI, 50% of which will be burned and 40% will be put into the ore pool.

All the above mechanisms have been written into the contract, and the wallet address has been announced and can be verified.

Those who are interested in this can calculate the specific amount, which will be a large sum! Plenty of YOOSHI will be repurchased and burned. YooShi has only incubated two projects at present. Afterwards, YooShi will cooperate with more high-quality projects. Then the NFT market will grow exponentially, and with the launch of incubation games, more new users will definitely notice YooShi and participate in the ecology, which will give YooShi great energy.

Riswan Rasheed:
Question 5: After learning the whole development process, economic model and ecological condition of YooShi, I believe that many friends are very interested in YooShi’s future development direction and path. Could you tell us the short-term and long-term planning of YooShi in detail?

YooShi Vincent:
Near-term planning:
The implementation of the brand publicity: YooShi has released global AMA activity on its official platform, and it has been advancing the progress of the project and has achieved some results during this stage. The YooShi team considers it necessary to share the latest information and achievements of the project with YooShi family to help everyone better understand YooShi.

YooShi 2.5 has been upgraded and adjusted on the official website. The official will collect users’ feedback on social media platforms and communities to fix the problems.

Technical support for incubation projects, pre-launch stress test

Game guild: YooShi will establish its own guild and recruit established small game guilds or individuals who have some knowledge and interest in blockgames. This will be a huge expansion of the ecology and become the moat of YooShi ecology. It will also become one of the charms of YooShi to attract more high-quality projects to participate in the ecology of YooShi.

Project update: This part is often asked, and we received comments and private messages from Twitter. YooShi still pursues quality rather than quantity, and strictly reviews the project. There are many points to refer to for the project update: the maturity and development progress of the incubated projects, the quality of the application for incubation cooperation projects, the review of team members, etc., so as to seek steady development and build high-quality YooShi IP.

It has been said before that thousands of projects have submitted application forms to YooShi. As for whether the next incubation project will have YooShi NFT purchase privilege, and there will be the corresponding conditions, please keep a watchful eye on the official website. Any news announcements are subject to the official website, but one thing is confirmed: YooShi team will definitely fight for benefits and privileges for community members for we can not obtain today’s achievements without the strong support of users.

Finally, I want to say that: at present, due to the popularity of YooShi ecology, many fake and counterfeit projects have appeared on the market under the name of the third project incubated by YooShi. I would like to remind everyone again that all news is subject to the official website. The official website will post the latest news as soon as possible, so beware of being deceived!

Riswan Rasheed:
Well done
WE will see a good future

Community ask questions from Twitter

Riswan Rasheed:
@Nguyenhuybach12
YooShi GamePad is the first NFT-based gaming IDO platform on BSC. How do you ensure that every upcoming game on your launchpad is a quality game and not just another scam? In addition, what benefits will you offer them to make this launch process with you worthwhile?

YooShi Vincent:
We have received many applications for projects, and the team is still studying the connection.
We can’t guarantee everything, but we will try our best to help every project well, and for the benefit of users who hold YOOSHI tokens and NFT, we will give some technical and community support to the projects we cooperate with.

Riswan Rasheed:
@KevinSalom1
You talk about helping low-income people, do you have any plan or strategy to spread the knowledge of cryptocurrencies and NFT to countries where this topic is still unknown or not known how it works? Or to give more tools to people who are starting in this world?

YooShi Vincent:
We do AMA in global communities and promote YOOSHI on Twitter, just to make everyone familiar with YOOSHI.
We provide users with media and communities to understand YOOSHI
Twitter：https://twitter.com/yooshi_official
Medium：https://medium.com/@YooShi
Channel：https://t.me/yooshi_announcement
Discord：https://discord.gg/PekNeKDcRw
Reddit：https://www.reddit.com/r/YooshiToken
YouTube：https://www.youtube.com/channel/UCX6N_zUZxW2bW3kX5Cgvz5w

Riswan Rasheed:
@woyadonk
After learning the whole development process, economic model, I believe that many people are very interested in #YooShi future development direction and path. Could you tell us the short-term and long-term planning of #YooShi in detail?

YooShi Vincent:
The fifth question has been answered

Near-term planning:
The implementation of the brand publicity: YooShi has released global AMA activity on its official platform, and it has been advancing the progress of the project and has achieved some results during this stage. The YooShi team considers it necessary to share the latest information and achievements of the project with YooShi family to help everyone better understand YooShi.
YooShi 2.5 has been upgraded and adjusted on the official website. The official will collect users’ feedback on social media platforms and communities to fix the problems.
Technical support for incubation projects, pre-launch stress test

Long-term planning:
YooShi 3.0 upgrade: The website will undergo a major upgrade and transformation. By then, the development direction of YooShi will be clearer. You can log in to the game at YooShi, more in-game item trading markets will be opened, more cooperation will be announced by officially by well-known partners, and larger scale marketing will be held, etc.
Game guild: YooShi will establish its own guild and recruit established small game guilds or individuals who have some knowledge and interest in blockgames. This will be a huge expansion of the ecology and become the moat of YooShi ecology. It will also become one of the charms of YooShi to attract more high-quality projects to participate in the ecology of YooShi.
Project update: This part is often asked, and we received comments and private messages from Twitter. YooShi still pursues quality rather than quantity, and strictly reviews the project. There are many points to refer to for the project update: the maturity and development progress of the incubated projects, the quality of the application for incubation cooperation projects, the review of team members, etc., so as to seek steady development and build high-quality YooShi IP.
It has been said before that thousands of projects have submitted application forms to YooShi. As for whether the next incubation project will have YooShi NFT purchase privilege, and there will be the corresponding conditions, please keep a watchful eye on the official website. Any news announcements are subject to the official website, but one thing is confirmed: YooShi team will definitely fight for benefits and privileges for community members for we can not obtain today’s achievements without the strong support of users.

Riswan Rasheed:
@Jal12315
I'm still new to crypto, how do you make Your project easy for anyone? Including those who don't understand crypto will also use Your project?

YooShi Vincent:
You can try to join our community and follow our official website and media. When you have any doubts about YOOSHI, you can ask questions in the group, and we will be very enthusiastic to answer your questions

Join Our Global Communities
https://yooshi.io/community

Riswan Rasheed:
@Ibrahem24254134
Each project has interesting stories before it is created. So can you tell people about the story that gave you the motivation to build and develop a great project like yours?

YooShi Vincent:
Why YooShi is born：
There is a common subjective misconception for heavy APY, that is the impermanent loss from staking an LP (liquidity provider) exist in a farming reward generator. DeFi boom has has also show a fact that many new cryptocurrency prospectors get sucked into a high APY LP-farming trap, feeling hopeless as they are pushed out by earlier buyers with higher staking rewards. That’s the reason why YooShi is born.

Riswan Rasheed:
Thanks for the wonderfully detailed answers.

Live Questions answered by Yooshi

1)Temitope Awoyinka:
Can you tell us how and where can users buy your token

What exchange is it available on. ?

YooShi Vincent:
https://docs.yooshi.io/guides/buy-usdyooshi
Step 1 Open yooshi.io and Get in 【About YooShi】

Step 2 Click “Buy $YOOSHI“

Step 3 Get in PancakeSwap Exchange, connect wallet an enter the amount of tokens you want to buy.
YooShi PancakeSwap Pool: https://pancakeswap.finance/swap?outputCurrency=0x02ff5065692783374947393723dba9599e59f591
Suggestion Slippage: 10%-12%

YooShi is targeted to burned 10% total supply, with the plan

In each trade, the transaction is taxed a 10% fee, which is split into 3 ways:
4% fee redistributed to all existing holders;
3% fee is split 50/50, half of which is sold by the contract into BNB, while the other half of YooShi tokens are paired automatically with the previously mentioned BNB and added as a liquidity pair on PancakeSwap;
3% fee will be injected into NFT Farming.

Market auction: After the successful auction, the platform will charge 3% of the publisher's earnings as service fee, 40% of which will be put into the mining pool and 50% will be purchased as YOOSHI in the market and burned.
Commission return mechanism: The platform receives 20% of the commission returns, 40% of which will be put into the mining pool and 50% will be purchased as YOOSHI in the market and burned.
Blind box initial release: 10% of the proceeds from the first two rounds of Sale of StarMon will be purchased in the market as YOOSHI, 50% of which will be burned and 40% of which will be put into the mining pool. 10% of the proceeds from DNAxCAT will be used to purchase YOOSHI, 50% of which will be burned and 40% will be put into the ore pool.

2)M M:
1. Q What is the Best way to follow All your Upcoming news and updates? Will you please provide the links of your project. What are your plans in coming Future?

YooShi Vincent:
Twitter：https://twitter.com/yooshi_official
Medium：https://medium.com/@YooShi
Channel：https://t.me/yooshi_announcement
Discord：https://discord.gg/PekNeKDcRw
Reddit：https://www.reddit.com/r/YooshiToken
YouTube：https://www.youtube.com/channel/UCX6N_zUZxW2bW3kX5Cgvz5w

Join Our Global Communities
https://yooshi.io/community

3)Uci Suryadi:
In future incubation projects, do you aim to benefit YOOSHI holders?

YooShi Vincent:
Those who hold YOOSHI can pay dividends
YOOSHI has an NFT trading market
Transaction NFT will charge transaction fees for the Burned of YOOSHI
In future incubation projects, we will fight for benefits for YOOSHI holders

AMA with Yooshi

Introduction with Yooshi

Community ask questions from Twitter

Live Questions answered by Yooshi

Written by Decentralized Club