Yup (YUP) is a decentralized protocol that rewards users for rating, posting, and curating content across the web. More
| Fully Diluted Valuation | $62,028 |
|---|---|
| 24H Trading Volume | $1 |
| 24H Low / High | $0.00 / $ 0.00 |
| Circulating Supply | 44.33M |
| Total Supply | 76.50M |
| Max Supply | ∞ |
| Categories | SocialFi 4 more |
|---|---|
| Founder | Paul Mabray 2 more |
| Website | yup.io |
| Socials | |
| Chains | Ethereum Ecosystem 2 more |
| Explorer | Basescan 5 more |
| Contracts |
0x69b....9bcc9
2 more
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| Name | Pair | OG Score |
|---|
Yup (YUP) is a decentralized social consensus protocol that creates a new kind of social network. It allows users to earn rewards by rating, posting, and curating content across various platforms.
How Does It Work?
Users on the Yup platform receive token rewards for their contributions. The more valuable their opinions are, as determined by other users, the greater the rewards they receive. This creates a system where users are incentivized to provide accurate and helpful ratings.
Building Influence
As users engage with content and earn rewards, they build their influence within the community. Their status in specific topics grows based on their assets, which are influenced by staking, engagement, and approval from others.
Universal Influence Metric
Yup integrates with multiple sites and platforms, establishing a universal metric for influence. This means that users can rate anything and be rewarded for their accuracy, helping to elevate their standing in topics they care about.
Conclusion
In summary, Yup (YUP) transforms the way users interact with content online by rewarding valuable opinions. Through its innovative protocol, it encourages meaningful engagement and offers a new avenue for users to gain recognition and rewards in the digital landscape.
Yup (YUP) is unique because it combines a social consensus protocol with an opinion economy, allowing users to earn rewards by rating and curating content across multiple platforms while building influence based on the value of their opinions.
The founders of Yup (YUP) include Paul Mabray, Jonny Price, and Scott Moore, who developed the protocol to incentivize valuable online interactions and content curation.
Yup (YUP) has been backed by investors such as Pantera Capital and HashKey Capital, who support its vision of a decentralized social economy.
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