YOUR protocol’s pre-sale was one to be remembered. Coming strong out of the gates, its pre-sale on-boarded over 5000 users to the platform, which is heavily disrupting the e-commerce and creator landscape.
At its core, YOUR protocol is enabling e-commerce stores to increase engagement and conversions through their proprietary UGC engine, and is giving power back to creators, by allowing them to earn on their product focused content through value based reward schema’s.
The pre-sale was an absolute success, and has shown that the market is ready for a sophisticated product like this, which is providing creators with autonomy over their work.
The Vision for E-Commerce Domination
YOUR Protocol aims to be the content layer for the global e-commerce industry. By fusing web3 tech and content creation, they are providing a seamless content management and distribution architecture for e-commerce stores, enabling them to manage their content across multiple platforms.
In a world where most product content is consistently duplicated, uninspiring and blatantly incorrect, YOUR is stepping in to ensure brands have access to content that is high quality, unique content that adheres to each consumer’s preferences to ensure higher engagement and sales.
Their proprietary technology has been developed with not only brands, but creators in mind.
Creators are given the freedom to create content for brands whilst maintaining ownership through a sophisticated smart contract system.
The reward system for YOUR correlates to the amount of value a creator brings to an a-commerce brand – quality and interaction with creator is how YOUR benchmarks rewards for creators, as well as providing reputation levels as creators earn more points.
Backed by the likes of Stratos, Genblock Capital, SkyVision Capital and Insquare Ventures, YOUR Protocol is one of the few content-focused protocols offering sustainable rewards and token incentives to creators, is pushing the boundaries to how brands utilise UGC content and providing consumers with a curated and engaging shopping experience.
$YOUR Utility and benefits
YOUR provides sustainable incentives to ensure prosperity for brands, creators and token holders alike. Out of the fixed supply of 1,000,000,000 YOUR tokens, 30% is locked for creator incentives to ensure sustainable rewards schema.
The $YOUR token is designed to enhance its value and fairly share the protocol’s success among its token-holders and creators through a dynamic system of rewards, buybacks, and staking.
Content creators, curators, nodes, and developers, who are integral to the growth and maintenance of the protocol, are rewarded with $YOUR tokens for their contributions, especially content creators who produce product content.
Holding $YOUR tokens brings a few key advantages;
- Stake for access
Users of the protocol must stake their tokens to access content features, and in return, they earn APY for keeping their tokens staked over the long term. This creates a mutually beneficial relationship between the protocol and its users.
- Buy-back commitments
The value of the token is further supported by a continuous buyback cycle, where Content Distribution dApps buy $YOUR tokens for streaming content, and Content Creation dApps use them for content storage and management.
In terms of content ownership, the $YOUR token offers a unique proposition. Using smart contracts, the protocol ensures that content creators have complete ownership of their work.
- Creator Governance
The governance aspect of the YOUR ecosystem is a collective effort. Holding $YOUR tokens gives stakeholders a say in the YOUR DAO, illustrating the protocol’s commitment to community involvement and shared decision-making.
The Future of E-Commerce is YOUR’s
YOUR Protocol created a stage for creators and e-commerce brands to collaborate and flourish, and their pre-sale was a testament to the conviction the market has for a solution of this calibre.
With IDO looking to be on the horizon, YOUR Protocol is shaking up e-commerce and content for the better – follow their socials for all the updates.
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