YOTOY is a platform for developing, operating, managing and transferring decentralized applications and in-app assets on the blockchain ecosystem. This platform can support developers to program, debug and release decentralized applications and hybrid architecture applications for the blockchain environment. At the same time, it integrates a blockchain-based distributed user account system, wallet and digital asset circulation platform, which can realize the off-chain permanent storage and cross-chain use of in-app assets.
The platform digital asset YOTOY has three functions: (1) the value exchange medium within the platform ecology, (2) the entrusted consensus rights and interests share representative of the YOTOY public chain, and (3) the measurement of platform community participation and contribution. YOTOY is generated from the platform consensus work contribution rewards (such as block generation) and the process of developers producing assets, and is transmitted to users through in-game currency, props, and asset circulation platforms. Users and developers also exchange YOTOY through the circulation facilities of platform digital assets.
As the value exchange medium of the platform, YOTOY can be used to pay for resource consumption in the community, exchange platform functions, consume and realize digital asset circulation, as well as pay for cross-chain ecological consumption and resource exchange (such as the need to publish Ethereum applications through the platform GAS, etc.).