Yooshi will introduce IYO (short for "Initial Yooshi NFT Offering") and enhance YooShi LaunchPad, a new plan that will completely enable the initial asset offering of Web3 projects in the future.
IYO is a unique GameFi providing mode that replaces the usual Token IDO with a combination of Genesis NFT mining and Farm liquidity mining based on the Genesis NFT blind box for high-quality Web3 applications.
IYO will link high-quality Web3 projects' initial assets to the 430,000-strong YooShi Army crypto community.
The IYO (Initial Yooshi NFT Offering) is a Genesis NFT blind box offering for high-quality Web3.0 blockchain applications available only on YooShi LaunchPad.
IYO not only sells Genesis NFT blind boxes, but also offers a variety of other services, like NFT mining, NFT HashRate Upgrade, FARM liquidity mining, and more.
The NFTs that will be used in IYO will be distributed in strange blind boxes. IYO will run many rounds, each with a varying number of blind boxes released.
10% of the proceeds from the sale of NFT blind boxes will be used to pay for protocol maintenance and will be automatically converted to $YOOSHI (among which 50 percent will be burned, 40 percent injected into YooShi mining pool and 10 percent used as YooShi developer income).
Simultaneously, YooShi recommends that the project inject the remaining 50% of sales volume into the Dex liquidity pool as the project's initial liquidity, and use the balance for project operation and development.
Users can get NFTs with varied initial HashRates after purchasing the NFT blind box, then stake the NFTs into the project's NFT Mining Pool to participate in the project's Genesis NFT mining.