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Home Press Releases

Introducing YUSE, The ultimate multi-utility token

chainwire by chainwire
May 10, 2022 - Updated on May 11, 2022
in Press Releases
Reading Time: 2 mins read
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YUSE
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lisbon, Portugal, 10th May, 2022, Chainwire

Yuse ecosystem launching its own wallet

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Yuse protocol, an ecosystem of digital products backed by blockchain technology, is taking a big step forward with the release of its non-custodial wallet.

From the 19th of May onward, members of the Yuse community will be able to store their Yuse Tokens ($YUSE) in a safe and decentralized manner. Beyond storage, users will be able to earn rewards by staking $YUSE, as well as take advantage of the wallet’s built-in exchange to perform trades.

What is Yuse?

Built on the Binance Smart Chain (BSC), Yuse is a comprehensive ecosystem that will allow users to earn rewards by playing games, learning, socializing, as well as creating and consuming content.

All of the features aforementioned are backed by $YUSE, a multi-purpose utility token that powers the protocol and its rewards structure. $YUSE was recently listed on both Coinmarketcap and Coingecko, the two largest price-tracking websites for crypto assets.

Overview of Yuse’s ecosystem

Yuse is pioneering several decentralized applications (dApps), each one offering a different service.

The first digital product being developed by Yuse is Circle, a dating platform that rewards users for simple actions such as chatting or completing their profiles. Users are financially incentivized to engage with the platforms, receiving $YUSE tokens for creating, sharing, and consuming content.

The Circle platform will take extra security steps by storing data on the blockchain, thus minimizing the risk of sensitive information about users being hacked and leaked. Another innovative feature is the decentralized conflict settlement system, where users can vote and decide if certain users should be kicked out or allowed to stay in the community.

Another application in the pipeline is the Yuse university, a learn-and-earn program that uses blockchain technology to track users’ accomplishments. Scholarships will be distributed among the community, allowing students of the Yuse university to participate in different courses. The Yuse university offers gamified educational content, as well as $YUSE rewards, so students are highly engaged and eager to learn.

Other products being worked on by the Yuse team include a SocialFi application (FUNTasy), a GameFi platform (YUPLAY), a decentralized cloud storage solution (AIRlift), and a unique traveling application (XperienZ).

Bright future ahead

The $YUSE token will be at the center of every product and service, making the wallet release a major milestone achievement. Further down the road, the YUSE team aims to integrate a non-fungible token (NFT) marketplace into its ecosystem, as well as leave BSC to create its own highly scalable blockchain.

Contacts

Yuse Technologies

Umesh Pandey

[email protected]

https://yusetoken.io

Article Disclaimer

The Information Presented Here Does Not Constitute Investment Advice Or An Offer To Invest. The Statements, Views, And Opinions Expressed In This Article Are Solely Those Of The Author/company And Do Not Represent Those Of Coinworldstory. We Strongly Advise Our Readers To Do Your Own Research (DYOR) Before Investing In Any Cryptocurrency, Blockchain Project, Or Ico, Particularly Those That Guarantee Profits. Furthermore, Coinworldstory Does Not Guarantee Or Imply That The Cryptocurrencies Or Projects Published Are Legal In Any Specific Reader’s Location. It Is The Reader’s Responsibility To Know The Laws Regarding Cryptocurrencies And Icos In His Or Her Country. Please Respect Your Country Law & Take Advice From Your Advisor .

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May 21, 2022
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