How Yours Works?

Yours Protocol offers a flexible structure that can accommodate a wide range of online assets, allowing these assets to be converted into credit or exchanged for assets owned by others. As a platform that maximizes the value and liquidity of digital assets, it provides both users and issuers with new opportunities and possibilities.

Yours Protocol Diagram

Yours Protocol Diagram

When a new user onboards to the Yours Protocol, they can take the following two main actions:

• Create NFTs Based on Web2 Data: Users can create NFTs based on their existing Web2 data. This allows users to convert their digital assets, such as in-game items, gift cards, artwork, and more, into NFTs and register them on the Yours Protocol. This process enhances the value of Web2 assets by turning them into NFTs.

• Import Existing Web3 Assets, Especially NFTs: Users can import their existing Web3 assets, particularly NFTs, into the Yours Protocol. This enables users to manage and trade their owned NFTs within the Yours platform, leveraging Web3 assets for various purposes.

Additionally, users can further enhance the usability of their Web3 assets and generate income through the following features:

• Wallet Rental: The Yours Protocol provides wallet rental services, allowing users to easily create wallets and use them securely. Like the password in your bank account, your wallet's private key and mnemonic code are very important information. Yours allows your wallet to be opened only when you enter the secret value you set through self-encrypting technology. The secret values entered at this time are not through the network at all, so there is no risk of leakage.
• Notification System: Users can receive real-time updates on NFT trades and events of interest through the notification feature, ensuring they stay informed about crucial information.

• Marketplace: Users can participate in NFT trading on the Yours Marketplace, where they can buy, sell, and trade their Web3 assets with other users. This feature provides opportunities to generate income or acquire desired NFTs.

• Integrated Point System: Users can buy and sell the integrated YRP points, which can be used at various partner merchants. By burning these points, they can receive incentive tokens ($YRS), and by staking $YRS, they can earn a portion of the profits based on the protocol's activity.

Through these functionalities, the Yours Protocol offers users various ways to manage and leverage Web3 assets, opening up new opportunities and possibilities.