Today, emojis are a global language. People from all over the world use them to express their emotions, share stories, and connect.
Having said that, wouldn’t it be great if people had the option to own a single emoji or a string of emojis that best represents them?
That’s exactly what Yat is aiming to accomplish.
Yat is a system that allows everyone to use a personalized string of emojis as their universal username to avoid censorship.
In other words, Yat aims to replace email addresses, phone numbers, and meaningless usernames with emojis.
Users can use their string of emojis as usernames in order to complete daily tasks such as sending and receiving money, chatting with friends, and creating websites.
Yat currently embeds a dataset of 447 emojis that are universally understood and commonly used.
On the official Yat website, users can create their own custom string of emojis based on their preferences. Strings of Yat are extremely short and are available in different levels of rarity.
Yats have two distinct scoring elements; they are called “generation” and “rhythm score”. In Yat, a generation is a time period during which the Yat was created, so the first generation is called zero. The rhythm score of a Yat is determined algorithmically by three factors: length, popularity, and pattern. The higher the rhythm score, the rarer the Yat.
For an additional cost, Yat owners can tokenize their emojis as NFTs on the Ethereum blockchain since July 2021, but purchasing a Yat isn’t the same as minting an NFT.
Users must first use Yat’s “visualizer tool” to create an animation of the emoji string in order to turn the Yat into an NFT. Visualizations are then bound to the Yats themselves and can be minted into NFTs for storage and sale on OpenSea.
According to its Opensea profile, Yat has traded 411 ETH, or $1,314,682.14 (at the time of writing).
Although the numbers might indicate a good response from the community, the project is already facing some criticism, such as that Yat URLs might be hard to find because it’s not always easy to type an emoji sequence on a standard QWERTY keyboard.