From the website…. (Not sure how or when they update the “market cap”)
How is the value of one YOYOCOIN determined?
To make this fun, we decided to tie the value of one YOYOCOIN to the price of one Bitcoin. We didn’t want to determine the price ourselves, but rather to have an outside force do the work. Bitcoin seemed like a good way to go. If Bitcoin goes up or down, YOYOCOIN does as well (in a proportional way).
I know. It’s what I discribed? Do you see a discrepancy? 
It’s in unrelated now and it’s YoYo adjacent as it is a physical coin made by a YoYo company. I think this thread is valid and if you desire to not see it there is a visibility control at the bottom left.
Sorry for getting off topic with the crypto stuff in general but the OD YoYo’s coin is a neat concept as a collectible. Treated as anything more is a tad absurd but I mean NFTs exist so I guess anything can be a store of value.
You are right Brandon. I’m gonna mute this topic now.
I misread this…. When I saw the word dollar, I thought you implied a random figure. My bad.
I think tying it to Bitcoin, something completely out of their control, is the only way to give it true “value”. The only place this value can be realized is when you walk into the store for a visit so I think it’s a fun little game to play. I know I’m hoping to find one in my package some day.
I don’t partake in the crypto game but sometime wish I could ride one of those waves.
I think all 100 are out in the wild already.
It’d be so fun to take a trip to OD HQ and get a bunch of yo-yos with Yoyo Coins.
Let’s be honest, it’s a “grown men’s toy forum”.
Does the OD market value make sense? With bitcoin at a market cap of $1.85 trillion right now, the numbers seem off.
Value: $73.71
Circulation: 100 coins
Market Cap: $7371
Don’t know the exact percentage, but it seems like 1 Bitcoin = roughly 1,200 yoyocoin.
I act like a child at times and have kids if that counts any
Seems as right as any other imaginary store of value.
It would be kinda risky if they didn’t own any Bitcoin themselves lol, essentially shorting Bitcoin.
The fact that they can easily buy Bitcoin to mitigate this is another good reason to use it for this.
It seems like they could re-distribute any that are actually redeemed(?)
Does the “value” represent the actual discount?
David from one drop will be laying out the fact in just a few moments
Pretty much. Mainly this is an ultra rare collectible. No one has actually redeemed one yet. This is just some fun - nothing serious.
What will happen to the coin once someone does?
We get it back and we’ll put it in a random order as we did all 100.
That I can get behind. I like silly collection stuff
