Yarloo
Yarloo
platform that generates its own currency
Since the advent of decentralized finance (Defi), a number of peer-to-peer financial products have been built, allowing users to lend cryptocurrencies to other users and stake funds in liquidity pools to enable trading. But here's one that may not make sense on the surface.
What are Yarloo Tokens?
The Yarloo lottery ecosystem will issue its own currency called YARL. It is the main utility token used in their ecosystem, and it is based on the Binance smart chain blockchain, which is distributed on the public network with smart contract integration enabling automated, transparent and more efficient processes. effective. Their team is also developing this token as a revenue sharing token that allows users to generate passive income just by holding the token, with a portion of the Yarloo ecosystem profits distributed equally among its holders. Liquidity will also be maintained, some will be placed in the liquidity pool, and this will create a fully community based token with long term potential and low risk.
Crypto Lottery, whether it be UK National Lottery or US Big Millions – lottery games give you the chance to win big while keeping bet sizes to a minimum. With that said, it is only a matter of time before lottery games reach the crypto and blockchain technology arena.
Such games allow you to buy entry tickets via popular crypto coins like Bitcoin and Ethereum, and the process of drawing the ball itself is usually more transparent than you will find in the offline segment. Plus, winnings are distributed to successful ticket holders instantly, so there's no need to visit your local kiosk to collect prizes.
Yarloo is a new take on the lottery gambling system that is known to everyone around the world. We feel that the current state of the lottery is quite… lacking, to say the least. It's not fun, the risks are too high and your chances are dim. Very. Here's an excerpt from K5: “According to the US Lottery, the odds of winning the Mega Millions jackpot are 1 in 302.6 million and the odds of winning the Powerball jackpot are 1 in 292.2 million. Combine the two and the odds of winning both jackpots for over a billion dollars go to 1 in 88 quadrillion. That's 88 followed by 15 zeros.
But with the current advancement of the crypto space, we at Yarloo feel that something can be done to revolutionize lottery systems around the world, and to make it a lot more fun, give people a much higher chance of winning, create a much more flexible jackpot pool, and introduce set the NFT card as the core function behind the ticket. Also the fun aspect of making the whole project theme revolve around pirates!
YARLOO FEATURES
Yarloo will be full of cool features that will be very useful for everyone, and as we progress in the future, we will start to include more features, and discuss them with our community so we can see what else can be done in the future. future. Yarloo.
RST: Yarloo is the first project in the world to implement a technology known as “Revenue Sharing Token”, which allows the community to receive 30% of Yarloo's profits to serve the ecosystem in which it is built.
NFT : We are also the first lottery project in crypto history to use NFT cards as your main entry ticket system in any pool! This means instead of buying a ticket, your ticket is represented by the card you used in your lottery pool.
DeFi : You will benefit financially from Yarloo thanks to its hybrid DeFi system, especially by allowing you to earn 2% of pool profits if you are the creator, and by leveraging our RST ecosystem if you have enough $YARL!
Card System Our card system is not too confusing. There will be 5 types of cards placed from the bottom up as follows: These 5 types of cards have very different limitations and characteristics. For example, the paltry cards only give 1 ticket for each card, given their low value, and the Bronze card gives 2 tickets for each card, besides that both have unusual characteristics and cannot be combined with other cards.
Of course, from Silver to Sapphire, cards provide more tickets and all have great characteristics. Silver cards give 5 tickets for each card, Gold gives 10, and Sapphire gives 50 speculation tickets.
Card sets will always ship at Yarloo, even after delivery, as this will be a basic part of the process how it works. There will be 3 types of card sets, so that customers can understand what is in their respective stores:
- Standard
- Premium
- eccentric
ROADMAP
Q3 2021:
- Funding Round Conclusion
- 3-5 Sets of Launch Cards
- Alpha Wallet
- Alpha Market
Q4 2021:
- Wheel of Fortune Release
- Lottery Platform Launch
- Bridging $YARL to the new network
- First CEX List
- 5-8 New Card Set
- Fusion System Testing
- Governance features for $YARL holders
- Updated Light Paper
Q1 2022:
- Roam around the Seven Seas!
- We will continue to update our roadmap depending on new introductions, games we announce, and more. For now,
- only information about this year's Q3 and Q4 is available.
Important information:
- Website: https://yarloo.vercel.app/
- Telegram : https://t.me/yarloochat
- Telegram channel : https://t.me/yarlannouncements
- Twitter : https://twitter.com/yarloo_rst
- Medium : https://medium.com/@yarloo
- Reddit: https://www.reddit.com/r/yarloo
- by ;ahjushi link: https://bitcointalk.org/index.php?action=profile;u=2579936
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