Yarloo
the first lottery project in crypto history to use NFT s . cards
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.
In the lottery program, people will buy tickets that have a number, which if it matches the number drawn, the user is entitled to a prize. In many countries lottery programs are normal, but in some countries, especially Muslim countries, they prohibit all forms of gambling and this includes lotteries. But even so, lottery remains an industry that has quite a lot of demand and has the potential to develop in the future.
Blockchain technology is known as a revolutionary technology today that can be applied in various sectors, and this includes lottery programs. Through Yarloo, lottery programs and blockchain can be combined to create a revolutionary lottery platform. Yarloo presents a lottery platform in which there are many features that users can use to increase their income. And this is not just an ordinary lottery platform, but a lottery platform integrated with NFT and DeFi systems.
Crypto Lottery
Blockchain can be applied not only to cryptocurrencies but also to many sectors and this includes lottery programs. By combining blockchain technology with lottery programs, developers can implement various protocols that make lottery programs more innovative and modern, for example, developers can apply NFT and DeFi protocols to the lottery platform, which makes the lottery platform not just an ordinary lottery platform, but a lottery platform. GameFi platform where users can do various things to increase their income and it's not just lottery, it can be staking, trading or other. This is a solution offered by Yarloo, a crypto lottery platform in which there are various features that users can use to increase their income, such as lottery, staking, trading, etc.
Yarloo is a unique lottery platform that provides various features that will facilitate different styles of users. Here users can become collectors, stakers, or gamblers according to their style.
Yarloo Features
Yarloo is an innovative and modern lottery platform for users all over the world. Here users can participate in solo and team lottery pools to be able to get a sizeable jackpot. But it all depends on the user's luck and Yarloo ensures that this lottery program runs fairly and honestly. But that's not all, there are several other features of Yarloo:
- Wheel of Fortune: This is the coolest feature of Yarloo where users can participate in lucky spinners to get rewards in the form of tokens, discounts, special cards, etc. Yarloo will give users the opportunity to be able to spin once a day for free, but for the next spin, users have to pay extra.
- NFT Trading Center: A platform that will make it easier for users to buy and sell cards with other users easily and securely.
- Yarloo Wallet: A digital wallet that makes it easy for users to store digital assets and exchange them directly from the wallet. Here users can also risk their tokens.
- Arcade Games: A series of games developed by Yarloo for users to make Yarloo even cooler.
- DeFi Ecosystem: Users can borrow tokens using collateral securely through the DeFi ecosystem provided by Yarloo.
Cryptocurrency market growth
As of this writing, the crypto market has now surpassed $1.5 trillion and made it one of the largest sectors in the global market with the most stable and fastest development despite the current Covid-19 pandemic, precisely thanks to blockchain technology which represents a a unique and certainly more innovative revolutionary system, which provides a new concept for everyone. At the time of this writing, most of the daily volume of cryptocurrencies comes from Crypto Cex or Dex exchanges with over $80 billion per day, and this value will continue to grow as blockchain technology is used in other sectors, and one of them is the entertainment sector, especially gambling, With great development in recent years, Yarloo is one of the projects,
Infographics
Conclusion
It is undeniable that the gambling market is currently one of the largest and will continue to grow every year, mainly due to the continued use of the Internet, but it is unfortunate that the gambling market, especially lotteries, is still very popular. fraud that certainly harms users, and lack of innovation in the industry. Today, Blockchain technology is intensively integrated with various sectors and also provides easy and secure access to today's lottery market. This provides a great time to establish Yarloo as a pioneer in the lottery industry using Blockchain technology with integration of various features such as DeFi & NFT, and I personally hope their platform will launch soon.
Project Link
Website: https://yarloo.vercel.app/
Twitter: https://twitter.com/yarloo_rst
Telegram: https://t.me/yarloochat
Medium: https://medium.com/@yarloo
Reddit : https://www.reddit.com/r/yarloo
Litepaper: https://drive.google.com/file/d/1Dgz9_OiEQ_CFRCZfR5q-u0ShmZZ7TGeY/view?usp=sharing
by ; Mbelitar link: : https://bitcointalk.org/index.php?action=profile;u=3198654
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