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sewdieecrypto · 3 years

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Yarloo

the first lottery project in crypto history to use NFT s cards

Yarloo is a global lottery ecosystem built on transparent and decentralized blockchain technology, where the system will be distributed on public networks, making global lottery operations more efficient and transparent. By leveraging the Blockchain technology platform as well as the Binance Smart Chain Blockchain technology features, smart contracts allow various processes, such as collecting or distributing each lottery process, to be more efficient than traditional centralized systems currently in use. Because platforms that ensure international lottery security are their top priority, their blockchain -based lottery platforms also offer daily lottery draws. which covers a wide geographical area and can be followed by anyone, wherever they are. The use of smart contracts, of course,

Yarloo is a new look at the lottery gambling system known to everyone around the world. We feel that the current state of the lottery is quite poor, to say the least. This is not fun, the risk is too high and your chances are slim. Very much. Here is a quote from K5: “According to Lottery USA, the chance of winning the Mega Millions jackpot is 1 to 302.6 million and the chance of winning the Powerball jackpot is 1 to 292.2 million. Combine the two and the chances of winning both jackpots for over a billion dollars become 1 in 88 quadrillion. That's the number 88 followed by 15 the number zero.

But with the advancement of the crypto space today, we at Yarloo feel there is something that can be done to revolutionize the lottery system around the world, and to make it much more fun, give people a much higher chance of winning, create a much more flexible jackpot collection, and introduced the NFT card set as the core function behind the ticket. Also a fun aspect of making the whole project theme revolve around pirates!

Through this methodology, we believe that, while lotteries give people a very small chance of winning, cryptifying the system, wrapping it with fun games and money-making features for those who don't want to risk too much will potentially change the overall shape. the lottery industry, and that’s the clear end of the game for us at Yarloo.

📷

The nature of the world economy has changed relentlessly since the founding of cryptocurrencies, beginning with Bitcoin, and now with more than 4,000 existing cryptocurrencies, the total market capitalization of all cryptocurrency assets combined is at a market capitalization of $ 2,000,000,000. wrote this article.

Since the advent of Decentralized Finance, Non-Fungible Tokens, and many more elements that changed the shape of this industry, this space has become very attractive to outsiders to the point where it is now like a moth attracted to fire.

Unfortunately, however, while this space is significantly better than the FIAT system of today, it is not without its fair share of drawbacks. Most importantly, the fact that if you are in this space as an investor or trader, most likely you will lose a percentage of the funds, even if in the end you make a profit. That must have happened, and everyone has experienced it.

The problem is that people continue to lose funds because of holding, or trading at the wrong time, or simply because they entered at the same time when the whale decided to get out of their position, causing a crash and leaving retail in the dust.

But what if there was a method that could change this system for retail profit, in fact, what if there was an ecosystem that allowed whales and retail to profit simultaneously without having to do any trade? Could this be a necessary factor to prevent a bear market entirely?

This is where RST, or more precisely the Revenue Sharing Token system, comes into play. As the name suggests, this method concentrates on income sharing such as how shareholders receive dividends each duration specified for their investment, although dividends are usually quite small compared to the investments they make, and ROI is very slow.

On the other hand, RST is the ability to allow project token holders to receive a certain percentage of the company's revenue automatically just by holding their tokens, while receiving a proportionately fair share of what the project generates.

Here's an example:

Project X generates $ 3,000,000 per year. Gross profit is about $ 2,500,000. Project X integrates RST into their ecosystem, where they dedicate 40% of their revenue to be shared as they wish across the community, so this can be holders, liquidity providers, certain elite holding groups, whatever the conditions, and the group will meet requirements for a 40% share of that amount, with a total distribution of $ 1,000,000 of losses across the community, consistently, in the amount of time the company determines, be it daily, weekly, monthly, etc.

Depending on how much each individual holds a token, they tend to get a larger share of the profits, all for holding the token.

But how does this end the bear market?

Simple! The bear market is basically the fall of most tokens and reaching the bottom zone where the value is quite low. However, if RST is to be implemented in most projects, they will never face this dilemma regardless of market sentiment and selling pressure, because using RST revolves around one core factor that is important for its success:

Hold the token and do not sell it.

Earning more than you ever get from dividends by holding cryptocurrency is quite profitable, and will attract many investors to adopt the “HODLing” mindset - more importantly, projects can also allocate a certain percentage of their income to repurchase programs where they can later burn the tokens they buy or put them back into the ecosystem, which means market values remain consistently safe in healthy resistance zones with the potential for ongoing ATH encounters.

But there are catches.

RST is not perfect. There is one problem that makes it not applicable to all projects, which is the fact that it will be a total failure if the project that implements it generates minimal revenue. For example, if a project only generates $ 100,000 per year, the share of RST that holders receive will be low enough, and not attractive enough for them to keep the token and prefer to sell it later, meaning that most companies that will adopt this method will need to:

Have a strong business model that generates at least $ 1,000,000 per year.

Create a new revenue model around their project to generate enough funds for RST to work.

And lastly, they will need the strength of their HODler, the true front line and economic hero of any cryptocurrency, and a foundation for the RST ecosystem to function well. The real evidence of this is how HODLers survived when BTC underwent its first major correction in 2021, and how they would not let it return to a point without a return, instead, they allowed it to survive until restored. to a much stronger foundation, so companies should have all the right incentives to collect their HODler, and RST will definitely help achieve that incentive.

To date, the only RST company at the time of writing this article is Yarloo, a crypto lottery company that has a strong business model that allows users to continue to generate revenue for themselves and the company, enabling a substantially high revenue stream that will provide feed into the RST ecosystem they build.

Yarloo is the company behind the RST concept, and the original founder of how it works. We offer RST integration and consulting to fellow crypto projects, and would be happy to play our part in enabling retail investors and traders to never feel exposed to market corrections again.

About Yarloo

Yarloo is another translation of the lottery betting structure that is circulating for everyone around the world. We feel that the current status of the lottery is very weak, no doubt. It's horrible, the risk is too high and the results you imagine are weak. However, with the advancement of the crypto space today, we at Yarloo feel there is something very possible to change the structure of lotteries around the world, and to make it more fun, allowing people to essentially have a higher chance of winning, creating a much larger treasure trove. versatile, and introduced a set of NFT cards as the middle border on the back of the ticket. Likewise the incredible part of making the whole subject of business revolves around privateers!

Through this methodology, we recognize that, while lotteries allow people essentially few chances to win, cryptifying the structure, wrapping it with fun games and parts that are beneficial to individuals that may not be too harmful will potentially change the overall condition of the lottery. industry, and that was the undisputed end of the game for us at Yarloo.

📷How It Works

At Yarloo, you really need to check out the various activities that support finances, including, not limited to:

- Jackpot Lottery Solo

- Jackpot Lottery Team

- Luck Spinner

- NFT Trade Center

- Yarloo Wallet (to check and exchange our tokens)

- Game Arcade

- DeFi Loan and Lending System

As can be seen, Yarloo offers a variety of ways to handle our original lottery system, and to profit through different styles and approaches. Use our luck spinner to check if you can assemble other amazing cards that expand your possibilities. Is it fair to say that you are an inventor who has collected a large number of critical cards over time? The trading center is yours to pick up, and from the original perspective there is no risk at all because you are just selling your cards. If you are unlucky with cards and do not want to face high difficulties, then of course, stamping is your best method.

We are different

What makes Yarloo unprecedented, however, is the facility that uses the NFT system, making it the standard machine behind admission tickets. Because you want to play, you have to sign in by designing a specific game plan from the cards you have. Joining a card on a regular basis can give you unprecedented characteristics, depending on the uniqueness and type of the card, and the similarity features it has with the various cards you can guarantee. Cards are your travel ticket, and they are the only way you can work hard to win big bets.

To enter using a card, there is a partial fee that must be entered into the pool to add to the incredible prizes, however at that point you will be allowed to share 5 cards only from your set, following them to get the best results. which will create the results you can possibly imagine. If your strategy turns out to be incredible, you might get a gold mine, and congratulations on everything.

Products and Features

Yarloo will be filled with cool settings that will be very useful to everyone, and as we make progress later, we will start to include more, and analyzing it with our environment, we can see what else can be imagined in Yarloo.

- RST: Yarloo is the first task in the world to implement a development known as "Pay Sharing Token", which allows the surrounding environment to get 30% of Yarloo's profits to serve the organic framework on which it is produced.

- NFT: We are also an important lottery project in the history of crypto to use NFT cards as your guide segment ticket system in any collection! This concludes that instead of buying a ticket, your ticket is likely by the card you use in your lottery collection.

- DeFi: You will have the option to benefit financially from Yarloo due to DeFi's diverse structure, basically by allowing you to get 2% of the collection profit if you are the creator, and by taking advantage of our natural RST framework if you hold enough $ YARL.

ECOSYSTEM RST

The Revenue Sharing Token, or RST for short, is Yarloo's revolutionary backbone, the first implementation of its kind that will one day be recognized as NFT and DeFi technology, RST is how Yarloo can be armed as an anti-bear project, which can withstand any market sentiment. The way it works is quite simple, and can be reconfigured based on each company's preferences, but we will use Yarloo as a core example of how RST will be used given that we are the original founders of this concept and its first integrator.

Seed Investors & IDOs: 30%

Holders: 25%

Repurchase: 20%

LP Provider: 15%

Wheel of Fortune/Rewards Pool: 10%

📷CARD SYSTEM

Our card system is not too complicated. There will be 5 types of cards, ranked from bottom to top as:

These 5 types of cards have very different functions and values. For example, a small card only gives 1 ticket per card, due to its low value, and a Bronze card gives 2 tickets per card, but both have no special attributes and cannot be paired with other cards.

On the other hand, ranging from Silver to Sapphire, cards give you more tickets and they all have special attributes. Silver cards give 5 tickets per card, Gold gives 10, and Sapphire gives 50 participation tickets.

The set of cards will be released consistently at Yarloo, even after launch, as it will always be an important part of the system how everything works. There will be 3 types of card sets, so users can know what to expect from each:

Standard

Premium

eccentric

📷

ROAD MAP

Q3 2021:

Funding Round Conclusion

3-5 Launch Card Sets

Alpha wallet

Alpha Market

Q4 2021:

Wheel of Fortune Release

Launch of the Lottery Platform

Bridging $ YARL to a new network

First CEX list

5-8 New Card Sets

Fusion System Testing

Governance features for $ YARL holders

Updated Light Paper

Q1 2022:

Wander around the Seven Oceans!

We'll keep updating our roadmaps depending on new introductions, games we announce, and more. For now, only information about Q3 and Q4 of this year is available.

Useful Links:

Website: https://yarloo.vercel.app/

Telegram: https://t.me/yarloochat

Telegram Channel: https://t.me/yarlannouncements

Twitter: https://twitter.com/yarloo_rst

Currently: https://medium.com/@yarloo

Reddit: https://www.reddit.com/r/yarloo

Username: SewdieeLink: https://bitcointalk.org/index.php?action=profile;u=2979414

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