Yarloo

Yarloo

  a 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 cryptocurrency to other users and stake funds in liquidity pools to enable trading. But this is one that may not make sense on the surface.

Crypto Lottery, whether it's the UK National Lottery or the US Millions - lottery games give you the chance to win big while keeping your bet size to a minimum. Thus, it is only a matter of time before lottery games reach the arena of crypto and blockchain technology.

Such games allow you to purchase entrance tickets through popular cryptocurrencies such as Bitcoin and Ethereum, and the process of drawing the ball itself is usually more transparent than you would find in the offline segment. In addition, winnings are distributed to successful ticket holders instantly, so there is no need to visit your local kiosk to collect prizes.

What is a Yarloo Token?
Yarloo’s lottery ecosystem will issue its own currency called YARL. These are the primary utility tokens used in their ecosystem, and these tokens are based on the Binance smart chain blockchain, which is distributed on public networks with smart contract integration that enables automated, transparent, and more efficient processes. effective. Their team also developed this token as a revenue -sharing token that allows users to generate passive income simply by holding the token, with some of the benefits of the Yarloo ecosystem distributed evenly among its holders. Liquidity will also be maintained, some will be placed in liquidity pools, and this will create a fully community -based token with long -term potential and low risk.

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 the US Lottery, the chance of winning the Mega Millions jackpot is 1 in 302.6 million and the chance of winning the Powerball jackpot is 1 in 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 88 followed by 15 zeros.

But with the advancement of the crypto space today, we at Yarloo feel that something 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 pool, and introduce set the NFT card as the core function behind the ticket. Also a fun aspect of making the whole project theme revolve around pirates!

YARLOO
FEATURES Yarloo will be packed with cool features that will be very useful to 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 future. Yarloo.

  • RST:   Yarloo is the first project in the world to implement a technology known as "Revenue Sharing Token", which allows communities 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 the history of crypto to use the NFT card as your primary ticket system in any collection! This means that instead of buying a ticket, your ticket is represented by the card you use in your lottery collection.
  • DeFi:   You will benefit financially from Yarloo thanks to its DeFi hybrid system, especially by allowing you to earn 2% of the collection profit if you are the creator, and by leveraging our RST ecosystem if you have enough $ YARL!

HOW IT WORKS
At Yarloo, you'll be able to participate in a number of financially rewarding activities, including, but not limited to:

  • Single Lottery Jackpot
  • Jackpot Lottery Team
  • Fortune Spinner
  • NFT Trade Center
  • Yarloo Wallet (to spy and exchange our tokens)
  • Game Arcade
  • DeFi Loans & Lending System

As you can see, Yarloo offers a variety of ways to participate in our unique lottery system, and profit through different styles and approaches. Are you a risk taker? The solo lottery is most likely for you. Want to feel a higher security of opportunity thanks to others who support you as a team? The team lottery is clearly the way to go. Feeling lucky today? Use our luck spinner to see if you can collect new special cards that increase your chances. Are you a collector who has collected a large number of valuable cards over time? The trading center is yours to pick up, and there is literally no risk because you are just selling your cards. If you are unlucky on the card and don't want to take high risks, then of course, snooping is your way.

CARD SYSTEM Our card system is
not very 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, 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 how things work. There will be 3 types of card sets, so users can find out what to expect from each:

  • Standard
  • Premium
  • eccentric

RST ECOSYSTEM
Profit 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%

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.

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