KNOW YARLOO

 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 might not make sense on the surface.

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 being said, it is only a matter of time before lottery games reach the crypto and blockchain technology arena.


INTRODUCTION

Yarloo is a new take on the lottery gambling system well known to everyone around the globe. We felt that the current state of 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 a quote from K5: “According to Lottery USA, 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 those two and the odds of winning both jackpots for more than a billion dollars comes out to 1 in 88 quadrillion. That’s the number 88 followed by 15 zeros.

But with the current advancement of the crypto space, we at Yarloo felt like there was so-mething that could be done to revolutionize the lottery system around the world, and to make it much more fun, give people significantly higher chances of winning, creating much more flexible jackpot pools, and introducing NFT card sets as the core function behind tickets. Also the fun aspect of making the entire theme of the project revolve around pirates!

Through this methodology, we believe that, while lottery gives people significantly small chances of winning, cryptofying that system, wrapping it with fun games and money making features for those who don’t want to risk too much would potentially change the shape of the entire lottery industry, and that’s the clear end-game for us at Yarloo.

HOW IT WORKS?

On Yarloo, you will be able to participate in a number of financially beneficial activities, including, but not limited to:

  • Solo Lottery Jackpots
  • Team Lottery Jackpots
  • Fortune Spinners
  • NFT Trading Center
  • Yarloo Wallet (for staking and exchanging our tokens)
  • Arcade Games
  • DeFi Lending & Borrowing System

As can be seen, Yarloo is offering a variety of different ways to participate in our unique lottery system, and to benefit through different styles and approaches. Are you a risk taker? Solo lottery likely fits you well. Wanna feel the security of higher odds thanks to having others supporting you as a team? Team lottery is definitely the way to go. Feeling lucky today? Use our fortune spinners to see if you could collect a new special card that increases your odds. Are you a collector who has accumulated a large number of valuable cards over time? The trading center is yours for the taking, and there are literally no risks whatsoever as you’re simply selling your cards. If you’re not as fortunate with cards and don’t want to take high risks, then by all means, staking is your way to go.

Like to gamify your gambling experience? Our pirate themed arcade will fulfill your needs, and if you ever find yourself short in money or would like to utilize our DeFi system, then feel free to borrow our token by adding collateral. With each different one of those methods, you get the ability to taste what it’s like to be lucky, without feeling that there’s too much risk. Yarloo’s different jackpot pools vary significantly, with limited and unlimited pools being made available to allow users the ability to participate in all sorts of jackpots, no matter how large or small the grand prize is.

What makes Yarloo unique, however, is how it utilizes the NFT system, making it the main engine behind the entry tickets. If you want to participate, you will have to enter by planning out a specific set of cards that you own. Combining cards can usually net you special attributes, depending on the rarity and type of the card, and the compatibility features it could have with other cards that you may own. Cards are your entry ticket, and it’s the only way you can try your shot at winning the jackpot. To enter using cards, there’s an entry fee that needs to be deposited into the pool to add to the grand prize, but then you will be free to allocate 5 cards only from your set, combining them to have the best possible result which would increase your chances. If your strategy works out well, then you may have netted yourself a jackpot, and congratulations would be in order.

The idea remains the same for team jackpots, except it requires much more thinking before entering, as a proper plan and combination of cards could skyrocket a team’s odds of winning the jackpot they’re participating in. For example, as we said before, you are limited to 5 cards per pool, meaning you only have 5 cards to use for any lottery jackpot, solo or team based. But if you’re part of a team, which will consist of 4 participants including yourself, that would mean each of you will be using 5 cards from their collection, leading up to 20 cards. The idea for team participations is because some individuals will have different unique cards in their collection, and not everyone is lucky enough to get all the appropriate card combinations together unless they spend a fortune to collect everything there is to get. This would mean having a team is the best possible strategy if you want to increase your odds, as you can pair your cards together for maximum effect. If you own a rare, special card that’s compatible with another card from a team member’s collection, then you would have a special effect that generates you more tickets, increasing your winning chances by miles.

But remember: you’re not the only team participating in this lottery, and you’ll have to consi- der your pairs properly and efficiently, putting into consideration the fact that there are other teams planning their odds and readying their cards. This way, the lottery isn’t really going to be based on pure luck. There’s thinking to be done, and strategizing, and you will have many different options made available for you, allowing you to navigate through the dozens of potential ways to benefit through Yarloo.

FEATURES

Yarloo will be full of cool features that will be very useful for everyone, and as we make more 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. 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 hold enough $YARL!

ROADMAP

Q3 2021:

  • Funding Rounds Conclusion
  • 3-5 Card Sets Launch
  • Wallet Alpha
  • Marketplace Alpha

Q4 2021:

  • Wheel of Fortune Release
  • Lottery Platform Launch
  • Bridging $YARL to new networks
  • First CEX listing
  • 5-8 New Card Sets
  • Fusion System Testing
  • Governance features for $YARL holders
  • Updated Lightpaper

Q1 2022:

  • Venturing around the Seven Seas!
  • We’ll continue updating our roadmap depending on new introductions, the games we announce, and so much more. For the time being, only information surrounding Q3 and Q4 of this year are available.


  • For more info please visit:
  • 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

Author : samuel321

Bitcointalk username: Samuel321

Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1925101

Telegram username: @opeyemijayeoba321

Bsc wallet :0x0fdCEeA617F0D2BF265763A8524aB537a267908F

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