Review Yarloo ($yarl) Project.
Yarloo — The Ultimate Crypto Lottery
Changing the crypto space by giving back to our community
The anti-bear solution the entire crypto space deserves. We’re a lottery platform full of products using NFT and DeFi technology as well as our very own RST.
#bsc #yarloo #yarl #ido #cryptocurrency #cryptocurrencies #RST $YARL
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.
RST — The Revolutionary Crypto Revenue Sharing System
The world’s economic nature has been shifting non-stop ever since the founding of cryptocurrencies, having started with Bitcoin, and now with over 4,000 cryptocurrencies existing, the total market cap of all crypto assets combined is at a whopping $2,000,000,000,000 market cap at the time of writing this article.
Ever since the rise of Decentralized Finance, Non Fungible Tokens, and so many more elements that changed the shape of this industry, this space became incredibly attractive to outsiders to the point where it’s now like moths being attracted to flames.
Unfortunately, however, while this space is significantly better than the current dated FIAT system, it’s not without its fair share of flaws. Most importantly, the fact that if you’re in this space as an investor or a trader, it’s quite likely that you’ll lose a percentage of funds, even if you ultimately profit. It’s bound to happen, and everyone has gone through this.
The problem is that people keep losing funds for holding, or trading at the wrong time, or just that they entered at the same time when whales decided to exit their positions, causing a crash and leaving retail in the dust.
But what if there was a method that could alter this system for retail’s benefits, in fact, what if there was an ecosystem that can allow both whales and retail to profit simultaneously without having to do any trading whatsoever? Could this be the factor needed to prevent bear markets entirely?
This is where RST, or rather Revenue Sharing Token systems come into play. As the name suggests, the method concentrates on sharing revenue like how stockholders receive dividends every set duration for their investment, albeit the dividends are usually quite minor in comparison to the investment they made, and the ROI is incredibly slow.
On the other hand, RST is the ability to allow a project’s token holders to receive a set percentage of the company’s revenue automatically just by holding their token, while receiving a proportionally fair share of what the project makes.
Here’s an example:
Project X generates $3,000,000 annually. The gross profit is about $2,500,000. Project X integrates RST into their ecosystem, for which they dedicate 40% of their revenue to be divided however they see fit across the community, so this could be holders, liquidity providers, a specific elite group of holders, whatever the conditions may be, and that group would be eligible to a 40% share of that amount of money, totaling at a whopping $1,000,000 split across the community, consistently, at whatever set amount of time the company decides, be it daily, weekly, monthly, etc.
Depending on how much each individual holds of the token, they’d be prone to earning a larger share of the profits, all for holding the token.
But how does this end the bear market?
Simple! A bear market is basically the crash of the majority of tokens and reaching a bottom zone where its value is quite low. However, if RST was to be implemented in most projects, they would never have to face this dilemma regardless of market sentiment and sell pressure, because using RST revolves around one core factor that is essential for it to succeed:
Holding the token and not selling it.
Earning more than you’d ever get from dividends by holding cryptocurrencies is quite lucrative, and would attract many investors to adopt the “HODLing” mindset — more importantly, projects can also allocate a certain percentage of their revenue to buyback programs where they can later burn the tokens they bought or put them back into the ecosystem, meaning the market value remains consistently safe at a healthy resistance zone with the potential of continuously meeting ATHs.
But there’s a catch.
RST isn’t perfect. There’s one problem that will make it not applicable to all projects, which is the fact that it would be a total failure if the project implementing it is generating minimal revenue. For instance, if a project only generates $100,000 annually, the RST share that holders receive will be fairly low, and not enticing enough for them to keep holding the token and would rather sell it later, meaning that most companies that would adopt this method will need to either:
Have a powerful business model that generates at least $1,000,000 annually.
Create a new revenue model around their project to generate enough funds for RST to work.
And lastly, they will need the power of their HODlers, the true frontline and heroes of any cryptocurrency’s economy, and a cornerstone for the RST ecosystem to work properly. A living proof of this is how HODLers stood their grounds when BTC was having its first major correction in 2021, and how they wouldn’t let it go back to the point of no return, instead, they enabled it to persevere until it was restored to a much more powerful foundation, so companies better have all the right incentives to get their HODlers together, and RST will most certainly help achieve that incentive.
As of now, the only RST company at the time of writing this article is Yarloo, a crypto lottery company that has a robust business model that allows users to steadily generate revenue for themselves and the company, allowing for substantially high revenue streams that would feed into the RST ecosystem they’d built.
Yarloo is the company behind the RST concept, and the original founder of how it works. We offer RST integrations and consultations to fellow crypto projects, and would love to play our part in allowing retail investors and traders to never feel exposed to market corrections ever again.
About Yarloo
Yarloo is one more translation of the lottery wagering structure outstanding to everyone all through the planet. We felt that the current status of lottery is very olacking, undoubtedly. It’s terrible, the risks are too high and your conceivable outcomes are weak. Regardless, with the current progress of the crypto space, we at Yarloo felt like there was mething so much that ought to be feasible to change the lottery structure all through the planet, and to make it extensively more fun, permit people basically higher chances of winning, making considerably more versatile treasure trove pools, and introducing NFT card sets as the middle limit behind tickets. Similarly the incredible piece of making the entire subject of the endeavor pivot around privateers!
Through this methodology, we acknowledge that, while lottery permits people basically little chances of winning, cryptofying that structure, wrapping it with fun games and worthwhile parts for individuals who might rather not peril a great deal of would potentially change the condition of the entire lottery industry, and that is the undeniable end-game for us at Yarloo.
How it Work
On Yarloo, you will really need to check out different fiscally supportive activities, including, anyway not limited to:
- Solo Lottery Jackpots
- Team Lottery Jackpots
- Fortune Spinners
- NFT Trading Center
- Yarloo Wallet (for checking and exchanging our tokens)
- Arcade Games
- DeFi Lending and Borrowing System
As can be seen, Yarloo is offering a wide scope of ways to deal with check out our original lottery system, and to benefit through different styles and approaches. Use our fortune spinners to check whether you could assemble another exceptional card that extends your possibilities. Is it exact to say that you are a finder who has amassed a gigantic number of critical cards as time goes on? The trading center is yours for the taking, and there are from a genuine perspective no risks at all as you’re simply selling your cards. In the event that you’re not as fortunate with cards and don’t want to confront high difficulties, then most certainly, stamping is your best methodology.
Different Us
What makes Yarloo unprecedented, regardless, is the means by which it utilizes the NFT system, making it the standard engine behind the entry tickets. Accepting you need to partake, you ought to enter by orchestrating out a specific game plan of cards that you own. Joining cards can regularly net you unprecedented characteristics, dependent upon the exceptionalness and sort of the card, and the likeness features it could have with various cards that you may guarantee. Cards are your passage ticket, and it’s the solitary way you can endeavor your shot at winning the huge stake.
To enter using cards, there’s a part charge that ought to be put away into the pool to add to the incredible prize, anyway by then you will be permitted to disseminate 5 cards just from your set, going along with them to have the best result which would fabricate your conceivable outcomes. If your strategy ends up extraordinary, you may have gotten yourself a gold mine, and congratulations would be all together.
Product and Features
Yarloo will be overflowing with cool arrangements that will be unfathomably useful for everybody, and as we acquire progress later on, we’ll start including more, and analyze them with our neighborhood we can see what else ought to be conceivable in Yarloo.
- RST : Yarloo is the world’s first assignment to execute a development known as “Pay Sharing Token”, which allows the neighborhood get 30% of Yarloo’s advantages to serve the organic framework whereupon it is manufactured.
- NFT : We’re also the essential lottery project in crypto history to utilize NFT cards as your guideline segment ticket system in any pool! This infers instead of buying tickets, your tickets are tended to by the cards you’re using in your lottery pools.
- DeFi : You’ll have the alternative to benefit fiscally from Yarloo as a result of its cross variety DeFi structure, fundamentally by allowing you to get 2% of a pool’s advantages on the off chance that you’re its creator, and by benefitting from our RST natural framework on the off chance that you’re holding enough $YARL.
RST ECOSYSTEM
Revenue Sharing Token, or RST for short, is the revolutionary backbone of Yarloo the first implementation of its kind in what will one day become just as recognized as NFT and DeFi technologies, RST is how Yarloo can be weaponized as an anti-bear project, one that could withstand any market sentiment. How it works is fairly simple, and it can be reconfigured based on each company’s preference, but we’ll be using Yarloo as the core example for how RST will be utilized given that we’re the original founders of this concept and its first integrators.
- Seed & IDO Investors: 30%
- Holders: 25%
- Buyback: 20%
- LP Providers: 15%
- Wheel of Fortune/Rewards Pool: 10%
CARDS SYSTEM
Our card system isn’t really complicated. There will be 5 types of cards, ranking from bottom to top as:
These 5 types of cards have incredibly different functions and values. For example, petty cards only grant 1 ticket per card, due to their low value, and Bronze cards give out 2 tickets per card, but both of them have no special attributes and can’t be paired with any other card.
On the other hand, starting from Silver to Sapphire, cards give out much more tickets and all of them have special attributes. Silver cards give out 5 tickets per card, Gold gives out 10, and Sapphire grants 50 participation tickets.
Card sets will be consistently released in Yarloo, even after launch, as it will always be a vital part of the system of how everything works. There will be 3 types of card sets, so that users can know what to expect from each one of them:
- Standard
- Premium
- Eccentric
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 information, please follow our social links below:
- 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:
Forum Username: Adria Pedrosa
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2853227
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