Dec 17, 2021 13:41 UTC
Dec 17, 2021 at 13:43 UTC
Last quarter of 2021 has been huge for MyLottoCoin. After a protracted yr of endurance and arduous work the group began creating hype round MyLottoCoin DApp launch on BSC. After the preliminary DApp launch on the Ethereum again in summer time ‘20, the group shockingly introduced its full migration to Binance Smart Chain originally of final August. Not too shabby, taking a look at community congestion and extreme gasoline charges suffered by their unique host,
Ethereum, the killer whale of DeFi ocean. Keeping their unique tokenomics intact, 100M model new BEP-20 MYL tokens, the mission’s native utility token, have been issued and efficiently airdropped to all their unique ERC-20 MYL token holders and early backers.
MyLottoCoin not solely survived over a yr of challenges however got here out stronger and extra alive than ever! With renewed spirit and even higher advantages for gamers and token holders, DApp launch was lengthy awaited and got here hand in hand with Europe’s high tier trade, WhiteBit, scheduled for the twenty second of November, 2021.
MyLottoCoin is a completely permissionless DeFi-powered play-to-earn lottery DApp, designed to empower gamers and conventionalize blockchain gaming expertise with a contact from conventional lotteries offering a full inclusion mannequin and a primary of its form community-centric reward program reconceptualizing the lottery mannequin and providing a multifaceted method to simplifying the present lottery mannequin and fixing its defects.
MyLottoCoin is a DApp to regulate. It not solely establishes a hyperlink between the standard world and the blockchain period, but it surely additionally brings probably the most wished decentralized options into play and but not lacking out on conventional customers by incorporating the foundations of traditional video games, one thing that often futuristic Blockchain powered tasks miss out on, and failing in offering a full inclusion mannequin.
The DApp represents a crypto-lottery recreation that follows conventional lottery guidelines. Thanks to the sensible contract, each single step of the method in autonomous and even profitable numbers are exterior to the platform. Random quantity turbines (RNG) may be considerably predicted or manipulated and that is one of the highest bets: MyLottoCoin replicates official lottery video games, which means that the identical guidelines, quantity choosing strategies, draw schedules and profitable numbers are adopted precisely.
No RNG plus the truth that no knowledge is saved make MyLottoCoin foolproof and almost not possible to not depend on. Probably, their most tasty function is the truth that 50% of their whole token provide is allotted without spending a dime distribution amongst gamers. This implies that the lottery is an actual life working product that has a worth by itself, in contrast to another crypto-project on the market, the place the tokens/cryptocurrencies are on the heart. Instead, the neighborhood is the middle of MyLottoCoin, and the MYL token was conceived to alter the destiny of gamers and provides them again their luck.
It’s so simple as this: for each 5 lottery tickets bought directly, gamers robotically obtain 10MYL tokens airdropped in the identical pockets they’ve paid from. Tickets are paid in BNB and that is the place it will get attention-grabbing:
- Only 5% is destined to mission bills which is spent for growth and advertising
- 85% represents the very best portion of collected cash totally allotted to the prize pool
- 10% remaining of ticket gross sales is redistributed quarterly amongst MYL token holders (100MYL and above) so long as they maintain their tokens of their pockets throughout the reward quarter.
Who mentioned staking? No, staking means placing your property someplace (out of your fingers, truly) so you may get some returns in the identical crypto asset. This is what MyLottoCoin calls play-to-earn hodl-to-reward: Besides enjoying to win, effortlessly obtain free MYL tokens (play-2-earn), and you retain your tokens in your personal pockets of selection, having full management of your property and obtain BNB passively for so long as you maintain them, irrespective of enjoying video games (Hodl-2-reward).
A profitable yr appears to be across the nook for the MyLottoCoin group and gamers who would possibly get to the moon earlier than we expect!