Yarloo project overview

"Intrоduсtіоn Yarloo"

Various sectors of the global marketplace are now beginning to experiment and apply Blockchain technology in their ecosystem, and one of the major sectors implementing it is the entertainment sector, especially gambling games like the lottery. This sector really needs blockchain technology to bring transparency to every process, and nowadays the Internet and mobile phones make the lottery very accessible and popular with many people, but as I said earlier, there is still a lot of scams in lottery processes that are vulnerable to manipulation. Yarloo is one of the projects that is trying to integrate Blockchain technology into lotteries that want the lottery process to be easily accessible, transparent, and also secure for everyone in order to ensure a fair system that spreads on the public network.

What is Yarloo?

Yarloo is a global lottery ecosystem built on transparent and decentralized blockchain technology, where the system will be distributed on the public network, making global lottery operations more efficient and transparent. By leveraging the Blockchain technology platform as well as the Binance Smart Chain Blockchain technology feature, smart contracts enable various processes, such as collecting or distributing each lottery process, to be more efficient than the traditional centralized systems currently in use. Since the platform ensuring the safety of international lotteries is their top priority, their blockchain-based lottery platform also offers daily lottery draws. that cover a wide geographic region and that anyone can follow, no matter where they are. The use of smart contracts, of course, makes the various results publicly available, and no one can manipulate them, thereby creating a new fair system.

The Yarloo team is committed to developing a cutting-edge online lottery platform that will be the best in the future and pioneer blockchain-based online lotteries. The Yarloo platform implements various interesting proposed features and blockchain integration, of course, it is very possible. In addition, their lottery platform also has a very simple lottery process that will provide a new and unique experience in which users cannot forget this experience, because, by its nature, the decentralized blockchain technology used on their platform offers fair chances of winning. Yarloo is one of the outstanding innovations that has taken the industry to the next level by integrating various cool features such as NFT, Staking, Defi, and Profit.

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What is Yarloo Token?

The Yarloo lottery ecosystem will issue its own currency called YARL. It is the main utility token to be used in their ecosystem, and this token is based on the Binance smart chain blockchain, which is distributed on the public network with smart contract integration enabling an automated, transparent, and more efficient process. effective. Their team also developed this token as a revenue-sharing token that allows users to generate passive income only by holding the token, with a portion of the Yarloo ecosystem's profits being evenly distributed among the holders. Liquidity will also be maintained, some of it will be placed in the liquidity pool, and this will create a fully community-based token with long-term potential and low risk.

Cryptocurrency market growth

When this article was written, the crypto market has now exceeded $ 1.5 trillion and made it one of the largest sectors in the global market with the most stable and fastest development despite the current Covid-19 pandemic, precisely thanks to the blockchain technology that introduces a revolutionary system. which is unique and certainly only more innovative, which provides new concepts for everyone. At the time of this writing, most of the daily volume of cryptocurrency comes from Crypto Cex or Dex exchanges with over $ 80 billion per day, and this value will continue to grow as blockchain technology is used in other sectors, and one of them is the entertainment sector, especially gambling, with great development in recent years, Yarloo is one of the projects.

Conclusion

It is impossible to deny that the gambling market today is one of the largest, and will continue to grow every year, especially in connection with the relentless use of the internet, but it is a pity that the gambling market, especially the lottery, is still very popular. A fraud, which is certainly harmed by users, as well as the lack of innovation in the sector. Currently, Blockchain technology is intensely integrated with various industries and also offers easy and secure access to the current lottery market.

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