[ANN]My Lotto Coin-Designed to empower players and disrupt unjust classic games

[MyLottoCoin(MYL)]

My Lotto Coin is the world’s first fully and truly decentralized and transparent cryptocurrency lottery operated
by an Ethereum smart contract making it the most trusted and secured lottery in the world.


A lottery game that is conventionally ruled, anonymously played, and autonomously operated

What is the opportunity?
The lotto market has witnessed a significant growth over the past years and inclining at a 10% rate.
A big portion of this market (about 50%) is consumed as house edge, whereas it can be given back to the community and players.

In reality, this house edge portion, is taken out of players pocket, which means players pay for something
that they will never get back, even if they win the jackpot. In My Lotto Coin, house edge is only 5% of jackpot
which is compensated for operating expenses.

Solution: My Lotto Coin

Biggest Prize Pool Ever
85% of lottery ticket sales goes to the prize pool.
My Lotto Coin allocates the largest percentage to the jackpot and winners
than any traditional and online lottery around the world.

Transparent
The Ethereum smart contract is public, and anyone with Internet
access can see the source code, payments, smart contract balance,
and prize pay-outs and all transactions at all time.

Reliable
All prize and reward distributions are guaranteed by the Ethereum smart contract,
with no human or third party involvement, benefiting the safe and secure blockchain environment.

Global Access
Anyone who has Internet access, an Ethereum crypto wallet and some ETH balance,
can play with no country, and citizenship restrictions.

MYL Rewards
For every 10 tickets purchased in one time, players will automatically receive
10 MYL tokens airdropped to their ETH wallets by the smart contract.

Anonymous
Unlike traditional and online lotteries, winners remain anonymous and no
identity is exposed at any stage, since no sign-up or registration is required.

Claimless Pay-Outs
Pay-outs are in ETH, and received in players ETH wallet address;
the same ETH wallet address the payment is made to purchase the tickets,
without any need to claim.

The First Of Its Kind
A Fully Decentralized and Transparent crypto-lottery operated by an
Ethereum smart contract making it the most trusted, independent, anonymous,
and secure lottery in the world!

Autonomous
All lottery ticket purchases, prize pool, and prize pay-outs are public
and recorded on the Ethereum blockchain, managed by a smart contract, with no human involvement.

Tokenized Reward Program
For 10 lottery tickets in a single purchase, 10 MYL tokens will be automatically
airdropped into the player’s wallet; the same ETH wallet address the payment is made to purchase the tickets.

The total supply of Ethereum-based ERC-20 MYL tokens is limited to 100 million,
thus its value will grow over time as demand increases. Each lottery game has a pool
of 10 million MYL tokens, which is allocated to players upon purchase of 10 tickets
from the respective lottery game.

Refer to project roadmap for more details of all lottery games.

MYL token holders (MYL100 and above) receive 10% of ticket sales
in ETH in proportion to circulated tokens, autonomously every 3 months and irrespective of playing games.

https://www.facebook.com/mylottocoin
https://twitter.com/MyLottoCoin
https://t.me/mylottocoin
https://www.youtube.com/channel/UCAFjinWatF2nlAmpcOAjNWQ
https://www.linkedin.com/company/mylottocoin
https://www.reddit.com/user/mylottocoin
https://www.instagram.com/mylottocoin/
https://github.com/MyLottoCoinProject

[1715152005]

1715152005

[1715152005]

1715152005

[1715152005]

1715152005

[mandor]

I see this project has a relationship with an old project. https://bitcointalk.org/index.php?topic=2940864.msg30207312#msg30207312
Having the same social media, the most common one is the Twitter account that's used.
I don't mind going to make it alive, just a reminder of having a bad start. I hope there are no more mistakes.

[necromastery]

Transparent
The Ethereum smart contract is public, and anyone with Internet
access can see the source code, payments, smart contract balance,
and prize pay-outs and all transactions at all time.

Poor, it's so easy you say transparent while what is shown is just the source code of the smart contract, I am used to seeing it, not something that makes a project transparent. It would be in accordance with the words that if what is shown is the figure behind this project, then the public will think that it is truly a bit transparent.

[MyLottoCoin(MYL)]

MyLottoCoin Migration from Ethereum Network to Binance Smart Chain by MarketCoinCap;

Blockchain projects often begin their lives as whitepapers that promise innovative technologies to follow at a later date. The journey from design paper to real product often takes many twists and turns and sometimes projects change their plans in fundamental ways like choosing to move to an entirely different blockchain.

The emergence of the decentralized finance (DeFi) sector has been largely built on top of the Ethereum blockchain, adding credence to the platform’s decentralized functionality. The surge in the use of the blockchain has come at a steep price though, as network speed and transaction costs are directly affected as more users and platforms are added to the blockchain. The increased cost to transact during periods of high network demand significantly impacts Ethereum's overall utility and has made it impossible for many projects to run any microtransaction payments on Ethereum. Faced with all these challenges, projects built on Ethereum have three options:

         - Do nothing and hope that users find enough value in the project to justify paying high fees.

         - Migrate the project to a less congested blockchain with smart contract functionality.

         - Build on Ethereum's Layer 2 scaling solutions.

Unsurprisingly, many projects are exploring the second and third options. Ethereum's scaling issues have forced some projects to migrate to other blockchains, among them MyLottoCoin.

Developed first on Ethereum in 2020 and recently migrated to BSC, MyLottoCoin is a fully permissionless DeFi-powered play-to-earn lottery DApp, the long sought solution to a fair and modern lottery model, leveraging the advantages of blockchain technology that offers a practical approach to simplifying the current online lottery model and fixing its defects by enabling fast, reliable, and tamper-proof technology access to players, while maintaining the traditional elements. ”Staking Plus”, a term that MyLottoCoin gave birth to, is a unique reward program powered by the project's native token, MYL.

MYL token was originally created to facilitate the reward program, empowering players to always be part of the game and win. MYL holders receive a share of the total ticket sales in proportion to the tokens in circulation, autonomously every 3 months. From the total supply of MYL (100 million), 50% is locked in the games’ smart contracts for free redistribution among players.

With Ethereum’s soaring gas fees and a slow block processing rate, MyLottoCoin as a DApp has suffered from this disadvantage like many other Ethereum-based projects. Therefore, MyLottoCoin team, in search of scalability solutions to give their users the cheapest and fastest experience possible, has decided to fully migrate from Ethereum to the Binance Smart Chain (BSC). This migration is complete and new Dapp will be launched on 22 November. This strategic decision, although comes with some challenges, brings many advantages especially in boosting the project’s adoption. Since the migration announcement, the project has gained positive sentiment.

It seems likely that gas prices will continue to force many established DApps to migrate from the Ethereum mainchain. Whether that migration will be largely toward Layer-2 solutions or alternate blockchains may depend on the nature of the applications themselves. Many of those DeFi applications benefiting from composability and large liquidity pools will likely prefer the Ethereum Virtual Machine (EVM) compatibility (e.g. BSC). MyLottoCoin and many other projects migration in 2021 are examples of 2nd wave migration, the blockchain type, once a sociological term that has now become a part of crypto lexicon.

*For more information on MyLottoCoin recent upgrade, you can find the project on socials with the handler “@mylottocoin”.

[MyLottoCoin(MYL)]

In your opinion, what is the greatest value of Mylottocoin now? What marketing plans do you have for Mylottocoin in the future?

MyLottoCoin greatest value is the first of its kind Tokenomics Reward program (Staking+) irrespectively of MYL token trading value.