Categories: Payment system news

Gamified-Social Price Prediction Platform YOLOREKT DApp Set to go Live on August 1st, 2022

The ALL-NEW YOLOREKT is finally releasing on August 1st, 2022, after being in stealth mode since 2020 and receiving significant modifications and gameplay updates. During 3-minute games, people can place bids and win in USDC on various assets.

YOLOREKT DApp

With the new YOLOREKT, there is a lot of opportunity for winning. Users have endless chances to wager on whether the Strike price will be higher or lower than the current value of assets like Bitcoin, Ethereum, MATIC, Doge, Tesla, Gamestop, and many more that are in the works, based on 3-minute rounds. Users will be able to bid as often as they want during any of the 3-minute games, even on games ten rounds away.

A $1+ QUADRILLION MARKET VALUE OPPORTUNITY

“Volumes in the traditional derivatives market are anywhere above $1+ Quadrillion as compared to the crypto derivatives volume, which stands at merely $32+ Trillion in 2021. We will be a catalyst to usher user’s demand for Web3 through our gamified approach to price action,” says Yogesh Srihari, Co-Founder at YOLOREKT.

Garen Vartanian, co-founder of YOLOREKT says: “Traditional options are complex, highly leveraged instruments, and hard for professional traders to understand, let alone retail traders.

“YOLOREKT’s focus on an amazing user experience—something sometimes under-emphasized in the industry—will hopefully propel more mainstream interest in speculating on and learning about cryptocurrency,” says Paul Veradittakit, Partner at Pantera Capital.

ABOUT YOLOREKT

YOLOREKT was chosen to be a part of the Coinlist Seed Spring Batch 2021 and completed its private round successfully last year with the help of renowned investors like Pantera Capital, Cluster Capital, LemisCap, Deep Ventures, Angel DAO, Kretos Ventures, and many other top-tier angel investors.

YOLOREKT hosted 30k whitelisted users during its Beta programme to test the software.

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