We are happy to reveal that the next project joining the Tenset Infinity Airdrops program is MyLottoCoin! They are joining the platform as a Silver sponsor.
MyLottoCoin is the world’s first fully autonomous blockchain solution to the lottery system. Their platform incorporates the elements of traditional lotteries into the security, reliability, transparency and performance of blockchain technology to provide a simplified and more efficient model for players.
Global lottery sales surpassed $400 billion in 2020, making it one of the most popular forms of gambling. MyLottoCoin has identified several flaws and inefficiencies in the traditional lottery system that are a hindrance to players. Traditional lotteries suffer from a labour-intensive system that requires much administrative work and manual checking to process tickets and rewards. This leads to increased costs that ultimately lowers the final payout to players.
MyLottoCoin has provided a solution to this through their autonomous blockchain technology. Based on the Binance Smart Chain, their system offers extremely low fees and fast transaction times, while benefiting from the transparency and open source nature that a decentralised platform provides. The efficiency of their smart contracts eliminates the need for human intervention and improves the entire lottery process for players.
This platform has no borders. No registrations or sign ups are required for users to participate, they simply need a binance smart chain compatible wallet, which offers a secure permissionless process to empower all players. Their blockchain solution reduces the running costs of lotteries resulting in higher payouts to players!
MyLottoCoin provides a unique play-to-earn and play-to-hold reward system. 10% of all ticket sales are paid to holders of their native token MYL. These rewards are airdropped quarterly in the form of BNB to holders with a minimum of 100 MYL in their wallet. In addition to this, players are incentivised to participate in lotteries as for each 5 tickets purchased, they will receive 10 MYL tokens.
MyLottoCoin token is a BEP20 token based on the Binance Smart Chain with a total supply of 100 million tokens. This is the native token to the lottery platform used to reward players.
They will be providing 500,000 tokens as a Silver sponsor of the Infinity platform. The airdrop of $MYL will be distributed over a period of 120 days to all investors who locked their 10set in Infinity.
MyLottoCoin official sources and social media:
Telegram Announcement channel: https://t.me/mylottocoin
Explainer video: https://www.youtube.com/watch?v=D9lpxmHWQEM&t=68s