As our project matures, the DAO governance model for YOLO token holders should advance to a state of self regulation. The DAO model provides the organizational structure needed to determine rules and regulations of the lottery. On a technical level, the YOLO token provides the utility to run our Proof-of-Randomness with a percentage of the lottery profits used as incentive for running the network.
Our ICO will seek to raise 10,000 ETH primarily to finance the initial jackpot, technology development and marketing costs. Our tokens (YOLO) will be issued at a rate of approximately 220,000 YOLO : 1 ETH, pegging each YOLO token at approximately $0.005.
The primary utility of YOLO tokens will be to run the lottery and for the distribution of funds to relevant stakeholders. YOLO token holders who have masternodes will be able to receive a percentage of all weekly ticket sales in return for running the lottery system.
The main focus of the UltraYOLO team is to ensure that this project becomes the largest global lottery in both user base and jackpot size. Current work is prioritized for user acquisition and technological advances. We also strive to provide consistent updates and plan to actively engage the community.
April 2017
May 2017
November 2017
December 2017
February 2018
March 2018
Quarter 2, 2018
June 2018
July 2018
Quarter 1, 2020
This offer is based solely on information provided by the offeror and other publicly available sources.
The token sale or exchange event is completely independent of ICOholder. ICOholder is not involved in any way, including technical support or promotion.
We list token sales from entities with which we have no relationship to help users track overall activity within the token sector. This information is not intended as advice, and you should seek professional or specialist guidance or conduct your own due diligence before making any decisions based on our content.
Any terms and conditions regarding token acquisition are solely between contributors and the token issuer. ICOholder is not the seller of these tokens.
ICOholder is not legally responsible for any representations made by third parties about any token sale. Any claims for breach of contract must be directed against the listed token issuing entity.
If you have concerns about the nature, legality, or propriety of a token sale or the involved individuals, please contact info@icoholder.com with detailed information.