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MemeLotto is revolutionizing the lottery experience with a user-friendly platform built on blockchain technology. The MemeLotto project opens its doors through the robust and user-friendly MemeLotto wallet, available across diverse platforms (iOS, Android, Windows, Mac).
Empowering Players through Transparency
Centralized and opaque systems are a thing of the past. MemeLotto leverages the secure RANDAO protocol to ensure verifiable random number generation for every game draw. Players can participate in a secure and transparent environment, with the guarantee that every draw is fair.
Key Features
- Seamless Ticket Purchase: Easily purchase tickets through the user-friendly MemeLotto wallet, available across diverse platforms (iOS, Android, Windows, Mac).
- Future-Proof Transactions: Enjoy the flexibility of in-wallet cryptocurrency exchange (coming soon).
- Community-Driven Participation: Securely establish your identity for responsible gameplay through a KYC verification process.
- Automated and Secure Processes: All rules are transparently encoded and enforced by smart contracts, eliminating human error and manipulation.
Decentralized and Trustworthy RANDAO
Sustainable Revenue Distribution
MemeLotto adheres to a balanced approach, allocating ticket sales to a predefined pool for prizes, smart contract commissions, token holder royalties, and operational costs. The long-term goal is to allocate 85% of revenue to the prize pool and reduce operational costs to less than 10%.
| Initial | Scaled | |
| Pool Prize | 70-79% | 85% |
| Smart Contract Commissions | 1-10% | 1-10% |
| Memelotto Token Holder Royalties | 5% | 5% |
| MemeLotto Operations Cost | 15% | 10% |
A Five-Tier Reward Structure caters to various player preferences and encourages participation across different investment levels, fostering an exciting and inclusive lottery experience.
Led by an Experienced Team Led by an Experienced Team
MemeLotto is led by a team of blockchain enthusiasts and game experts with a proven track record in building secure and innovative platforms.
For example, The CEO, has over 10 years of experience in online gaming and security, while the CTO is a renowned blockchain developer with a deep understanding of smart contracts and decentralized applications.
MemeLotto is committed to building a sustainable and engaging ecosystem powered by decentralized participation, transparent revenue distribution, and an exciting prize structure.
Safe and Secure
Community-Driven Participation:
Securely establish your identity through the KYC verification process for responsible gameplay.
Automated and Secure Processes:
All rules and procedures are transparently encoded and enforced by smart contract governance.
TOKENOMIC
The MemeLotto has 2 token:
The MemeLotto Utility Token (MUT)
– MUT as a reward and entry point for Bounty Participants
– MUT serves as the utility token that fuels decentralized participation and reinforces platform security within the MemeLotto ecosystem.
Distribution:
No Token Sale: Unlike traditional methods, MUT will not be available for direct purchase. Instead, tokens will be distributed through various initiatives:
- Game Mining
- Token Distribution Events
- MemeLotto Membership Program:
- Early Supporter Airdrops.
The MemeLotto Royalty Token (MRT)
Role:
MRT functions as the MemeLotto ecosystem’s royalty token, enabling token holders to share in the platform’s success.
MRT is an BEP20/ KYC token. This means that the token can only be transferred from verified users. Verified users have to be verified by the MemeLotto PLC.
The MemeLotto wallet will serve as a port of entry for this KYC procedure. 120 billion tokens
Currently distributed:
10% distributed to early supporters (already distributed)
3% MemeLotto PLC – Locked and held by MemeLotto PLC:
2% (locked for 12 months)
25% (locked for 30months)
60% (long-term lock)
4.4 Issuance and Token Allocation
MUT is issued by the MemeLotto as an BEP20 Binance Smart Chain based token, and unlike many new utility tokens, will not be distributed during a token sale.
Instead, there will be a token generation event, during which tokens will be distributed in the following manner:
MUT
TOKEN NAME: MEMELOTTO
TOKEN SYMBOL: MUT
MAX SUPPLY: 1B
CONTRACT ADDRESS (BSC): 0x873DEb87B256134C64AF78F1c7C6Dadac4D3a715
Our Roadmap:
For more information about MemeLotto and its innovative platform, visit:
Website: https://memelotto.io/
Whitepaper: https://memelotto.io/white-paper
Twitter: https://twitter.com/MemeLotto_
Facebook: https://www.facebook.com/memelotto
Instagram: https://www.instagram.com/memelott_official/
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