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PRESS RELEASE. After being in stealth mode since 2020 and undergoing drastic improvements and gameplay improvements, the BRAND NEW YOLOREKT is now LIVE. People can bid and win in USDC on various assets during 3-minute games.
THE BRAND NEW YOLOREKT
The new YOLOREKT means a lot of fun and a lot of winning potential. Based on 3-minute rounds, users have an infinite number of chances to bid on whether the strike price will be above – or below – the actual price of assets such as Ethereum, Bitcoin, MATIC, Doge, Tesla, Gamestop – with many more in the pipeline. Users will be able to bid as many times as they want on one of the 3-minute games – even bidding on bets 10 rounds into the future.
$1+ QUADRILLLION MARKET VALUE OPPORTUNITY –
Yogesh Srihari, Co-Founder of YOLOREKT says “The volume in the traditional derivatives market is anywhere over $1+ Quadrillion compared to the crypto derivatives volume which is only $32+ Trillion in 2021”
“We want to be a catalyst for addressing user demand in Web3 through our gamified approach to price action,” adds Yogesh Srihari.
“Alternatives are much more complex and difficult for retail traders to understand,” says Garen Vartanian, co-founder of YOLOREKT.
Paul Veradittakit, partner at Pantera Capital says, “YOLOREKT’s focus on an amazing user experience – something that is sometimes under-developed in the industry – will hopefully drive more mainstream interest in speculating and learning about cryptocurrency”.
“YOLOREKT sits at the perfect intersection of these big picture trends, which show no sign of abating”, adds Paul Verdittakit.
ABOUT YOLOREKT:
YOLOREKT was selected as part of the Coinlist Seed Spring Batch 2021 and completed its private round last year from marquee investors such as Pantera Capital, Cluster Capital, LemisCap, Deep Ventures, Angel DAO, Kretos Ventures and many other top tier angel investors.
During its beta program, YOLOREKT hosted 30,000 whitelisted users to test the product.
Stay updated by joining the YOLOREKT community:
Website | Twitter | Disagreement | Telegram | Zendesk
This is a press release. Readers should do their own due diligence before taking any action related to the Promoted Company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
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