![\"\"](\"https:\/\/coinwire.com\/wp-content\/uploads\/2024\/03\/image-22.png\" "\\"\\"")
<\/figure>\n\n\n\n<\/span>Decentralized and Trustworthy RANDAO<\/span><\/h2>\n\n\n\nCentralized and opaque systems are a thing of the past. MemeLotto leverages the revolutionary RANDAO protocol (DAO) to guarantee verifiable and transparent random number generation for every lottery draw.<\/p>\n\n\n\n
The Core Principles of MemeLotto: <\/strong><\/p>\n\n\n\n\n- Community-Driven Participation:<\/li>\n<\/ul>\n\n\n\n
\n- Securely establish your identity through the KYC verification process<\/a> for responsible gameplay. <\/li>\n<\/ul>\n\n\n\n
\n- Automated and Secure Processes: all rules and procedures are transparently encoded and enforced by smart contract governance.<\/li>\n<\/ul>\n\n\n\n
MemeLotto adheres to a transparent and balanced approach to revenue distribution. Ticket sales contribute to a predefined pool allocated as follows:<\/p>\n\n\n\n
\n- Prize Pool (70-79%): <\/li>\n<\/ul>\n\n\n\n
\n- Smart Contract Commissions (1-10%)<\/li>\n<\/ul>\n\n\n\n
\n- MemeLotto Token Holder Royalties (5%)<\/li>\n<\/ul>\n\n\n\n
\n- MemeLotto Operational Costs (Up to 15%)<\/li>\n<\/ul>\n\n\n\n
The team strives towards two long-term goals for revenue distribution:<\/p>\n\n\n\n
\n- 85% of revenue allocated to the prize pool<\/li>\n<\/ul>\n\n\n\n
\n- Operational costs reduced to less than 10% of revenue<\/li>\n<\/ul>\n\n\n\n
With Five Tiers for Diverse Rewards fosters excitement, caters to various player preferences, and encourages participation across different levels of investment <\/p>\n\n\n\n
By implementing these features, MemeLotto fosters a sustainable and engaging lottery ecosystem, powered by decentralized participation, transparent revenue distribution, and an exciting prize structure.<\/p>\n\n\n\n
<\/span>Tokenomics of MemeLotto<\/span><\/h2>\n\n\n\nThe MemeLotto has 2 token:<\/p>\n\n\n\n
MemeLotto Utility Token (MUT)<\/strong><\/p>\n\n\n\n– MUT as a reward and entry point for Bounty Participants<\/p>\n\n\n\n
– MUT serves as the utility token that fuels decentralized participation and reinforces platform security within the MemeLotto ecosystem.<\/p>\n\n\n\n
Distribution:<\/p>\n\n\n\n
\n- No Token Sale: Unlike traditional methods, MUT will not be available for direct purchase. Instead, tokens will be distributed through various initiatives:<\/li>\n<\/ul>\n\n\n\n
\n- Lottery Mining<\/li>\n<\/ul>\n\n\n\n
\n- Token Distribution Events<\/li>\n<\/ul>\n\n\n\n
MemeLotto Membership Program:<\/p>\n\n\n\n
\n- Early Supporter Airdrops.<\/li>\n<\/ul>\n\n\n\n
MemeLotto Royalty Token (MRT)<\/strong><\/p>\n\n\n\nRole:<\/p>\n\n\n\n
MRT functions as the MemeLotto ecosystem’s royalty token, enabling token holders to share in the platform’s success.<\/p>\n\n\n\n
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.<\/p>\n\n\n\n
The MemeLotto wallet will serve as a port of entry for this KYC procedure. 120 billion tokens<\/p>\n\n\n\n
Currently distributed:<\/p>\n\n\n\n
\n- 10% distributed to early supporters (already distributed) <\/li>\n<\/ul>\n\n\n\n
\n- 3% MemeLotto PLC – Locked and held by MemeLotto PLC:<\/li>\n<\/ul>\n\n\n\n
\n- 2% (locked for 12 months)<\/li>\n<\/ul>\n\n\n\n
\n- 25% (locked for 30months)<\/li>\n<\/ul>\n\n\n\n
\n- 60% (long-term lock)<\/li>\n<\/ul>\n\n\n\n
Issuance and Token Allocation of MemeLotto<\/h3>\n\n\n\n
MUT is issued by the MemeLotto as an BEP20 Binance Smart Chain<\/a> based token, and unlike many new utility tokens, will not be distributed during a token sale.<\/p>\n\n\n\nInstead, there will be a token generation event, during which tokens will be distributed in the following manner: <\/p>\n\n\n\n
Token Overview:<\/strong><\/p>\n\n\n\nTOKEN NAME: MEMELOTTO<\/strong><\/p>\n\n\n\nTOKEN SYMBOL: MUT<\/strong><\/p>\n\n\n\nMAX SUPPLY: 1B<\/strong><\/p>\n\n\n\nCONTRACT ADDRESS (BSC): 0x873DEb87B256134C64AF78F1c7C6Dadac4D3a715<\/strong><\/p>\n\n\n\n![\"\"](\"https:\/\/coinwire.com\/wp-content\/uploads\/2024\/03\/image-25.png\" "\\"\\"")
<\/figure>\n\n\n\nRoadmap:<\/p>\n\n\n\n![\"\"](\"https:\/\/coinwire.com\/wp-content\/uploads\/2024\/03\/image-24.png\" "\\"\\"")
<\/figure>\n\n\n\nFor more information about MemeLotto and its innovative lottery platform, visit:<\/p>\n\n\n\n
Website: https:\/\/memelotto.io\/<\/a><\/p>\n\n\n\nWhitepaper: https:\/\/memelotto.io\/white-paper<\/a><\/p>\n\n\n\nTwitter: https:\/\/twitter.com\/MemeLotto_<\/a><\/p>\n\n\n\nFacebook: https:\/\/www.facebook.com\/memelotto<\/a><\/p>\n\n\n\nInstagram: https:\/\/www.instagram.com\/memelott_official\/<\/a><\/p>\n\n\n\n<\/span>Disclaimer<\/span><\/h2>\n\n\n\nOpinions stated on CoinWire.com<\/a> do not constitute investment advice. Before making any high-risk investments in cryptocurrency, or digital assets, investors should conduct extensive research. Please be aware that any transfers and transactions are entirely at your own risk, and any losses you may experience are entirely your own. CoinWire.com<\/a> does not encourage the purchase or sale of any cryptocurrencies or digital assets, and it is not an investment advisor. Please be aware that CoinWire.com<\/a> engages in affiliate marketing.<\/p>\n","protected":false},"excerpt":{"rendered":"The MemeLotto project opens its doors through the robust and user-friendly MemeLotto wallet, available across diverse platforms (iOS, Android, Windows, Mac). This multi-faceted wallet serves as your gateway to an […]<\/p>\n","protected":false},"author":13,"featured_media":54976,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31,163],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/posts\/54975"}],"collection":[{"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/comments?post=54975"}],"version-history":[{"count":4,"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/posts\/54975\/revisions"}],"predecessor-version":[{"id":55182,"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/posts\/54975\/revisions\/55182"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/media\/54976"}],"wp:attachment":[{"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/media?parent=54975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/categories?post=54975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/tags?post=54975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
- \n
- Community-Driven Participation:<\/li>\n<\/ul>\n\n\n\n
- \n
- Securely establish your identity through the KYC verification process<\/a> for responsible gameplay. <\/li>\n<\/ul>\n\n\n\n
- \n
- Automated and Secure Processes: all rules and procedures are transparently encoded and enforced by smart contract governance.<\/li>\n<\/ul>\n\n\n\n
MemeLotto adheres to a transparent and balanced approach to revenue distribution. Ticket sales contribute to a predefined pool allocated as follows:<\/p>\n\n\n\n
- \n
- Prize Pool (70-79%): <\/li>\n<\/ul>\n\n\n\n
- \n
- Smart Contract Commissions (1-10%)<\/li>\n<\/ul>\n\n\n\n
- \n
- MemeLotto Token Holder Royalties (5%)<\/li>\n<\/ul>\n\n\n\n
- \n
- MemeLotto Operational Costs (Up to 15%)<\/li>\n<\/ul>\n\n\n\n
The team strives towards two long-term goals for revenue distribution:<\/p>\n\n\n\n
- \n
- 85% of revenue allocated to the prize pool<\/li>\n<\/ul>\n\n\n\n
- \n
- Operational costs reduced to less than 10% of revenue<\/li>\n<\/ul>\n\n\n\n
With Five Tiers for Diverse Rewards fosters excitement, caters to various player preferences, and encourages participation across different levels of investment <\/p>\n\n\n\n
By implementing these features, MemeLotto fosters a sustainable and engaging lottery ecosystem, powered by decentralized participation, transparent revenue distribution, and an exciting prize structure.<\/p>\n\n\n\n
<\/span>Tokenomics of MemeLotto<\/span><\/h2>\n\n\n\n
The MemeLotto has 2 token:<\/p>\n\n\n\n
MemeLotto Utility Token (MUT)<\/strong><\/p>\n\n\n\n
– MUT as a reward and entry point for Bounty Participants<\/p>\n\n\n\n
– MUT serves as the utility token that fuels decentralized participation and reinforces platform security within the MemeLotto ecosystem.<\/p>\n\n\n\n
Distribution:<\/p>\n\n\n\n
- \n
- No Token Sale: Unlike traditional methods, MUT will not be available for direct purchase. Instead, tokens will be distributed through various initiatives:<\/li>\n<\/ul>\n\n\n\n
- \n
- Lottery Mining<\/li>\n<\/ul>\n\n\n\n
- \n
- Token Distribution Events<\/li>\n<\/ul>\n\n\n\n
MemeLotto Membership Program:<\/p>\n\n\n\n
- \n
- Early Supporter Airdrops.<\/li>\n<\/ul>\n\n\n\n
MemeLotto Royalty Token (MRT)<\/strong><\/p>\n\n\n\n
Role:<\/p>\n\n\n\n
MRT functions as the MemeLotto ecosystem’s royalty token, enabling token holders to share in the platform’s success.<\/p>\n\n\n\n
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.<\/p>\n\n\n\n
The MemeLotto wallet will serve as a port of entry for this KYC procedure. 120 billion tokens<\/p>\n\n\n\n
Currently distributed:<\/p>\n\n\n\n
- \n
- 10% distributed to early supporters (already distributed) <\/li>\n<\/ul>\n\n\n\n
- \n
- 3% MemeLotto PLC – Locked and held by MemeLotto PLC:<\/li>\n<\/ul>\n\n\n\n
- \n
- 2% (locked for 12 months)<\/li>\n<\/ul>\n\n\n\n
- \n
- 25% (locked for 30months)<\/li>\n<\/ul>\n\n\n\n
- \n
- 60% (long-term lock)<\/li>\n<\/ul>\n\n\n\n
Issuance and Token Allocation of MemeLotto<\/h3>\n\n\n\n
MUT is issued by the MemeLotto as an BEP20 Binance Smart Chain<\/a> based token, and unlike many new utility tokens, will not be distributed during a token sale.<\/p>\n\n\n\n
Instead, there will be a token generation event, during which tokens will be distributed in the following manner: <\/p>\n\n\n\n
Token Overview:<\/strong><\/p>\n\n\n\n
TOKEN NAME: MEMELOTTO<\/strong><\/p>\n\n\n\n
TOKEN SYMBOL: MUT<\/strong><\/p>\n\n\n\n
MAX SUPPLY: 1B<\/strong><\/p>\n\n\n\n
CONTRACT ADDRESS (BSC): 0x873DEb87B256134C64AF78F1c7C6Dadac4D3a715<\/strong><\/p>\n\n\n\n
<\/figure>\n\n\n\nRoadmap:<\/p>\n\n\n\n
<\/figure>\n\n\n\nFor more information about MemeLotto and its innovative lottery platform, visit:<\/p>\n\n\n\n
Website: https:\/\/memelotto.io\/<\/a><\/p>\n\n\n\n
Whitepaper: https:\/\/memelotto.io\/white-paper<\/a><\/p>\n\n\n\n
Twitter: https:\/\/twitter.com\/MemeLotto_<\/a><\/p>\n\n\n\n
Facebook: https:\/\/www.facebook.com\/memelotto<\/a><\/p>\n\n\n\n
Instagram: https:\/\/www.instagram.com\/memelott_official\/<\/a><\/p>\n\n\n\n
<\/span>Disclaimer<\/span><\/h2>\n\n\n\n
Opinions stated on CoinWire.com<\/a> do not constitute investment advice. Before making any high-risk investments in cryptocurrency, or digital assets, investors should conduct extensive research. Please be aware that any transfers and transactions are entirely at your own risk, and any losses you may experience are entirely your own. CoinWire.com<\/a> does not encourage the purchase or sale of any cryptocurrencies or digital assets, and it is not an investment advisor. Please be aware that CoinWire.com<\/a> engages in affiliate marketing.<\/p>\n","protected":false},"excerpt":{"rendered":"
The MemeLotto project opens its doors through the robust and user-friendly MemeLotto wallet, available across diverse platforms (iOS, Android, Windows, Mac). This multi-faceted wallet serves as your gateway to an […]<\/p>\n","protected":false},"author":13,"featured_media":54976,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31,163],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/posts\/54975"}],"collection":[{"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/comments?post=54975"}],"version-history":[{"count":4,"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/posts\/54975\/revisions"}],"predecessor-version":[{"id":55182,"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/posts\/54975\/revisions\/55182"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/media\/54976"}],"wp:attachment":[{"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/media?parent=54975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/categories?post=54975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/tags?post=54975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
- 60% (long-term lock)<\/li>\n<\/ul>\n\n\n\n
- 25% (locked for 30months)<\/li>\n<\/ul>\n\n\n\n
- 2% (locked for 12 months)<\/li>\n<\/ul>\n\n\n\n
- 3% MemeLotto PLC – Locked and held by MemeLotto PLC:<\/li>\n<\/ul>\n\n\n\n
- 10% distributed to early supporters (already distributed) <\/li>\n<\/ul>\n\n\n\n
- Early Supporter Airdrops.<\/li>\n<\/ul>\n\n\n\n
- Token Distribution Events<\/li>\n<\/ul>\n\n\n\n
- Lottery Mining<\/li>\n<\/ul>\n\n\n\n
- No Token Sale: Unlike traditional methods, MUT will not be available for direct purchase. Instead, tokens will be distributed through various initiatives:<\/li>\n<\/ul>\n\n\n\n
- Operational costs reduced to less than 10% of revenue<\/li>\n<\/ul>\n\n\n\n
- 85% of revenue allocated to the prize pool<\/li>\n<\/ul>\n\n\n\n
- MemeLotto Operational Costs (Up to 15%)<\/li>\n<\/ul>\n\n\n\n
- MemeLotto Token Holder Royalties (5%)<\/li>\n<\/ul>\n\n\n\n
- Smart Contract Commissions (1-10%)<\/li>\n<\/ul>\n\n\n\n
- Prize Pool (70-79%): <\/li>\n<\/ul>\n\n\n\n
- Automated and Secure Processes: all rules and procedures are transparently encoded and enforced by smart contract governance.<\/li>\n<\/ul>\n\n\n\n
- Securely establish your identity through the KYC verification process<\/a> for responsible gameplay. <\/li>\n<\/ul>\n\n\n\n