Project is built as a decentralized autonomous organization and doesn’t aim to monetize operational activities.
The project team is incentivized by LOTT tokens allocation that will be unlocked 1.5 years after the start of the project. The tournament and protocol fees (liquidity pool exchange, staking, lending) will be charged to cover the operational and development costs of the project.
LOTTRADE (LOT) represents gamification and popularization of crypto trading through regular tournaments, battles and challenges with the goal of being the best trader in the world. Customize tournaments and Win Big Prize Pools. Betting for gamblers. NFTs as winners’ reward and authorization access:
-Professional LOTTRADE of Cryptocurrency Traders/Gamers;
-Official Ranking of the World’s Best Traders/Gamers.
TOTAL ADDRESSABLE MARKET:
79 000 000+ active crypto traders competing in professional skills, promoting themselves to investors and increasing their income* (*accordingly DataLight.com).
300+ cryptocurrency exchanges which demonstrate their capabilities, (extend/increase) customer base, sponsor and organize tournaments * (* - accordingly CoinMarketCap.com).
50 000+ cryptocurrency service providers which promote themselves, increase their recognition, and attract new customers* (*- accordingly Chappuishalder.com).
Architecture and LOT Tokens:
The League's decentralized and distributed architecture is build on Binance Smart Chain. LOTT is a BEP-20 utility and management token limited to 100Mn units.
LOTT Utility:
-By Users: Play in tournaments, govern the platform, get access levels and privilages, mint unique NFTs and receive staking rewards.
-By Sponsors; Tournament branding and advertising nd promotion of productsand services.
-By Partners: Create privately branded tournaments by depositing LOTT tokens and receive staking rewards.