Can’t Stop, Won’t Stop: YOLOrekt Beta Is on Its Way
Despite some inevitable bumps in the road, YOLOrekt’s future is looking bright. Once again, we want to thank your community for their support and patience. Without you, none of this would be possible, and we look forward to making YOLOrekt a success together.
Product Updates & NFTs
We’re keeping our heads down and our eyes on the prize… two prizes, to be exact: building the best game to bid on the future price of any asset and ensuring a secure and optimized, decentralized in-game liquidity pooling.
We are happy to report that we will be releasing a closed beta version of our product soon, for which we will be sending out NFTs to all the issuance participants and community participants. These NFTs will enable them to access the beta.
The YOLOrekt beta will be running on the polygon mainchain, and feature a number of cool and intuitive functionalities. For starters, users can bid 24/7 on assets such as ETH and USD. A new game will begin every 4 minutes, and YOLOrekt will have simulated automated liquidity balanced in-game. Furthermore, all winner/loser announcements and live bets will take place in real-time.
Beta User Benefits
By participating in the closed beta, participants, based off their participation will be rewarded in YOLO as soon as the product goes live. We will be giving out 500,000 YOLO (approximately $20,000 USD) to reward beta users for their participation and helping us debug, test and play YOLOrekt.
Join the YOLOrekt team
Requirements: A hefty amount of experience under your belt and an obsession for DeFi and cutting-edge smart contract implementations is a must.
Profile: Do you spend your free time brainstorming how to best incorporate a functioning DAO incentivized and driven by real community participation? Have you worked on L2 solutions, like Polygon sidechain, and other supplemental networks like Solana? Are you passionate about improving Ethereum usability, e.g., meta transactions and proxies? If you want to build a DeFi contract architecture that handles thousands worth of ether, YOLOrekt is the place for you.
Team: You’ll work with two advanced contract devs who comprise the core team.
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Quant or Actuarian for Market-Making/Liquidity Balancing/Sportsbook Modeling
Requirements: You’ve worked on market-making simulations or sportsbooks.
Profile: Does your vocabulary include words like DEFI, risk management, arbitrage, and hedging? Liquidity providing (LP) is a major component in our game mechanics. There are at least two sides to bids, and LP pool capital has to be carefully balanced in each 4–10 minute price prediction game. Are you up for the job?
Team: You will be working with both our applied mathematician and (PhD’ed) cofounder to design and backtest models.
More to come
Things are picking up speed at YOLOrekt, and we can’t wait for our community to experience everything we’ve been working on. That’s all for now, but rest assured there is so much more to come.
About YOLOrekt
YOLOrekt is building a comprehensive short-term prediction platform for crypto, stocks, and more. YOLO is a social and fun way to bid on the future price of an asset. Provide in-game liquidity to earn game fees and YOLO rewards. Here’s our Twitter, Telegram, and Website:
