YOLOrekt January 2022 Updates

YOLO team
YOLOrekt
Published in
5 min readJan 28, 2022

The YOLO Production Release is Coming Soon

Since our Beta launch last year, each member of the team has been working like 60 hours a day; constantly improving, adding new features, fine-tuning, testing — and re-testing.

Currently, we are in the final stages of development and moving ever so much closer to the official launch of our YOLO dApp.

Mobile App UI/UX Gallery & Preview

After nearly a year of development, testing, and careful hand-crafted design, we’re happy to finally show off our highly-anticipated Mobile UI for our upcoming production launch of the YOLOrekt DeFi App. Needless to say, achieving this milestone is a big step forward for the team, but it’s particularly exciting because of our relentless pursuit of not only the optimal mobile experience but an amazing experience no matter what screen you’re using. In fact, one of our design/development goals was to give the Mobile experience priority over the Desktop. As our Desktop UI preview will come in a few weeks, we wanted to take this opportunity here to focus on the mobile experience as a function of the new user interface.

We start with an Onboarding Tour that quickly and easily walks you through how to begin by connecting your Wallet, selecting a game, outlining guidance for making bids, etc., moving to a visually compelling live round of bidding.

We’re also showing off various transitional UI elements, illustrating flow from one round to the next, as well as an exciting Winner’s screen.

As a lot of design and development teams set out to offer a completely unique mobile experience to the desktop, we felt that it wasn’t as simple as designing something for the Desktop and then trying to make it fit into a tiny screen. So we designed both versions at once — but still focusing on maximizing the mobile device experience.

Our efforts to produce a feature-rich product also presented new challenges for mobile resolution. For example, our dApp ecosystem uses a spanning UI that displays visually-rich gameplay, social interaction, as well as a panel of comprehensive real-time bidding blocks — not to mention a unique game navigation UI that we call the “round carousel”, which allows the selection of any game round, at a range of time durations, and for a number of assets such as Ethereum, Tesla, Doge, and more. This entire experience offers a continuum of gameplay for resolutions from 370px to 3840px, and beyond.

We’ve applied our carefully-tailored design and visual experience to our YOLO Wallet as well as our new Liquidity Dashboard (still in Alpha).

What’s next? Well, there’s more designing, perfecting, and testing to be done but we’re so very excited to share with you our first major release. Stay tuned!

Upcoming Incentives for Bidders

At YOLOrekt, we value early adopters and bidders that contribute to the significant growth of the ecosystem. As a result, we have decided to reward bidders with a healthy allocation of YOLO! In addition to YOLO rewards, bidders who increase their number of bids over time and keep returning to YOLOrekt will achieve a better fee reduction per game. Bidders can level up by acquiring the next ranking NFT (series listed below). Eligibility for leveling up to the next ranking NFT color for higher rewards and better fee reduction is weighted based on the number of bids and the bid amounts.

The following table roughly describes the initial bidder's incentives and reward structure, which may see minor adjustments in the best interest of the platform and token holders.

All of the bidder’s statistics are tracked by YOLOrekt’s built-in NFT tracker. The YOLO team is also building a unique bidder’s dashboard where users can claim their multi-leveled NFTs and track their personal statistics, bids, cumulative fees reductions, along with winnings and losses.

The Latest on LP Rewards

YOLOrekt has always considered potential YOLO LPs as the core of YOLO’s game engine. LPs have significant reward allocations that will decay in multiple phases over multiple years. LPs will make at least 3% fees per game along with allocated rewards. Further details of reward distribution and allocation will be available in future articles as we get closer to the production launch.

When is the Next NFT Drop?

The YOLO team will be unlocking BetaYOLO access for the next set of users in the upcoming weeks. Make sure to follow our channels for the latest updates on NFT drops at Twitter, Discord, and Telegram.

As a reminder, BetaYOLO-access NFTs are now claimable on the YOLOrekt website for eligible Beta users. After the user has claimed their YOLO NFT, (BYOLO) will be airdropped to the user’s wallet so that the Beta can be played.

We’ll be running contests and will be posting constant daily updates, so make sure to follow our social channels.

Twitter | Telegram | Discord | Website | Zendesk

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.

Check out our new landing page at yolorekt.finance

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YOLO team
YOLOrekt

YOLOREKT is a social, hyper-gamified approach to short-term prediction markets. Provide in-game liquidity or predict the future price of ETH, BTC, MATIC, & more