Press Release
PRICE RELEASE After having been live since 2020 in stealth mode and undergoing dramatic improvements and gameplay enhancements the ALL-NEW YOLOREKT now is LIVE. In 3-minute games, people can win USDC and bid on assets.
All-New YOLOREKT
The new YOLOREKT offers lots of entertainment and great potential to win. 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 like Ethereum, Bitcoin, MATIC, Doge, Tesla, Gamestop — with many more in the pipeline. Users will be able to bid as many times as they want to within any of the 3-minute games — even bid on games 10 rounds in the future.
OPPORTUNITY OF $1+ QUADRILLION MARKET VALUE –
Yogesh Srihari, Co-founder at YOLOREKT says “Volumes in the traditional derivatives market are anywhere above $1+ Quadrillion as compared to the crypto derivatives volume which stands at merely $32+ Trillion in 2021”
“We will be a catalyst to usher user’s demand in Web3 through our gamified approach to price action” adds Yogesh Srihari.
“Options are much more complex and hard 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 sometimes under-emphasized in the industry—will hopefully propel more mainstream interest in speculating on and learning about cryptocurrency”.
“YOLOREKT sits at the perfect intersection of these big-picture trends, which don’t show any sign of slowing down”, adds Paul Verdittakit.
YOLOREKT:
YOLOREKT was chosen as a part Coinlist Seed Batch 2020 and completed the private round with marquee investors including LemisCap, Cluster Capital and Deep Ventures.
During the Beta Program, YOLOREKT welcomed 30k users who were whitelisted to try out the product.
Keep up to date by signing up for the YOLOREKT Community:
Website | Twitter | Discord | Telegram | Zendesk
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