I. What is Tyche?
TycheLoto is a platform that helps businesses, organizations, or individuals with capital associated with businesses with a community to open blockchain lottery tickets.
Lottery prizes are very diverse, can customize winning conditions, ticket prices, and commission rates for agents.
There are 4 main audiences that will participate in the platform including:
1. Representative organization to open lottery tickets
2. Agents selling lottery tickets
3. Lottery ticket buyers
4. Admin manages the platform, in charge of guiding, supporting how to use, and fixing errors that may occur.
A Lottery Prize will start with that Representative transferring a certain amount into a predefined smart contract that can only be drawn by the owner of the prize when the lottery round ends or closes. During the sale of lottery tickets time, the amount entered into the contract will be locked. At the end of the lotto spin process, the owner of the winning lottery tickets will check the ticket results directly on the smart contract and receive the prize anonymously.
All processes from opening lottery tickets, selling tickets, lotto spins are conducted entirely on the blockchain ensuring perfect transparency and fairness for all parties involved.
II. Tyche’s five-year vision
1. Tycheloto 5-year development goal
- 2021. Complete features and business information, 200 thousand of active members
- 2022. Successfully raised 5 million USD, 100 lottery ticket agents. Average monthly revenue of 3.6 million USD per month, 43.2 million USD per year. The number of members is 1 million members. Token price is from 0.1 to 0.3$
- 2023. 1500 agents, monthly revenue of 50 million dollars. $600 million annually. Monthly active members are 5 million people. Established Lottery Millionaire Club. 10 to 25 jackpots appear every year. Upgrade the base Jackpot to $10 million. At least one $500 million jackpot prize will appear. The token price is from 0.5 to 2$.
- 2024. 6000 agents, monthly revenue of 200 million dollars. $2.4 billion annually. There are 10 million monthly active members. The Millionaire Club has 50 people. The base jackpot is up to $50 million. Looking for a $1 billion prize. The token price is from 3 to 5$.
- 2025. 20,000 agents. Monthly revenue 600 million USD, 7.2 billion USD annually, active members 25 million people per month. One Jackpot base prize of 300 million dollars. Token price of 10$.
- 2026. 50,000 agents. Monthly revenue of 1.25 billion USD, 15 billion USD annually, active members of 50 million people per month. One Jackpot base prize of 1 billion dollars. The token price is from 25 to 100$. Over 100 people in the list of loto millionaires and 100 millionaires hold Tyche tokens
2. Spreadsheet
Example: After 5 years the token price is $25, with a total circulating supply of 900 million tokens. The market capitalization will fall to around $22.5 billion.
If the price reaches $50, the market capitalization will reach $45 billion.
The price reached 100 USD with a market capitalization of 90 billion USD.
While the market can trend up and BTC reach over 150k USD, the price of Tyche token may also fall to 150 to 300 USD when Tyche successfully fulfills its annual targets. At this time, the market capitalization will be about 140 to 270 billion USD.
III. Tyche’s Ecosystem
1. Tyche Lottery Ticket
Tycheloto will provide a lottery ticket generation platform for anyone who wants to organize a Blockchain lottery ticket prize.
Tyche is based on Chainlink’s Verifiable Random lottery ticket generator by integrating the decentralized Oracle network. This helps Tyche lottery tickets be transparent, clear.. completely free of fraud between lottery organizers and participants buying lottery tickets. No one can interfere or adjust the outcome of the prize.
The Tyche lottery ticket itself is an NFT. You can buy multiple tickets with the same wallet and donate to other wallets.
2. Crypto Mining Game
This is the original game based on the old Gold Miner Game and personified by Tyche and applied Blockchain to Game Play To Earn.
Gamers can dig and pick up Crypto items such as BTC, BNB, ETH… each item will be assigned a changeable value. Help players not get bored, have income from the things that they pick up. The game will also be consulted and upgraded to many versions, many attractive prizes for players.
3. Tyche Metaverse
Tyche Metaverse is an independent virtual world environment that helps anyone who enters Tyche’s virtual space to go where you want to go.
Tyche will create thousands of virtual models that you just need to control with your voice or facial expressions and will be taken to the right space you want.
Anyone can put one or more spaces they create on Tyche’s platform for everyone to enjoy and can sell to anyone who wants to buy.
By linking with partners and other games, Tyche’s ecosystem itself will be present in the metaverse to be able to create a parallel world with full categories like the real world.
4. Tyche Staking
Staking will be opened with APY up to 900% per year, Staking time from 30 days to 10 years.
In addition to profits in Tyche tokens, NFTs used in the ecosystem, staking users also receive 19% of the platform’s lottery ticket sales…
5. Tyche Swap Defi
Tyche’s platform for the future will grow very strongly and the membership system can reach tens of millions of people. The swap was born to support its own members to swap NFT tokens with the cheapest and fastest fees.
6. Tyche Ventures
Tyche will soon set up an investment fund to support members and other founding organizations to create new technology platforms, supporting ecosystems to join with the future of the metaverse.
Some of the portfolios that Tyche will invest in are as follows:
- Tyche Staking
- Tyche Defi
- Tyche NFT
- Tyche Metaverse
- Tyche Swap
- Tyche Smart contract Plastform
- Tyche Wallet
- Tyche Farming
- Tyche Exchange
IV. Info token
· Total supply : 900.000.000 tokens
· Seed Round : 6% : 54.000.000 price 0.0079$ = $426.600. 12 Months Vesting, Issue 5% at TGE. Then unlock at a certain rate every month is 5%
· Angel 8% : 72.000.000 price 0.0099 = $712.800. 9 Months Vesting. Issue 5% at TGE then unlock at certain rate every month is 5%
· Pre-sale 15% : 135.000.000 price $0.029 = $3.915.000. 8 Months Vesting. Issue 10% at TGE then unlock at a certain rate every month is 5%
· Public sale IEO 3% : 27.000.000 price $0.039 = $783.000 25% unlocked at TGE and the rest in 3 months started at TGE + 1
· Team dev 15% : 135.000.000 for 2-year course. After 24 months unlock every quarter is 5%
· Advisors 5% : 45.000.000 for 18-months course. After 18 months unlock 5% per month equivalent to 20 months
· Marketing 10% : 90.000.000
· Ecosystem 25% : 225.000.000
· Bounty 0.1% : 900.000
· Staking 12.9% : 116.100.000
· Basic circulation 6.1% : 54.900.000
· Marketcap : $2.141.000
V. Roadmap Tyche
3/2021 build lottery ticket platform feature
7/2021 building a perfect image of Lottery website
11/2021 Airdrop on CMC, Bicointalk, Twitter
11/2021, Seed funding, Angel, launching Blockchain Lottery Tickets
12/2022 Listing CMC and Coingecko
12/2021, Crowdfunding,
1/2022, List Pancake, exchange, Game Play to earn release.
2/2022, Staking
3/2022. Tyche Ventures, Swap Defi
Q1/2023. Upgrade Tyche pro, Metaverse NFT, Chain Tyche
VI. Tyche Smart Contracts
Tyche Manager Contract
a. Smart contract controls Tyche Lottery’s lottery operation procedures. The smart contract is the backbone of the entire system. Has the following features:
i. Open Lottery: open lottery ticket prize
ii. Close Lottery: close the lottery that hasn’t started yet
iii. Buy Lottery Ticket: buy a ticket of any lottery prize
iv. Draw Lottery Number: lotto spin, 1 number for each spin time until the end
v. Conclude Lottery: end of a lottery prize, prize money summaries, commissions
vi. ClaimTicketReward: get rewarded
vii. ClaimVendorCommission: commission agent
Tyche Lottery Contract
Smart contract stores lottery ticket rotation as NFT. In essence, 1 lottery ticket rotation can be exchanged or bought and sold on any NFT exchanges. The owner of the lottery ticket rotation will become the lottery owner and have the rights of the owner (close the rotation, dial, end the spin, receive money)
Tyche Lottery Ticket Contract
. Smart contract stores lottery tickets as NFTs. In essence, a lottery ticket can be exchanged or bought and sold on any NFT exchanges. The owner of the lottery ticket will become the ticket owner and have the rights of the owner (receive the prize if the ticket is won).
Tyche Lottery Vendor Contract
. Smart contract stores the commission of each agent
Random Generator
a. Interface instructs how to create smart contracts that are capable of generating random numbers to ensure the transparency of lottery prizes.
b. Existing implementations:
VII. Become a lottery ticket agent with an income of $ 54,000 per cycle
Conditions :
- You just need to prove to us that you own at least a certain community group with 5000 members or more, in any country, any community background…
- Groups can be like Facebook, Youtube, Bitcointalk, Reddit, Medium, Twitter, Telegram….
- The minimum number of sold tickets is 1000 tickets in one cycle of spin bonus.
- Register to become an agent on Tyche’s Website:
https://tychelotto.com/
Bonus for lottery ticket agents
VIII. The official channels of Tyche
Website:
https://tychelotto.com
Twitter: https://twitter.com/TycheLottery
Subtab:
Medium: https://tychelottery.medium.com/
Telegram: https://t.co/qWGR4Elm17?amp=1
Facebook: https://www.facebook.com/Tychelotto/?ref=pages_you_manage
Youtube: https://www.youtube.com/channel/UCZ9MKjeRPcDd78tIvHs6WoA
Nice project and I look forward to the growth and success of this project
It is an awesome project which will definitely go to moon 🚀