LOTT is a BEP-20 utility and governance token limited to 100 million units. Purpose of the token is to manage and govern the DAO governed CEX/DEX traders tournament platform, reward users and encourage their activity. LOTT are used for: - “Governance” and “Staking” – An operational management and platform development. - An access to the higher level tournaments, including those a player is not qualified for or does not have the appropriate game NFT; - Users’ commission payment for NFT tournament tokens (TNFT) minting based on the results of tournaments in which they participated - Member/Pro/Expert/Partner membership which gives them an access to additional WLOCT functionality and privileges; - “Lending” -LOTT tokens with a BUSD commission fee being paid to players for “staking” LOTTs to access the higher level tournaments
read more