Amnext Launches their Prize Pools Series to Save Cryptocurrencies for Users

/EIN News/ — NEW YORK, Oct. 01, 2021 (GLOBE NEWSWIRE) — Amnext brings a revolution in traditional saving strategies by launching a number of No Loss Prize Pools the place customers can simply save Cryptocurrencies and acquire the likelihood to earn direct and passive incomes with decrease dangers. Amnext is fixing the ever-evolving points of normal lottery methods that are created to produce revenue with out contemplating the negatives they bring about. For instance, CNBC reported that within the United States, “Spending on lotto tickets provides up to about $1,038 every year per shopper, in accordance to a latest survey commissioned by Bankrate of over 2,300 U.S. adults”. (Leonhardt, 2019)1. A examine carried out by Ann Carnahan talks about Compulsive Gambling in lotteries: “There is rising proof that the brand new video games the lotteries have launched to enhance gross sales are extra addictive, and are compounding the issue of compulsive gamblers. Dr. Lance Dodes, Director of the Center for Problem Gambling at Mt. Auburn Hospital in Cambridge Massachusetts, estimates that 40% of his sufferers are lottery gamers.” This is one thing that Amnext has set out to clear up. The No Loss Prize Pools has been developed on the Binance Smart Chain, bringing to the world a enjoyable and straightforward approach to get monetary savings and acquire earnings. The creators mixed the facility of Blockchain and DeFi with a Lottery to create one thing distinctive and useful for saving cash and profitable on the identical time. The platform permits all people the potential for incomes passive earnings by a number of strategies. The first technique is the AMC Machine, which supplies an ordinary high-interest yield in $AMC tokens. The second one lets customers get monetary savings by depositing funds into the No Loss Prize Pools and receiving again No Loss Tickets, which entitle them to win prizes till they determine to withdraw the funds. Thus, the fortunate winners get the pool prizes and their tickets again on the finish of every prize draw. However, this sport is exclusive as a result of gamers who do not win additionally get their tickets again. Thus, everybody concerned retains their cash secure. The Amnext Prize Pools makes use of a sensible system to fund the prizes, the funds deposited earn curiosity in staking swimming pools and on the finish of every day, it’s accrued to generate the jackpots. The third characteristic that has been designed is the Lifetime Lottery system. This permits buyers to purchase lifetime tickets and create affiliate networks that carry them direct and passive incomes. Something distinctive and easy occurs; the individuals purchase an infinite probability to win and the best to take part within the lottery drawings ceaselessly. Features Overview
No Loss Prize Pool: The No Loss Prize Pool consists of swimming pools of funds whose accrued curiosity is distributed as prizes. The idea is well-established and in any other case generally known as “Prize Linked Savings Account”. All prize video games created by the protocol share the identical elementary traits.
Lifetime Ticket: Lottery tickets which can be legitimate for life. Users should buy lifetime tickets and get the chance to win grand prizes for the remainder of their life in addition to acquire earnings thanks to the articulated community advertising system. 
Yield Sources: Amnext has a staking protocol named AMC Machine; it’s used because the yield prize generator for the AMC Lifetime Pool and the first AMC No Loss Prize Pool. Other Prize Pools use the Venus Protocol yield sources and the PancakeSwap syrup pool as yield prize turbines. 
Loot Box: The Loot Box is an incentive in AMC tokens, added to the Grand Prizes of the Prize Pools. The Loot Box is generated from 20% of the AMC minted per block. 
AMC Machine: Users can stake AMC Tokens and generate extra AMC to enhance their earnings considerably. 
Fabio Pizzingrilli, the CEO mentioned, “The Amnext ecosystem is constructed round two ideas; change the whole lottery system and supply individuals all over the world a secure and straightforward approach to get monetary savings and earn earnings.” Media Contact Company: Amnext Contact: Fabio Pizzingrilli Twitter: @FabioPizzin | @OfficialAmnext Telegram: @amnext_official Email: [email protected] Website: SOURCE: Amnext

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October 01, 2021, 08:44 GMT

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