Lucky Blockchain could well revolutionize the world of online lottery. This decentralized protocol promises to optimize the chances of winning for everyone. Being blockchain-based, it also provides greater transparency and much better security. What do you need to know about this DApp and the token associated with it?






Luckyblock definition


Is therefore a crypto lottery DApp. In other words, it allows you to play the lottery with cryptocurrencies via a decentralized application. Its main objective? Offer Internet users more transparency in the game without exposing them to the risks of traditional lotteries.


This DApp is based on the Binance Smart Chain (BSC) blockchain. The “LuckyBlock” crypto lottery is its native token. This one is in presale on the platform itself until February 1, 2022,


Main Goals of Lucky Blockchain Project


1-  Online Lottery Accessible to All with Cryptos


Conventional lottery offices are sometimes far away and players do not always have the opportunity to travel. Lucky Block comes precisely to remedy these problems. Indeed, all you need is a computer, a smartphone or a tablet to participate in the game with this DApp. Obviously, you have to connect to the Internet to buy the tickets and see the results.


2- Increase the Chances of Winning for All Participants


Lucky Block is able to perform many draws in a day using blockchain technology. This optimizes the chances of winning for everyone. In addition, participants no longer have to wait several days to find out the results and redeem their rewards


3 - Transparency of Results Guaranteed by the Blockchain


Fraud is quite common with traditional centralized lotteries. In addition, the player cannot cash out the winnings if he loses his ticket. With the LuckyBlock project, all transactions are recorded on the blockchain. This guarantees the transparency and authenticity of the results.


4- Speed of Payments for Winners


We saw above that the protocol works on the Binance Smart Chain. As a result, the processing of results is fast and the collection of earnings almost immediate. This is a great advantage of the crypto lottery over the classic lottery.


5- Enhanced Security to Fight Money Laundering and Fraud


Risks of fraud or tampering with results and security issues are high for traditional lotteries. Opting for decentralized systems like Lucky Blockchain is an interesting solution to avoid exposure to them. In addition, it is possible to know exactly where all the funds are sent


6- Societal Commitment


Finally, the founders of the blockchain want luck to also benefit charities. This is how 10% of all winnings will be donated to partner charities.


7- Lucky Blockchain Operating Costs


Lucky Blockchain is also remunerated through commissions withheld from token sales. Thus, it takes 12% for each transaction. In addition, the fees applied on the platform are summarized in the following table.


8- How to Buy LuckyBlock Token?

To date, the usual exchanges for buying cryptocurrencies do not yet offer LuckyBlock tokens. However, these tokens are already available for exclusive presale on the Lucky Blockchain platform. Discover the 3 steps to follow to acquire one;


have BNB in your wallet


Connect your Wallet to the Luckyblock platform


Exchange your BNB with Luckyblock Tokens


Lucky Blockchain Regulation


As the Lucky Blockchain platform is based in the UK, it is unregulated. Indeed, cryptocurrencies and everything related to it is not yet regulated in this country. However, the project is no less reliable.


Indeed, the project is serious despite the lack of regulation. The partnership with the London media company FINIXIO proves that this is in no way a scam. It manages around fifteen brands in the field of cryptocurrency, personal finance and technology.


Lucky Blockchain is a crypto lottery DApp. It was created with the aim of facilitating and securing access to the lottery for everyone.