Lucky Block (LBLOCK) is one of the newest coins around. Their product is already available on both iOS and Android. In just a couple of days, they have created a user base and over 35 000 holders. Lucky Block has a unique use case and utility. While it could be used as a meme coin, the token is all about the lottery jackpot. You buy the token, and your account is added to a list, and when you get lucky, you win the jackpot. In simple terms - it's like a crypto with a lottery.
Briefly about Lucky Block
Lucky Block isn't owned by an individual but rather is a team of about twenty blockchains, other professionals in four different countries, e.g., Germany, US, UK, and India. To boost Lucky Block to the audience, they have partnered with Finixio. Lucky Block is a platform for all. It's not just about the lottery, it's about the community and the members of that community. The user can participate in any type of lottery or game through Lucky Block, including dices, slots, lotteries, etc.
Lucky Block is a worldwide lottery with players using blockchain protocols.CryptoLists.com
Lucky Block is a lottery platform that allows participants to buy a ticket and win the jackpot through the lottery. The lottery can be conducted by the Lucky Block team or by any third party. The main objective of Lucky Block is to solve the problems of trust in e-commerce and provide an environment for all users to participate in a transparent and fair lottery system. It is unique because it has blockchain technology and a lottery jackpot, providing a better chance of winning for all participants.
Utility of Lucky Block?
Lucky is a utility token. The participants of Lucky Block will use it to purchase tickets, play games, and participate in the lottery. Lucky Block is a decentralized and secure application that can be used for any kind of e-commerce business. It can be used to create games and applications on the blockchain. Lucky Block is a decentralized application where all the participants own their accounts and participate in any kind of lottery. It provides users a chance to win the jackpot.
Lucky Block Price detailsBSC Contract address: 0x2cD96e8C3FF6b5E01169F6E3b61D28204E7810Bb
›› LBlock tokenomics and social media
Advantages at Lucky Block+ A lottery jackpot provides better chances for all participants to win.
+ Seems to be a transparent platform.
+ An existing iOS and Android app for the participants.
+ A lottery application that has a good community of users.
Disadvantages- The lottery ticket cost is rather high.
- There are no financial audits of the Lucky Block token yet.
- The current coin supply is rather high.
- The token is not yet widely accepted by the public.
Costs▪ Rated at 9/10
The transaction fee for this new crypto is around 5-12% when buying, and 7-9% when selling during our tests on Pancake Swap. The cost of the ticket is 0.1 LBT, and the cost of winning the jackpot is 1 LBT. All the transactions are conducted through the Lucky Block blockchain network.
Reputation and Buzz▪ Reputation rated at 9/10
▪ Buzz rated at 9/10
The team has been working hard to build a strong community on the knowledge of the coin, and they have been able to achieve it. They have created a community on Telegram, Facebook, Twitter, Reddit, etc. They are building a strong relationship with the community and are constantly communicating with the members. They are also sharing their progress and plans with the community members.
What is the cost of a lottery ticket?
The lottery ticket, which is paid with LBLOCK, is $5.
Where and how do I buy Lucky Block lottery tickets?
The lottery tickets can be purchased only on the Lucky Block website or their app.
Where does all the funding for the jackpot prizes come from?
The funding for the jackpot comes from the ticket sales and the transaction fees charged.
How do they choose the lottery winners, and How is the prize pool jackpot divided?
The company uses a random number generator to do the selecting of the ticket number. When it comes to dividing the prize, the winner takes 70% of the amount, 10% is taken to charity, the company takes 10%, and the token holder takes 10%.