Lucky Block (LBLOCK) will be listed on LBank Exchange on February 11, 2022. The LBLOCK/USDT trading pair will be available for all LBank Exchange users at 18:00 (UTC+8) on February 11, 2022.
The lottery has a long history, and its speculative aspect has always captivated people. Online lotteries have become possible because of the internet, making participation easier and more accessible than ever. But there are still many difficulties with security, speed, and liquidity. Lucky Block (LBLOCK) is here to construct a global lottery system with players using blockchain protocols. On February 11, 2022, at 18:00 (UTC+8), its native token LBLOCK will be listed on LBank Exchange, helping it fulfill its objective.
Lucky Block envisions a global lottery with players using blockchain technology. It aims to improve game transparency and fairness, create a global lottery with improved odds for all players, provide a sustainable investment strategy for token holders, and support charities and the community.
A centralized lottery server can be hacked, and physical equipment can be manipulated. Lucky Block bases its lottery system on blockchain technologies, whose essential properties can effectively decrease these risks.
Moreover, distributed ledger technology enables faster prize payouts and thorough tracking and recording regardless of the win size. It also protects against data loss, deletion, and tampering by certifying players and tickets.
The costs of running a lottery traditionally might affect revenue generation and payout. As a result, participants have more chances to win and the cost per lottery is reduced. Also, low-margin businesses allow participants to play in lotteries that better match their risk appetite.
Built by an experienced team and extensively verified by SOLIDProof, Lucky Block continues to grow globally. It’s a joint venture with Jamie Jewitt and FINIXIO, a global leader in digital media with 15+ leading comparison brands in personal finance, cryptocurrencies, and technology.
Using LBLOCK can benefit consumers in numerous ways, including immediate payouts, no transaction fees when buying tickets, and a share of every jackpot prize.
The total supply of LBLOCK is 100 billion (i.e. 100,000,000,000), of which 10% is for private sale, 22.5 percent is for presale, 5% is for marketing, 20% is for partners, 2.5 percent is for the development team, 10-15% is for the liquidity pool, and 10% is burned to ensure the value of LBLOCK gradually increases.
Lottery pool, liquidity pools, NFT, and gaming royalty fund and 1 percent is burned. Token holders receive 10% of each prize, with the remaining 70% going to the winner.
On February 11, 2022, at 18:00 (UTC+8), the LBLOCK token will be published on the LBank Exchange. The LBank Exchange listing of LBLOCK would surely help it grow its business and attract more market attention.
ABOUT LBANK Exchange
LBank Exchange, created in 2015, is a global crypto trading platform. LBank Exchange offers secure crypto trading, financial derivatives, and professional asset management. It now has over 6.4 million users from over 210 countries, making it one of the most popular and trustworthy crypto trading platforms.