Crypto Lottery Game Lucky Block Launches for Pre-Sale

Published by
Crypto Lottery Game Lucky Block Launches for Pre-Sale

Lucky Block, an australian crypto casino has launched a pre-sale of their Lucky Block token. The Lucky Block lottery uses blockchain technology and voting polls on every purchase to ensure transparency and fairness, allowing everyone to be a winner.

The internet has created a demand for online gambling, with companies offering easily accessible online wagering. Lucky Block envisions a worldwide crypto lottery with players using blockchain protocols, operating on the Binance Smart Chain.

“We believe the lottery should not be bound geographically or tied to local financial systems,” shared the creators of Lucky Block. “Instead, our focus is to develop further transparency and fairness in gaming, creating a lottery where every player has better odds of winning while providing a solid investment strategy for token holders and contributing to the community.”

General lottery odds are stacked too high, and they are centralized meaning players can’t see where all the money is going. Additionally, platforms on a centralized server are vulnerable to hacking, while physical systems are more likely to experience ‘fixing’ or rigging of the game. With Lucky Block being decentralized, every transaction is logged in the blockchain for increased visibility. This ledger of interactions prevents undetectable system tampering for rigging. With a general lottery, the people have no vote in who gets the grants. With Lucky Block, the community can vote as to which causes are granted.

Lucky Block will reduce draw times and allow multiple draws per day giving players more chances to win while lowering costs per lottery. Being on the blockchain allows for faster, if not instant, prize pay-out alongside full tracking and recording, regardless of the win size via distributed ledger technologies.

Two hundred million tokens will be available until February 1, 2022, to allow early adopters in at an advantageous rate. Of the presale launch proceeds, 20-25% will be allocated to the liquidity pool via a 1-year smart contract lock-up.

When the jackpot is distributed, 70% goes to winners, and the remaining 30% is evenly distributed to token holders, back to Lucky Block, and charity.

To learn more and purchase your presale tokens, visit https://luckyblock.com/ and join the community Telegram here: https://t.me/LuckyBlockChainTG

Advertisement

Share
Guest Author

This author could be anybody, but he/she is not a member of staff coingape.com and opinions in the article are solely of the guest writer and do not reflect Coingape's view.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • News

Gold vs Bitcoin – Peter Schiff Declares BTC Has Failed as Digital Gold, CZ Reacts

The debate on gold versus Bitcoin (BTC) has been renewed by Peter Schiff. He believed…

October 17, 2025
  • News

Why Is Crypto Market Down Despite Trump’s Non-Tariff Announcement

The crypto market is down today and has failed to recover following U.S. President Donald…

October 17, 2025
  • News

Trump Tariffs: China Ready To Work With U.S. as Trade Tensions Spark Crypto Market Crash

China's commerce minister, Wang Wentao, has urged the U.S. to cooperate in the ongoing trade…

October 16, 2025
  • News

Breaking: Ripple Acquires GTreasury for $1 Billion, Expanding Into Treasury Markets

Ripple has stated that it has taken over GTreasury, a reputable company in treasury management…

October 16, 2025
  • Crypto Reviews

Examining AYNI, a Capacity-Linked Crypto Framed as a Real-World Asset Through Gold Mining Throughput

The market conditions have been topsy-turvy, while the crypto space is suffering, Gold just rallied…

October 16, 2025
  • News

25 or 50 bps? Waller, Miran Split on Fed Rate Cut Size Ahead of FOMC

Federal Reserve Governors Chris Waller and Stephen Miran are currently split on the magnitude of…

October 16, 2025