Lucky Block is the most explosive crypto in 2022
Krypto-Lucky Block, after the launch of the token pre-sale at the beginning of December 2021 and the huge success that ended at the end of January 2022, is poised to become one of the most promising cryptocurrencies in the blockchain world.
Lucky Block stands out in its innovative project centered on a blockchain-based crypto lottery that will revolutionize the gambling world across the board. Moreover, the first weeks of the new year saw the crypto Lucky Block successfully end its pre-sale phase.
As a result, its value has skyrocketed and we are likely to see it soon in upcoming listings on the most popular cryptocurrency exchanges.
In detail, what is Lucky Block crypto?
Lucky Block is a blockchain platform for lotteries and other random-based games of chance. The platform uses decentralized smart contracts to make the entire process fair and transparent. Specifically, this means that all calculations, payments and withdrawals are decentralized.
In fact, Lucky Block’s founders say traditional lotteries have some drawbacks, which negatively affect player transparency and win rates.
This is why the creators of Lucky Block set themselves the goal of developing a globally usable lottery platform that is organized in a decentralized manner and based on blockchain technology.
Using this technology, a high degree of transparency can actually be achieved, as all transactions and processes are recorded on the blockchain and can be seen by anyone. This gives higher confidence than traditional lotteries.
The decentralized organization also ensures that the platform is significantly more secure than a central server or physical drawing methods. Central servers are vulnerable to hacker attacks, and analog designs can be manipulated relatively easily.
In addition, decentralized platforms such as Lucky Block have clear advantages over traditional systems in terms of cost. Drawings and payments can be made with minimal administrative effort. This allows for higher profit rates and significantly faster payouts.
How the Lucky Block crypto project works
As already expected, Lucky Block is preparing to revolutionize the field of online gambling and gaming (an industry that will be worth $433 billion by 2026). However, there are many exceptions, depending on the country where people are betting or playing online.
In the case of Lucky Block, the lottery games will be available to anyone from anywhere, which should lead to significant jackpot prizes for participants. But for crypto Lucky Block, this is not all.
In fact, Lucky Block aims to create a global lottery based on blockchain technology. The project is set on Binance Smart Chain. The blockchain is ideal for this use case because it is secure and also enables fast and cheap transactions.
Due to these features, Binance Smart Chain can be an alternative Ethereum and thus a good choice from Lucky Block.
Anyway, the Lucky Block lottery is no different from traditional lotteries in the way it works. Players can purchase a ticket to the upcoming draw for the price of one Lucky Block crypto. Users can also buy multiple tickets to increase their chances of winning.
After the deadline for accepting bets has expired, the winning ticket will be drawn. The drawing will be performed randomly using a “Random Number Generator.” This randomness ensures that the draw is not rigged.
After the draw, the winners are automatically credited with their winnings. In most cases, winnings are paid out immediately after the draw.
A special feature of Lucky Block is the distribution of profits: while 70% of the jackpot goes directly to the winner, the remaining 30% is distributed to token holders, non-profit organizations and the Lucky Block Fund.
Why is Lucky Block innovative and special?
The innovation of the Lucky Block system is special because it consists of a real alternative to the old lottery system.
Which are generally centrally organised, lack transparency, incur high costs and are vulnerable to hacker attacks. The high administration costs in particular ensure that players have very low odds of winning and must place relatively high stakes so that lottery companies can operate profitably.
And this is where Lucky Block stands out: by aiming to offer a more transparent, fairer, safer and more profitable alternative. With decentralized functionality, this lottery is less prone to hacker attacks and can also operate much more efficiently.
In addition, there are major cost savings compared to traditional lotteries; players benefit from higher odds and more frequent draws.
The ingenious design in marketing: the campaign
No matter how remarkable a cryptocurrency project is, without the right marketing campaign, the project will not gain visibility. This is crucial when you consider that there are now more than 16,000 digital currencies listed on CoinMarketCap.
With this in mind, the Lucky Block team has organized a massive marketing campaign that will be carried out on a global scale. Currently, the Lucky Block crypto has already been shown in London, with the cryptocurrency advertised on the subway, taxis and buses.
This is in conjunction with a significant content marketing campaign that will consist of articles, press releases and market insights about Lucky Block. In addition, Lucky Block and its promotional campaign will soon land on the Italian market.
