LuckyBlock, a crypto- lottery platform has announced the start of their pre-sale. The Presale is scheduled to end on the 1st of February 2022. To take part in the Pre-sale, first, log on to the platform. The platform is developed on the Binance Smart Chain, so you’ll need to access a compatible wallet. Trust wallet is an ideal wallet for this. Next, enter the amount that you would like to purchase. You can fill this in BNB and the corresponding value in LuckyBlock tokens will be shown. Once you have transferred the funds, the tokens will be sent to your wallet.
The platform uses Blockchain technology to make sure that all operations are transparent, fair, and honest. All games will be done while leveraging the Binance Smart Chain. Currently, while lotteries are still extremely popular, the technology behind them is still centralized, archaic, prone to hacking, and slow when it comes to the disbursement of winnings.
There are also no records kept on who purchased a particular ticket and if it gets lost, then there is little that can be done to recover it. The amount of money that was bet on the lottery is also never publicly shared. This makes such platforms to be easy targets for fraudsters and illegal money laundering activities.
Blockchain technology presents a unique solution that can tackle all of these problems. With LuckyBlock, every transaction will be logged on to the system, therefore, eliminating rigging or fixing of the games. Also, the token holders within the Lucky block community can decide on which causes to support the amount of money raised on the platform. Draws will be done multiple times in a day and the winnings will be disbursed automatically.
32,500,000,000 tokens are available for sale on the presale. When the lottery starts and the jackpot is distributed, 70% of this will be given to the winners and the rest will be distributed to token holders, charities, and LuckyBlock.