Blockchain
LBank Exchange Will List Lucky Block (LBLOCK) on February 11, 2022
Internet City, Dubai–(Newsfile Corp. – February 8, 2022) – LBank Exchange, a global digital asset trading platform, will list Lucky Block (LBLOCK) on February 11, 2022. For all users of LBank Exchange, the LBLOCK/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on February 11, 2022.
Figure 1: LBank Exchange Will List Lucky Block (LBLOCK) on February 11, 2022
The lottery has thousands of years of history, and its speculative nature has never stopped catching people’s attention since its emergence. With the birth of internet, online lotteries have become possible, making it easier and more accessible for participation than ever before. But still, there are many issues remain to be addressed in its security, speed, and lack of liquidity. To make lottery fairer, more secure and more transparent, Lucky Block (LBLOCK) is here to build a global lottery system with players using blockchain protocols. Its native token LBLOCK will be listed on LBank Exchange at 18:00 (UTC+8) on February 11, 2022, to further expand its global reach and help it achieve its vision.
Introducing Lucky Block
As a crypto lottery where everyone’s a winner, Lucky Block envisions a worldwide lottery with players using blockchain protocols. It focuses on developing transparency and fairness in gaming, creating a global lottery where every player has better win odds, providing a solid investment strategy for token holders, as well as contributing to good causes and the community.
Lottery platforms on a centralized server are vulnerable to hacking, and physical machines can easily be rigged. To ensure a secure, transparent and fair lottery system, Lucky Block builds its system based on the blockchain technologies, of which fundamental features can effectively reduce these risks.
Furthermore, blockchain allows for faster prize pay-out alongside full tracking and recording, regardless of the win size via distributed ledger technologies. It also certifies both players and their tickets, reducing the likelihood of information loss, destruction or tampering.
The costs of operating a lottery in the traditional way are high, which can impact revenue for prize formation and pay-out. Lucky Block will reduce draw times and allow multiple draws per day, giving players more chances to win while lowering costs per lottery. In addition, low margin operations will allow players to partake in lotteries aligned with their risk appetite for better odds.
Built by a well-experienced team and fully audited by SOLIDProof, Lucky Block continues to expand its influence in the global community. It’s in collaboration with Jamie Jewitt, and has partnered with FINIXIO, a market leading digital media company operating on a global scale that runs 15+ leading comparison brands across personal finance, cryptocurrency and technology sectors.
About LBLOCK Token
LBLOCK is Lucky Block’s native token, using it can be beneficial to users in ways such as enjoying instant payouts, no transaction fee when buying tickets, receiving a portion of every jackpot payout, and many more.
The total supply of LBLOCK is 100 billion (i.e. 100,000,000,000), 10% of it was provided for private sale, 22.5% was for presale, 5% is used for marketing, 20% is provided for partners, 2.5% is allocated to the development team, 10-15% is provided for liquidity pool, and there is also a burning mechanism that ensures the value of LBLOCK will gradually increase.
LBLOCK taxes a total of 12% on sale, 4% of it goes into lottery pool, another 4% goes into liquidity pools, 3% is provided for NFT & gaming royalty fund, and the rest 1% is burned. As for the jackpot distribution, 10% of every jackpot will be used for charity, 10% will be provided for Lucky Block marketing, 10% will be redistributed to token holders, and the rest 70% will be distributed to the winner.
The LBLOCK token will be listed on LBank Exchange at 18:00 (UTC+8) on February 11, 2022, investors who are interested in Lucky Block investment can easily buy and sell LBLOCK on LBank Exchange by then. The listing of LBLOCK on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about LBLOCK Token:
Official Website: https://luckyblock.com
Telegram: https://t.me/LuckyBlockChainTG
Twitter: https://twitter.com/luckyblockcoin
Facebook: https://www.facebook.com/LuckyBlockLB
Instagram: https://www.instagram.com/luckyblockcoin/
About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users from now more than 210 regions around the world.
Start Trading Now: lbank.info
Community & Social Media:
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Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
PR Contact
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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