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:
Telegram
Twitter
Facebook
Linkedin
Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
PR Contact
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
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