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
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/113129
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Blockchain
PairedWorld Earns Nomination for Best Blockchain Project for Social Impact, Secures $1.5 Million in Private Token Sales, and Welcomes Paul Taylor Who Is a Venture Partner at BlackRock to its Advisory Board
Saakuru has recently achieved significant milestones in its development, positioning itself as a leader in the gasless blockchain revolution that is reshaping the industry. Within just nine months of its launch, the consumer-centric L2 protocol has entered the top 5 brands in its niche and records over 1.44 million weekly users, according to data from DappRadar.
The project is gearing up for the official launch of its Saakuru token ($SKR) by the end of April, supported by a successful private funding round that raised $2.4 million. Saakuru Protocol stands as a pioneering advocate of gasless technology, aiming to accelerate the adoption of Web3 into the mainstream by enhancing the user experience and reducing costs for both developers and end users.
Unlike traditional blockchain networks, which often suffer from high gas fees and security issues, Saakuru Protocol leverages Oasys High-Speed Optimistic Rollups to create a public-permission, gas-less L2 blockchain. This innovative approach eliminates gas fees, improves user experience, and introduces new tokenomics models, enabling the development of versatile decentralized applications with higher security standards, cost-effectiveness, and ease of use.
The Saakuru token serves as a multi-purpose token within the protocol, providing utility and governance. Its advanced burning mechanism gradually reduces the token supply while potentially increasing its value. The token is integrated into all operational layers of the Saakuru protocol:
1. Developer Layer (Saakuru Labs): Provides products and services with proprietary business models, burning 10% of profits.
2. DeFi Layer (Taffy DEX): Utilizes Taffy DEX technology, where 0.005% of transaction fees are converted to SKR tokens and burned.
3. Governance Layer: Enables token holders to participate in protocol governance, with 5% of tokens used for governance initiating the review process being burned.
4. Protection Layer: In the event of triggering the protection mechanism, SKR tokens are burned, with 3% of saved tokens being burned.
Through these innovative features and layers, the Saakuru token and protocol aim to drive adoption, enhance functionality, and provide sustainable value for users and stakeholders alike in the evolving blockchain landscape.
Source: finance.yahoo.com
The post Saakuru Leads the Gasless Blockchain Revolution, Disrupting the Industry appeared first on HIPTHER Alerts.
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