Dubai, Feb. 11, 2022 — The LBank exchange, a global digital asset trading platform, will list Lucky Block (LBLOCK). For all LBank users, the LBLOCK and Tether (USDT) trading pair will be officially available on Feb. 11, 2022, at 10:00 am UTC. 

The lottery has never ceased to catch people’s attention, and with the birth of the internet, online lotteries have not only become possible, but easier and more accessible. However,  many issues remain in security, speed and lack of liquidity. 

Introducing Lucky Block

LBLOCK can build a global lottery system for players using blockchain protocols. It focuses on security, transparency and fairness, creating a global lottery where every player has better odds of success, providing a solid investment strategy for tokenholders and contributing to good causes and its community.

Lottery platforms on a centralized server are vulnerable to hacking, and physical machines can easily be rigged. To ensure otherwise, Lucky Block built its system based on blockchain technology, utilizing fundamental features that effectively reduce such risks.

Furthermore, blockchain technology allows for faster prize payouts alongside full tracking and recording, regardless of the payout 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 traditional lottery are high, which can impact revenue for prizes and payouts. 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 tolerance levels for better odds.

Built by a well-experienced team and fully audited by SolidProof, Lucky Block continues to expand its influence. The project is in collaboration with Jamie Jewitt and has partnered with Finixio, a market-leading digital media company operating globally with 15-plus leading comparison brands in the personal finance, cryptocurrency and technology sectors.

About LBLOCK Token

LBLOCK can be beneficial to users through instant payouts, no transaction fees when buying tickets, receiving portions of every jackpot payout and much more.

LBLOCK’s total supply is 100 billion, with 10% provided for private sale, 22.5% for presale, 5% for marketing, 20% for partners, 2.5% allocated to the development team and 10 to 15% provided for liquidity pools. There is also a burning mechanism that ensures the value of LBLOCK will gradually increase.

LBLOCK taxes a 12% total: 4% to lottery pools, 4% to liquidity pools, 3% provided for nonfungible-token and gaming-royalty funds, and the remaining 1% burned. 

For the jackpot distribution, 10% of every jackpot is used for charity, 10% for marketing, 10% redistributed to tokenholders and the remaining 70% distributed to the winner.

Interested investors can buy and sell LBLOCK on LBank exchange soon; its listing will undoubtedly help it further expand its business and draw more attention.

Learn more about LBLOCK:

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About LBank exchange:

The 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 more than 6.4 million users from more than 210 regions worldwide.

Start trading now on the website.

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Contact details:

LBK Blockchain Co. Limited

LBank Exchange

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