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Lucky Block Casino has released a new updated whitepaper filled with new utility features for the newly integrated $LBLOCK V2 token running on the Ethereum blockchain.
$LBLOCK V2 began trading today on the Uniswap decentralized exchange with newly activated liquidity provision, with the price rising 23% within the first hour of trading, and the current price is $0.00004546, according to DEXtools data.
Since a new team was put in place to execute Lucky Block pivot to become a full-fledged iGaming platform including a casino and sportsbook, the platform has gone from strength to strength.
In just 6 months, Lucky Block has risen to the top of the cryptocurrency casino world with 200,000 monthly active users.
This is the success of the $LBLOCK V2 exclusive token, with $500,000 of monthly bets represented by the token. Surprisingly, this compares to approximately $93 million wagered monthly across all cryptocurrency platforms.
The new Lucky Block whitepaper reveals enhanced value for all LBLOCK and NFT owners.
The white paper details a series of new features and improvements that make the project perhaps the most innovative in its field when it comes to gamification and returning value to token holders.
A seamless connection from the V1 BNB smart chain version of the coin to the ERC20 Ethereum V2 version means that of the original 100 billion $LBLOCK tokens, 45.1 billion will be burned, leaving 49.41 billion community-owned and 5.49 billion allocated for staking and listing. It means that it has been done. And compensation.
$LBLOCK V2 token holders now have exclusive access to jackpots available only to V2 and Platinum Rollers Club (PRC) NFT holders. Jackpot pools range from $10,000 to $500,000, but the smaller pools make it easier to win. of the player.
Additionally, 1% of bets go into the monthly jackpot pool and winners are paid out in V2, USDT or USDC.
There is also an opportunity to earn rewards by staking $LBLOCK V2 tokens, with rewards paid out in V2, USDT and USDC.
Lucky Block Platinum Rollers Club (PRC) – Relaunch, Mint and Airdrop Enhance Value Proposition
PRC NFTs are being migrated from the BSC chain to the Ethereum blockchain. New NFTs will be created and airdropped to existing PRC owners, at a cost of approximately $35,000 to Lucky Block Casino, at no cost to users.
The white paper also revealed that 20% of the funds raised through NFT sales will go into a staking pool.
Additionally, PRC community members can receive an exclusive VIP 15% cashback on LBLOCK bets, with NFTs serving as valuable entry tickets to tournaments and jackpots as well as locking in what the whitepaper describes as a “profitable loyalty and referral program.” Turn it off.
PRC holders are automatically enrolled in an exclusive private club with VIP account managers similar to the services typically provided to casino gamblers.
There is a tempting incentive to spend $LBLOCK and players will automatically be entered into exclusive tournaments where they can win free spins, $LBLOCK tokens and NFTs.
And there’s more. When platform users use $LBLOCK V2, they will receive automatic rewards as part of our loyalty program. There is also a referral program where referrers can earn up to 15% in house edge for every player they invite to the platform.
$LBLOCK V2 DEX liquidity injection lays the foundation for new CEX listing
The Lucky Block team initially injected $200,000 worth of $LBLOCK V2 into the Uniswap liquidity pool, which is now valued at $324,000, paving the way for a strategically important development. Lucky Block’s main goal is to attract new investors as it prepares for its upcoming listing on a centralized exchange.
Trading volume is low at $70,000, but is growing as news spreads that $LBLOCK V2 is now tradable due to sufficient liquidity supply. According to DexTools data, there are 3,880 token holders outside of centralized exchanges.
Negotiations are ongoing with LBank, MEXC and Gate.io regarding liquidity provision arrangements.
The new team continues to see success despite the significant progress it has made to date. The $LBLOCK token is being used to explore strategic partnerships and provide access to a crypto gateway to third-party products and services.
Below is a summary of what is available and will be completed in the new roadmap.
- Bridge V1 tokens to V2: Done
- V2 Token Integration into Casino: Completed
- Roadmap: Complete
- PRC NFT Resumption: Completed
- White Paper Development: Completed
- Staking Pool and Dashboard Development: In Progress
- Token Dashboard: In Progress
- Mega Casino Jackpot for Token and PRC Holders: Ongoing
- Increased Liquidity: Done
- Multiple Tier 1/2 CEX listings: In progress
- Global partnerships within esports, soccer and MMA/UFC: Ongoing
$LBLOCK V2 can be purchased on LBank, Gate.io, and MEXC central exchanges, and on Uniswap starting today. $LBLOCK V1 holders who have not yet claimed their bridge tokens should go to https://v2bridge.luckyblock.com/ and click Claim. The V1-V2 bridge is closed.
Those who have not bridged in V1 can sell their tokens on the Pancakeswap decentralized exchange, although liquidity will be limited and taxes will apply.
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