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Lucky Block is a protocol that is revolutionizing the lottery industry. The lottery sector has evolved over the years, and Lucky Block has stepped in with a modern solution. The protocol plans to integrate blockchain technology into the lottery space to promote fairness and transparency.
One of the prizes offered by LBLOCK is the weekly draws. Participants have a chance to win $50K in these weekly draws. Participating in the Lucky Block lottery platform is quite easy, as all is needed is to own the LBLOCK token.
Lucky Block’s $50K weekly draws
Participants wanting to partake in the LBLOCK lottery initiative must own the LBLOCK token. LBLOCK is the native token of the Lucky Block ecosystem. The token can be bought on PancakeSwap, one of the best DeFi exchanges. LBLOCK is used to buy tickets that will enter the participant into the jackpot draw.
Lucky offers a weekly draw, where participants have a chance of winning $50,000. Besides the weekly draw, the Lucky Block $1M jackpot is also one of the best deals on the project. The lottery fund is supported by a 4% fee charged on every LBLOCK transaction.
One of the unique features of Lucky Block is its commitment to community support. The project promotes charity work through its jackpot draw. Out of the amount won. 70% will go to the individual, while 10% goes towards charity.
The LBLOCK team has also paid attention to its token holders to ensure they derive utility from their held coins. 10% of the jackpot amount is distributed to token holders depending on the percentage of tokens they hold.
The LBLOCK project has strong foundations because it aims to solve real-life problems. Online lotteries face slow speeds, poor security, and liquidity issues. Therefore, Lucky Block is stepping in to solve the problem by integrating blockchain technology. This technology promotes transparency and fairness. It also boosts speed, which gives Lucky Block a competitive edge over its rivals.
LBLOCK’s performance
LBLOCK has positioned itself as one of the most promising tokens in the market. Over the past two weeks, data from CoinGecko shows that the token has gained by 14%. These gains had occurred at a time when the rest of the cryptocurrency market was on a downtrend. LBLOCK is also up by over 130% since January this year.
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