Only a few cryptocurrency startups can boast both a unique smart contract-based platform and a certified security audit for the underlying blockchain code. One such project is the upcoming , a unique iGaming platform which shall be preceded by an “audited-as-safe” Initial Coin Offering ().
Drawbacks of the iGaming Industry
Spearheaded by a superior off-chain cryptographic approach towards the iGaming industry, Luckchemy’s powerful blockchain platform provides users with the best and most scalable and transparent tools for a complete suite of iGaming products, with an initial focus on lottery and scratchers.
The ongoing ICO pre-sale offers a 40 percent discount for the platform’s early supporters, with this discount halving after the public-sale commences.
Among the largest growing markets in the world, with a nine percent growth rate and billions of dollars in annual revenue, the iGaming industry, unfortunately, lacks secure digital systems that ensure a credible scaling of the lottery economy.
Several challenges further impeded growth, as the industry was marred with authenticity issues, financial fraud, and algorithms that give an unfair advantage to the operators. Additionally, users were concerned about “rigged” games and withdrawal issues.
Thus, it is evident that a transparent platform is needed for the iGaming market, which undeniably attracted a large number of gamers. Hence, Luckchemy was created with an aim to fill the gap, and ascertain its position as a high-quality, secure product for this growing market.
Enter Blockchain-Powered Luckchemy
As per Luchemy’s developers, players who are likely to use the platform are sophisticated, yet busy, and search for a product that reflects their lifestyle. To stand apart from the crowd amongst the hundreds of gaming products available, Luckchemy understood that a top-end design, superior user-experience, and a secure platform were the three major points to focus their platform around.
The company launched their platform with a games. Alongside this feature, they will also introduce third-party products to provide content, and a host of other developments meant for platform interaction. However, a strict code of conduct has been established regarding blockchain interactions, which would take place only when necessary.
As per Luckchemy, minimizing the usage of the blockchain, while provably increasing off-chain cryptography will ensure maximum scalability and exceptional user experience.
Luckchemy’s Functionalities and Native Token
Three different categories are provided by the platform:
Own games
Third party developers’ games
White Label solution
LUK Token
To power the blockchain platform, Luckchemy would make use of LUK, its native currency. Based on the amount of LUK held by a player, they shall be invited to special monthly drawings only meant for holders.
The tokenomics of LUK are as follows:
70 percent available for the general public
15 percent as initial liquidity for the lottery
8.85 percent for private placement
15 percent reserved for team funding
Additionally, LUK provides value to holders, instead of serving as mere fuel for the network.
(Source: )
First, token holders can take part in Feedback polls and holders’ draw by staking their LUK. The latter allows participants a chance to win an impressive 0.5 percent of total wagers placed on the platform in the previous month.
Secondly, as LUK would be the preferred mode of payment on the Luckchemy platform, the token can be staked to play games, purchase platform services, and receive payments from games won. Additionally, third-party developers willing to build products on Luckchemy’s blockchain can access the platform’s API, exchange data, and several other tools by paying in LUK.
Finally, the tokens will be available on crypto-exchanges for trading, bringing publicity to the platform and further increasing their intrinsic value.
Luckchemy’s Certified ICO
One of the defining advantages of this platform lies in its ICO’s .
A third party provider of security audits, , started investigating the platform in April 2018 with the aim to snag critical bugs and recommend any changes to the underlying code. There was no malfunctioning code found, but Luckchemy indeed got several recommendations.
Following the first analysis, New Alchemy researchers conducted a second audit and concluded that Luckchemy’s platform was immensely protected and had no critical risks present.
As part of the recommendation, Luchemy upgraded its entire blockchain to language version 0.4.21, having earlier using version 0.4.15 and 0.4.19 for its code.
The audit itself followed a two-step process on both occasions: First, identifying security flaws in the platform’s smart contracts in a technical inspection; second, evaluating if the smart contracts were compliant with publicly available documents and applications.
After the audit, it was apparent that Luckchemy remained truthful to its and rightfully executed its claims.
To know more, buy LUK tokens or ask any questions regarding the platform, you can go to Luckchemy official .
Audit:
Whitepaper:
Telegram channel:
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DALLAS, TX – In February, the bitcoin Ethereum and Blockchain Super Conference brought together hundreds of cryptocurrency and blockchain enthusiasts, investors, and leaders. Now, the organizer and host, Richard Jacobs, is hosting a second conference at Dallas this September.
Jacobs says the bitcoin, Ethereum & Blockchain Super Conference II will disclose new information – revealed by select industry leaders – that elevates cryptocurrency and blockchain investment opportunities to the next level.
Tickets for the conference are available now.
“Before I even made it home from the first conference, my inbox was overflowing with emails asking when we were having a second conference, and how they could secure a ticket early,” said Jacobs.
“Right then, I knew we had a responsibility to take everything to the next level.”
Jacobs took the overwhelming response seriously. The new conference, coming to Dallas this September, is appropriately dubbed the bitcoin, Ethereum, and Blockchain Super Conference II.
Richard Jacobs, the organizer of the bitcoin, Ethereum & Blockchain Super Conference II, is also the publisher of Future Tech Podcast, Crypto News Insider, and the author of the book bitcoin, Ethereum, and Blockchain: Surprising Insights from 200+ Podcast Interviews of Industry Insiders.
The main focus of this second conference will be on the next bull run of bitcoin, which, just like with the 2017 bull run, could happen at any moment. This time around, informed investors who buy in early before the price shoots could be the next class of “crypto millionaires.”
Tickets are on sale at the Super Conference website:
Press Contact:
Richard Jacobs
organizer@thefuturetechexpo.com
(888) 448-4590
About the bitcoin, Ethereum, and Blockchain Super Conference II:
This three-day conference will be held at the Kay Bailey Hutchison Convention Center in Dallas from Friday, September 14 to Sunday, September 16, 2018. We are expecting more than 1,000 attendees, at least 50 headline speakers, and upward of 50 exhibitors – with talks from founders, developers, and early-stage investors of cryptocurrencies and blockchain startups, including many that are planning ICOs throughout the last quarter of 2018 and 2019. The focus will be on the next crypto market cycle.
More information is available at:
This is a paid press release. BTCManager does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company. BTCManager is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
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