Lucky Block Casino, a prominent player in the world of crypto casinos, has recently released an updated whitepaper unveiling the many utility features of its newly integrated $LBLOCK V2 token. This token, which operates on the Ethereum blockchain, has already garnered significant attention within the crypto community. With a 23% increase in price during the first hour of trading on the Uniswap decentralized exchange, $LBLOCK V2 is currently valued at $0.00004546 according to DEXtools data.
Over the past six months, Lucky Block Casino has made significant strides in its transition from a simple iGaming platform to a fully-fledged casino and sportsbook. With an astounding 200,000 monthly active users, the platform is now ranked among the top players in the crypto casino industry. The success of the $LBLOCK V2 proprietary token is evident, as it boasts a monthly wager volume of $500,000. Comparatively, this is a substantial amount when considering the $93 million wagered across all crypto platforms.
The updated whitepaper delves into a variety of new features and enhancements, solidifying Lucky Block Casino as one of the most innovative projects in its field. One noteworthy improvement is the flawless migration from the V1 BNB Smart Chain version of the coin to the ERC20 Ethereum V2 version. Out of the original 100 billion $LBLOCK tokens, 45.1 billion have been burned, leaving 49.41 billion owned by the community and 5.49 billion allocated to staking, listings, and rewards.
One of the most exciting aspects for $LBLOCK V2 token holders is their exclusive access to jackpots that are only available to V2 and Platinum Rollers Club (PRC) NFT owners. These jackpots range from $10,000 to $500,000 and offer better odds of winning due to the smaller pool of players. Additionally, 1% of wagers contributes to the monthly jackpot pool, with the winner receiving their prize in V2, USDT, or USDC.
Staking is another enticing opportunity for $LBLOCK V2 token holders. With rewards paid out in V2, USDT, and USDC, users have the chance to earn additional benefits by participating in the staking program. The migration of PRC NFTs from the BSC chain to the Ethereum blockchain is also highlighted in the whitepaper. Lucky Block Casino will cover the estimated $35,000 cost of minting and airdropping new NFTs to existing PRC owners.
The whitepaper reveals that 20% of funds raised through the sale of NFTs will be allocated to the staking pool, further benefiting the PRC community. PRC owners will also enjoy exclusive perks, such as a VIP 15% cashback on LBLOCK wagering, exclusive access to tournaments and jackpots, and participation in lucrative loyalty and referral programs. These programs elevate the experience of PRC owners, providing them with a dedicated VIP account manager and services typically reserved for high rollers in traditional casinos.
Using $LBLOCK tokens comes with its own set of enticing incentives, including automatic entry into exclusive tournaments where players can win free spins, $LBLOCK tokens, and NFTs. Moreover, the loyalty program ensures that users are rewarded automatically while playing with $LBLOCK V2. Referrers also have the opportunity to earn up to 15% from the house edge for every player they invite to the platform, enhancing the community-driven nature of Lucky Block Casino.
Lucky Block Casino’s new team, fueled by their remarkable progress thus far, remains determined to forge ahead. Strategic partnerships are being sought to open up crypto gateways for third-party products and services, all facilitated through the use of the $LBLOCK token. Meanwhile, the development of staking pools, token dashboards, and mega casino jackpots for token and PRC holders is currently underway. Negotiations with LBank, MEXC, and Gate.io regarding liquidity provision arrangements are ongoing, indicating a commitment to enhance liquidity and expand trading opportunities.
Lucky Block Casino’s latest developments, as outlined in the updated whitepaper, showcase the team’s unwavering dedication to propelling the platform forward. The integration of the $LBLOCK V2 token and the subsequent introduction of numerous utility features demonstrate the platform’s commitment to providing value to token holders. With an ever-growing user base, strategic partnerships, and ongoing development, Lucky Block Casino continues to solidify its position as a frontrunner in the world of crypto casinos.
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