Lucky Block Casino has recently released an updated whitepaper that introduces new utility features for their newly integrated $LBLOCK V2 token, which operates on the Ethereum blockchain. Since the new team took over and transformed Lucky Block into a full-fledged iGaming platform, the casino has experienced tremendous growth and success. With 200,000 monthly active users, Lucky Block now ranks among the top crypto casinos worldwide. The proprietary $LBLOCK V2 token has also proven its value, with $500,000 in monthly wagers being denominated in the token, surpassing the monthly wagers across all crypto platforms. In this article, we will explore the innovative features and improvements presented in the whitepaper that make Lucky Block Casino stand out in the gamification and token holder value space.
New Utility Features for $LBLOCK V2 Holders
The whitepaper outlines a range of exciting features and improvements for $LBLOCK V2 token holders. One notable feature is the exclusive access to jackpots, which are only available to V2 and Platinum Rollers Club (PRC) NFT owners. The jackpots will have prize pools ranging from $10,000 to $500,000, and the chances of winning are increased because of the smaller pool of players. Additionally, 1% of wagers will contribute to the monthly jackpot pool, and the winner will be rewarded in V2, USDT, or USDC.
Staking and Rewards
$LBLOCK V2 token holders can also earn rewards through staking their tokens, with rewards paid out in V2, USDT, and USDC. Lucky Block is migrating PRC NFTs from the Binance Smart Chain (BSC) to the Ethereum blockchain. The existing PRC NFT owners will receive newly minted NFTs through an airdrop, with Lucky Block covering the estimated $35,000 cost. Additionally, 20% of the funds raised from the sale of NFTs will be allocated to the staking pool. PRC community members will enjoy exclusive VIP perks, including 15% cashbacks on LBLOCK wagering and access to lucrative loyalty and referral programs.
Lucky Block Casino offers enticing incentives to use $LBLOCK V2. Players gain automatic entry into exclusive tournaments, where they have the chance to win free spins, $LBLOCK tokens, and NFTs. Furthermore, the platform rewards users as part of their loyalty program when they play with $LBLOCK V2. There is also a referral program that allows referrers to earn up to 15% from the house edge for inviting new players to the platform.
Continuous Development and Partnerships
Despite Lucky Block Casino’s remarkable progress so far, the new team remains committed to further improvements and expansion. They are actively seeking strategic partnerships and exploring opportunities to integrate third-party products and services using the $LBLOCK token. The team has completed several milestones, including the bridging of V1 tokens to the V2 version, integration of V2 tokens into the casino, and the relaunch of PRC NFTs. Currently, they are working on developing staking pools and a token dashboard, as well as planning to launch mega casino jackpots for token and PRC holders. Additionally, negotiations are ongoing with LBank, MEXC, and Gate.io regarding liquidity provision arrangements.
$LBLOCK V2 can now be purchased on LBank, Gate.io, MEXC, and Uniswap, thanks to the newly fueled liquidity provision. While the trading volume is currently modest at $70,000, it is expected to increase as more traders become aware of the availability of $LBLOCK V2. Lucky Block Casino also plans to pursue listings on various tier 1/2 centralized exchanges to attract new investors and increase trading activity. Furthermore, the casino aims to form global partnerships within the eSports, football, and MMA/UFC industries to expand its reach and appeal.
Lucky Block Casino has proven itself to be a game-changer in the iGaming space with the introduction of their $LBLOCK V2 token. The new utility features, including exclusive jackpots, staking rewards, tournaments, and loyalty programs, have set Lucky Block apart from other crypto casinos. The team’s continuous development efforts, strategic partnerships, and plans for future growth indicate a promising future for Lucky Block Casino and its $LBLOCK V2 token.
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