The newly founded Lucky Block project, which allows people from all over the world to access decentralised lottery games in a trustless manner, recently launched on the popular cryptocurrency exchange LBank.
According to the Lucky Block team, this is just the first of many centralised exchange listings that are in the pipeline. As such, this will bring significant trading volume to the Lucky Block project, alongside unprecedented global exposure.
LBank Listing
LBank, which according to CoinMarketCap averages daily trading volumes in excess of $1 billion, was the first centralised exchange to list the LBlock token. This will subsequently allow investors to buy Lucky Block tokens in a more user-friendly manner.
Crucially, this is because LBank allows verified users to deposit funds via a range of convenient payment methods such as debit/credit cards and bank transfers. Since the LBank listing was announced, LBlock has since surpassed a total market capitalisation of over $750 million.
Initially, LBlock will be traded against Tether (USDT) on the LBank exchange. In the 24 hours prior to writing, LBLOCK/USDT had attracted a trading volume of nearly $900k alongside growth levels of over 25%.
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The Lucky Block Story
Lucky Block was founded in late 2021 with the overarching aim of decentralising the global lottery industry. This essentially means taking lottery games away from state-franchised bodies and back into the hands of players.
This can be achieved by bringing lotteries to the blockchain technology space. Moreover, lottery games – which will be accessible via the Lucky Block mobile app in March, will be guaranteed for their fairness through the use of smart contracts.
In terms of its native digital tokens, LBlock was…
