Overview of Lucky Block Ecosystem
Lucky Block (LBLOCK) was launched with a mission to revolutionize the gambling industry by leveraging the advantages of blockchain technology. It is a worldwide lottery platform in which players use blockchain protocols. The network was launched on Jan 26, 2022, on the Binance smart chain. The Lucky Block team aims to provide further transparency to the crypto lottery platform where everyone has better win odds while delivering a solid investment strategy.
The company is based in the UK, and the core team consists of eight members, Scott Ryder as CEO and James Thatcher as CTO. It has a Lottery Pool for lottery functioning, a Liquidity Pool for market operations, and a Royalty Fund for NFT and gaming development.
Why Choose Lucky Block (LBLOCK)?
Though online lottery platforms are cost-effective compared to offline mediums, most of them suffer from a lack of liquidity to reward the winners, speed, transparency, and security. Therefore players who have participated once may hesitate to try for the second time. The primary mission of the platform is to overcome these issues and provide a fair, secure, and transparent system for players.
The financial and operational risk of managing a lottery platform is reduced primarily by using automated techniques and distributed databases. The fundamental features of blockchain technology, such as security, transparency, and resilience, will help for the seamless operation of the lottery platform.
Safekeeping of lottery tickets, long waits for payouts, paperwork, and inevitable other hassles of local financial systems associated with physical lottery can be avoided using Lucky Block lottery. Blockchain lottery system facilitates the tracking and safekeeping of lottery ticket numbers and a faster payout, which helps eliminate issues associated with physical lottery systems.
How Does Lucky Block Work?
Lucky Block (LBLOCK) stands to provide fairness and transparency in the lottery. Anyone who wants to participate in the Lottery distribution can buy the LBLOCK token. Players can connect their wallet (MetaMask/ Trust Wallet) and buy LBLOCK from a decentralized exchange preferably.
Users can buy LBLOCK from LBANK (CEX), but your LBLOCK token needs to be transferred to a DEX to purchase tickets from the platform. Buyers can use the same wallet to buy LBLOCK to connect with Lucky Block for a lottery ticket purchase, and $5 in LBLOCK needs to be paid for a single ticket.
Notably, tickets are available on Lottery Block’s main website and Lottery Block app, not any other platforms. There will be daily draws, and they will choose the winners using a random number generator. Importantly, all the developments associated with the functioning of the lottery are not completed yet.
Overview of LBLOCK
LBLOCK is the native cryptocurrency of Lucky Block, with a total supply of 100 billion LBLOCK. Among which 22.5% is released for presale, 10% for private sale, 20% for team allocation, 20% for partners, 2.5% for Locked Liquidity Pancake Swap, 22.5% for marketing activities, and 2.5% for the development team.
LBLOCK has the following use cases in Lucky Block: winning payout, transaction fee payment, Transaction pool management, lottery pool management, Royalty fund for NFT, and gaming. LBLOCK jackpot distributions: 70% of the total amount will be sent to the winners’ accounts. From the remaining 30%, 10% is for charity, 10% is for Lucky Block marketing, and 10% is for other token holders.
Features of LBLOCK
The platform has a minimum draw time and multiple draws per day, giving the player a reasonable probability of winning. It offers a participating chance using a minimal operational fee compared to other platforms. So players can participate more than once and have better winning odds. Additionally, the network possesses the following features:
- Instant payout to winners of each game.
- Even if you do not participate in-game, you can still receive a small percentage of winning money.
- It is a lottery platform for the people owned by the people.
- Lucky Block ensures that every operation will be smooth without blockchain fluctuation.
- The user does not need to pay any transaction fee while buying the ticket.
The LBLOCK team is planning to release the Lucky Block app. Once implemented, it will connect the wallet and manage the LBLOCK token.
Lucky Block Crypto Lottery Roadmap
The roadmap of the crypto platform is divided into four phases.
The initial phase is devoted to the development of the platform. The development phase includes the website, discord, whitepaper, and social media community development. Designing the marketing strategy, deploying LBLOCK tokens, and identifying investors for staking also comes under the same phase. Phase one is coming to an end.
The main agenda of the second phase focused on soft launch, connecting exchanges for listing, TFL campaign, and presale. Additionally, increasing brand awareness and partnership certifying the platform’s smart contract with an independent auditing service will also be included.
The third phase concentrates on listing the platform token on more exchanges, including Binance, and developing a Lottery Block app. OKex, Crypto.com, Kucoin are also under consideration for listing applications. Running Lucky Block lottery way testnet and launching Lucky Block desktop app way mainnet is central planning for the third phase.
The fourth phase is planned to increase outreach, enhancement, and cutting-edge technology inclusion. Metaverse incorporation, Lucky Block NFTs, and online gaming incorporation are significant goals of the phase. Creating and registering its own foundation for overseeing the development and adoption of Lucky Block remains an essential objective for the fourth phase.
Lucky Block Crypto Presale
Presale was started on Dec 2, 2021, and extended till Feb 1, 2022. The presale price was $0.00015. As per the press release data, 32,500,000,000 tokens were released for presale. 20-25% tokens will be assigned to the liquidity pool using a one-year smart contract lock-up of the presale launch earnings. Initial Coin Offering has ended with 350000 participants from 41 countries globally, and 1120 BNB received way presale.
Lucky Block Crypto Technical Analysis
The Lucky Block price today is trading at $0.0056 while writing. The current price is 1.27% lesser than the previous session. It has been trading in the market for the past few days only. It ranges from a minimum price of $0.0006616 to a maximum price of $0.009617. $0.009617 on Feb 17, 2022, is noted as the all-time high.
Analytics from the website shows that LBLOCK has a 5.2 Million Hard Cap and a $5.4B market cap. Lucky Block market capitalization and circulating supply are unavailable on other websites. The current Lucky Block price is 41.62% less than the all-time high price of Lucky Block.
The token surged after listing from $0.001953 to $0.009246. Coin tested the resistance at the highest price level for two days and dragged by bears for the last one week. Still, the token has performed moderately bullish within a month without a significant plummet in the chart.
The coin has only a few days past performance history; hence, finding an exact resistance and support point is impossible. An approximation shows that LBLOCK’s price has faced resistance at $0.00924 for two days and started the downward journey. A slight opposition in value is visible at $0.0059 as of now.
On the flip side, a support line is perceptible around $0.005097, and below that, support is noticed at $0.00101. The current downward journey is eyeing towards the $0.00481 zone. A bounce back from this level may also depend on other price metrics because the coin doesn’t have much trade experience.
There is no point in applying all the technical indicators since the coin doesn’t have a history. The volume provides ample support to the price movement, and the On Balance Volume indicator fluctuates.
To sum up, the current downward journey may continue for a few more days, but the LBLOCK value expects an upward movement because the Lucky Block application is planned to release in March 2022. Aggressive buyers and risk-takers may look for an early entry opportunity to invest in LBLOCK based on the support and resistance levels mentioned above.
Yearly Predictions
| Year | Minimum Price | Maximum Price |
| 2022 | $0.0009 | $0.0087 |
| 2023 | $0.0074 | $0.0093 |
| 2024 | $0.0089 | $0.0105 |
| 2025 | $0.0128 | $0.0095 |
| 2026 | $0.0099 | $0.0123 |
| 2027 | $0.0119 | $0.0159 |
| 2028 | $0.0162 | $0.0198 |
| 2029 | $0.02028 | $0.0224 |
| 2030 | $0.0228 | $0.0269 |
Lucky Block Price Predictions: 2022-2030
The LBLOCK crypto lottery project is a newcomer to the cryptocurrency market. Based on fundamental analysis and LBLOCK price metric, the crypto lottery platform gives a reasonable expectation for future value. Let us look at the long-term LBLOCK price predictions to get an insight into future prices.
Lucky Block Price Prediction 2022
LBLOCK started at around $0.0009315 in January 2022. The current price is trading at $0.0056. The LBLOCK price may extend to $0.0068 in the first quarter of 2022 and an average price of $0.0071 within the first half. Prediction data of LBLOCK foresees that bears may drag LBLOCK to $0.0058 in the third quarter, but there is a bounce-back to $0.0087 predicted by the year-end.
Lucky Block Price Prediction 2023
Lucky Block (LBLOCK) price is anticipated to begin at $0.0089 and the price may slip to $0.0074 within six months. Price predictions indicate a price rise to $0.0084 which may work as an average price for the year. The price of Lucky Block may surge to $0.0093. It may give short-term returns for token holders by the end of the year.
Lucky Block Price Prediction 2024
LBLOCK token prognosis indicates an opening at $0.0093, same as previous years, Lucky Block envisions volatility in movement. It may trade around $0.0089 in the first quarter and may have an average price of $0.0094 in six months. Bulls may initiate an upward move to $0.0105 before closing and mark a new all-time high.
Lucky Block Price Prediction 2025
Cryptocurrency markets may push Lucky Block to $0.01110 at the beginning of the year. LBLOCK coin foresees a hike to $0.118 by the initial quarter and may slip to $0.0095 in the first half. The second half may start bullish, and LBLOCK projections indicate that prices are predicted to wind up the year at $0.0128.
Lucky Block Price Prediction 2026
The Lucky Block price prediction indicates the price may start at $0.0011 in January which is also the average price of 2026. The price of Lucky Block may sink towards $0.0099 in the first quarter. Bulls may initiate a slow upward momentum to $0.0114 in the first half and sustain the move to hit $0.0123 by Dec 2026.
Lucky Block Price Prediction 2027
Projections display Lucky Block may experience a less volatile price move in 2027. Therefore the bullish price prediction begins at $0.119, slightly less than last year’s closing. Nonetheless, LBLOCK may slowly break the psychological resistance level to kick the average price of $0.0132 by the first quarter.
Bulls may drive the year with positive momentum, and the token is predicted to catch $0.014 within the first half. If a further bullish run continues, the LBLOCK price may reach $0.0159.
Lucky Block Price Prediction 2028
LBLOCK crypto coins expect a beginning at $0.0162 and may gradually cross $0.0171 within the initial quarter. Projections envision LBLOCK to reach an average price of $0.0182 within the first half and reach the maximum price of Lucky Block at $0.0198 before closing the year.
Lucky Block Price Prediction 2029
The Lucky Block (LBLOCK) price may start at $0.022 in 2029. Forecasts indicate an incremental bull run, and LBLOCK may spike to $0.0208 in the first quarter and $0.0218 within six months. Further prediction foretells the price of Lucky Block can surge to $0.0224 by the year-end.
Lucky Block Price Prediction 2030
The forecast for 2030 is slightly volatile. LBLOCK may open at $0.0232, marginally higher than the previous year’s close, and may plummet to $0.0228 in the first quarter. Traders may expect a price bounce back to $0.0248 within the first half and $0.0269 by the end of the year.
FAQs
Is Lucky Block a good investment?
Based on our Lucky Block (LBLOCK) price prediction, Lucky Block is a moderately bullish token. The above-mentioned data are informational and should not be considered investment advice since the crypto market is highly volatile. The exact prediction of future value is not possible at this level. So, own research and proper investment advice are necessary before investing or trading in Lucky Block (LBLOCK).
How to buy LBLOCK tokens?
Sign up for PancakeSwap exchange and click on ‘Connect Wallet’ to PancakeSwap. You can link the Trust or MetaMask wallets. Ensure you hold some BNB in your wallet. If not, add some BNB to the wallet. An easy way to buy Lucky Block is to enter the block contract address of LBLOCK and enter the number of BNB tokens you wish to swap for LBLOCK. You can now confirm your order by clicking the confirm tab, and Lucky Block is now added to your account.
Where to buy LBLOCK tokens?
Lucky Block crypto lottery token is listed on LBANK and Pancakeswap exchange. You can use any of these exchanges for trading your crypto.
Does Lucky Block have a future?
The crypto has been trading for four weeks in the market. It is difficult to comment about the future of a digital asset in four weeks, so invest in Lucky Block (LBLOCK) wisely. Fundamentally, Lucky Block came up with the unique idea of providing a transparent gambling platform. Lastly, as of now, the future price levels are bullish based on our price prediction.
What will LBLOCK be worth in 2022?
LBLOCK price is predicted to reach an average price of $0.0071, the maximum price of $0.0087, and the minimum price of 0.0058 by 2022 as per our Lucky Block price predictions.
