Lucky Block is setting the pace as far as cryptocurrency rewards are concerned. The platform is unveiling new rewards for users this month through daily prize pools. The upcoming May giveaway will be the first-ever free-to-enter jackpot prize that offers rewards to token holders and charity organizations.
A $2.37M main prize pool
Lucky Block’s LBLOCK token launched recently, and so far, it has recorded around 52,310 token holders. Lucky Block seeks to attract a larger audience through the soon-to-be-launched free daily jackpot prize. The entry to this jackpot will offer both free and paid options.
Lucky Block’s jackpot targets expert cryptocurrency traders and those operating in the traditional sector. The advantages offered by the prize pool are enticing to crypto-specific audiences and those familiar with traditional giveaway platforms.
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Lucky Block has brought transparency to this initiative by employing the Chainlink VRF services. This service will provide a verifiable source of randomness, ensuring the winners of the jackpot are selected in a free and fair manner.
This initiative’s main prize pool draw has been currently set at $2.37 million. The jackpot will go to both token holders and the selected charities. 10% of the jackpot will go directly to charity, while another 10% will be distributed to LBLOCK token holders, depending on how much they hold. This offers utility and other additional benefits to the holders of this token.
Another 8% of the prize pool will go towards marketing, while another 2% will be directed towards a separate Lucky Block NFT prize draw. The funds used for these prize pools are derived from a 12% tax of the LBLOCK sales made on decentralized exchanges – another incentive to hold.
A $1M NFT prize draw
Besides the main prize pool, there is also the anticipated launch of the NFT daily draw. To participate in this draw, an individual must own at least one out of the 10,000 limited edition Platinum Rollers Club NFTs.
These NFTs offer utility because they provide a lifetime free entry ticket to the daily NFT draws. Owners of the NFTs will also be part of a special one-time giveaway draw where they have a chance to win $1 million. That $1 million giveaway draw will coincide with the launch of the main draw this month.
The Platinum Rollers Club NFTs are attracting much interest, and more than a quarter of them have already been sold. Once all the NFTs have been sold, another prize of a £270,000 Lamborghini will be awarded to one NFT holder.
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Cryptoassets are a highly volatile unregulated investment product.
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