At least in terms of popularity, that is. There are thousands of games and lotteries you can take part in online, and online gambling is extremely popular across the country. Some are taking off among young and old alike for their exciting possibilities.
In particular, crypto-based games and lotteries have been growing in popularity recently. And one, in particular, has been coming out on top in participation ratings since it came onto the scene just a couple of years ago. Let’s take a closer look at the phenomenon that made the number one slot last year among players and see its popularity.
Table of Contents
How did Lucky Block come about?
Having just come out in 2021, Lucky Block is part of the new trend in crypto-based lottery systems. Blockchain-based games are similar to other blockchain functions in that any specific person or place does not control them but are fully open and decentralized. This is the reason for the invention of Lucky Block. Founder Scott Ryder noticed a lot of issues with transparency and fraud among online and traditional gambling platforms and wanted to address them.
Lucky Block has also come out with its own NFT (LBLOCK). NFTs are an exciting prospect in gambling because they help eliminate many risks associated with making traditional bets. NFTs are fully encoded with the owner’s information, so they cannot be tampered with or altered. This provides players with an extra sense of security when they play. LBLOCK uses an advanced ledger system so that payouts can be completed faster than other methods.
These NFTs are part of the larger trend in online casinos, which is becoming increasingly popular, particularly in the pandemic era. You can find a wealth of online gaming resources at Philippines online Casinos for information about games and lotteries across Indonesia.
Tokens that are both limited and profitable
Another interesting feature of Lucky Block NFTs is their limited number. For example, there are only 10,000 available in the Platinum Rollers Club, which is not due to expansion. The Platinum Rollers Club gives owners access to rare coins, although purchasers often do not know the coin’s value until they purchase it. Sometimes buyers are surprised by making big earnings upon purchasing a coin.
Lucky Block holds competitions regularly. Holders of the NFT can enter competitions by different means, including through Twitter, Instagram, Telegram, Reddit, and other platforms. Jackpots are announced in advance, giving participants time to send in their requests. Once the entire selection of a given coin is sold out, winners are announced, and prizes can include anything from cash to new homes to luxury vacations.
How to buy a Lucky Block NFT
You can buy a Lucky Block NFT using the following few simple steps:
- Get a MetaMask Wallet. Lucky Block works only through MetaMask, so you must install it on your device.
- Be sure that you have Wrapped BNB. Wrapped crypto is crypto pegged to the value of either other cryptos or other types of assets, and it is considered more widely applicable across different platforms. It is necessary to use Lucky Block.
- Find the Lucky Block launchpad. It is there that you will be able to purchase your NFT.
Is it really legit?
There was scepticism about the use of NFTs for online betting when they first came out. Some critics thought it might be a big scam, and others believed it was simply too untried of a method to be stable.
But users are proving the critics wrong. People continue to invest in Lucky Block in increasingly large numbers, and it is due to peak value around 2026. Lucky Block could become a trendsetter in this type of NFT, as gambling is an age-old pastime that is not going anywhere any time soon. And with the safety and security of fully-encoded NFTs, the idea should appeal to innumerable online participants.