Lucre - Solution For the Gambling Industry

themayweatheruk (28)in #ico • 6 years ago

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What is Lucre?

Lucre is a decentralized cryptocurrency payment system based on the ETH Blockchain that is designed specifically to disrupt, revolutionize and safely simplify online and offline gambling transactions.

Conceptualized and brought to life by experienced individuals in the field, we have identified gaps in the market, pain points experienced, and created a way to overcome them.

Lucre Global is one of the developmental achievements of the blockchain industry, which has a good performance and a great idea, based on a system that allows investors to be more open with symbolic investment. As one of the first blockchain platforms to be produced, the company aims to help investors understand the economic weakness that many people around the world are experiencing in the concept of mutual support as an investment that can be traded by users on this blockchain platform. Some key points of the Lucre Global platform The point is that most of the registered investors and potential investors will start their business on the platform as a whole.

VISION FOR LUCRE

It is to make currencies a long-awaited, sought-after, safe, fast, cash-free, decentralized, and one-source global KYC solution for most, if not all, casinos, sportsbooks and card rooms.

ADVANTAGES FOR USERS

Secure and decentralized wallet / bankroll solution
Increasing the exchange rate on unemployed bankrolls
Focus on the convenience of access and use of funds globally

ADVANTAGES FOR TRADERS

Additional income streams that appreciate
Eliminating the need for large amounts of cash
Secure KYC, targeted advertisements, and customer service

ADVANTAGES FOR INVESTORS

Dynamic, transaction-heavy currency
Sustainable exponential rate of long-term growth
Excellent ROI for pre-ICO tokens and ICOs

Blockchain Technology via Mobile Phone

Lucre harnesses the power of Blockchain technology to create a completely transparent, yet speedy payment process when accessing casinos, sports books and card rooms, both online and offline. It also tackles user KYC processes, making the Lucre wallet and app, not only a safe, decentralized, single hub for player bankrolls, but also a single-login solution for all partner casinos, online and offline, across the globe; Allowing users to transact at casinos across the world with nothing but their mobile phones. Access, create accounts, and transfer funds to and from online sports books using the single KYC process Lucre creates, while simultaneously taking a step towards cleaning up the global issues with KYC legitimacy and firming up and following global anti-money laundering and legal guidelines.

Sustainability

Lucre’s marketing strategy involves creating a product that not only markets itself, but that merchants will market to users because of the features that benefit them, and users to merchants because of the ease of access and convenience it offers them. Lucre’s ongoing business strategy involves building assets like peer-to-peer betting websites (a first), peer-topeer staking and prop betting capabilities (a first), to propagate the use and distribution of LCRX. Lucre will also earn from advertising through the Lucre application/wallet.

Lucre would effectively be the only tokenized product that can bridge the gap between blockchain online vs existing industry on-ground. Potential future features would be able to let users of blockchain networks and cryptocurrency be able to seamlessly shift between platforms and use cases with perfect ease. Lucre, in effect, would take a step towards uniting the scattered, global blockchain and cryptocurrency communities - on a global scale.

ICO and Token

Lucre tokens, or LCRX, are the native ERC223 tokens created by Lucre for use within the Lucre ecosystem as well as for transactions between holders and any partner casinos, sports books and card rooms.

Lucre is capping supply at 360 Million ERC-223 LCRX. Of this, 75% is targeted for distribution and sale prior to exchange launch. Unsold tokens will be burned. Of the retained tokens, the Lucre team and resources will work off of an LCRX payment model so as to ensure dedication to the project in the long term. This includes reverse vesting and sell-off periods. This limits dumping of LCRX, adversely affecting value, while ensuring the longevity of the primary team and employees

Lucre-Global LCRX Token ICO Details

Token symbol: LCRX
Token sale date: October 1st, 2018- December 31st, 2018,
Accepted payment methods: ETH, BTC, LTC
Total taken supply: 360,000,000 LCRX
Soft cap: 4,000,000 USD
Hard cap: 40,000,000 USD
Max for sale : 259,000,000
Token Type: ERC223
Token value : 1 LCRX = 0.25 USD
Unsold Token: DESTROYED