Luckbox ICO: In-Depth Review
The upcoming Luckbox ICO, LUCK tokens and their eSports betting platform explained and reviewed. Find out why this could be the hottest ICO of 2018 as luckbox attempts to launch a fully regulated eSports betting operation across all platforms. Brought to you by Pokerstars former alumni and a dream team of developers and partnerships. This one has winner written allover it, my notes are below guys...
See: https://luckbox.com/
Telegram: https://t.me/luckboxcom
Reddit: https://www.reddit.com/r/luckbox/
News: https://blog.luckbox.com/
READ THE WHITEPAPER: https://luckbox.com/docs/1181/lb-wp.pdf
Luckbox ICO Notes ===
- Goldman Sachs estimated the eSports industry at $500m in 2016
- According to Nasdaq the video game industry generates more revenue than the film and movie industry and in 2016 made 23.5B dollars in revenue. eSports is still a smallish but rapidly emerging market.
- Prize pools in 2017 League of Legends final was over 4.5M for the champions
- Dota2 held record largest prize pool in history 24.7M in 2017 at Valve’s International Dota 2 Championships
- According to Luckbox research shows that 191 million people watched esports regularly in 2017
- Luckbox will be regulated and complaint at the highest levels, including all fund protected under the gambling supervision commission, which ensures user’s money is always protected from disasters
- Luckbox will be a South African company
- Luckbox eventually plan to faciliate the trading/selling of in-game items
- Luckbox is dedicated to creating an amazing player experience and building lasting relationships over short term games
Team:
- The core team at Luckbox benefits from vast experience in the iGaming industry, working as executives, in senior product development
roles and in regulation and licensing. - CEO Lars Lien was involved in pokerstars involved in online gambling for 10 years, has a Forbes interview.
- Mike Stevens the Co-founder is another Pokerstars alumni.
- CFO Archie Watt is the previous head of egaming at KPMG.
- Lee Hills a Licensing and Regulatory Affairs guy who oversaw the first ever regulated blockchain gambling licence.
- A killer marketing team lead by James McMath an experienced journalist, editor and press officer whose previous roles include working for BBC Sport, The Guardian, The Times and AFP.
Tech Specs:
- Hardcap only $20 million. Token price not announced yet but I am hearing whispers of not more than 0.20 cents USD
- Only 9% of tokens are given to team and advisors
- CEO and founders tokens are locked up for 2 years
- Users can use the token LUCK cash, but there is another token B called LUCK profit which allows users to share in the platform profits
- LUCK cash (token A) is used by the userbase as the utility token used for gambling and purchases on Luckbox
- LUCK profit (token B) is a profit sharing token. Staked tokens accrue proportional rights to 20% of company’s net profits
- Some mentions in the telegram about the team pushing for an exchange listing
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