LUCRE

INTRODUCTION

A blast has knocked the investment market which we are not going to overcome of. Crypto investment is that blast. While Bitcoin acquired by many has gained legitimacy among millions together with Ethereum, It is centralized and seems to offer a one-dimensional approach to cryptocurrency market but not rendering a comprehensive solution to the widespread problems that blockchains and cryptocurrencies face. Cryptocurrency has been able to present a comfortable to use the digital option to fiat currencies. Offering frictionless transactions and inflation control, investors have been reasonable enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not factor a systemic risk. Cryptocurrency, also known as digital assets, trading is the buying, selling or holding of cryptocurrencies such a Bitcoin (XBT), Ethereum (ETH), Litecoin (LTC) amongst others, with the aim of generating a profit from short, medium or long-term fluctuations in their prices.
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.

Using Lucre, the gambling world, whether online or offline, will never be the same again.
 
Token Structure of Lucre
 
 
THE TOKENS
Lucre will create 360,000,000 LCRX ERC223 Tokens. Lucre will never create more tokens. 259,000,000 LCRX will be offered for sale, including bonuses. Unsold tokens will be burned live. While this number may seem large, this is actually a very limited supply in the open market, while large enough to ensure low entry and ongoing sustainability and creation of value that can be directly driven by users, acquisition, usage, and adoption. The LCRX Tokens will be used to access certain features of, and to reward contributors to, the online platform once it is developed and in operation. They do not represent an equity or other interest in the business of Lucre. The LCRX tokens are not backed by any physical or other assets.
 
THE TOKEN DISTRIBUTION
Retention of LCRX tokens by Lucre is not intended for Pre-sale, but to facilitate soft distribution in form of payments to team members, partners, freelancers, and employees. As this is a utility token, this ensures the frequent distribution of a small percentage of tokens into the market, while also ensuring everyone involved in the Lucre project is always incentivized to work towards its success and longevity.
 
The ICO
 
THE ROLLOUT PLAN
Lucre is staging an ICO for crowdfunding and disbursal of LCRX tokens - post completion of all legal processes and company registrations. Until the commencement of the ICO, Lucre will be in a private sale phase. There will be a month-long ICO held in a total of 5 stages, each of which will have different bonus structures and price points for tokens. As the Lucre team is already testing the MVP, connection and launch on an exchange will immediately follow ICO, with no lag between the ICO process and go-live date.
 
PRIVATE SALE
Lucre will begin private pre-sale on July 1st, 2018 and close the sale at a point where $1,000,000 or equivalent is raised. Lucre will redeem funds to complete the last leg of development, all legal processes, pre ICO marketing campaigns, as well as testing and auditing of Lucre's main functions in order to be ready launch post-ICO, tentatively in December 2018. Lucre is already working with exchanges to create secondary touchpoints for LCRX users.
 

 
PUBLIC SALE
The Lucre ICO will be held immediately after completion of our legal processes. This will tentatively be in September 2018. The Lucre (LCRX) public token sale will be the largest and last distribution of LCRX ERC20 token in an ITO format, and our primary goal is to distribute LCRX globally so that it promotes a fair and effective distribution. The LCRX token will be available to interested parties in stages at varying price points, depending on when the tokens are acquired.
The funds raised during ICO public sale will hold Lucre in good stead for a duration of time post-ICO. This includes large-scale marketing and dev efforts to ensure delivery on the promise, testing, and deployment of advanced features on the app, and adoption.
 
 

My Conclusion

This awesome project! I really recommend this project to everyone that is gambling investors and also giant investors! This project might not be the top right now but I know in the future this project will catch the eye of every crypto community! That's all and thank you so much for giving your time to read my article!
 

If you want to know more about this project and you have some questions or you are already interested to invest in this project just check out these links below :

 
 
Author: walesodiya
Medium: https://medium.com/@walesodiya
Email: walesodiya@gmail.com
LinkedIn: https://www.linkedin.com/in/wale-sodiya-4595a1164
BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2160355

Comments

Post a Comment

Popular posts from this blog

Bluenote - Project Overview

Image
Introduction The real essence of blockchain and cryptocurrency is to distribute decision-making powers from central authorities and big powerhouses through decentralization. One of the more interesting features of cryptocurrency is that it can't be controlled by any middlemen or authorities. On platforms like Bitcoin network where the framework is peer to peer, the transfer of real value does not require the contribution of any central power, since exchanges are approved by a distributed set of miners that exist on the system. Sadly the concept of decentralization which exists as the basis of cryptocurrency has not been completely adopted in cryptocurrency exchanges. Majority of popular exchanges with massive trading volumes are designed on centralized framework rather than on decentralized framework.  While blockchain technology has been remarkable for business and administration because of the level of transparency and security, it is still up to cryptocurrency exchanges an...
Read more

ZooomEx - New Cryptocurrency Exchange

Image
Presentation Blockchain has made it conceivable to issue practically all benefits through the dispersed record structure. With the assistance of digital money tokens, these advantages can be given monetary incentive to begin and approve some value-based procedures. A few on-chain conventions have been created by various new companies and organizations that were built up to make blockchain-based arrangements. On this event, I will give fascinating data, particularly in the realm of Cryptocurrency. This ICO undertaking identified with the universe of exchange and speculation called Goldenugget is a mix of decentralized blockchain innovation. Prior to the talk, it's a smart thought to peruse surveys that can help get data in observing their vision and mission. Ideally this data, obviously, will give you a little knowledge and enthusiasm for engaging with the ICO ZooomEx venture. ABOUT ZOOOMEX EXCHANGE ZooomEx is another Cryptocurrency Exchange Platform made with the sole p...
Read more

AmaStar

Image
INTRODUCTION Today I will be elaborating on a very new project, a new platform with huge potential, something extraordinary deemed to change or make reforms in the blockchain. Blockchain is gaining momentum in today's world and despite all the benefit of the blockchain, there are shortcomings. The current blockchain network comes with big computational overhead and low finality, network architectures cannot handle billions of interactions that IoT device makes every day, Issues of a low amount of transactions at a time and expensive transfer cost. The current blockchain has been plagued by all these issues and massively requires a reform Hence,  AmaStar designed to address all these shortcomings effectively, its solution offers highly scalable features to organize information received on its network. The high level of anonymity provided by the cryptocurrencies has opened gateways for increased traffic and acceptance of the porn services throughout the world. The porn i...
Read more