Crypto casino and sportsbook site Lucky Block made its debut this week, fueling speculations around a bull run for LBLOCK. The native token of the platform has a history of entering the $1B club in a record time early in 2022.
According to industry experts and crypto financial analysts, LBLOCK will reclaim much of its value in the coming weeks as the platform penetrates more participants.
Disrupting Online Betting with Blockchain
Custom Market Insights reveals that the global online gambling and betting market size and share revenue, valued at approximately $58.2B in 2021, will reach around $145.6B by 2030, at a CAGR of 12% between 2022 and 2030.
Judging by the new trends, crypto platforms will drive the growth of the industry with increased transparency. They are more popular than ever, thanks to fair operations and instant payouts. Lucky Block aims to step up the industry with new crypto-powered functionalities.
Although Lucky Block was launched less than a year ago, it has gained a strong foothold in the gaming industry. Lucky Block games are popular for their diversity and impressive returns. The gaming website is featured in leading publications, including InsideBitcoins, Cryptonews, and Business2Community. Lucky Block holds a Curaçao License issued by the Curaçao Gaming Control Board. High-profile sponsorships of boxers like Dillian Whyte, Florian Marku, and Savannah Marshall also add to the credibility of the platform.
Ease of Use and Transparency Define Lucky Block
The blockchain base of Lucky Block makes its operations highly transparent, which is hard to come by in both online and offline gambling and betting platforms. The excellent user experience on the platform also gives it a competitive edge.
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Lucky Block charges no fees on deposits or withdrawals. But you may have to pay network transaction fees while making deposits with the platform, depending on the crypto in question. Withdrawals are fast and easy, unlike legacy platforms. More importantly, the onboarding process is hassle-free, even if you are a crypto novice. You just need to enter your email and password, fund your wallet and that’s it. You are good to go.
The platform will support nine cryptocurrencies, including Bitcoin, Ethereum, Tether, Litecoin, and Dogecoin in the initial stage. Interestingly, it doesn’t place a limit on bets or withdrawals. Players have full control over their activities on the platform, making it one of the best crypto and bitcoin gambling sites in 2022.
Lower Entry Barriers
The registration process on Lucky Block is easier when compared to other crypto and traditional sports betting platforms.
If you don’t have cryptocurrency, you can buy them directly from the platform using a fiat credit or debit card. Wire, Apple Pay, and Google Pay will be integrated into Lucky Block soon. Users will be able to use LBLOCK as a payment method too, driving its demand and price.
When you place a bet on Lucky Block, the amount shown is converted into fiat. It gives you more clarity about the stakes and the prize pool. Lucky Block Casino and Sportsbook are accessible to users from most countries. A few countries like the US and UK are geo-restricted, however. You must have attained 18 years of age to use the site.
Lucky Block supports 35+ real sports and 15+ esports games, which offer thousands of betting markets to choose from. It also features gambling favorites like slots, poker, live casino, and table games.
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A Good Crypto Investment for 2023
Lucky Block (LBLOCK) is an excellent cryptocurrency investment for 2023, factoring in its utility and market relevance. The presale of LBLOCK tokens that began on 1 Dec 2021 ended 11 days before the closing date on 1 February 2022 due to high demand from the gaming community. It raised $5.7 million in total.
LBLOCK also witnessed huge demand on the public launch, in contrast with the broader market. Although the token has lost a large share of its value in the LUNA and FTX crashes, the launch of the new crypto casino and sportsbook site is predicted to reverse the losses.
LBLOCK is now available for purchase on top-tier centralized and decentralized crypto exchanges, including Gate.io, MEXC, and LBank. Lucky Block has launched a $10,000 LBLOCK Airdrop, open to users who deposit and wager any amount on the platform. It will go live in December. In addition to that, there will be a 15% cashback on any losses made in the first seven days after registration. More bonuses await high rollers.
