Luckchemy (LUK)

Fair Online Gambling Development Platform

Review Score
3.40/5
ICO Price
0.013948 USD
0.00008 ETH
Pre ICO Price
0.008369 USD
0.0000480007 ETH
Soft Cap
2,000 ETH
Hard Cap
45,360 ETH
Pre ICO Start Date
30 April 2018
Pre ICO End Date
21 May 2018
Start Date
22 May 2018
End Date
20 July 2018

What is Luckchemy?

Luckchemy is a scalable and provably fair online gambling platform driven by a unique combination of blockchain technology and cryptography. Our platform will offer turnkey solutions for a full suite of casino products, with lottery as our initial product and the illustrative example used in this document. Luckchemy will develop and publish products on the platform but is designed to anticipate interactions with a number of entities, including the 3rd party content providers.

Luckchemy has maintained a strict discipline of using blockchain interactions only when absolutely necessary. We will maintain provable fairness through cryptography protocol and other technologies with minimum usage of blockchain to  aximize scalability and user experience. In the long term, we intend to move our platform to a decentralized model using local hosting and multiple data centers to minimize the effect of individual discontinuation on the overall platform.

Luckchemy Tokens (LUK) are used on our platform and grant their holders access to monthly draws, funded by a minimum of 0.5% of the platform transactions, as well as the opportunities to provide direction on our roadmap.

Alchemy is a philosophical principle that has been resonating in the human psyche for over four millennia. It is a rich tradition built on the concept of maturing, purifying and perfecting humans and objects. Alchemists had carefully protected their secrets with cyphers and cryptic symbolism. Luckchemy is our modern take on this notion, as we strive to transmute and purify the existing gaming and betting paradigm into a single decentralized, trustful and provably fair system by means of modern blockchain and cryptographic technology.

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