Overview

Luckchemy is a scalable and provably fair online gambling platform driven by a unique combination of off-chain cryptography and blockchain technology.

Project stage

Prototype

Detailed description

Luckchemy is a scalable and provably fair online gambling platform driven by a unique combination of blockchain technology and offchain cryptography. Luckchemy is positioned to drive large volumes at small margins through automated provable fairness. Luckchemy will utilize a combination of server seed hash and delegated Ethereum blockhash which will be combined to create a provably fair result. The process is described in details in the Provably Fair section.  

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 maximize 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.

Problem

Accessing the iGaming industry can be a daunting task, especially these days when we have a mature, better-prepared market where competition is strong and forces new gaming businesses to bring substantial quality. Additionally, we should note the increasing fragmented regulatory landscape that exists in the Western world, which will soon become the standard practice for the rest of Europe, as well as Asia and Latin America. 

And yet, it is possible to provide better gaming experiences and deliver world-class products, and this should be the main goal for any new operator that is looking to join the iGaming industry using a white label solution.

Solution

Our team decided not only to create the iGame products but to help others find their way into the gambling industry. The mix of the blockchain tech and cryptography protocol allows us to deliver simple, easy-to-run and scalable solutions at low costs. 

Luckchemy is going to obtain licenses for the main trusted jurisdictions in order to provide benefits of moving away from the increased licensing demands to an experienced team, which includes tax calculations and payments, reporting requirements, hosting and data integrations. 

Another important step in opening your own gaming website while using a white label solution is to have an established payment system that offers a great number of Partnerships and White Label options to deposit and collect money in a secure manner. And this is when the crypto currency comes with its secure and fast transactions system. 

Securing a gambling license, especially in a profitable and respected jurisdiction, is not an easy task. The best thing to do is to simply use the license of your iGaming provider, the same partner that delivers the white label solution. 

A number of front-end templates to choose from. 

Creating a new website interface takes time and money, not to mention the risks of overlooking the important details for the players. We encourage our clients to take full ownership over the final user experience and strongly advise them to build their own front-end using our newly-developed Web Client API. Thus, when time is valuable and a cost-effective solution is needed, the white label is the answer. 

We are offering flexible, fully customizable solution that allows customers to control the entire process, from design to post-launch. Our team provides expertise in tech, design, marketing, as well as delivers the best experience and even shares the opinion of the industry-leading advisors. 

If to compare with usual White label solutions, you don’t need to worry about the billing part. We already provide LUK tokens as the universal payment solution that does not involve fees for system operations (except for the gas required to supply token transactions).

Features

Provably fair games
Usage of blockchain and cryptography protocol guarantees that players are able to verify each lottery result.

Scalable and diverse platform
Luckchemy platform is aimed to offer a full suite of gambling products, with an initial focus but not limited to lottery, powerball, scratchers, sweepstakes, slots, poker.

White Label
If you need the same platform for your brand, you don't need to develop it anymore. We are ready to provide our platform for your usage under your brand for a reasonable fee.

Legally compliant games
With our Sweepstakes games everybody in the world (including US participants) can play with Luckchemy. The platform offers free-to-play scratch cards and allows to win real prizes. We plan to add in-app purchases in the future.'

Show details

Additional links

  • Token details

    • Token symbol ? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. : LUK
    • Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : 45,360 ETH
    • Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Ethereum (ERC20)
    • Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. :2,000 ETH
    • Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token
    • Total supply ? Total supply — a total amount of tokens that will be released by the developers. :1,000,000,000 LUK
    • Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No
    • Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :700,000,000 LUK
    • Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Without whitelist
    • Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No
    • Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA
    • Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :ETH,
    • Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :China, Cuba, Hong Kong, Iran, Iraq, Marshall Islands, North Korea, Samoa, Spain, Sudan, Syria, Ukraine, Virgin Islands,
    • Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :Yes
    Get details
  • Token and Funds Distribution

    Token distribution date

    NA

    Unsold tokens

    NA
      • Token Distribution

        • Funds Distribution

      Sale schedule

      Round Token Price Bonus Min / Max Purchase Soft Cap Hard Cap
      Public sale — Ended
      22 May 00:00 UTC
      20 Jul 00:00 UTC
      0.00008 ETH 20% - 40% - Uncapped 630,000,000 LUK
      Pre-sale — Ended
      30 Apr 00:00 UTC
      21 May 00:00 UTC
      0.000048 ETH No - Uncapped 105,000,000 LUK
      Private sale — Ended
      02 Apr 00:00 UTC
      24 Apr 00:00 UTC
      0.00008 ETH No - Uncapped 70,000,000 LUK
      • Team

        • Alex Tatarchuk photo
          Alex Tatarchuk
          Co-founder & CEO
        • Alex Topchienko photo
          Alex Topchienko
          Co-founder & COO
        • Mark Beck photo
          Mark Beck
          Marketing Director
        • Sergey Shkut photo
          Sergey Shkut
          Product director
        • Sergey Riva photo
          Sergey Riva
          CTO
        • Alex Evseev photo
          Alex Evseev
          Chief Legal Officer
        • Mikhail Krishtop photo
          Mikhail Krishtop
          Mobile Developers Team Lead
        • Sergey Kolesnik photo
          Sergey Kolesnik
          Senior Back-End Developer
        • Nataliia Nikitiuk photo
          Nataliia Nikitiuk
          SMM & Product Manager
        • Denys Onopenko photo
          Denys Onopenko
          Data Analyst
        • Anthony Stepovyi photo
          Anthony Stepovyi
          Product Designer & Team Lead
        • Denis Koronets photo
          Denis Koronets
          Senior Web Developer
      • Advisors

        • Brad Yasar
          Entrepreneur, Angel Investor
        • Adam Krejcik
          Principal at Eilers & Krejcik Gaming, LLC
        • Patrick Roberts
          Blockchain and Product Development Advisor
        • Chris Grove
          Gambling Industry Strategist
        • Todd Eilers
          Principal at Eilers & Krejcik Gaming, LLC
        • Masa Suganuma
          Experienced Gaming expert in Japan
        • Sameer Gupta
          Serial entrepreneur & technologist
        • Ofir Ventura
          Lawyer at Accident Lawyers Vegas
        • Brian Saslavchik
          Gaming expert
        • Richard Schuetz
          Game Industry Expert

      Roadmap

      • Aug-Oct 2017
        • Project start
        • Research and concept development
        • Team formation

        • Platform logic development
      • Nov-Dec 2017
        • Product development
        • Design
        • Client-side and server-side logic development
      • Jan 2018
        • RNG algorithm development
        • Smart contracts development
      • Feb 2018
        • Utility token integration
        • Smart contract and platform tests
      • Mar 2018
        • MVP ready
        • PR and marketing campaign
        • Token pre-sale
        • Scratch cards release
      • Apr 2018
        • Token sale start and investments attraction
        • Product development and improvement
        • Daily Lottery, Holders Draw release
        • Bounty program launch
      • May-Jun 2018
        • Company registration in Gibraltar
        • Listing on cryptoecxhanges
        • Acquiring Curacao license
        • Referal program launch
        • Feedback polls release
      • Q3 2018
        • Public version of a platform launch
        • Sweepstakes release
        • Players attraction
        • Affiliate marketing program
        • White Label API development
      • Q4 2018
        • White label solution
        • Acquiring partnerships
        • Multilingual interface
        • Secure smart contract for payment processing
        • Acquiring Malta license
        • Feedback polls
        • New games release
        • Annual report
      • Q1 2019
        • Mobile app release
        • Product Growth & Support
        • Feedback polls
        • New game release
        • Multiplayer games
      • Q2 2019
        • Launch first 3rd party content providers
        • Feedback polls
        • Billing system development
        • New game release
        • Charity incentives

      Activity