Luckbox LCK ICO: Fully Licensed eSports Gambling Platform?
Luckbox is an innovative platform that allows you to make bets on eSports. The platform is going to be fully regulated and compliant with all laws in gaming jurisdictions where it will operate. This will ensure that users are playing in a safe and secure environment. The players can play with fiat currency, crypto coins, and with in-game items. Those who wish to enjoy enhanced bonuses and features can convert their funds to the Luckbox crypto coin, the LUCK.
Luckbox eSports Betting
The history of eSports betting is almost as old as eSports. As soon gaming was made competitive, participants and the audience wanted to place bets on who would win. As the technology developed, online betting on eSports grew, making the crossover inevitable. While eSports gained official recognition in some countries in the early 2000s, it was only in 2015 that major bookmakers began to offer odds for such events. Initially, there were only a few online bookmakers offering odds for eSports. However, seeing the huge potential, most mainstream players began to offer eSports betting.
In spite of this upsurge, most traditional bookmakers have little understanding of eSports. The results are that most users of these major platforms are unhappy with what they get. This has thus lead to the emergence of dedicated eSports betting sites and casino, which are quite appealing to eSports fans. However, the major downside is that these platforms are not regulated, which exposes players to potentially huge losses.
How Luckbox Fully Licensed eSports Gambling Platform Works
Luckbox will let fans of games like League of Legends and CS:GO to bet on their favorite events while enjoying an eSports-themed casino. The platform will let users engage with each other by discussing various events and games.
Additionally, the platform will seek to interact with the community at all levels including support for grassroots players and the teams. The payment methods accepted on this platform will be fiat, in-game items, and digital coins.
This will let them access customers in regions where they were previously inaccessible. Users of this platform will also be able to use the token offered, which has been named LuckCASh. It will be a utility token that will let players enjoy various features and advantages.
Some Of The Problems Luckbox Wants To Resolve
Gambling in the eSports sector has grown quite a lot since its launch. However, some of the existing platforms do not have proper regulation, and some are just illegal. Without this compliance, it means that entry into app stores and payment processors is quite limited. This has meant those who would like to bet on eSports have limited access to payment options as well as the mobile experience.
Besides that, processing payments in fiat currency can be quite expensive in some regions even when it is legal. This is especially so in areas such as Africa, China, some parts of Europe, and Latin America. Further, the eSports gambling market is under-served and unregulated operators run much of this market.
Luckbox LCK ICO Details
The Crowdsale will take place in Q1 of 2018 with a hard cap of $20 million. The presale will take place on January 22, 2018, while the crowdsale will take place on February 15, 2018.