Friday, October 12, 2018

Lucre Token Structure & Its ICO [ Lucre Revolutionizing The Gaming Industry ]


Good Day Everyone! I am Crypto Jhin and I am here to discuss to you an awesome project that is adding value to the existing global gambling ecosystem and it is LUCRE! I will discuss to you the Technology Overview of Lucre! 

But First...

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.

And Here We Are....

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 re-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 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 promise, testing and deployment of advanced features on the app, and adoption.


My Conclusion

Hi Good Day Everyone ! It's me Crypto Jhin and I am here again to share to you an awesome project with an iconic mission ! I really see a good potential in this project and I am sure that this will be the secret recipe for an awesome gambling experience ! If you read their manifesto it is easy to understand this awesome project ! I really recommend this project to everyone that is a 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 :

BTT Name: sheynlee18
BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=2182909

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