This crypto project offers the current highest price in the industry
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
Crypto projects are coming up with new ways to reward users. While previous investors may have only seen value increase through holding tokens or betting, there are now many new ways to generate income. Many projects do just this – reward users in interesting ways while doing things they enjoy.
One of these projects is LuckyFi, which offers various types of prizes to users on the platform. The project has been in the headlines because it recently began offering what is currently the highest price in the industry.
What is LuckyFi all about?
Built on the Binance Smart Chain, LuckyFi is a Web3 marketing platform that uses Chainlink’s Verifiable Random Function (VRF) to provide fair and transparent activity tools. Through this, users have the chance to win valuable NFTs and tokens at great prices.
LuckyFi is also hosting a $100,000 dollar prize which is currently the largest prize in the crypto industry at the moment. There is a 1 in 10,000 chance of winning this prize and the competition ends in approximately 50 days. Each entry ticket is worth 0.05 BNB, with a total of 10,000 tickets available.
The team is very keen on the platform being transparent, hence the use of Chainlink VRF. All the results of the competitions can be verified on the chain and the winner selection process is also fair as it is based on algorithms. Participants can be sure that the selection process is fair.
The platform’s native token is LUCK, of which there is a total supply of 100 million. 30% will be allocated to the token sale, which amounts to t o30 million tokens. The token is primarily used to pay the costs of creating activities.
In short, LuckyFi helps solve fairness and transparency when it comes to marketing activities for projects and communities. This will be important as the development of Web3 becomes more common. In addition, it also gives users the opportunity to harvest high-value NFTs and tokens at very cheap prices.
LuckyFi’s Luck-Point Prize Pool
One of the more interesting features of LuckyFi is the Luck-Point prize pool. Here there is a total supply of 30 million LUCK, with the starting prize of 30,000 LUCK per day. After this, the premium is reduced by 1% per day.
The day is distributed based on the players’ lucky points – and remember that 1 BNB equals 100,000 LuckyPoints. These points will accumulate in the users account until they win a prize, after which it will reset to zero.
The end result of this system is that the more players participate, the more they win. It’s a win-win for everyone involved. There are also paid and free raffles, where all players have to do is connect to their wallet, draw activities and hopefully win a prize.
LuckyFi introduces important Web3 marketing solutions
The crypto market continues to see innovations that offer all kinds of interesting ways to engage with audiences. Platforms like LuckyFi are some of the best examples of how the marketing industry can also harness the potential of the technology, providing users with unique ways to earn rewards. If you want to learn more about the project, check it out LuckyFi white paper.
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