How Lucky Compares To Its Competitors
There is no doubt that online gaming makes for a very lucrative and convenient prospect, and with the advent of blockchain technology, its reach and popularity has only grown by leaps and bounds. The proliferation of a few blockchain-based online gaming ventures is well documented; a myriad of them is currently in existence, but the lingering problems bedeviling the online gambling industry and numerous challenges faced by online casinos have somewhat suffered negligence, leaving a lot to be desired on the part of the end-users (players).
They have issues bordering on trust, security, speed, reliability, and non-specificity of house edge often crop up in the literature but there is a new normal that is set to revolutionize the online-gaming industry with innovation and expertise. With a well-designed user interface and lots of fun games, Lucky is a platform that will not disappoint. It is a game changer for the online gaming industry and is an absolute treat for the enthusiast and the professionals alike.
The Lucky platform concept is unique. Unlike others, it is not just a P2P Smart Contract-Based Game, but that which is customized to suit the online gambling industry in a way that will simultaneously service third party online gambling developers, and the end-users (players).
Why Use Lucky Over Other Online Gaming Platforms?
Have you ever wondered if gaming sites are being honest? If you are playing games developed on the blockchain, you can rest assured there is nothing shady going on behind the scenes. Fairness and total transparency are built into Lucky protocol with their use of smart contracts, which is lacking in other platforms
How will Lucky Use Blockchain?
Lucky uses smart contracts, which are self-verifying rules that verify and enforce contracts. Additionally, we have developed a randomizer tool that ensures the game outcomes are equally unpredictable for all parties.
There have been issues in the past with fraud and gaming venues rigging numbers, but these tools ensure none of that sort is happening. This is our innovation and Lucky is at the center of it. Unlike other platforms, Lucky has some features that make it an admirable decentralized protocol. The protocol has no single point of failure. The process of value transfer is replaced by code consistently which is executed by the Solana Blockchain. The Solana network is a system of smart contracts that can be triggered by actions performed by only the participants. The actions correspond to the value that participants add to the system. The consistency of the codes of the protocol is a useful feature in the gambling business.
The Lucky platform achieves security of the system through cryptographic verifiability, consistency, and transparency of software used to automate processes. The process involves economic incentive and trust mechanisms for its participants. The protocol requires a fee system, but the fee is a hardcoded reward system for participants. Compared to other platforms, Lucky is fairer, faster, more efficient and more secure.
In a typical online gaming platform, players rely on a trusted third party to carry out the game. But with our concept, there is no need for trust, because we believe trusting a third party that is potentially corrupt would result in a biased outcome. Smart contracts that automatically reward all the key contributors — game developers, referrers, and operators of independent platforms necessary for the game discovery — now replace the trust a typical player had in a third party.
The gaming industry has stagnated, and the online gaming segment would likely not be much be different. A major solution to a fair gambling system that would bring it close to its future is a decentralized gaming platform.
The Lucky team hopes to champion such a system by employing their technological know-how to address the perceived issues in the industry. The Lucky system will encourage anonymity, transparency, speed, security, reliability, freedom, and flexibility, which have long been craved but missing elements in other platforms.
Why We Stands Out
The Lucky concept is unique. Unlike others, it is not just a P2P Smart Contract-Based Game, but that which is customized to suit the online gaming industry in a way that will simultaneously service third party online gambling developers, and the end-users (players).
With our P2P smart contract, from the time when the game was initiated, through to the point where your result is seen and funds remitted, you remain anonymous and secure through a smart contract with the blockchain system.
With Lucky, you would enjoy a seamless flow of gaming activity without the usual disruption. With our concept, you only need to browse the game you want, choose it, activate your wallet on it, make a deposit (through a smart contract in seconds), play and end game, then withdraw your funds to your wallet anonymously. We will offer sports betting, jackpot slot machines, poker, roulette and we are open to the development of many other games.
All the games present on the website will be provided by highly popular casino game developers and will undergo testing for all possible issues. The deposit and withdrawals policy are like that of most cryptocurrency-based gaming platforms.
Each user will require a Sollet.io wallet or a similar. Every user will be responsible for managing their private key. Withdrawals are carried out very quickly and are processed within minutes in most cases.
Decentralized technologies were born out of a need for greater data security, more openness and fewer third parties (along with the costs they add). Thanks to Lucky’s serverless platform, its use of a public ledger and verifiable smart contracts, we have removed the risk of human error or interference entirely.
No delays. No doubts. No fuss.
