Hotly-tipped crypto lottery Lucky Block raced to a $140 million valuation within days of its launch, and is now targeting a Binance listing in February.
The blockchain-based lottery platform, which gives players better odds and more transparency than traditional lottery games, also oversubscribed its presale and hit its hard cap 11 days earlier than predicted.
The crypto-powered ‘People’s Lottery’ raised $5.7 million from investors in its presale.
Lucky Block’s completed CoinGecko and Coinmarketcap listings saw it valued at $140 million within two days of its trading debut – and it’s since grown to $200 million.
Further upward price pressure is expected on its total supply of 100 billion tokens.
Just over 24 hours from being listed on decentralised exchange PancakeSwap, the price reached $0.001238 – a gain of 854% for investors who bought in the presale at a price of $0.00015.
Buyers who took advantage of the second presale price of $0.00019 are sitting on a 653% gain, Lucky Block says.
Lucky Block completed its presale with 8,611 holders – a figure that has since topped 17,000 – as it looks to start trading on centralised exchanges FTX and Crypto.com.
The lottery platform is promising to disrupt the $300 billion global lottery industry – giving 10% of ticket sale revenues to charities and offering players better odds and more chances to win.
All holders of the LBlock token are eligible for dividend payments whether or not they buy lottery tickets.
Lucky Block has given $5,000 to the British Red Cross as part of its ongoing commitment to good causes – a first for a crypto project.
Credit: Unsplash
It also boosts its environmental, social and governance (ESG) credentials by running on the energy-efficient Binance Smart Chain, and gives every holder of its token a stake in the lottery.
Commenting on the launch, Lucky Block’s chief executive officer Scott Ryder said: “Achieving a market cap valuation of more than $140 million after raising $5.7 in our presale is an achievement that sets us on a path to hit all our roadmap milestones as we set out to challenge the traditional lottery operators around the world.
“We are now looking to roll out our – up until now – largely UK-focused outdoor advertising campaign to other global cities, as we pursue listings on major crypto exchanges.
“We should be on FTX and Crypto.com fairly soon, with Binance to follow, although we can’t say too much about that just now. Our social media channels will keep everyone up to date.”
James Fennell, chief strategy officer of Lucky Block, commented: “We think that it is time to turn the promise of blockchain and so called ‘Web 3.0’ decentralised networks into a reality at the level of consumer mass adoption.
“At the moment we are working hard to deliver on our vision for a global lottery open to all and owned by its players.
“Key to realising that strategy is our app launch in March. The app will make playing the lottery and tracking winnings easy, as well as being the place where token holders can see their dividend payments compound and track the passive income they are earning.
“As we continue to build out our offering, which at a later date will include gaming, NFT and metaverse products, we will work towards achieving one of our other strategic goals – advancing our mission to transform philanthropy, in part through setting up our global not-for-profit Lucky Block Foundation.”
Full information about Lucky Block can be found on the official website: luckyblock.com
Featured image: Unsplash
Business
Chester Zoo is looking for volunteers to help care for its animals and ‘prevent extinction’
Emily Sergeant
Are you ready to help make a genuine difference? Chester Zoo is currently looking for volunteers to help care for its animals.
The UK’s biggest charity zoo is committed to the recovery of endangered species around the world, and is making a hugely significant contribution to conservation at a time when it’s needed most… but it can’t do this alone, and that’s why it’s calling on people to volunteer and spend a year of their education gaining ‘invaluable’ work experience.
Chester Zoo is offering a number of year-long Animal Husbandry Voluntary Work Placements for those currently studying for degrees relevant to the industry.
During these placement years, candidates will get comprehensive practical training by Chester Zoo specialists covering a wide range of subjects, and receive on-the-job experience in the husbandry of the species they’re working with, taking on plenty of hands-on husbandry tasks along the way.
Chester Zoo has been named the best zoo in the UK for 2024 / Credit: Chester Zoo
Candidates will be assigned to one of the animal keeping sections for the year – specialising in either birds, mammals, reptiles, amphibians, or invertebrates.
The ideal candidates for these placement years will have an interest in all aspects of animal husbandry and the work of Chester Zoo, an ability to work as an individual or as part of a team, excellent communication skills, and have the ability to financially support themselves for the duration.
The working hours for placement volunteers will be full-time, working five days out of seven, including alternate weekends, on a rota basis, but it’s worth it as Chester Zoo says many of its past placements have gone on to follow careers in zoos.
Full uniform will be provided by the Chester Zoo, along with free lunch vouchers for the days you attend.
The news that Chester Zoo is seeking volunteers comes after it was also announced that the zoo is giving out more than 30,000 free tickets to children, offering them the chance to visit the incredible facilities on offer without having to spend a penny.
Applications for the positions are now open, and applications from individuals living outside of the UK are welcome, but they will be expected to fund your own travel and relocation costs if successful – with the closing date being 10 March.
Assessment days for the placements are anticipated to take place on 4 or 11 April, and you can find out more and apply here.
Featured Image – Chester Zoo
Business
Sneak peak inside swanky new homes ready to rent in an up-and-coming Greater Manchester town
Emily Sergeant
Dozens of swanky new homes are now available to rent in an up-and-coming Greater Manchester town.
A collection of exciting first look images have been released of the new homes.
The reboot of the former derelict market precinct in the suburban Bolton town of Farnworth is being spearheaded by Capital&Centric, and the social impact developers behind the project are now giving prospective renters a sneak peak into the developed.
Dubbed Farnworth Green, the new community consists of 97 rental homes, made up of a super energy-efficient range of townhouses and apartments.
The development will be comprised of a mix of one, two, and three-bedroom properties, with 85 stunning apartments and 12 family homes – all of which have been designed with the same high-quality features that are usually reserved for Capital&Centric‘s city centre spaces.
Designed for renters, the dozens of new homes come with even more living space, as well private gardens to be enjoyed when the sun makes an appearance, and potting sheds for all the green-fingered people out there.
Residents will also have access to the exclusive rooftop garden, gym, lounge, co-working spaces, and dog washing stations for their four-legged friends.
The two-bed apartments are packed with Scandi-designed HAY furniture and massive floor-to-ceiling windows to flood the rooms with light, while the the top-spec kitchens are kitted-out with all the mod-comms and latest appliances you would expect.
The new townhouses, on the other hand, will be the first to be delivered under the developer’s ‘Neighbourhood’ brand.
Pioneering new homes at Farnworth Green are now available to rent / Credit: Capital&Centric (Supplied)
This includes Bolton’s first-ever operationally net zero homes, aiming to ‘slash’ energy bills for residents.
A raft of independent bars, eateries, and shops will also be taking shape on the ground floor of the community hub, giving locals and residents a place to meet up and enjoy seasonal outdoor events that will be planned once the neighbourhood is up and running.
Residents will also be able to spend time in a brand-new public square at the heart of the community, which will play host to artisan markets, art shows, and foodie pop-ups.
A collection of exciting first look images have been released of the new homes / Credit: Capital&Centric (Supplied)
“We’re buzzing to see the new homes come to life at Farnworth Green,” commented Tom Wilmot, who is the joint Managing Director of Capital&Centric.
“Farnworth Green is all about creating new and exciting spaces for businesses and the community to spend time in, as well as delivering a pioneering new town centre living experience and giving disused retail areas a new lease of life.”
The Manc -
1st February 2022 
