Luckchemy

LUCK CHEMY

This is scalable and provably fair online gambling platform driven by a unique combination of block chain technology and off chain cryptography to provide a full suite of gaming products.

PROS:

• The platform enables the users to easily find their way into the gambling industry and the technologies behind the platform allows it to offer simple, easy to run and scalable solutions at lower cost
• The platform  obtains licenses from main trusted jurisdictions  enabling it to provide full benefits through the elimination of increased taxations, licensing demands and reporting requirements enabling easy operations
• The platform promotes secure  and faster transactions as the platform enables the users to open their own gaming website using a white label solution which has established payment system  and the white label option collects money securely
• The LUK token which is used as a universal payment solution  doesn’t involve any fee for system operations enabling users to easily use the platform
• The platform customizable solutions enables the customers to control the entire process as the LUK holders may provide their opinion on the platform development  and new games
• The platforms involved team is experienced and passionate about revolutionizing the gambling industry  through the engaging  and memorable experiences for players

CONS:

• The platform lacks a mobile application supported by Android which enables its usage in all areas
• The LUK token is not involved in the pre-sale stage to raise funds  for the project  implementation
• The platform white paper doesn’t properly highlight the values driven from the LUK token and  other its use with other crypto currencies

SUGGESTIONS:

• The  experienced platform technical team should generate a mobile application supported by Android to enable its usage in all areas
• The platform LUK token should be involved in a pre-sale stage to enable it to raise funds for the project implementation
• The white paper should be made more simple and elaborate to enable users to easily relate the use of LUK tokens

NOTE:

Despite the use of the current technologies in the platform operations it is likely not to generate higher returns as the industry is easily affected  by the laws  and  regulations imposed by different states, this prevents me from investing in it.

Project strong sides: fairness in mechanics; partnership program.

Project weak sides: typical set of declared games; no deep marketing research and competitors’ analysis.

So our position is negative.

Luckchemy strives to transmute the existing gambling paradigm into decentralized, trustable and provably fair system. Their team is passionate about revolutionizing the gambling industry by creating engaging and memorable experiences for the players. With a sound business plan and an exciting marketing strategy, they are poised to take on the booming gambling industry.