LBLOCK is a buy because Lucky Block is likely the top NFT Competition Ecosystem globally.

LBLOCK is a buy because Lucky Block is likely the top NFT Competition Ecosystem globally.

Everyone enjoys a good competition, and the cryptocurrency Lucky Block (LBLOCK) is arguably the most well-known NFT platform on the planet. Investors and users alike have shown enormous interest in the initiative, which has even recently been listed on a number of prestigious exchanges.

Lucky Block: What is it?

The site offers a wide variety of prize draws, each with a particular price point and a range of jackpots. A real Lamborghini, $1 million in Bitcoin, and even a luxury home with a $1 million price tag are some of the most thrilling Lucky Block prizes. It would be intriguing to watch which jackpot is announced next as further competitions with significant new rewards are already in the works.

The Lucky Block website

An NFT, which is an entrance ticket with a distinctive design and number, can be purchased from Launchpad.xyz to enter each Lucky Block competition. The cost and the maximum quantity of NFT tickets are inversely proportional to the competition's potential payout. Additionally, even after a particular drawing has ended, the NFT continues to give its owner daily access to a share of the rewards pool.

Investing in Lucky Block

After announcing listing after listing on some of the largest centralized exchanges, a large number of individuals have rushed to the platform in order to take part in its illustrious lotteries because Lucky Block is chock full of enormous prizes.

Stats for LBLOCK V2 each day

This has increased interest in the LBLOCK token, and since the monthly Lucky Block burn program has been announced, the token's scarcity is about to rise, things are looking good for the digital asset. One percent of the LBLOCK supply will be burnt each month starting on September 30.

We could witness a significant run-up for LBLOCK over the coming weeks, with the release of the V1 to V2 token bridge following shortly after on October 3. The LBLOCK V2 token has seen its value rise by approximately 4% in the last day alone, and its 24-hour trading volume has increased by a staggering 35%. In the coming days, we might witness even larger jumps as the initiation of the burn program and the bridge draws closer.

It could be a good idea to store up on LBLOCK at this point because of the unstoppable excitement surrounding Lucky Block and the fact that the first burn will remove more than 35 million tokens from circulation.

Visit: Lucky Block