LuckyBlock one of the Fastest Growing Cryptos by New Holders in Feb 2022

(MENAFN- Finixio) Since launching on PancakeSwap on 26th Jan, LuckyBlock attracted 24,657 new holders in February alone. At the end of February Lucky Block had 41,435 holders.
The increase achieved in February for new holders is greater than for popular DeFi coins Uniswap and Aave as well as metaverse coins Decentraland and Sandbox.
The lottery platform bills itself as the People’s Lottery because of its unique token distribution mechanism, which means all token holders receive a token distribution from the lottery jackpots.
At the center of Lucky Block’s appeal is not just its utility as the only currency that can purchase lottery tickets, and the many benefits a blockchain system has over traditional promoters, but also its unique token distribution system.
Every time the token is sold on an exchange a tax is paid, amounting to 12% of the sum being transacted, of which 4% goes directly into the lottery pool for prizes. The lottery pool is now valued at nearly $7 million.
To date, all of the funding for the lottery poll has come from the tax on the Pancakeswap decentralized exchange.

App beta testing to start on 7 March
Last month the team announced on Twitter that beta testing of the Lucky Block mobile app will begin on 7 March, two weeks before the app is scheduled to launch on 21 March.
The first lottery draw is scheduled to take place on 25 March.
Lucky Block began trading on the PancakeSwap decentralised exchange on 26 January and was listed on its first centralised exchange – LBank – on 11 February.

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