panjilaras: ICO Review LUCRE

LUCRE

Adding value to the existing global gambling ecosystem

About Lucre Global

Lucre will leverage today’s Ethereum-based Blockchain technology to be future-ready and build further operational efficiencies in the gaming industry of tomorrow.

We will provide gaming establishments and sports books with a transparent, secure system for (i) Identity Management through a single KYC and (ii) a cashless/online payment system.

Financial transactions like cash-ins and cash-outs will be taken online through the Lucre website/App, converted to Lucre tokens or LCRX – giving the user an option to grow his/her money as the value of LCRX appreciates with further adoption and use within the ecosystem.

Lucre will give gaming/gambling establishments as well as their patrons access to an ETH-based, cashless payment system in an auditable, transparent and secure way on Lucre’s distributed ledger. In addition, (iii) our platform will also aggregate betting odds from multiple Sports Books to provide users a range of betting options allowing them to place wagers from the Lucre platform.

All this will be built on a permissioned Blockchain, for immutable Identity Data Management, digital tokens for payments, incentives and fees in the ecosystem.

The system will moreover allow other software specialists to build applications on top the existing system to complement and improve the user experience. This current build will not be hindered by any of these additions.

During phase 2 of operations, Lucre will also bring security and capability of the Blockchain to hardware, merging with technology made popular by Fintech, in to casino cages, table games, player bands and rings, and everything tomorrow’s IoT can deliver.

Lucre will offer a turnkey service to assist in easy implementation by partner Casinos and Sports Books with the least impact upon existing operations.

The Lucre platform is built to address the various pain points experienced by gaming establishments, sports books, and end users/patrons. We are not seeking to re-invent an already well-oiled system, but simply adding a layer of convenience, transparency and safety to it, in the interest of the establishments and patrons.

Flexibility and security are incredible advantages that will come with the use of a decentralized system such as Lucre. In addition, the Blockchain enables independent, decentralized transactions, giving the users control and freedom over their finances.

OUR VISION FOR LUCRE

Is to make this the long-awaited, sought-after, safe, quick, cashless, decentralized, currency of choice and a single-source global KYC solution for most, if not all, casinos, sportsbooks and card rooms.

Interactive Wallet

Use the Lucre wallet to perform peer-to-peer transfer of funds, deposits to casinos, sports books & card rooms, and withdraw winnings.

Universal KYC

The Lucre website and app will act as a Universal KYC, eliminating the need for multiple stages of hurdles across all online and offline merchants.

Secure Betting

Lucre will allow users to perform peer-to-peer and proposition bets across all major events while securing funds in a dependable, transparent escrow.

ADVANTAGES TO USERS

Secure & Convenient

A secure and decentralized wallet/bankroll solution with Improving exchange rate on idle bankroll, and Focus on the convenience of access and use of funds across the globe.

ADVANTAGE TO INVESTORS

Sustainable & Long-Term

A dynamic, transaction-heavy currency that provides

Exponential levels of sustainable, long-term growth, as well as an excellent ROI for pre-ICO and ICO tokens.

ADVANTAGE TO MERCHANTS

Profitable & Safe

An additional revenue stream that appreciates,

Eliminates the need for large amounts of cash on-hand, and a Secure KYC, targeted advertising and customer service opprtunity.

LUCRE IS POSITIONED TO BE FIRST OF ITS KIND TO TAKE ON THE GLOBAL GAMBLING MARKET.

SUCCESSFULLY.

Per the Casinopedia trends for 2018 – identified after reviewing 450 million gambling transactions – there are 5 major points to note – Allowance for self exclusion, the Rise of Mobile, More stringent Responsible Gaming enforcements, Stricter Fraud Prevention, and customers being tired of multiple KYCs and delays in being able to access and log into multiple accounts. Using Blockchain, Lucre will take steps to address all these major concerns in a trustless, secure and effective manner.

Using LCR = Less risk. Less demand for cash. Less fraud. Fewer inconveniences.

Simultaneously, larger market. More players per region. More revenue for merchants. Better customer service. Better Advertising. And a cashless, trustless, pseudonymous economy and ecosystem that is, contrary to first impressions, stricter on AML/CTF guidelines, identity management, and unregulated gambling.

CURRENT PROBLEMS WITHIN THE ECOSYSTEM

ENFORCEMENT OF STRICTER KYCS, RESPONSIBLE GAMING, AML/CTF GUIDELINES, & FRAUD PREVENTION

Because regulatory requirements and processes are scattered, online and ‘cheatable’, merchants spend large sums of money annually to re-administer KYC processes, while simultaneously inconveniencing customers with them being long, difficult and frequent. Being an identification process, disconnected from funds transfers, this also makes it virtually impossible to trust for identity management, fraud, and AML/CTF protocols. Per Casinopedia research published, it is also a major pain-point for customers that they would like to see changed in 2018.

LOGISTICS & SECURITY CONCERNING MERCHANTS AND PLAYERS DEALING PRIMARILY IN CASH

It’s often joked that the most likely place one can be mugged is while entering or exiting a casino. The simple reason is that the industry predominantly functions on cash. This is not only an obstacle against unregulated gambling but also a security concern for both merchants and customers alike. Events like the World Series of Poker draw 105,000+ entrants a year and pay out over a billion dollars in winnings over the course of a month – where entrance fees cost anywhere from a few thousand to over a million dollars in some tournaments. Currently, there’s no centralized payment solution in existence capable of funds transfers of those volumes instantly.

HIGH PROCESSING & TRANSFER FEES, GEO-ISSUES INVOLVED IN CENTRALIZED WALLETS FOR ONLINE TRANSACTIONS

While players can use existing wallets (Neteller, Skrill, PayPal, etc.) for online transactions at merchant websites, they are expensive and come with geographical restrictions. Players currently have no single-wallet solution that can not only aid in streamlining the login and funds transfer processes but act as an effective, sustainable and cost-effective alternative for

bankroll management. A professional sports bettor who uses different books or online casinos would require multiple accounts, painstakingly created, and fund them through multiple wallets, effectively losing upwards of 10-15% overall in just processing fees and exchange.

USING LUCRE AS A SOLUTION

LUCRE CAN CIRCUMVENT ONLINE AND OFFLINE CHANNELS.

The ability to use Lucre as an advertising platform to players on a global scale (something that is currently unavailable because of the regulatory and safety issues in the open market.) The expense, resources, and time – and invariably inability to ensure fool-proof KYCs will be deferred to Lucre. They will be able to accept players and funds from across the globe.

LUCRE EFFECTIVELY ADDRESSES REAL-WORLD, ON-GROUND PROBLEMS

A consistent revenue stream through processing fees per user transaction. Lucre’s wallet acting as a one-of-a-kind geo-based advertising platform for gambling establishments, promotions and ultimately customer service. The transparency is in-house chip distribution, player comps, and credit. Stricter adherence to gaming commission guidelines and regulations, again, through transparency in digital currency from players who have completed the Lucre KYC, rather than cash from anonymous patrons. The lowered need for large volumes of cash in-house at all times also reduces the dependency on security resources.

LUCRE IS CREATED SPECIFICALLY FOR THE INDUSTRY

Lower to no transaction fees, and a safe, tax-free wallet solution for a player’s bankroll. Ease of access to their funds at all partner casinos and sports books across the globe. Secure and instant deposits, buyins and cash-outs safely using Lucre. Lucre will be the most convenient platform for players, by which they can skip long queues at casino cages, proximity to ATMs, safe staking between players, peer-to-peer transfers, and the ability to not require the cage altogether by being able to buy in and cash out at individual tables and machines in-casino.

Lucre to lead in the Global Gambling IoT

Going a step further, Lucre also brings the security and capability of Blockchain to hardware, merging with technology made popular by FinTech, and brings that to casinos cages, table games, player bands, rings, and everything else tomorrow’s IoT can offer.

THE LUCRE ITO

360 MILLION LCRX

ERC-223 SECURITY

CLOUD INFRASTRUCTURE

GAMBLING UTILITY

THE TOKEN

MAX SUPPLY – 360,000,000

MAX FOR SALE– 259,000,000

TOKEN TYPE – ERC223

MINIMUM GOAL – 4 MILLION USD

HARDCAP – 40 MILLION USD

TOKEN VALUE – 1 LCRX = 0.25 USD

UNSOLD TOKENS – DESTROYED

LUCRE WALLET

BANKROLL MANAGEMENT
INSTANT GLOBAL ACCESS
NFC & QR GATEWAY
UNIVERSAL KYC GATEWAY
P2P TRANSACTIONS
RESPONSIBLE GAMING LOCKS
MONEY MANAGEMENT LOCKS
MULTI-CURRENCY SUPPORT
SECURE & PROTECTED

LUCRE APPS

DESKTOP, TABLET AND MOBILE
BETTING GATEWAY
REAL-TIME ODDS COMPARISON
REAL-TIME WAGERING
P2P WAGERING
CUSTOM SLIP CREATION
MERCHANT PROMO ACCESS
ACCESS TO GLOBAL SCHEDULES
LUCRE ESCROW ENABLED

LUCRE SERVICES

MERCHANT WHITELABELING
GEO-BASED ADVERTISING
CONCIERGE SERVICE
MERCHANT CUSTOMER SERVICE
AML/ATF ADHERENCE
MERCHANT AGGREGATION
PLAYER PROFILE SUPPORT
REAL-TIME NEWS & UPDATES
STRATEGIC PUSH NOTIFICATIONS

THE LUCRE ROADMAP

Lucre’s strength in timelines is drawn from an experienced, lean team, capable of working on major developments in-house. No lag. No delays.

We create a straight line between vision and realization.

Q1 2018: DEV

Website Development
Whitepaper Development
Token Development
Code Repository & Testing
UI and UX Testing
Token Generation & Integration

Q3-4 2018: ICO

4 Stages & Limited
72% sale, 10% backers/team, 3% partnerships, 15% future development liquidity,
T: 360M, Sale: 259M
MVP Release

Q1 2019

Release on Exchange
Sports Handicapper Site
Peer-to-Peer Betting
Fully operational payment system

Q2 2019

Quicker transaction efficiency
Integration with gaming sites
Integration with casino/book apps
Lucre sports book release

Q3 2019

Web wallet testing
Seamless bank transactions
Integrate with PayPal, Skrill, Venmo
Offer a “WSOP Specific” Release

Q1 2020: VALUE

Full merchant backend
Transactions on app generate %
Transaction on app burn %

Q4 2020

Lucre incentive framework
Table Cashout system release
Sports Bets via Lucre App Release

TOKEN ALLOCATION

15% Reserve/Future+Ongoing Expenses 54,000,000

10% Team, Advisors, Payments 36,000,000

72% Sale 259,200,000

Partnerships 10,800,000

FUNDS ALLOCATION

20% Hardware & Acquisitions 8,000,000

10% Legal & Security 4,000,000

20% IT 8,000,000

20% Operations 8,000,000

30% Marketing + Campaigns 12,000,000

THE LUCRE APP

Decentralized, Autonomous Gambling.

A truly one-of-a-kind app, the Lucre App is the backbone of our operation. Useable both online and offline, the Lucre App can be used both in casinos placing wagers, or online at any of our sportsbook partners, as well as against other fellow anonymous gamblers. Users are able to seamlessly create transactions, wagers, as well as receive personal detailed wagering analytics to help future wagering success. Users will also have access to betting tips across all sports from the industry’s best sports handicappers worldwide.

The LucreTeam

Lucre comprises of an agile, effective team working out of the US (where Lucre is registered), India, and parts of Europe, bringing together varied expertise in fields ranging from Finance, Blockchain development, Marketing, Gaming, Gambling, and Application Design. During the first steps of operation, specific resources will be allocated to gambling-rich regions within the United States and Asia to gain adoption and penetration into those markets. As a company, Lucre is founded by partners with extensive experience in Development & Marketing, both owning specialist firms for the same, as well as a rich background & understanding of poker and sports betting, thereby bringing together exactly what’s necessary to ensure a successful operation.

MARIO VAZ

Business & Investment Advisor

FOR FURTHER INFORMATION, PLEASE FOLLOW THE LINKS BELOW:

Website : https://www.wearelucre.org/

Whitepaper : https://www.wearelucre.org/wp-content/uploads/The-Lucre-Manifesto-V1.4.pdf

ANN Thread : https://bitcointalk.org/index.php?topic=5046049.0

Facebook : https://web.facebook.com/LucreOrg/

Telegram : https://telegram.me/WeAreLucre

Twitter : https://twitter.com/we_are_lucre

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My best regards

Good luck according to the target

Thank you

My Bitcointalk Profil: https://bitcointalk.org/index.php?action=profile;u=1229230

ETH Address: 0x29AF24D027E5A0A74427A2A4D5dDFe09803D5F93

panjilaras

Jumat, 26 Oktober 2018

ICO Review LUCRE