LuckyCoin is an ERC20 token on the Ethereum network and BSC networks.
Every week new coins are generated in a random wallet selected among all LuckyCoin holders. The balance of the wallets that are not selected stay constant.
The amount of newly generated coins is proportional to the wallet balance, with a variable ratio ranging between 1 and 1,000. This “Coin generation multiplier” is proportional to the number of LuckyCoin holders and it is displayed at the top of this page.
Each LuckyCoin’s transaction burns a part of the tokens transferred (max 10%). The transaction burn rate is recalculated each week to achieve a target yearly deflation of -12.2% and it is displayed at the top of this page.
No. If your wallet address is not selected for the weekly coin generation, your LuckyCoin amount will stay the same. In other words, your amount of LuckyCoins will never decrease, it can only increase.
Yes, each LuckyCoin’s transaction burns a part of the tokens transferred (max 10%). The transaction burn rate is recalculated each week, to achieve the target yearly deflation of -12.2% and it is displayed at the top of this page.
There will be 100,000,000 LuckyCoins at the moment of the deployment.
LuckyCoin is a deflationary token, therefore, due to the effect of transaction burn fees, the total supply is going to decrease by 12.2% per year.
Yes it is. You can look at the source code, or at the whitepaper.
All the operations are executed automatically by the LuckyCoin smart contract in the Ethereum and BSC blockchains. Nobody can stop or alter them (not even us).
LuckyCoin’s smart contract is audited, this means:
-No coding bugs
-Security is certified
-No hidden backdoors
The amount of new coins is equal to the selected wallet amount multiplied by the “Coin generation multiplier”, which is shown at the top of this page.
LuckyCoin’s coin generation multiplier depends on the number of LuckyCoin holders:
<400 wallets: 1x
4,000 wallets: 10x
40,000 wallets: 100x
400,000 wallets: 1,000x
If there are more than 400,000 LuckyCoin holders, more wallets will be selected.
The coin generations will start when the ILO is over.
LuckyCoins will be available soon. Be sure to follow us on our social channels to stay updated.
Depending on your country's regulations, you may not be legally allowed to buy, sell or own LuckyCoins and / or other cryptocurrencies. If you are going to buy, sell or own LuckyCoins, you do so under your own responsibility.
The purpose of this site is to provide information about LuckyCoin and is not intended as a promotion of any kind.
Nothing on this site constitutes financial advice. Any investment in LuckyCoins or other cryptocurrencies may result in the loss of your money.
No, LuckyCoin is not yet supported by centralized exchanges. If you transfer your LuckyCoins to an Ethereum address generated by an exchange, you will lose your LuckyCoins!
You must keep your LuckyCoins in a personal wallet like Metamask.
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