LUCRE - Adds value to the global gambling ecosystem that exists in the world

Hello, on this occasion, I will discuss about a very interesting project in cryptocurrency. that is, LUCRE, so for that you are very obliged to see and understand the articles I made before continuing to invest in this project.

WHAT IS LUCRE?

Lucre is a decentralized cryptocurrency payment system based on
ETH Blockchain specifically designed to disrupt, revolutionize and safely simplify online and offline gambling transactions.

Conceptualized and revived by experienced individuals at
field, we have identified loopholes in the market, pain points experienced, and created ways to overcome them.

Using Lucre, the world of gambling, whether online or offline, will never be the same again

Why lucre

Lucre is positioned to be first of its kind to take on the global gambling market. Successfully.

er 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.

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.

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.

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.

VISION FOR LUCRE

It is to make currencies a long-awaited, sought-after, safe, fast, cash-free, decentralized, and one-source global KYC solution for most, if not all, casinos, sportsbooks and card rooms.

ADVANTAGES FOR USERS

Secure and decentralized wallet / bankroll solution
Increasing the exchange rate on unemployed bankrolls
Focus on the convenience of access and use of funds globally

ADVANTAGES FOR TRADERS

Additional income streams that appreciate
Eliminating the need for large amounts of cash
Secure KYC, targeted advertisements, and customer service

ADVANTAGES FOR INVESTORS

Dynamic, transaction-heavy currency
Sustainable exponential rate of long-term growth
Excellent ROI for pre-ICO tokens and ICOs

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.

LUCRE CROWDSALE

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

TOKEN ALLOCATION

FUNDS ALLOCATION

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.

For more information you can see below:

Website: https://www.wearelucre.org/
Whitepaper: https://www.wearelucre.org/wp-content/uploads/The-Lucre-Manifesto-V1.4.pdf
Facebook: https://web.facebook.com/LucreOrg/
Telegram: https://telegram.me/WeAreLucre
Twitter: https://twitter.com/we_are_lucre

Author: dey90
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=731808
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