Financial News

Lucky Lab Receives $28 Million of Investment

Lucky Laboratories gained the investment led by the william hill foundation and followed by Eagle Eye Fund, Tecwin Capital, Carlyle Fund invested a total of $28 million
 
Lucky Lab is a combination of self-organizing technology geniuses and financial technology experts focusing on the underlying structure of blockchain and the development of cross-chain ecological technology. The lab is now awarded US$28 million by international entertainment financial giants William Hill Fund, Eagle Eye Fund, Deying Capital, and Carlyle Fund to create a borderless ecosystem that will enable all system participants to enjoy the entertainment finance. The dividend of the times.
 
Lucky Lab launches Lucky cash, which is the next-generation pan-entertainment financial application system. The system token is Lkcs. The total amount of tokens is 99.99 million. The amount of genesis blocks is 5 million. The ecological construction is 3 million. The capital alliance is 2 million. And the consensus mining is 89.99 million. The consensus algorithm is POA combined with BPFT, and the block time is 10 seconds.
 
Technical highlights:
1. Privacy computing combined with edge computing
2. Distributed private key chain structure
3. Multi-layer slice processor, 1 million/1s processing efficiency
4. Zero-knowledge proof anonymous technology
5. Mixed currency security technology
6. Chain oracle machine
 
Expanding the business application ecosystem:
1. Game entertainment platform
2. Cross-chain exchange
3. Defi loan
4. Peer-to-peer anonymous social
5. Cross-border e-commerce
6. Smart advertising platform
7. Distributed encrypted network disk
8. Supply chain finance
9. Internet of things distributed data
10. Insurance supply system
11. Cross-border payment and merchant payment
12. Copyright confirmation
 
GiveCrypto Foundation and Brian Armstrong, the co-founder of Coinbase evaluated that Lucky cash has a scientific economic model structure, through the front-end community to participate in dividends, the back-end application ecological cyclation and deflation and destruction, especially after the circulation scene of entertainment venues and the gradual improvement of later centralized exchanges, the value-added space is expectible in the future. 
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