Luckchemy

About:

Luckchemy is a scalable and provably fair online gambling platform driven by a unique combination of blockchain technology and offchain cryptography. Our platform will offer turnkey solutions for a full suite of casino products, with lottery as our initial product and the illustrative example used in this document. Luckchemy will develop and publish products on the platform but is designed to anticipate interactions with a number of entities, including the 3rd party content providers. Luckchemy has maintained a strict discipline of using blockchain interactions only when absolutely necessary. We will maintain provable fairness through off-chain cryptography and other technologies with minimum usage of blockchain to maximize scalability and user experience. In the long term, we intend to move our platform to a decentralized model using local hosting and multiple data centers to minimize the effect of individual discontinuation on the overall platform. Luckchemy Tokens (LUK) are used on our platform and grant their holders access to monthly draws, funded by a minimum of 0.5% of the platform transactions, as well as the opportunities to provide direction on our roadmap. Alchemy is a philosophical principle that has been resonating in the human psyche for over four millennia. It is a rich tradition built on the concept of maturing, purifying and perfecting humans and objects. Alchemists had carefully protected their secrets with cyphers and cryptic symbolism. Luckchemy is our modern take on this notion, as we strive to transmute and purify the existing gaming and betting paradigm into a single decentralized, trustful and provably fair system by means of modern blockchain and cryptographic technology.



Intro:

Luckchemy is a scalable and provably fair online gambling platform driven by a unique combination of off-chain cryptography and blockchain technology.



Milestones:

August-October 2017

Project start; Research and concept development; Team formation; Technical infrastructure creation; Platform logic development

November-December 2017

Product development; Design; Client-side and server-side logic development

January 2017

RNG algorithm development; Smart contracts development

February 2018

Utility token integration; Smart contract and platform tests

March 2018

MVP ready; Private round of investments closing; PR and marketing campaign; Scratch cards release; Token presale

April 2018

Token sale and investments attraction; Product development and improvement; Daily Lottery, Holders Draw release; Bounty program launch

May-June 2018

Companies registration in Gibraltar and Curacao; Token listing on crypto exchanges; Acquiring Curacao license; Referral program launch; Feedback polls release

Q3 2018

Public version of a platform launch; Sweepstakes release; Players attraction; Affiliate marketing program; White Label API development

Q4 2018

White label solution; Acquiring Malta license; Acquiring partnerships; Feedback polls; Multilingual interface; New games release; Secure smart contract for payment processing; Annual report

Q1 2019

New game release; Mobile app release; Multiplayer games; Product Growth & Support; Feedback polls

Q2 2019

Launch first 3rd party content providers; Feedback polls; Billing system development; New game release; Charity incentives