Cleaning the Espors Betting Industry – Luckbox’s Game Changer ICO - Coindoo

Cleaning the Espors Betting Industry – Luckbox’s Game Changer ICO

Editorial Team Avatar
Feb 14, 2018
3 min reading time

A lot of new industries appeared since the launch of the internet. Some had a small impact while over completely changed the way of living. One of them is the Esports industry. The Esports industry created a new career path – the professional gamer one.

Since 2016, Esports games got more popular than ever. When the League of Legends final beat the NBA Final at the audience part – people know that this industry is rising. But where’s a competitive game – there are also bets.

The huge part of this industry is that the betting companies running bets on the Esports games are not regulated or licensed. Some of these businesses walked away with a great profit while also still operate in the same way – illegal.

Luckbox – Changing The Way Of How Esports Betting Operates

Luckbox is planning to be the most known Esports betting company. Even though they’re just in the presale stage of their crowdsale – their idea of game-changing the industry will surely make Luckbox a well-known business in the Esports industry. You can apply for the presale registration here.

Their plan is to acquire a license as soon as their ICO is finished and be the first licensed Esports betting platform while also accepting cryptocurrency payments and purchases for in-game items and not only.

CEO Lars Lien said: “The potential in esports betting is clear and what has been done so far is just a drop in the ocean.

“Illegal sites have made millions but, clearly, long-term sustainability requires compliance and regulation. This is not only a business decision but a question of ethics.

At Luckbox our aim is to adhere to the highest levels of gambling regulation so that customers can trust us but also so that we can operate on a global scale.

“Being fully licensed means we can employ marketing strategies just like the major operators as well as be available app stores.”

When Will The Luckbox Platform Be Live?

As right now they’re just in the presale stage of the ICO, they estimate they’ll officially launch in the third quarter of 2018. Their amazing reward program is a secret bonus that they’ll prepare for the users. Players would be able to open their Luckbox crates using LuckCash – a cryptocurrency that could be used on their website – to earn prizes,  games and more.

The idea will be created by a professional team of developers, managed by the Luckbox CEO Lars Lien, formed COO of GosuGamers and Mike Stevens, professional poker player and formed PokerStars employee.

The founders already started working on the platform and they assure their future users that Luckbox will have the highest levels of licensing jurisdiction while also will create a fun and safe place to enjoy esports betting. They will accept cash, cryptocurrency and even skins as a payment – but in a regulated & legal environment.

Lien said esports fans are tired of being treated like “a cashcow” by traditional bookmakers.

He said: “Just like sports fans, esports fans want a safe and trustworthy platform but they also don’t like the idea of the traditional operators coming in and using them as a cashcow.

They want a genuine dedicated esports platform but with the same levels of quality that traditional operators offer football fans, for example.

“Generally, esports is becoming more professional and aware of its own value as time goes on. Betting will follow and operators will align their efforts with that value. That’s why we are confident Luckbox will be a success.”

* The information in this article and the links provided are for general information purposes only and should not constitute any financial or investment advice. We advise you to do your own research or consult a professional before making financial decisions. Please acknowledge that we are not responsible for any loss caused by any information present on this website.
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