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OpenLuck

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News

JPMorgan's Kinexys Payment System Approaches $10 Billion in Daily Transactions

JPMorgan's Kinexys Payment System Approaches $10 Billion in Daily Transactions

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JPMorgan's blockchain-based payment system, Kinexys, is nearing $10 billion in daily transaction volumes as it expands into the industrial sector.
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Satoshi Nakamura

Mitsubishi Corporation to Utilize JPMorgan's Kinexys for Faster Fund Transfers

Mitsubishi Corporation to Utilize JPMorgan's Kinexys for Faster Fund Transfers

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Mitsubishi Corporation will adopt JPMorgan's Kinexys platform to streamline its global supply chain payments and reduce settlement times.
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Nguyen Van Long

Developers Gain Access to Live Public RPC Endpoint

Developers Gain Access to Live Public RPC Endpoint

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Developers can now access a live public RPC endpoint to connect wallets, query blockchain data, and test smart contracts on the Pi Testnet.
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Jesper Sørensen

What is OpenLuck?

OpenLuck is building a decentralized cross-chain NFT marketplace, bridging the gap between the NFT ecosystem.

Contents:

OpenLuck

Description of the OpenLuck platform

OpenLuck focuses on developing creative trading models and liquidity solutions, as well as features and innovations such as decentralization and interoperability. Lucks Trading is an innovative trading model that combines CrowdFunding and Lottery Draw.

For example, a seller sells an NFT via crowdfunding at a price of 10 BNB, divides it into 1,000 shares, and the unit price is 0.01 BNB. All users can participate at a price of 0.01 BNB and if you buy 1 share, you will receive 1 ticket. When the crowdfunding goal is reached, OpenLuck will automatically and fairly draw a lucky number, the winner with the lucky number will receive NFT, and the seller will receive the crowdfunding amount.

Lucky number selection uses ChainLink VRF, an open, transparent and truly random service to ensure fairness and decentralization of the gaming experience. OpenLuck charges a 2% protocol fee and 50% protocol fee will be rewarded to players who wager on $LUCK.

Distinctive features:

1 Trading rewards are a core part of the OpenLuck token economy as developers aim to become the most liquid market for NFTs on the BNB chain.
2 By wagering $LUCK, you also earn extra $LUCK. The staked $LUCK tokens are automatically staking for users who simply want to keep their $LUCK tokens staked.
3 To motivate all creators and active contributors, OpenLuck will randomly select some users who qualify and give them various amounts of $LUCK dollars as a reward.

The giveaway program will help to reward early adopters of the project (including testnets), community members, whitelisted NFT series holders, etc. For specific giveaway plans, follow social media accounts and pay attention to the community.

Project tokenomics

50% of net fees on OpenLuck will be distributed to players who wager $LUCK. 20% of net fees on OpenLuck go towards buying/selling for $LUCK. Hold $LUCK to participate in the limited governance of OpenLuckDAO. Hold $LUCK to participate in exclusive and VIP features to be developed.

The giveaway program will help to reward early adopters of the project (including testnets), community members, whitelisted NFT series holders, etc. For specific giveaway plans, follow social media accounts and pay attention to the community.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.