The ERC223 solution for the Gambling Industry
Lucre is an Ethereum-based blockchain company that creates a decentralized, autonomous, cashless, transparent and secure payment solution and ecosystem for the global gambling industry. It also tackles user KYC processes, making the Lucre wallet and app, not only a safe, decentralized, single hub for player bankrolls, but also a single-login solution for all partner casinos across the globe. Going a step further, Lucre also brings the security and capability of Blockchain to hardware, merging with technology made popular by FinTech, and brings that to casinos cages, table games, player bands, rings, and everything else tomorrow’s IoT can deliver.
As opposed to creating a platform that needs players to sign up for, Lucre is providing a solution that is catering to the industry that already exists - from bettors to casinos, sports books, card rooms and everything in between, as it's valued at between a US$ 650 Billion to 3 Trillion industry, that's the market Lucre aims to service from the get-go.
Using LCRX = 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.