Please read the terms of service carefully
Terms and Conditions
This Terms and Conditions ("Terms " or “Agreement”) describes terms and conditions which you ("user", "you") shall follow to be able to use www.luckyblock.com ("Website", " LuckyBlock " "we", "us" and "our") and its related lotteries ("Lottary").
LuckyBlock is an online totally decentralized lottery, which is based on blockchain technology. Our lottery technology is managed by smart contracts and without any human intervention. We have created the most open lottery with a guarantee of fair play, which is enabled by Etherium network. The total prize pool consist of more than $ 1,000,000,000, being the largest prize pool in history.
The lottery is a complex of several related lotteries: hourly, daily, weekly, monthly, annual and super jackpot. It is enough for the User to buy only one ticket to participate in the draw of all the available lotteries.
The minimum ticket price is 0.01 ETH, Users can buy the tickets without limit.
In each lottery, with the exception of the super jackpot, there are 10 winners, which increases the chance of a User winning every round 10 times.
The lottery platform features a licensed crypto exchange with a User-friendly interface that allows players to buy lottery tickets with cryptocurrency and fiat (using credit cards or ____). More information on this issue please find at section “How the lottery works”.
All the information offered on the website www.luckyblock.com is given for information only, and is not exhaustive and is subject to change.
The purpose of these Terms is to explain the functionality Service and to notify the persons who intend to enter into the relations with Service about the risks connected with the use of Service, as well as about the risks connected with participation in lottery.
TERMS AND DEFINITIONS
In the present document, the following terms shall have the meaning specified below:
‘Ether’ - alternative cryptocurrencies launched after Bitcoin.
‘Ethereum’ is an open-source, public, blockchain - based distributed computing platform and operating system featuring smart contract (scripting) functionality.
‘Blockchain’ - a distributed database that maintains a continuously growing list of ordered records called blocks. By design, blockchains are inherently resistant to modification of the data — once recorded, the data in a block cannot be altered retroactively.
‘Service’ - lottery platform at luckyblock.com.
‘Smart contracts’ (‘ Smart contract system’) - are self-executing contractual states, stored on the Ethereum blockchain, which nobody controls and therefore everyone can trust.
‘Website’ - the website on the Internet at luckyblock.com.
‘User’ – a registered person at luckyblock.com participating in the lottery.
‘We’, ‘us’, ‘our’ refers to Lucky Block B.V.
‘You’, ‘yours’. ‘yourself’ – User or visitor of Website.
AGREEMENT ON TERMS AND CONDITION OF SERVICE
These Terms and Conditions describe information applicable to the use of the luckyblock.com website and Services, which is owned and operated by Lucky Block B.V.
By using the Website or its related Services you expressly agree to be bound by all of the Terms and Conditions set forth herein. In accepting this Agreement, you acknowledge that you have read this Agreement, understand it, and had an opportunity to seek independent legal advice prior to agreeing to it.
You also warrant that (i) you are at least 18 years old and have full capacity to contract under applicable law; (ii) only transacting on luckyblock.com with legally-obtained funds that belong to you; (iii) not furthering, performing, undertaking, engaging in, aiding, or abetting any unlawful activity through your relationship with us or through your use of luckyblock.com; and (iv) comporting with and obeying all applicable laws.
IF YOU RESIDE OR ARE PRESENT IN ANY JURISDICTION THAT PROHIBITS USING THE SERVICES, YOU SHALL NOT USE THE SERVICES.
It is your responsibility to ensure that you comply with any and all laws applicable to you before registering or participating in any activity through the Website.
You will not allow any other person or third party, including but not limited to any minor, to use or reuse your account, accept any prize, or participate in the Services.
You are solely responsible for the security of and your password. Should you inadvertently let someone know your password you shall contact us immediately and change your password.
Users are solely responsible for any unauthorized use of their User Accounts. If a User suspects that a third party may have its password or Username, the User may at any time ask us to provide him with a new password and Username upon successful identification. For the avoidance of doubt, it is hereby clarified that a person who is not entitled to use the Services - as well as any other person who substitutes such person - is also not entitled to any of the winnings, and we reserve the right to shut down his/her User Account and seize any funds held in that User Account.
The list of risks specified in these Terms is not comprehensive, as well as it may not contain those risks which cannot be predicted at the present moment. If you are not sure that you can estimate the probability of occurrence of such risks by yourself, you are advised to contact an appropriate specialist (a lawyer, an auditor, an adviser or a programmer) before making a decision about entering into the relations with the Service. YOU MAY NOT TAKE LEGAL ACTIONS AGAINST ANY USER AND/OR THE SERVICE CONNECTED WITH USING OF SERVICE, INCLUDING, BUT NOT LIMITED TO CLAIMS BASED ON THE FACT THAT YOU DID NOT READ NOR DID NOT UNDERSTAND THE TERMS AND CONDITIONS OF THE BLOCKCHAIN SYSTEM.
At any point, if you do not agree to any portion of the current Terms, you should not proceed to use our website.
CHANGES TO THE TERMS AND CONDITIONS
We may update or amend this Agreement at any time, including when requested to do so by relevant authorized supervisory authority. The Agreement is published on the Website and may be changed at any time without notice. The new version of Agreement will take effect immediately upon the next visit or login on the website. You agree to, at least once a month, review the terms and conditions of this Agreement placed on our website.
If you do not wish to be bound by this Agreement, you should stop using the lottery.
If any provision of this Agreement is deemed unenforceable or illegal, the remaining clauses will continue to be in full force and effect.
No person other than you shall have any rights under this Agreement. YOU MAY NOT ASSIGN OR OTHERWISE TRANSFER ANY RIGHTS UNDER THIS AGREEMENT TO ANY THIRD PARTY WITHOUT OUR PRIOR CONSENT IN WRITING.
HOW THE LOTTARY WORKS
Our lottery works on decentralized platform which uses blockchain technology and smart contracts for collecting and distributing funds. Winning numbers are identified randomly. Random number generation is empowered by Oraclize technology.
Oraclize’s has random number generation for gambling architecture, it enables smart contracts to receive a random number from a trusted source, without having to rely whatsoever on the data carrier. Such drawing winning numbers model offers higher, mathematically binding guarantees of fairness thanks to open (and third-party auditable) authenticity proofs. The solution developed by Oraclize demonstrates that the data fetched from the original data-source is genuine and untampered. This is accomplished by accompanying the returned data together with a document called authenticity proof.
Thus, luckyblock.com generation of numbers is based on a unique and autonomous formula that is proven impossible to be manipulated. Mechanisms built into smart contracts exclude the possibility of their being influenced by the lottery managers. Neither winning numbers nor lottery tickets can be faked.
YOU ARE PROHIBITED TO PARTICIPATE IN THE LOTTERY IF YOU ARE FROM USA, FRANCE, THE NETHERLANDS AND THE DUTCH CARIBBEAN ISLAND:
CURACAO, ARUBA, BONAIRE, ST.MARTIN, ST.EUSTATIUS AND SABA.
In order to participate in lottery, the User needs to register and account at luckyblock.com and to purchase Ether (ETH). To register for an Account, visit luckyblock.com, where you may be required to (i) submit your first and last name and other details as requested including, but not limited to, your phone number, date of birth, your e-mail address, your residential address, and your payment information.
When you are registering an account at our Website all your personal data is kept by us. But when you are adding funds on your balance to play, all your funds are kept at e-wallet, provided by https://colibripay.com/. E-wallet is created automatically in the same time with registering an account at luckyblock.com and is impersonal. Which means that we do not transfer any of your personal data to e-wallet provider, but the number of created e-wallet is automatically connected to your account at LuckyBlock.
The service of crypto exchange is provided by https://changelly.com.
You agree to (i) provide true, accurate, current and complete information about yourself (the ‘Registration Data’) as prompted by the Service’s online registration form and (ii) maintain and promptly update the registration data to keep it true, accurate, current and complete. In addition, you agree that the we may contact you via mail, e-mail or phone to verify your account information, update group information or provide responses to your requests. For full Know-Your Client procedure please refer to link.
Ether could be purchased for fiat, other cryptocurrencies or tokens.
Funds will be converted to ETH at a current exchange rate between ETH and the currency that the participant uses for making payment.
Exchange rate is provided by https://changelly.com
There is no limit to the number of lottery tickets you can buy.
At the end of the lottery you will receive a notification if you are within the list of winners.
After all the numbers in the lottery have been drawn, prize pool is distributed between 10 owners of winning accounts with the help of the algorithm built in the Smart Contract. Once there are enough players wanting to participate in the lottery, the process of revealing winners begins.
Distribution and payout procedures are transparent and supported by smart contracts. The prize payout will be automatically transferred to account that was used to buy ticket for the winning drawing. Fund transfers can take from few hours after winning numbers are posted. Payouts are made to User ETH account upon successful Know-Your-Client procedure.
Funds collected from ticket sales will be allocated to the prize pool as follows:
Hourly lottery – 40%
Daily lottery - 10%
Weekly lottery -5%
Monthly lottery – 5%
Annual lottery – 5%
Super jackpot – 15%
Commission – 20%
YOUR REPRESENTATIONS AND ACKNOWLEDGEMENTS
Upon accepting this Agreement and any amended versions thereof, you represent and warrant to us, on an ongoing basis, that:
You are obliged to act in your name and not on behalf of a third party unless otherwise notified to do so in writing and confirmed and accepted by us. We reserve the right to suspend your account upon the occurrence of any suspicious activities, upon notification, until the required processes and checks have been carried out by our fraud - compliance department.
You accept and confirm that you are using our Services in accordance with AML (anti money-laundering) and counter funding of terrorism requirements. You commit that all funds used to purchase ETH originate from legitimate activities and sources.
To use our Services you must pass Lucky Block B.V. KYC (‘know your customer’) identification and verification procedures after you register your accont.
Please refer to our AML _________ and KYC ___________ Policy for further details.
You affirm that you when using our Services You comply with all applicable laws to which you are subject, including, without limitation, all tax laws and regulations, exchange control requirement and registration requirements, and We shall not be liable in connection therewith.
You acknowledge and accept that funds received in exchange for Ether do not constitute a term deposit and no interest shall be accumulated thereon. We do not grant interest or bonus related to the duration of time you hold account with US or/and Ether.
The owner of the site owns all of the luckyblock.com website assets, including the system of organization and presentation of the files including text, images, graphics, logos, icons, sounds, software, and are protected by legal and subordinate acts relating to intellectual property including but not limited to copyright laws and other similar laws.
Any reproduction, representation, modification, publication, total or partial adaptation of the elements of the site, whatever the means or the method used, is prohibited, except prior written authorization given by Lucky Block B.V.
Any unauthorized use of the site or any of these elements will be considered as constituting an infringement and prosecuted in accordance with the applicable legislation.
The User is informed that during his visits to the website www.luckyblock.com, one or more cookies may be automatically installed on his computer. A cookie is a small file, which does not allow the identification of the User, but which records information relating to the navigation of a computer on a website. The data thus obtained are intended to facilitate subsequent navigation on the site, and are also intended to allow various measures of attendance.
On the site www.luckyblock.com, the owner of the site collects personal information about the User only for the need of certain services offered by the site www.luckyblock.com. The User provides this information with full knowledge of the facts, in particular when he proceeds to input them himself. When entering the Website the User has an options of giving consent/not consent to the processing of his/her personal data.
Lucky Block B.V. shall not be liable for any delay or failure to perform resulting from unforeseen circumstances or causes outside its reasonable control, including, without limitation, extreme weather and other acts of God, natural catastrophes, war, terrorism, riots, embargoes, acts of civil or military authorities, fire, floods, accidents, network infrastructure failures, computer viruses strikes, or shortages of transportation facilities, transportation stoppages or slowdowns, and stoppage or slowdown of the Internet or other networks (each, a ‘ Force Majeure Event’).
REGULATION AND LAW
This Agreement is governed by the law of Curasao. All disputes arising out of/or relating to this Agreement shall be resolved by the courts of Curasao.
LIMITATION OF LIABILITY
YOU HEREBY UNDERSTAND AND AGREE THAT WE, OUR OFFICERS, DIRECTORS, EMPLOYEES, LEGAL COUNSEL, OUR SUBSIDIARIES, AFFILIATES, AND LICENSORS WILL NOT BE LIABLE TO YOU OR TO ANY THIRD PARTY FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR EXEMPLARY DAMAGES WHICH YOU MAY INCUR, HOWSOEVER CAUSED AND UNDER ANY THEORY OF LIABILITY, INCLUDING, WITHOUT LIMITATION, ANY LOSS OF PROFITS (WHETHER INCURRED DIRECTLY OR INDIRECTLY), LOSS OF GOODWILL OR BUSINESS REPUTATION, LOSS OF DATA, COST OF PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES, OR ANY OTHER INTANGIBLE LOSS, EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
YOU ACKNOWLEDGE AND AGREE THAT WE HAVE MADE WEBSITE AND OR SMART CONTRACT AVAILABLE TO YOU AND ENTERED INTO THESE TERMS IN RELIANCE UPON THE WARRANTY DISCLAIMERS AND LIMITATIONS OF LIABILITY SET FORTH HEREIN, WHICH REFLECT A REASONABLE AND FAIR ALLOCATION OF RISK BETWEEN THE PARTIES AND FORM AN ESSENTIAL BASIS OF THE BARGAIN BETWEEN US. WE WOULD NOT BE ABLE TO PROVIDE OUR SERVICES TO YOU WITHOUT THESE LIMITATIONS.
You agree to hold harmless and indemnify Lucky Block B.V. and its owner(s), inventor, subsidiaries, affiliates, officers, directors, agents, employees, advertisers, licensors, suppliers or partners from and against any claim, liability, loss, damage (actual and consequential) of any kind or nature, suit, judgment, litigation cost, and attorneys’ fees arising out of or in any way related to (i) your breach of these Terms, or (ii) your violation of applicable laws, rules or regulations in connection with your access to or use of luckyblock.com website and Services.
The Users bears the sole responsibility to determine if the winnings received through the use of Services through luckyblock.com shall be a taxable event for the User. The Users bear full responsibility for timely and correct calculation and payment of all taxes due in accordance with the legislation applicable to the Users. The Service is not a tax agent of the User, as well as it does not advise the User on the order of calculation and/or the payment of taxes.
We have and reserve the right to suspend, disable or terminate your User Account registration at any time in our sole discretion. All decisions regarding the opening, maintenance and closing of User Accounts are in our sole and unfettered discretion and any decisions we take regarding any aspect of your participation in the Services or any aspect of a User Account is final.
NOTIFICATION ABOUT RISKS
The User understands and accepts the risks in connection with lottery, such as:
RISK OF SOFTWARE WEAKNESSES: The User understands and accepts that the Ethereum concept, the underlying Ethereum blockchain is still in an early development stage and unproven, that is why there is no warranty that the process will be uninterrupted or error-free and why there is an inherent risk that the software could contain weaknesses, vulnerabilities or bugs causing, inter alia, the complete loss of ETH and/or Tokens.
REGULATORY RISK: The User understands and accepts that the blockchain technology allows new forms of interaction and that it is possible that certain jurisdictions will apply existing regulations on, or introduce new regulations addressing, blockchain technology based applications, which may be contrary to the regulation today.
RISK OF LOSS OF PRIVATE KEY: The User understands and accepts that if his password respectively got lost or stolen, the obtained cryptocurrency associated with the User’s account or password will be unrecoverable and may be permanently lost.
RISK OF ETHEREUM MINING ATTACKS & HACKING ATTACKS: The User understands and accepts that, as with other cryptocurrencies, the blockchain used for the Ethereum is susceptible to mining & hacking attacks.
The User also understands that Lucky Block B.V. will not provide any refund of the purchase price for ETH under any circumstance, thus, the User accepts sole and exclusive risk for the purchase of ETH through our Website.