humble luck ball litepaper
TRANSCRIPT
« It is unlikely that my computer will manage to mine a block and it is constraining to invest so much to validate. »
Join an active community participating in the development of a technology that is simple and accessible to everyone.
Camille Sergent, CMJulian Caille, CTOTony Verschueren, CEO
We are delighted to present you the Humble Luck Ball project, deployed on Avalanche, imagined and developed for you.
It is upon this observation that the Humble Luck Ball project finds its meaning as millions of decentralized applications, digital certificates and value exchanges transit on blockchains doomed to become inaccessible. Proof of Work consensus will always require more work to mine and Proof of Stake consensus will always require more funds to be staked to validate.
Take control of a blockchain of service backed by a 100% community-driven consensus:
With HLB, no mining equipment or funds at stake is required. Make an entry on the protocol with Luck Ball Coin (LBC), and
retrieve block rewards.
The Proof of Entry (PoE)
What is Humble Luck Ball, and how does it work?
Grab some LBC and participate in a cycle.
Proof of Entry
protocol
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1) The HLB contract initiates a cycle. Participations are open.
2) Users make entries thanks to their LBCs.
3) Participations are closed. Entries are verified.
4) Following an election process, block rewards are sent.
When you confirm an entry, the HLB protocol generated new LBCs to be collected through block rewards. These rewards are awarded in a non-discriminatory manner to the community of participating users.
The LBC token is Proof of Entry protocol’s fuel, and its fate is yours to control.
Each cycle contains 200 block rewards. The amount of these rewards depends on the number of entries made in the previous cycle. The number of LBCs generated depends on the number of entries made in the current cycle. Entries supply the next cycle’s block rewards.
Cycle Opening
Cycle Closing
Rewards Participations
Welcome to the Humble Decentralized Offering!
On the Humble Market, the official decentralized exchange platform, the Humble Decentralized Offering will ensure the Proof of Entry protocol’s sustainability.
Join a 100% community-generated Tokenomic.
2.5 million LBCs can be acquired from AVAX under 125 phases of 20.120LBCs, strongly and sustainably enhancing their value
and guaranteeing the viability of the Proof of Entry protocol.
Soft Cap :
Hard Cap :
Distribution :
Start - End Price :
1.509.000 LBCs
2.515.000
100% Users
0,25$ 1,50$ / LBC
Beginning of HDO : 03/06/2022
Market Cap after HDO : 6.750.000$
LBC stock / phase : 20.120 LBCs
Number of phases : 125
The Proof of Entry protocol has already proven itself. You too can participate from Avalanche’s blockchain test network Fuji.
Be part of the first 300 beta testers, Acquire LBCs from the HDO
And:
Welcome to your protocol.
Join the community, take control !
Entry: 10 LBCs
Block rewards: 200 LBCs
Inflation per entry: 150 LBCs
+15.000.000 LBCs generated
+4.000.000 LBCs retrieved+100 cycles
Testnet History
PoE Settings
Get 500 LBCs: Get your nominated NFTs:
Get rewarded !
Prize Pool