Lucky Block is a blockchain-based online lottery protocol that enables fully transparent, fair, and secure gameplay. Clearly, Lucky Block involves in gambling activity which contra in Shariah.
| Category | Details | Status |
|---|---|---|
| Legitimacy | Not regulated by any countries or regulatory bodies. The project has a clear roadmap and genuine product on the blockchain, while the token/coin has a fundamental underlying value that allows it to be categorized as "Mal" | Passed |
| Project | Lucky Block is a blockchain-based online lottery protocol that enables fully transparent, fair, and secure gameplay. Clearly, Lucky Block involves in gambling activity which contra in Shariah. | Failed |
| Financials | The token is not backed by any equity, thus there is no financial screening on this token. | Passed |
| Token | LBLOCK token is used for utility. It used for trade and hold LBLOCK on centralised exchanges. It is purely for day trading. | Passed |
| Staking Method | No staking | Passed |
Read the source document and verify project fundamentals.