Luckchemy: Plan B

Dear friends,

My name is Alex Tatarchuk, the co-founder and CEO of Luckchemy. Today we turn a page and go into the next phase of growing Luckchemy. Since we didn’t raise the amount we were looking for in the ICO the smart contract is going to issue refunds.

Even under the current market conditions we believe that blockchain as a technology has a bright future and our new product development will continue to be built on blockchain through our ‘provably fair’ concept. We are sincerely grateful to everyone who participated and joined our community — we are going to continue to grow our community with you. Thank you for believing in us!

In this next chapter in our growth, we are going to rely on our team’s business experience and ability to build and bring software solutions to the market, as we execute on our ‘Plan B’.

With a recent cash infusion to the company that was not related to the ICO, and with the support of our community, we remain confident that we will continue our business and growth as expected.

Luckchemy shows immense promise and potential, and has made incredible strides. We are supported by a community almost 25,000 strong, backed by great advisers and industry experts, and leading the way in a new, fast-growing niche of the gambling market. That’s why we have decided to continue our journey by developing games with the provably fair concept over the next 8–12 months. We value your contributions and support and look forward to an ongoing engagement that makes the project stronger.

Game development is one of our team’s greatest strengths, so we decided to concentrate on developing games that can be distributed through other platforms, operators, and aggregators in the future.

In the coming year, we plan to develop two slot games and finalize development of our current games (lottery, scratchers). After completing the development and obtaining the necessary certifications and licenses (this will take about 9 months), we plan to receive confirmation of the concept from our partners.

With that in mind, we’d like to share with you some of the milestones we reached to give you an understanding of what is still to come.

  • The Luckchemy team built a network of partners with several European and Asian casino operators.
  • We signed a strategic partnership with Mr. Bet — one of the largest online casinos in Europe and Australia.
  • We are continuing negotiations with one of the largest online casinos in Latin America and we will disclose these details soon.
  • We already have MVP:

** We developed a lottery and a scratch game, the total DAU of which is ~ 1,500 players.

** Both games are based on provably fair concept, which we promote. We see a growing interest from players and operators in this segment.

** The product is highly successful in Germany, Japan, and Latin America. About 40% of our community comes from these markets.

We sincerely hope that you will stay with us and become participants in our future successes. We pledge to inform you about all the stages of Luckchemy’s development and our future strides in the industry. We are ready for new challenges. Thank you for being with us through this one!

P.S. If you are the one of our investors, please, read also this article in order to know, how to get your money back.

Alex Tatarchuk.