LUTO CASH has started its quest to bring decentralized gaming to the blockchain community. Luto Cash Technologies created LUTO Token with a unique vision to revolutionize online gaming via decentralized technology. Its chosen Binance Smart chain to mint its native BEP20 token as a gas fee became a concern for the blockchain community.
LUTO Gets Support from Tokenoy
Considering the token’s potential, Tokenoy, a token sale management company, backed the blockchain startup and assisting the LUTO CASH team with contract auditing, token distribution, management, marketing, community management, and press campaign.
The reinforcement of the Tokenoy team is quite helpful to build trust among the community as it supports only legitimate projects which match its selection criteria.
According to the LUTO website, there isn’t any transaction fee associated with asset transfers or the buy-sell process, which will increase the speed of transactions.
Private, Pre Sale & LUTO Platform Launch
The team is raising funds through a private sale round while the pre-sale round is scheduled on dxsale. The funds raised through a private sale round will be used to market the token and its campaign. The private sale round is being managed by the tokenoy team too.
The team is working on its platform development and launching its lotto platform soon after the pre-sale round and casino platform after four weeks from now.
LUTO Referral Program To Earn LUTO Token
LUTO CASH token also offers a referral campaign for its private sale campaign and shares 05% of investment in LUTO tokens and BNB for each asset investment. If someone refers investors for 1 BNB, the referrer will get 5000 LUTO as a reward. If the amount is more than 4 BNB, then the company also offers the reward in BNB.