{"id":"lucky-rollbit","version":1,"language":"en","title":"Lucky Rollbit","hidden":false,"content":"**Lucky** is the co-founder of [Rollbit](https://iq.wiki/wiki/rollbit-coin), an online [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) casino platform launched in February 2020. [\\[1\\]](#cite-id-q18x3xrjps)[\\[3\\]](#cite-id-yort9l6c31o)  \n  \n# Career  \n  \n## Rollbit  \n  \n[Rollbit](https://iq.wiki/wiki/rollbit-coin) online casino platform that was founded by Lucky and his co-founder [Razer](https://iq.wiki/wiki/razer-rollbit) who have a shared passion for online gambling. The platform has positioned itself at the forefront of the cryptocurrency gambling space by offering instant [BTC](https://iq.wiki/wiki/bitcoin-btc), [ETH](https://iq.wiki/wiki/ether-eth) & [LTC](https://iq.wiki/wiki/litecoin) deposits/withdrawals, and a cryptocurrency trading feature. [\\[2\\]](#cite-id-yvx73rwyehk)  \n  \n### RLB  \n  \nThe Rollbit token (RLB) was launched as an integral part of the Rollbit lottery. There was no [initial coin offering](https://iq.wiki/wiki/initial-coin-offering) (ICO) for RLB. Instead, Rollbit [airdropped](https://iq.wiki/wiki/airdrop) RLB for free to existing users of its casino and trading platform, [Rollbit](https://iq.wiki/wiki/rollbit-coin). [\\[3\\]](#cite-id-yort9l6c31o)  \n  \nIn September 2023, Rollbit clocked $38 Million in revenues and burned more than 1.2% of the circulating supply of its RLB tokens in line with long-term plans for a “buy and burn” program.  \n  \n> “The number of on-chain RLB hodlers breached 10,000 today after a strong month of revenue for Rollbit in September.  \n> Nearly $38,000,000 was generated across our three revenue streams, resulting in a buy and burn of over $5,000,000 in RLB (1.265% of the circulating supply)!  \n> More buys, burns and on-chain fireworks are coming soon” - co-founder @Lucky\\_Rollbit tweeted. [\\[4\\]](#cite-id-lcfdzuipjn)  \n  \n# Controversy  \n  \nIn April 2023, Lucky garnered attention in the [crypto](https://iq.wiki/wiki/cryptocurrency) community when he announced a bonus structure for existing partners. He suggested that influencers promoting RLB could stand to earn $250,000 in tokens should the price of RLB reach $0.20 and sustain that value for a week. A condition of participating was “several organic RLB tweets” each week. [\\[5\\]](#cite-id-h6844o5hsz9)  \n  \n> “we’ve came up with a new bonus structure in relation to RLB growth for our existing partners to align motivation and share more of Rollbit’s success.” - Lucky tweeted  \n  \nGrizzly, a self-described “chief rug officer” at Pymons, the P2E platform accused several crypto influencers of posting undisclosed promotions of Rollbit Coin (RLB) due to the tweet. [\\[5\\]](#cite-id-h6844o5hsz9)","summary":"Lucky Rollbit is the co-founder of Rollbit, an online cryptocurrency casino launched in 2020, known for introducing the RLB token within its lottery system.","categories":[{"id":"people","title":"People in crypto"}],"promoted":0,"tags":[{"id":"Founders"}],"metadata":[{"id":"references","value":"[{\"id\":\"q18x3xrjps\",\"url\":\"https://twitter.com/Lucky_Rollbit\",\"description\":\"lucky's twitter\",\"timestamp\":1696608609270},{\"id\":\"yvx73rwyehk\",\"url\":\"https://simplecryptoguide.com/what-is-rollbit/\",\"description\":\"simplecryptoguide - rollbit about\",\"timestamp\":1696608682841},{\"id\":\"yort9l6c31o\",\"url\":\"https://rollbit.com/\",\"description\":\"rollbit website\",\"timestamp\":1696609015203},{\"id\":\"lcfdzuipjn\",\"url\":\"https://twitter.com/Lucky_Rollbit/status/1708986654101230056\",\"description\":\"lucky rollbit's tweet\",\"timestamp\":1696609150004},{\"id\":\"h6844o5hsz9\",\"url\":\"https://cryptoslate.com/solana-based-rollbit-coin-faces-scrutiny-over-crypto-influencer-promotion-tactics/\",\"description\":\"cryptoslate - lucky's promotion tweet\",\"timestamp\":1696610831615}]"},{"id":"twitter_profile","value":"https://twitter.com/Lucky_Rollbit"},{"id":"previous_cid","value":"QmezDRzte9RRUD3arBxigZAk5veQKP9w3FtMeJxSx6ZZoX"}],"user":{"id":"0x212Cb3F4aE6611054637f9f78F18fB628AD258bb"},"author":{"id":"0x212Cb3F4aE6611054637f9f78F18fB628AD258bb","profile":{"username":"zainab","avatar":"QmZzhTxNPnCKWpsPJtS1YeZUiZ5vFSNHCeStpigLs2pRNt"}},"media":[],"views":1,"events":[],"ipfs":"QmezDRzte9RRUD3arBxigZAk5veQKP9w3FtMeJxSx6ZZoX","transactionHash":"0x6f36dd1a84f1dc2b0509487dd3c504db63de3244e1c5fa9a527bde90283c6782","created":"2023-10-06T16:48:34.045Z","updated":"2023-10-06T16:48:34.045Z","images":[{"id":"Qmf5BrqKdsR65un1yWfswVjfbAkMfbUAiMia15BXYz4Rmk","type":"image/jpeg, image/png"}],"linkedWikis":null}