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Title: LUCKY X Raises $10 Million Strategic Round to Expand Verifiable Web3 Gaming Infrastructure
Web3 gaming platform LUCKY X today announced the completion of a $10 million strategic financing round at a $30 million valuation. The new funding will be used to further develop the platform’s provably fair infrastructure, expand multi-chain capabilities, strengthen security systems, and support global platform expansion.According to the team, the round was backed by long-term participants from the blockchain, gaming, and iGaming sectors. With this latest financing, LUCKY X has now raised a total of $15 million since the project was initiated in 2025.LUCKY X was officially established in January 2025 alongside an initial $5 million angel round supporting core team formation, underlying infrastructure development, and provably fair system research.In late August 2025, the platform entered its testnet and Early Access phase, gradually opening core gameplay features to early users.On March 20, 2026, LUCKY X officially launched its mainnet on Base, introducing on-chain deposits, withdrawals, and game settlement functionality.In May 2026, the platform completed its first major infrastructure upgrade, introducing a new multi-chain asset access architecture supporting networks including Solana, BNB Chain, Ethereum, Arbitrum, and Tron.At the technical level, LUCKY X focuses heavily on a “Verification over Trust” approach. The platform utilizes a provably fair framework built around VRF (Verifiable Random Function), hash chain structures, and salt commitment mechanisms, allowing supported game results to be independently verified through publicly available cryptographic records.Parts of the platform’s verification systems and related smart contract code are publicly available on GitHub.Following the completion of the financing round, LUCKY X plans to focus on:Continued developm...
This press release is issued by King Newswire