Technology

The company uses a series of different technologies.

The company uses a series of different technologies to support both the Lucrar token smart contract and project NFTs smart contract.

The Lucrar smart contract has been deployed on the Binance Smart Chain, due to its security and cheap transaction fees. The project NFTs smart contract was also deployed on the Binance Smart Chain.

The company is adopting a series of Web3 technologies such as DeFi protocols and a decentralized exchange to allow anyone to provide liquidity (LP), earn LP fees, and more.

The company team is building the NFT marketplace on React to improve security and fast interactions.

The company uses the 'Oracle' technology (a bridge between the blockchain and the real world). When someone buys the 'blindbox' at the price of 55 euros or more (or cheaper than 45 euros), then the smart contract updates the NFT mint price to around 50€ worth of Lucrar tokens. The team can also manually update the mint price to around 50€ worth of Lucrar tokens whenever the mint price is more expensive than 55 euros or cheaper than 45 euros.

The company also paid for a Dedicated IPFS Gateway to run the NFTs faster and smoother, with 100GB/month bandwidth included.

The Lucrar project mobile application is intended to be developed on Flutter.