LuckyBit is a Bitcoin gambling website. It works by allowing users to send BTC to certain addresses which then return it in various multiples such as x0.2, x1.2, x3, x99, etcetera according to calculated chance. At the time of writing, nearly 100,000 BTC has been wagered on the site. LuckyBit created these coins as promotional items to advertise the website. Though the majority of coins are silver plated, ten .999 Silver coins were created exclusively for employees of the site. In addition six non-plated rounds were produced as a test strike, one of which was auctioned off.
The front of the coin declares LuckyBit as the ‘#1 Bitcoin Game’, and features an image of the game as it appears on the website (‘bitcoins’ drop down into slots in real-time corresponding to the multiplier). Gears are a central theme on both the back and front, with the pattern on the back’s outer rim resembling a gear. These gears refer directly to the game theme, but more indirectly symbolize the precise engineering behind crypto-currency. The coin has a small hologram compared to its size, and the back has repeating text of the LuckyBit website and ‘LuckyBit’ to encourage visits to the site. Each coin is serialized.