# \#9 Investment Proposal - Lucky Savings

**URL:** <https://cavedao-fund.discourse.group/t/9-investment-proposal-lucky-savings/28>\
**Category:** Investment Proposal\
**Tags:** proposal, lucky-savings\
**Created:** [April 7, 2025, 10:49am UTC](https://cavedao-fund.discourse.group/t/9-investment-proposal-lucky-savings/28 "2025-04-07T10:49:14Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![Investment\_Manager](https://avatars.discourse-cdn.com/v4/letter/i/ac91a4/32.png) [@Investment\_Manager](https://cavedao-fund.discourse.group/u/Investment_Manager)\
**Post date:** [April 7, 2025, 10:49am UTC](https://cavedao-fund.discourse.group/t/9-investment-proposal-lucky-savings/28/1 "2025-04-07T10:49:14Z")

</div>

# 1. Project Overview

**Project Name** : Lucky Savings  
**Company Name** : Lucky App Limited  
**Company Location** : Hong Kong  
**Category** : DeFi  
**Official Website** : [LuckySavings.io](https://LuckySavings.io)  
**Whitepaper** : [Lucky Savings Whitepaper](https://docs.google.com/document/d/1XyO6wEnaBlTvpCFAWb0NBPelFJo7z5QvBl5AMoXPZVM/edit?usp=sharing)  
**TGE Timing (expected date)** : 2025 Q3-Q4

### Token Information (if applicable)

**Token Ticker** : LUCKY  
**Token Type** : ERC20  
**Explorer Link** : [KaiaScan](https://kaiascan.io/)  
**Total Supply** : 10,000,000,000  
**Current Circulation Supply** : None  
**Smart Contract** : NA  
**Audit Report** : NA  
**Market Cap** : NA  
**Unlock Schedule** : NA

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# 2. Team

### Executive Members

- Stephen Cheung
- Andy Lee

### Organization Chart

- Dinis Araujo
- Roy Chen

### History and Milestones

- **Stephen Cheung**
  - Background: General Partner at WAGMI Ventures, with extensive experience in traditional finance and blockchain.
  - Achievements:
    - Managed over $100M in assets as a licensed securities professional in the U.S.
    - Founded DAO House, overseeing treasuries exceeding $400M.
    - Enhanced leadership through successful ventures in finance, blockchain, and restaurants.
    - Education in more than five countries.

- **Andy Lee**
  - Background: Expert in product development and operations, focusing on consumer apps (games, digital banking) and business solutions (fintech, SaaS).
  - Achievements:
    - Launched products generating over 1M+ DAU and $200M in annual revenue.
    - Founded Legend of Arcadia, launched $ARCA token with FDV of $80M.

- **Dinis Araujo**
  - Background: Web3 developer and blockchain researcher with a PhD from NOVA IMS.
  - Achievements:
    - Key researcher in European blockchain projects like Communitas and EBSI.

- **Roy Chen**
  - Background: Expert in product operations and user growth.
  - Achievements:
    - Founded HypeSaints, first Web3 project by STEPN.
    - Generated significant revenue for major gaming companies (Tencent, Riot Games, DreamSky, CMGE).

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# 3. Business

## Business Status

### Project Description

Our platform introduces two innovative features:

- **Lossless Lottery** : Users deposit USD Stablecoin or KAIA, and only the yield from these savings funds a lottery, ensuring no capital loss.
- **Lossless Launchpad** : Users fund blockchain projects with yield, maintaining principal safety while supporting innovation.

### Problems to Solve

In today’s financial landscape, traditional savings lack excitement, and blockchain technology remains inaccessible to most due to complexity and perceived risk. Over 60% of people worldwide play lotteries for the thrill and hope of winning, yet less than 1% ever secure significant prizes. Similarly, 70% of individuals are interested in investing but are deterred by high risk and complexity. Lucky Savings addresses these gaps by integrating with LINE—a trusted, daily-use platform in Asia with 220 million monthly active users—to offer a simple, secure, and engaging financial experience.

### Project Features

- Lossless Lottery and Launchpad on LINE Messenger

### Key Achievements

- **Line Approval** : Secured permission to build on LINE.

### Competitor Comparison

- None on LINE

## Tokenomics

### Token Utilities

- **Lossless Lottery Pool:** Users deposit $LUCKY tokens into a dedicated pool, paired with USDT from our treasury to create liquidity on DEXs. The yield from this liquidity funds a lottery, ensuring no risk to the principal.
- **Multi-Pool Funding:** Fees from USD Stablecoin and KAIA pools are reinvested into the $LUCKY pool, amplifying the prize pool and token value.
- **Governance (Future):** $LUCKY holders may participate in governance decisions for platform upgrades and project selections in the launchpad, pending regulatory approval.
- **Revenue Distribution:** 100% of protocol revenue (e.g., fees, yield) is fed back to $LUCKY token holders/stakers, creating a self-sustaining ecosystem.

### Revenue Model of the Protocol

- 100% of the Fees from USD Stablecoin and KAIA pools are reinvested into the $LUCKY pool, amplifying the prize pool and token value.

### Value to Kaia Ecosystem

- DeFi TVL growth and new user acquisition

### Strategies

- **Win Win Win - Fight Fight Fight**

## Business Plan

### Marketing Strategy

- **Leverage Points** : Exploit LINE’s social graph, Kaia’s developer community, and low-cost traditional channels for maximum reach with minimal spend.
- **Behavioral Drivers** : Focus on Motivation (excitement of winning), Ability (simplicity via LINE), and Prompts (notifications, stickers) to drive action.
- **Cost Efficiency** : Prioritize organic growth, partnerships, and free tools over paid ads, keeping costs under $50,000 for the first 6 months.

### Community Strategy

- **LINE Messenger Strategy** (Primary Channel)
  - Action: Launch a referral system where users earn LUCKY Points for inviting friends who deposit (e.g., $10 USD/KAIA). Integrate LINE stickers (exclusive Lucky Savings designs) as rewards—LINE users love stickers, driving organic sharing.
  - Execution: Pilot with 10,000 LINE users within 2 weeks, using LINE’s free API for notifications. Track referral rates and iterate based on engagement data.
  - Psychological Leverage: Use FOMO (e.g., “Your friend just won—join now!”) and social proof (leaderboards in LINE chats) to trigger sharing.
  - Scalability: Aim for 1M users in 3 months via network effects (Reed’s Law), as each user brings 5+ friends.

### Partnership Strategy

- **LINE Influencer Partnerships** (Cost: $2,000, Impact: High)
  - Action: Identify 5 micro-influencers (5K–50K followers) on LINE who focus on finance, gaming, or lifestyle in Asia. Offer them free lottery entries and $LUCKY tokens for promoting Lucky Savings in their chats/stories.
  - Execution: Reach out via LINE’s business API (free) within 1 week, track engagement (clicks, deposits) over 2 months.
  - Psychological Leverage: Leverage their trust and social proof to build credibility among followers.

### Backer

- Yes

### Risk Points

- NA

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# 4. Industry

### Market Overview

Lucky Savings targets a massive and growing market, leveraging LINE’s dominance in Asia and the global rise of blockchain finance. Key market dynamics include:

- **LINE User Base:** With 220 million monthly active users, primarily in Asia (e.g., Japan, Thailand, South Korea), LINE is a cultural staple integrated into daily life. Over 60% of these users engage in financial services via LINE Pay, creating a prime audience for Lucky Savings’ lossless lottery and launchpad.
- **Lottery and Savings Market:** Globally, lotteries generate over $300 billion annually, with 60% of players motivated by excitement but deterred by risk. In Asia, savings rates exceed 30% of GDP, yet traditional savings products lack engagement. Lucky Savings addresses this gap with a risk-free, thrilling alternative.
- **Blockchain Adoption:** 70% of individuals are interested in investing but hesitate due to risk and complexity. Lucky Savings simplifies blockchain access via Kaia Chain and LINE, tapping into a $1.7 trillion crypto market projected to grow to $10 trillion by 2030 (Statista, 2023).
- **Cultural Fit:** LINE’s high engagement, local penetration, and direct marketing potential make it ideal for financial innovation, positioning Lucky Savings as the first Web3 miniApp on LINE with a lossless model.

### Potentials

- 220 Million Monthly Users

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# 5. Investment Overview

- Term : SAFT(Simple Agreement for Future Token)
- Proposed Investment Amount : US $30,000
