The cryptocurrency platform has opened up a whole new way of carrying out secured, transparent and user-friendly financial transactions.
Although the idea of blockchain is still opaque to some people, it would be smart to keep an eye on the application of blockchain technology in the lottery industry, as utilized by GG World Lottery.
As ICOPULSE points out, Bitcoin gambling has many advantages which make lottery and casinos using bitcoin very promising business models.
What is The GG World Lottery?
First, GG World Lottery is aimed at taking care of challenges caused by regulations, and at the same time improving significantly on transparency and openness by using the Ethereum platform to run the lottery.
How it Works
The platform is built to function on mobile devices, for easy accessibility and convenience for players on the platform, which tends to bring in more players and provide them with the opportunity to join in lottery events of world-class standards.
Based on the Ethereum crypto platform, accessibility, ease-of-use, transparency, and security are guaranteed. GG World Lottery intends to extend its reach to every possible market which would spread even as far as Africa.
Furthermore, in hopes of totally eliminating other intermediaries, the GG World Lottery platform is posed purposely to give players a ton of advantages on the system by letting them participate from their homes and convenience while avoiding fraudsters that tend to be on lottery platforms.
The GG World Lottery platform also protects players by employing the blockchain nodes which are popularly known for their security. It provides transparency and openness by making draws are done fairly through the use of TRNG tech that works with Quantis Random Number Generator.
More so, it will also utilize the provided benefits of DLT in sharing profits with appropriate stock-owning community registered members and existing jurisdictions depending on their existing legal, regulatory frameworks.
Also, there is a sizable allocation of profits for verified charity organizations towards upholding their social commitment to giving back to society.
How Far Has GG World Lottery Gone?
The GG World Lottery platform has been able to obtain up to 17 different licenses from governments around the world and continuously extends its network in these governments. They are also working to extend the platform’s coverage to the rest of the world by getting more licenses from the regulatory bodies in other countries.
As a participant in the GG World lottery project, you have the opportunity to benefit from buying the GG Coin (GGC) tokens. As a token holder, you can get dividends, which are given out quarterly. The remuneration depends on the amount of tokens that the investor holds at that particular point in time.
The GG World Lottery will cover a wider range of players from different continents which extends their capabilities to serve others on the platform. With security and transparency guaranteed, the possibilities that are being made available on this platform for the online lottery are endless.