GG World Announces Reverse ICO as It Prepares to Offer Regulated Blockchain Lotteries
GG World’s ICO has been announced to start from November 2, 2018, and the investors are keen to discover the benefits of this revolutionary idea, offering completely transparent, online and government-regulated national lotteries to players and interested investors, globally. Identifying a pressing need for disruption in a market which is incredibly popular, yet notably old-fashioned, GG World Lottery has come up with a solution that can bring the industry up-to-speed by implementing blockchain and other state-of-the-art technologies. With a team of seasoned veterans and innovative approach, the GG World Lottery project stands out from the rest of the projects. Unlike other projects in the crypto-sector, the company has taken a reverse ICO approach to raise funds and build a strong community of interested investors, players, and even governments. The GGC token, to be issued as a part of the token sale also brings special benefits to the participants as token holders.
Why Is GG World ICO Interesting for the Investors?
The upcoming GG World Lottery ICO will undoubtedly become one of the best options to invest in 2018: an extraordinary professional team with a substantial industry background, unique offering with lucrative gains for investors and token holders, an ability to get the lifetime revenue share. By taking part in the GG World reverse ICO, investors will become eligible to receive a reverse share – USP of the platform’s special business model. The model includes the distribution of dividends based on jackpot prize wins. Overall, the platform intends to create a win-win situation for everyone including investors and lottery operators (government or private).
The GG World Lottery platform protects both players and users by employing blockchain nodes. It provides additional transparency by ensuring fairness of draws through the integration of TRNG technology based on Quantis True Random Number Generator. Also, it will utilize the advantages offered by DLT to share profits with eligible community members and respective jurisdictions as per their existing regulatory and legal frameworks. In addition, the platform also allocates a significant percentage of the profits, to be channeled to verified charitable organizations
The Rise of the Online Gambling Industry
For starters, GG World Lottery platform will take care of the issues that come with regulations while improving transparency levels by offering the lottery on Ethereum smart contracts. The platform will run on mobile devices, for added convenience and easy accessibility to the players, which will in turn appeal to more players and give them a chance to participate in world-class lottery programs.
With a model built around security, transparency, ease-of-use, and accessibility, GG World Lottery hopes to tap into unexplored markets such as the African, Asian, and South American continents. Thanks to GG World Lottery blockchain platform, the gambling industry is also set to receive a facelift as it will get rid of outdated lottery hardware such as communication routers, ticket dispensers, monitors, scanners, tickets, and terminals. In addition to removing retailers and other intermediaries from the equation, the platform will provide numerous advantages to the players by enabling them to play right at their homes while eliminating fraudsters from the lottery ecosystem.
What Makes the Project Special?
- It’s a Reverse ICO – Not a Startup with Merely an Idea
GG World Lottery knows better than to step into a vastly competitive market of the kind empty-handed. The project is responsible for developing one of the most unique products in this category – comprehensive white-label lottery software which offers a ticket-purchase courier service for the most well-known lotteries throughout the world. This allows it to open multiple lottery ticket-selling websites on behalf of its partners.
- Backed by Professionals
The project’s team consists of industry experts with decades of experience in the field of national lotteries. GG World Lottery’s CEO, Mark Hutchinson is a start-up expert with a background in some of the early lotteries in the US, including Wisconsin, Kansas, and Colorado. Furthermore, Mark is one of the founding members of Lotto America, which grew to become the biggest lottery in the world – the Powerball.
- A Lot to Come in Future
The company isn’t just starting the GG World Lottery. Apart from this, they are creating numerous African, South American and Asian lotteries. It has signed agreements with official regulators in a range of specified countries to be an official channel partner or to run national lotteries. They will be entirely online, government-backed and regulated, and mobile friendly.
- Enhanced Transparency
GG World Lottery has introduced its True Random number Generator (TRNG). The project has come up with a unique system which will deliver entirely true random numbers which is based on the natural randomness in the world.