What is GG Token (GGTKN)?

GGTKN believes it will become the most popular, easy-to-use payment method for lottery and gambling services. The GG Token market size is covered by legal gambling onshore licenses issued by local governments and has already acquired 90% of the Sub-Saharan Africa population, which has a population of 1.14 billion, all of Latin America’s population, Central America’s population, and the Caribbean Islands’ population.

“GG TrueRandomness” Design System 

The randomness solution’s main point is the TRNG server with Quantis TRNG hardware installed. The TRNG server is hidden behind the Public API server, the gateway to the real TRNG server, and communicates with it to provide publicly accessible random numbers. 

The TRNG Server is accessible only for requests initiated from the Public API Server or Lottery Central Server (used when the blockchain is unavailable for any reason, for example, because of heavy usage). The TRNG hardware was created by ID Quantique SA, Chemin de la Marbrerie 3, 1227 Carouge, Genève, Switzerland. 

GG International uses the 16Mbps PCI-E version of the Quantis hardware, which has the most certifications on the market, including NIST SP800-22 Compliance, METAS Certification, and CTL Certification, and has been approved by national authorities. It uses a quantum optical process as a source of truly unpredictable randomness. 

The output is a high-bitrate stream of random numbers that passes all statistical tests; the most notable ones are NIST and DIEHARD. Quantis is also highly resilient to environmental influences. The use of this technology by GG International is unique on a global scale, as it integrates the RNG system into a provably fair application that provides draw transparency to its users by using Ethereum smart contracts.

Normally, the Lottery Central Server communicates with the Ethereum Node Server, which uses the Smart Contract deployed on the Ethereum Network to fetch random data using Oraclize (3rd party company) from our publicly accessible API hosted on our Public API Server. It will provide the draw’s transparency, but it will also expose the draw’s infrastructure to the public. 

The Quantis RNG algorithm is based on quantum physical processes, which are fundamentally random. Subatomic particles’ behavior at the quantum level is one of the few completely random processes. From the point of view of quantum physics, light consists of elementary “particles” called photons. Photons exhibit random behavior in certain situations. 

One such situation, which is very well suited to generating binary random numbers, is the reflection of a semi-transparent mirror. The fact that a photon incident on such a component is reflected or transmitted is intrinsically random and cannot be influenced by any external parameter.

GG Token has thirty years of experience in the lottery industry and a dozen years of experience in online software, giving them a nice head start to bring users a fully transparent, decentralized, blockchain-based, online lottery software that powers up multiple government-regulated lotteries and the biggest lottery across the globe, the GG World Lottery, with a guaranteed minimum jackpot of $100,000,000. 

The success of the GG World Lottery inspired the team to develop more games: GG World Raffle, GG World Keno, GG World Pick 3, GG World Pick 4, GG World 5/90 NAP 2, GG World 5/90 Chance 5, and new ones are already in the testing stage.

The team created the GG Token for many unique reasons: 

  • To educate the population of Africa, Latin America and the Caribbean about blockchain technology.
  • To give an alternative to Mobile Money and Vouchers system for many unbanked worldwide. 

Who are the founders of GG Token (GGTKN)?

Wojciech Lysak is GG’s International Director. He is an expert in international solutions and has fifteen years of experience in online gaming entertainment and online marketing. He is well-known and always present at multiple gaming conferences. 

Allen Wu is GG International Asia’s Director. Allen Wu is a serial entrepreneur entrenched in several sectors, including financial services, technology, minerals, aviation and tourism, and real estate. He is CEO of BZG Asia Investment LLC, Chairman of Regent Blockchain Group, and Chairman of Achiko. Meanwhile, he serves as Vice Chairman of the Global Belt and Road Foundation, Executive Director of the Global Blockchain Association, and First Vice Chairman of the Apac Economic Leaders.


What is GG Token (GGTKN) used for?

Betting

Users can play different betting games and win big.

Utility and rewards 

GG Token offers utility and benefits for instant deposits and withdrawals without any additional cost for the transfer. They offer up to 80% discounts in e-commerce shops when buying digital and physical goods with GGTKN. There are also more generous bonuses in the casino (deposit bonuses, free spin bonuses, cashback bonuses). The rewards can be used for anonymous gambling when using wallets available via walletconnect integration.

Payment 

Their unique GGToken.Shop in-house payment gateway operates in 20 countries already, with worldwide expansion ahead. It accepts cards, mobile money, e-wallets, and other alternative payment methods. 

Raffle Draw

They have a dedicated GG TKN raffle with draw fairness and transparency thanks to blockchain-based draws. It is available via CoinPayments.net and other cryptocurrency PSPs.


How is GG Token (GGTKN) unique?

Although the average transaction cost for mobile money or vouchers varies between 12 and 15%, with GG TKN, it is now lowered below 1% and still maintains the transfer speed of around 1-3 s thanks to the BSC BEP20 blockchain. To encourage people to use the token on a broad network of worldwide partners who all agreed to give special ongoing discounts and bonuses for those who pay with GG TKN.

They have a team of industry experts united together towards the common purpose of creating the biggest, fully transparent lottery games. We create and manage the software for multiple national lotteries in Zambia, Nigeria, Peru, and Haiti. The number keeps growing, as 17 countries from sub-Saharan Africa, Latin America, and the Middle East are waiting to join the project. 

They operate the best white-label lottery intermediary software, WhiteLotto, offering the possibility to run a lottery messenger service translated into 40+ languages in a white-label model.


How many GG Token (GGTKN) coins are in circulation?

The GG Token has a total supply value of 12 726 273 000 GGTKN.


How is the GG Token network secured?

Since the drawing process has been questioned by many for years, they have decided to revolutionize the old-school drawing methods and provide a solution that puts an end to any doubts. The True Random Number Generator developed by their team is unique on the world-scale level by integrating the RNG system into a provably fair application that provides the draw transparency by using Ethereum Smart Contracts. It is also certified by Gaming Labs International and has its security audit executed by Interfi. 


How do I buy GG Token (GGTKN)?

The GGTKN token can be used for a wide range of purposes, like payment and betting.

GGTKN tokens can be easily purchased by following the following steps: 

Open an account with the crypto trading platform.

* Deposit the specified amount of fiat currency into your account.

* Wait for your deposit to be confirmed and buy GGTKN through your trading account.


Which Cryptocurrency Wallet Supports GG Token (GGTKN)?

The PTPWallet platform supports many cryptocurrencies, with GGTKN soon to be included. Because of its vast use case, PTPWallet has grown to become one of the most used platforms, as it serves as an exchange and an engine to discover other cryptocurrencies. The platform offers a simple user interface, is supported by both Android and iOS devices, and comes with its own mobile wallet app.

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