THE CONTENT IS PROVIDED BY GG WORLD LOTTERY
The ICO market has seen quite some ups and downs during 2018. We’ve seen lots of scams and the market evolved to meet the expectations of the investors and trustworthy projects alike. The most common scenario seen during the ICO hype was raising the funds with a shiny website combined with a revolutionary whitepaper and disappearing of the team along with investors money afterwards. That’s why STO’s are becoming more popular, as a safer alternative. Today, we’d like to present you a project that went quite unnoticed, but deserves some attention as it has already started to deliver what’s been promised.
GG World Lottery aims at creating the first, regulated worldwide online lottery on top of licensed, national online lotteries. The GG International team behind this project has a vast experience in the lottery field. The company’s portfolio includes white label lottery software, allowing website owners to sell the tickets for all of the world’s most popular lotteries, already used by multiple partners across the world. It’s worth adding that the White Lotto system has been developed by the company from scratch and includes a well-thought, user friendly front-end and rich in features CRM, affiliate program, all backed with a set of analytic and reporting tools.
The Team Behind The GG World Lottery
The team is led by the industry legend, Mark Hutchinson, who stood behind the startup of numerous US State lotteries as the ones in Colorado, Kansas or Wisconsin, but also national lotteries in the UK and South Africa. He was also a founding member of one of the states that created Lotto America, which has later become the world’s biggest lotteries – Powerball.
Then there’s Tomasz Kłapsia as the company’s CTO. The coding team under his lead hes developed a lottery technology providing full transparency of the draw process by using the Ethereum blockchain and a unique True Random Number Generator (TRNG). The solution uses the world’s natural randomness based on quantum physics principles. The system has successfully went through the tests of Gaming Laboratories International, a recognized authority in the gaming industry and has been certified for use in highly regulated jurisdictions. GLI is a leader in the field of lottery testing and gaming industry solutions, trusted by regulators in 475 jurisdictions around the world.
The project is being developed in quite a spectacular way, as it has already achieved many milestones. The first lottery, Lotto Zambia, that will become a part of GG World Lottery in the near future is already live. The company has targeted African markets as the first ones, but it’s also expanding in other parts of the globe. We’ll see the launch of the next lottery soon, this time it will based in Peru. As the company informs, it’s just the beginning, as it has already acquired numerous licenses to run national online lotteries in Africa, South America and Asia. Supporting the local societies through charities and good causes is an important part of the lotteries’ ecosystem, allowing to build up the brand and product awareness.
The STO
The fundraising during the GG International STO was mostly focused on the company’s own network with a minimum media exposition. The company has decided that such way will be the most fitting among the bad PR coming along numerous ICO scams. What was meant to attract investors to the project is the fact that the offered GGC token comes with a quarterly-paid dividends, based on every GG World Lottery jackpot win.
Unfortunately, we’ve got some bad news if you’re interested in the project: the tokens are not available in the public sale any more, as this phase has ended in March. Contacting the token holders directly or waiting for the exchange listing expected soon is currently the only way to get GGC.
THE CONTENT IS PROVIDED BY GG WORLD LOTTERY
