LBank AMA Recap with GGC
Introduction:
GUEST:
Wojciech Lysak:
Hello everyone. My name is Wojciech Lysak. I represent the https://GGC.GG.International project. GGC is listed on Lbank with USDT pairing.
Make sure to watch this video to learn our +10 years history: https://www.youtube.com/watch?v=dewRc1fQJYw
The company was founded in 2001 when the team was gaining experience while working as freelancers for other lottery projects. This was when the idea of creating an online lottery ticket selling platform emerged. The final result may be seen today at https://LottoPark.com
The success of LottoPark.com inspired the growing team to create and launch WhiteLotto.com, which provides the option of running a platform like LottoPark in a white-label model. Almost every month, a new partner is incorporated, and a new platform is launched. The time required to set up a fully functional platform was reduced from months to weeks by developing the entire platform in-house from scratch, combined with a unique technological approach.
The GG World Lottery was launched in November 2019 and quickly became a hit on the WhiteLotto network. The game portfolio expanded over time with the development of GG World Raffles, GG World Keno, as well as GG World Pick games, and GG World Set for Life games.
While working on the technical aspects, the company obtained licenses to run official national online lotteries. Lotto Zambia (www.LottoZambia.com) was the first to go live in 2019. The company’s strategy is to launch operations in particularly appealing emerging markets. Lotto Nigeria (www.LottoNigeria.com), a new national lottery, was established in 2020. LottoPeru.com and Lotto Haiti (www.Lotto.ht) were both launched in Q4 2021, indicating that the project is visibly growing.
Next year, the team eyes new Top 10 exchange listings and the participation of more countries. So far, several countries have already signed agreements to participate. It is also set to launch an offline casino network in Peru. The company stressed that it is not interested in promoting anything that is gray or illegal.
Given that the project has met all of its milestones and exceeded its promises since 2017, you can be confident that those expectations will be met in the coming months.
GG World Lottery, the first licensed global online lottery, features the biggest game on the planet with a $100,000,000 minimum guaranteed jackpot available worldwide, thanks to local and offshore licenses and a white label network powered by White Lotto software. In the 4th quarter of 2021, its online casino was launched in the White Lotto network and Peru.
G World Games has successfully passed the Gaming Laboratories International tests, a gaming industry authority, and received a certificate for highly-regulated jurisdictions. GLI is a global leader in gaming and lottery solution testing, trusted by regulators in 475 jurisdictions worldwide.
GGC rewards its holders with several benefits simply for keeping it in their crypto wallet. “There’s no need to stake outside of your comfort zone; keep it in your wallet and reap the benefits”.
So far the company has paid out nearly 5 000 000$ in bonuses to GGC holders.
The maximum supply of 12 700 000 coins has been set for this low-cap project. No more can be mined or created.
First five AMA Questions (First Part):
QUESTION 1:
What is White Lotto software?
GUEST:
WhiteLotto.com software gives users the possibility to purchase real land-based lottery tickets such as Powerball® or Mega Millions®.
Those are the two biggest USA lotteries. We enable users from around the world to participate in those games from the comfort of their homes. The jackpots in those games every year exceed 500 000 000$ for the main prize.
The biggest jackpot so far was an incredible 1 500 000 000 dollars!
WhiteLotto Iis a lottery messenger service — users can order real tickets through White Lotto websites.
Our white-label solution is used by multiple partners throughout the world. Head to whitelotto.com and see by yourself how many websites already offer the biggest lotteries in the world thanks to our software.
And what is important for all our token-holders: all these websites offer GG World Lottery and the chance to win the GG World Lottery jackpot increases dramatically with every new white-label website.
The idea is simple, the more tickets we sell, the bigger payout for GGC token holders.
We do operate on legal federal, state, government-issued licenses.
The lottery industry is a multi-billion industry with the longest player retention in the history of gaming.
Example: Lotto industry in the USA alone is twice as big as the Hollywood movie industry.
Thanks to WhiteLotto, everyone around the world can become the online point of sale for the world’s biggest games.
QUESTION 2:
Where can I buy GG World Lottery tickets?
GUEST:
GG World games are now being offered in:
- Zambia — https://LottoZambia.com
- Nigeria — https://LottoNigeria.com
- Haiti — https://Lotto.ht
- Peru — https://LotoPeru.com
All of those countries use GG World software and technology to sell lottery tickets for GG World games.
Those are legal government-issued licenses, which can be checked and proofed on the official government websites.
Those countries do sell tickets online and offline in point of sales like:
Which are spread around the countries.
If you are outside those countries you can still play at our lottery messenger service at https://LottoPark.com. Cryptocurrency is one of the payment methods there so you can also stay anonymous!
More countries are joining the biggest game on the planet by the end of this year and in 2022 and 2023.
Our licenses allow us to operate those games for 10–15 years in this market with the open option for extension for the next decades to come. Making this project a very safe and long-term investment.
QUESTION 3:
What are the next countries on your list to join the project?
GUEST:
I am sorry, this is not something we can disclose at the moment. Lotteries are usually monopoly businesses in every country.
We are lucky to be often selected as the technology and software provider for new lottery projects or the renovation of existing ones.
We prefer to deliver good news and facts, rather than make a list of promises.
Our holders so far respect that we always surprise them with something new every month as a sign of project good progress.
For example, recently we launched our first online casino at https://casino.lottopark.com. This was never in the white paper nor our official plans, yet we like to over-deliver.
I can only say there will be at least one new country from Africa, one new country from Latin America, and one new country from Asia in 2022. Join our telegram announcement group to stay up to date: https://t.me/joinchat/XVtMQJfn0rE4OWI0
QUESTION 4:
How do you evaluate your coin?
GUEST:
I will use and quote the evaluation method from the two most famous investors of all time
Charlie Munger and Warren Buffet
We used the price-to-earnings ratio (P/E) which is one of the most widely used metrics for investors
and analysts to determine stock valuation.
In addition to showing whether a company’s stock price
is overvalued or undervalued, the P/E can reveal how a stock’s valuation compares to its industry
group or a benchmark like the S&P 500 index.
The average P/E for the S&P 500 has historically
ranged from 13 to 15.
The current P/E value for today's GGC price is around 5. Which means that the token is undervalued.
The project has paid out so far $4 545 794,18 in dividends for token owners.
The project earns a % on every ticket sold within the white lotto and the gg world network.
Every lottery ticket sold contributes to the investors' pool which is distributed every quarter to the
token owners.
Investors receive payouts in ETH, USDT, or FIAT.
The more tokens investor have, the bigger share of the investor's payout pool is received.
This is the only token in the world and history of crypto that pays you for holding it inside the wallet and has also speculative value
based on market sentiment.
Price predictions for the next 12 months:
1) $6 for every GGC with annual bonus payout of $0.4$ (B2+B3) (with humble company growth)
2) 2) $18,75 for every GGC with annual bonus payout of $1.25 (B1 + B2) (with no growth + jackpot
3) bonus 1)
4) 3) $21 for every GGC with annual bonus payout of $1.4 (B1 + B2) (humble growth + jackpot bonus)
Please keep in mind that those values are made via economic calculations, this does not include market sentiment which drives the price for totally different reasons.
On top of that, we invite you to google “gordon method calculator” to find out what is the value of the coin as of today using Gordon’s method.
Using P/E ratio calculations or the Gordon method it is very simple to predict that with current performance and 10% safe annual growth, the intrinsic value of GGC for 2022 is around 12.87$ per unit.
Disclaimer: this is not investment advice. This is our calculation based on current performance.
QUESTION 5:
How much have you already paid out in bonuses to GGC holders? How do you perform the payouts?
GUEST:
The project performs the payouts via ETH, Stable coin (usually USDT) and Fiat.
GG World has paid out already nearly 5 000 000$ in bonuses. All this can be tracked on our website at https://ggc.gg.international under the Bonus 2 section and of course in etherscan.
GGC is a very safe haven for long-term passive income and stable stock value growth.
We have a proven track record of players staying with our projects and buying tickets for more than 12 years already. This shows that this is one of the most loyal and long-term investment niches at the moment.
Selected five Questions with Answers from the Telegram community (Second Part):
@DorothaCurran
QUESTION 1:
IF THE BEAR MARKET COMES will your token PROBABLY DUMP? Do you have any plans to prepare for this bear market? How will you handle the panic sale?
GUEST:
The token is on the market for +3 years. There has never been a situation of the token dump in our history. You can check it on: https://coinpaprika.com/coin/ggc-global-game-coin/ or CoinMarketcap, CoinGecko. (Lbank listing is in the progress of adding there)
We have no negative feedback nor pr on the web neither about the project nor about the GGC token. There has never been an issue for past investors to sell the token with good profits so far to the new audience. Yet, we see a tendency that past investors are so happy with passive incomes, that they reinvest and buy more tokens from the market. Due to the fact, the supply is very low, it drives prices up with every purchase.
One of the good advantages of the GGC is that it is not being affected by a bear market. It grows with bullish but does not go down on bearish, thanks to its intrinsic value that can be calculated and ultra-low supply on exchanges.
@TomokoBarnette
QUESTION 2:
Too many projects promise magic but never release any working product or prove any revenue, Within a short/long time of release. Is your project also like this? If not can u tell us, What makes your project different from other projects?
GUEST:
We do have to work on projects for many years now. Go to https://LottoPark.com that been life since 2015 to buy lottery tickets and play GG World Games. Every GG World game sales contribute to GGC owner's passive income.
Go to WhiteLotto.com to open your own white label for the online lottery point of sale.
Check out LottoNigeria.com or LotoPeru.com to see how local games are being played in those countries.
Visit https://ggc.gg.international , section bonus 2, to learn what were the payouts so far to GGC owners. Here’s a teaser:
Currently paid out:
10.12.2019 — $0.001 / GGC
10.01.2020 — $0.003 / GGC
10.02.2020 — $0.009 / GGC
12.03.2020 — $0.011 / GGC
14.04.2020 — $0.0132 / GGC
11.05.2020 — $0.01452 / GGC
12.06.2020 — $0.016 / GGC
22.07.2020 — $0.0176 / GGC
19.08.2020 — $0.018 / GGC
16.09.2020 — $0.0187 / GGC
21.10.2020 — $0.0191 / GGC
18.11.2020 — $0.0191 / GGC
23.12.2020 — $0.0191 / GGC
27.01.2021 — $0.0194 / GGC
24.02.2021 — $0.0195 / GGC
17.03.2021 — $0.0196 / GGC
22.04.2021 — $0.0198 / GGC
22.05.2021 — $0.02 / GGC
30.06.2021 — $0.0205 / GGC
30.07.2021 — $0.02071 / GGC
30.08.2021 — $0.02137 / GGC
30.09.2021 — $0.02139 / GGC
22.10.2021 — $0.02147 / GGC
Meaning in October, the project paid out $0.02147 for every GGC the investors held in their wallets.
@DeidreMurry
QUESTION 3:
The total supply of the token is 12 700 000 units only. No more can be minted or created. The project is a very low cap and ultra-low supply which drives the price up with every new purchase.
@MozelleHoppe
QUESTION 4:
Are you planning to promote your project in countries/regions where English is not good? Do you have a local community for them to better understand your project?
GUEST:
Yes, our Q4 2021 and 2022 plans include promoting the project to Asian communities and opening the first Asian country lottery. We do already operate in Latin America where all Spanish speaking population of the continent can play games at https://LotoPeru.com
@callister19
QUESTION 5:
Almost 80% of investors have just focused on the price of tokens in short term instead of understanding the real value of the project. Can you tell us on motivations and benefits for investors to hold your token in long term?
GUEST:
GGC token has not only speculative/sentimental value for traders but also intrinsic value that can be calculated using P/E or Gordon method based on current performance. More sophisticated investors understand how to make the current and future evaluation using these methods and thanks to that, predict the price and ROI for their investment.
Everyone, I highly advise watching this short video to learn more about the project: https://www.youtube.com/watch?v=dewRc1fQJYw
Feel free to ask questions at contact@gg.international
