Golden Ball price

GLB

Golden Ball aims to tackle the online gambling and gaming space, a poorly-represented sector in the cryptocurrency space. The developers hope to build an online world with thriving virtual economies, where users can compete with each other in a similar fashion to MMORPGs.

Crediting their use of blockchain technology, Golden Ball claims to have several key advantages over regular gambling operators. By operating a network maintained by a distributed set of notes, applications will not be at risk of server shutdowns, errors or attackers accessing user funds and operators falsely resolving bets. Moreover, the permissionless nature of payments allows users to move their funds without the stringent restrictions typical for traditional gambling. The odds and fairness of various games will be undisputable thanks to the openly auditable source code, as will be the provenance and history of funds.

To achieve this, Golden Ball promises to develop its application to avoid the pitfalls of apps that preceded it and help foster favorable conditions for gamers. It promises an application with an easy setup, allowing users to start in less than a minute without KYC restrictions. The app is also supposed to have a seamless UX experience that will incorporate a permissionless payment system with peer-to-peer payments, micropayments, and asset conversion all in one place. Lastly, security will be provided by the underlying Binance Smart Chain as the settlement layer.

The GLB token is supposed to provide users with unique privileges in the app and give them access to exclusive promotions that will provide an edge on the games offered in the app. For instance, GLB token holders will be able to view odds related to various games that will be hidden from token holders below a certain threshold. GLB will also function as a utility token for deposits, withdrawals, and wagers in various betting and gambling applications within the platform.

The total supply of GLB is 60 billion, with 40% of the liquidity locked on PancakeSwap and 38 billion GLB locked in the owner wallet. Moreover, each transaction is taxed at 8%, with 6% going to the liquidity pool and 2% to project incentives.

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