Blockchain
GoldenBall Protocol Announces Token Sale on Pancake Swap
Tallin, Estonia–(Newsfile Corp. – November 16, 2021) – Golden Ball Protocol, a community driven, fair launched DeFi token, announced the launch of its token sale on popular DEX platform Pancakeswap. Users can get their hands on the next generation BSC-based utility token that is set to revamp the online betting and gambling industry.
Figure 1: GoldenBall Protocol Announces Token Sale on Pancake Swap
The golden ball token utility will encompass cutting-edge gambling and gaming options. The minimum viable product (mvp) will be rolled out with three tried and tested gambling options that have a track record of securing significant adoption on previous dapps. These tried and tested gambling options, combined with golden ball’s competitive advantages and the golden ball token use cases (both detailed below), will be leveraged to secure early traction of the dapp. Once an early user base has been onboarded, and any potential feedback from these users has been addressed, golden ball will begin to implement more popular gambling options and will eventually progress to implementing proprietary games.
Moreover, golden ball will provide users with the possibility to enter online worlds with thriving virtual economies. Golden ball will roll out online games that enable users to collect virtual items and trade these items on a liquid marketplace. Similar to massive multiplayer online role-playing games (mmorpg) like runescape, participants will be able to compete and interact with others to build digital wealth that can easily be transitioned into other assets. This provides an extremely enticing opportunity in an era where central banks are incorporating excessively expansionary monetary policies, this is particularly pertinent to citizens in areas where their domestic currency is undergoing severe devaluation at the hands of inflation. For instance, venezuelansfarming gold on runescape began earning over ten times the salary of a doctor in the country.
Golden Ball Would Incorporate True Decentralization to Resolve Current Problems
Golden ball has structured the dapp in a manner that avoids the adoption pitfalls of previous generations and helps foster favourable conditions to the technology becoming the leading gambling and gaming dapp. The biggest gaming and gambling coins currently have market valuations of $2.8 billion and $475 million. By securing a leadership position, alongside the bullish growth of the broader digital asset ecosystem, golden ball anticipates that it will grow to have a market valuation greater than the combined $3.3 billion valuation of the current biggest gaming and gambling platforms.
With the imperative of becoming the leading blockchain-based gaming and gambling platform, golden ball will put in place the following structures to secure a competitive edge over incumbent platforms:
Easy setup: users will be able to get started in less than one minute. Golden ball will support a wide variety of Binance smart chain ecosystem wallets, enabling users to simply link their wallets and start betting immediately. No kyc, no restrictions, just gambling.
Openly auditable algorithm: the true fairness of previous gambling platforms has been nebulous, while transactions have been openly auditable on the underlying blockchain, the algorithm behind the gambling games has been hidden. Golden ball will be the first dapp with an openly auditable algorithm, allowing users to verify the fairness of the games they’re participating in.
Seamless ux experience: gambling dapps of previous generations have predominantly been hindered by clunky and poorly-designed uxs. Golden ball has assembled a deeply experienced design team to shape a seamless and intuitive ux.
Cutting-edge gaming technology: blockchain-based gaming apps have also historically provided a poor user experience. The infrastructure underpinning the golden ball game offerings will provide an unprecedented experience to blockchain-based gamers, the technology stack has been carefully considered to address all of the major issues that are present in the incumbent blockchain-based games.
Permissionless payments: the decentralized nature of golden ball will enable users to easily make payments with no restrictions. Peer-to-peer payments, micropayments, and asset conversion all become easily manageable
The security of the binance smart chain ecosystem blockchain: the transactions carried out in the golden ball dapp will be settled on the binance smart chain ecosystem blockchain, a network secured by vast computing power distributed worldwide. Deeply experienced team-golden ball has assembled a team of experts in both the field of blockchain technology and online products.
The Golden Ball Token ($GLB) and Its Utilities
The golden ball token (glb) will play a critical role in the golden ball ecosystem network. It will bestow users with unique privileges within the dapp. Glb token holders will have access to exclusive promotions that will give them an edge on the gambling games offered in the app. Glb token holders will be able to further this edge by viewing odds related to various games which remain hidden to users without sufficient glb tokens.
Blockchain’s suitability to gambling-related applications was evident from the early proliferation and adoption of gambling-related applications on blockchain technology. Until 2020, gambling was the dominant decentralized application (dapp) type and was the only application type that catered to over 1 million users. Gambling dapps also accounted for the million share of active users. Over 50% of the gambling dapp users were active on a daily basis and gambling accounted for roughly 40% of the active users of all dapp sectors.
The growth of defi means that gambling’s domination of dapp usage has been displaced and is unlikely to return. However, the rise of defi is ultimately a healthy development for the prospects of gambling-focused dapps.
The growth of defi has resulted in more capital entering blockchain-based protocols, more liquidity for tokens underpinned by these protocols, and greater attention given to crypto-related assets generally, the next-generation gambling apps will have a wider user base to address, a bigger capital pool to compete for, and a more competitive environment in regards to other applications. With the gradual improvement of blockchain-based dapps, it is critical that the next generation of gambling dapps improve and innovate upon previous generations and provide their users with more valuable and enticing offerings.
To learn more about Golden Ball Token visit Goldenball.finance
Social Links :
Twitter : https://twitter.com/GoldenBallToken
Telegram : https://t.me/goldenball_official
Media Contact :
Contact Person : Marvin Miroslav
Company Name : Golden Ball Token
Email : [email protected]
Website : https://goldenball.finance/
Source : Golden Ball Token
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/103764
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Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
The post Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users appeared first on News, Events, Advertising Options.
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
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