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Summary of Golden Ball (GLB)
Key Points
- Golden Ball is a BSC token aiming to improve online betting and gambling transactions using blockchain technology.
- The project promises faster transactions with lower fees using the GLB token.
- The developers are anonymous, and the project has a small social media following.
- Golden Ball aims to create an online world with virtual economies and permissionless payments.
- The total supply of GLB is 60 billion, with 40% locked on PancakeSwap and 38 billion locked in the owner wallet.
- Each transaction is taxed at 8%, with 6% going to the liquidity pool and 2% to project incentives.
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About Golden Ball
In the realm of cryptocurrency, Golden Ball is an esteemed entity that has garnered a reputation for its unwavering commitment to fostering a secure, transparent, and efficient ecosystem.
Introducing Golden Ball (GLB): A Revolutionary Cryptocurrency
Golden Ball, a BSC token, is poised to revolutionize the online betting and gambling transaction landscape by harnessing the power of blockchain technology. By leveraging the GLB token, users can expect to benefit from expedited transactions accompanied by significantly reduced fees. As outlined in the project’s whitepaper, Golden Ball envisions a cutting-edge gambling and gaming ecosystem, with plans to integrate its platform with three distinct gambling platforms. Following an initial onboarding and testing phase, the platform aims to expand its offerings to include more popular gambling options, culminating in the development of proprietary games. Golden Ball firmly believes that the gambling sector is an ideal fit for blockchain technology, given its inherent properties that make it an ideal host for gambling-related applications.
The Visionaries Behind Golden Ball: Meet the Founders
The developers behind Golden Ball have opted for anonymity, a phenomenon not uncommon among protocols born on the Binance Smart Chain. Given the prevalence of rug-pulls and exit scams among similar projects, potential investors would be prudent to exercise caution when considering the acquisition of these tokens. Notably, Golden Ball has yet to announce any partnerships, and its social media presence remains modest, with a Twitter following of approximately 2,000 users. However, having been in existence since July 2021, the likelihood of it being a rug-pull is somewhat diminished.
Unveiling the Unparalleled Excellence of Golden Ball
Golden Ball sets its sights on revolutionizing the online gambling and gaming landscape, a niche that has been underserved in the cryptocurrency realm. The developers envision a vibrant online world, replete with thriving virtual economies, where users can engage in competitive gameplay reminiscent of MMORPGs.
Golden Ball attributes its competitive edge to the innovative application of blockchain technology, boasting several key advantages over traditional gambling operators. By leveraging a decentralized network maintained by a distributed set of nodes, the platform ensures that applications are impervious to server shutdowns, errors, and malicious attacks on user funds, as well as fraudulent bet resolutions by operators. Furthermore, the permissionless nature of payments enables users to transfer funds without the restrictive constraints typical of traditional gambling platforms. The transparency and fairness of various games are guaranteed by the openly auditable source code, which also provides an immutable record of fund provenance and history.
To achieve this, Golden Ball pledges to craft a cutting-edge application that sidesteps the pitfalls of its predecessors, thereby cultivating a conducive environment for gamers. It vows to deliver an application boasting effortless setup, enabling users to get started in under a minute, unencumbered by KYC restrictions. The app is designed to provide a seamless UX experience, seamlessly integrating a permissionless payment system that facilitates peer-to-peer payments, micropayments, and asset conversion, all within a single, intuitive platform. Furthermore, the underlying Binance Smart Chain will serve as the settlement layer, ensuring robust security.
What Is the Circulating Supply of Golden Ball (GLB) Coins?
The GLB token is designed to afford users distinctive privileges within the app, granting them access to exclusive promotions that offer a competitive edge in the games featured on the platform. Notably, holders of the GLB token will be able to view odds related to various games, which will be concealed from token holders below a certain threshold. Furthermore, the GLB token will serve as a utility token, facilitating seamless deposits, withdrawals, and wagers across various betting and gambling applications within the platform.
The total supply of GLB is capped at 60 billion, with a substantial 40% of its liquidity locked on PancakeSwap, while a staggering 38 billion GLB remains secured in the owner’s wallet. Furthermore, each transaction is subject to an 8% tax, with 6% allocated to the liquidity pool and 2% dedicated to project incentives.
The Golden Ball Network’s Robust Security Framework
GLB is a BEP-20 token situated on the Binance Smart Chain, which leverages the proof-of-stake consensus mechanism to ensure a secure and reliable network. Every 24 hours, a cohort of 21 validators is elected to validate transactions and maintain the integrity of the blockchain. To be eligible for this role, these validators must stake a predetermined amount of BNB coins with Binance.
Will GLB Reach the $0.01 Milestone?
Despite venturing into a promising sector, GLB’s ambiguous roadmap and absence of a tangible product render it highly improbable for the token price to experience substantial appreciation. Although the project does not appear to be a deliberate scam, it lacks the semblance of a genuine product in development.
Where to Acquire Golden Ball (GLB) Tokens
GLB is now conveniently listed on PancakeSwap (V2), offering users seamless access to this coveted digital asset.
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