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What Is Golden Ball (GLB)?
Golden Ball is a BSC token that aims to improve the online betting and gambling transaction system through the introduction of decentralization using blockchain technology. The GLB token enables faster transactions with lower fees. The project plans to integrate with three different gambling platforms, offering cutting-edge gambling and gaming options. Golden Ball believes that the gambling sector is well-suited for blockchain technology.
Who Are the Founders of Golden Ball?
The developers of Golden Ball remain anonymous, which is common for Binance Smart Chain projects. Potential investors should exercise caution due to the prevalence of rug-pulls and exit scams in comparable projects. Golden Ball has not announced any partnerships and has a relatively small social media following.
What Makes Golden Ball Unique?
Golden Ball aims to revolutionize the online gambling and gaming space, which is currently underrepresented in the cryptocurrency industry. The project envisions a virtual world with thriving economies where users can compete in a similar fashion to MMORPGs. Golden Ball offers several advantages over traditional gambling operators, including a network that is not susceptible to server shutdowns or errors, enhanced security, and transparent and auditable source code. The application promises an easy setup, seamless user experience, and permissionless payment system.
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How Many Golden Ball (GLB) Coins Are There in Circulation?
The GLB token provides users with unique privileges and access to exclusive promotions within the app. It functions as a utility token for deposits, withdrawals, and wagers in various betting and gambling applications. 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. Each transaction is taxed at 8%, with 6% going to the liquidity pool and 2% to project incentives.
How Is The Golden Ball Network Secured?
GLB is a BEP-20 token on Binance Smart Chain, which is secured through the proof-of-stake consensus mechanism. Validators are elected every 24 hours and stake BNB coins with Binance to maintain blockchain security.
Can GLB hit $0.01?
Due to the lack of a clear roadmap and product development, it is highly unlikely for the GLB token price to see significant appreciation. While the project does not appear to be a rug pull, there are doubts about its authenticity.
Where Can You Buy Golden Ball (GLB)?
GLB is available for purchase on PancakeSwap (V2).
Answers
What Is Golden Ball (GLB)?
Golden Ball is a BSC token that aims to improve the online betting and gambling transaction system through the introduction of decentralization using blockchain technology. The project promises faster transactions with lower fees by utilizing the GLB token. Golden Ball plans to integrate with three different gambling platforms, offering cutting-edge gambling and gaming options. The project believes that the gambling sector is well-suited for blockchain technology and aims to provide a secure and transparent platform for gambling-related applications.
Who Are the Founders of Golden Ball?
The developers of Golden Ball remain anonymous, which is common for protocols launched on the Binance Smart Chain. Due to the prevalence of rug-pulls and exit scams in similar projects, potential investors should exercise caution when considering these tokens. Golden Ball has not announced any partnerships and has a relatively small social media following, with around 2,000 Twitter followers. However, as the project has been around since July 2021, the risk of it being a rug-pull is somewhat lower.
What Makes Golden Ball Unique?
Golden Ball aims to revolutionize the online gambling and gaming space, which is currently underrepresented in the cryptocurrency industry. The project envisions creating an online world with thriving virtual economies, allowing users to compete with each other similar to MMORPGs.
By leveraging blockchain technology, Golden Ball claims to offer several advantages over traditional gambling operators. The decentralized network ensures applications are not susceptible to server shutdowns, errors, or unauthorized access to user funds. The permissionless nature of payments allows users to move funds without the usual restrictions associated with traditional gambling. The transparency of the source code ensures the fairness of games and the traceability of funds.
Golden Ball promises to develop an application that avoids the pitfalls of previous apps and provides favorable conditions for gamers. It aims to offer an easy setup process without KYC restrictions, a seamless user experience with a permissionless payment system, and enhanced security provided by the underlying Binance Smart Chain.
How Many Golden Ball (GLB) Coins Are There in Circulation?
The GLB token grants users unique privileges within the app and access to exclusive promotions that provide an edge in the games offered. GLB also serves as a utility token for deposits, withdrawals, and wagers in various betting and gambling applications on 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's wallet. Each transaction incurs an 8% tax, with 6% going to the liquidity pool and 2% to project incentives.
How Is The Golden Ball Network Secured?
GLB is a BEP-20 token on the Binance Smart Chain, secured through the proof-of-stake consensus mechanism. Every 24 hours, 21 validators are elected to validate transactions and maintain the security of the blockchain. These validators must stake a certain amount of BNB coins with Binance to be eligible.
Can GLB Hit $0.01?
While GLB targets a promising sector, its vague roadmap and lack of a tangible product make significant price appreciation highly unlikely. Although the project does not appear to be a rug-pull, there is no clear evidence of genuine product development.
Where Can You Buy Golden Ball (GLB)?
GLB is available for purchase on PancakeSwap (V2).
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