GCoin, which strives to be one of the first cryptocurrencies incorporated into gaming and games, fashions itself as a fairer distribution for all. The
GCoin, which strives to be one of the first cryptocurrencies incorporated into gaming and games, fashions itself as a fairer distribution for all. The mission behind the creation of Gcoin was to introduce a coin that would be both simple and impartial for all to take part in and earn coins. To achieve this target, the developers behind this crypto-coin claims to have looked at the demerits of other digital currencies and put in place strategies to better them. Consequently, the barrier to gain entry into the system is relatively low; for instance, it does not require a complex and costly machine to mine.
What makes GCoin Different?
Besides entering into the system being a lot simpler than those of its predecessors an individual does not require a lot of dollars to trade in the cryptocurrency. It also doesn’t give those in the know a fair advantage over the vast majority of the ordinary persons. Since it is possible to use a modest machine to mine, virtually anyone interested can easily join and begin earning GCoins. The necessary technical know-how is within reach for all individuals who are interested in utilizing the digital currency.
The Maximum Number of Coins Available
GCoin features an entirely new and different distribution mechanism intended to break down the point of entry to allow anyone to participate and get involved in the crypto revolution. Unlike its rivals that come with an inbuilt limit to the max number that can be generated Gcoin aims to increase, from time to time, the number of coins in circulation. GCoins can only attain its maximum limit after a generous total of 200 billion coins enter into circulation, a figure that many agree is enough to cushion against unwelcome volatility.
Benefits of the cryptocurrency’s large distribution
One of the many advantages of this arrangement is, since there are enough coins in circulation at any one time, the price will not be extremely volatile. Limiting the maximum number an individual can produce has seen the valuations of some currencies double and then instantly halve again within a short time (a span of a few days). If all goes well, then the substantial distribution of GCoin will always insulate it from volatility, a feature that will translate to increased consumer and investor confidence in the digital currency.
Using the Cryptocurrency
GCoin Foundation is working extremely hard to get the acceptance level of its coins at the same level as those of other prominent cryptocurrencies, before finally surpassing it. Some of its milestones include casino games such as Slot that players can use GCoin to play, whose app and wallet are available in Google Play Store. With time, the currency will be accepted across a full range of firms and countries thereby becoming a credible currency.
GCoin is determined to make a huge difference in the highly competitive crypto currency world. Being an alternative to other already established digital currencies, GCoin is working hard to overcome all the challenges. Luckily, the digital currency is already putting in place measures to offer a compelling, safe, broadly distributed and hence readily accepted alternative in the cryptocurrency realm.