The GXG gaming platform is based on the Metaverse concept and blockchain technology, providing a virtual world of entertainment where people can play and chat. It will conceptually upend the traditional gaming industry and open a whole new chapter.
How does GXG work?
On the GXG site, players are allowed to independently develop games on the blockchain, create NFT characters, related to GameFi (game finance), and hold competitions. The games on the platform are quite different from the games, provided by traditional betting game providers
The results of the game will no longer be controlled by humans or computers, but will be based on the attributes of the NFT character, participating in the game. The probability of winning is determined by the smart contract algorithm and the result is randomly generated, based on these probabilities.
Main advantages:
| 1. | The creation model allows users to create their own games as well as participate in games, created by other users. Users will be able to sign up for multiple roles on the platform. |
| 2. | Users will be able to purchase permanent virtual assets on the GXG Metaverse gaming platform. NFT characters can earn high rewards by participating in multiple events, and unique attributes/rarity will allow NFT characters to have certain expectations in increasing value. |
| 3. | The unique odds system guarantees that 100% of all bets will be returned to lucky users. The only factor that can determine the outcome is probability. |
The GXG Metaverse gaming platform provides a multi-dimensional model of gaming ecology and business cycle. Users will not only profit from winnings, but will also be able to benefit by immersing themselves in the game, using their unique NFT character to receive generous bonuses.
Developers can set unique attributes for each NFT role. Criteria and win probability are based on different attributes of each NFT character and are completely transparent. The developer can set the rules, but cannot control the outcome.
Learn more about using tokens
Each GXG token holder will be a shareholder. 65% of the net profit of the casino will be distributed among GXG tokens / shareholders. GXG token holders can continue to receive rewards from the mining pool as developers continue to buy them from the market to provide a safe level of liquidity.
Tokens will be automatically credited to all players for every bet, placed on gxgbet.com. This process of obtaining tokens through staking is called mining. The token is automatically credited to the player's account in real time. The result of the made bet does not affect the possibility of mining tokens. The player receives GXG tokens in any case.