GG World Lottery, a unique platform of its kind is extending the entirely online, transparent and open-to-all blockchain platform to government-backed lotteries in Africa. This is the first time that such an efficient and transparent national lottery set-up has been established in the region.
The global lottery industry has generated over $273 billion in ticket sales during the last year. While lotteries continue to grow in emerging markets, even the most mature lotteries have seen sales stagnate and even drop as they fail to adopt modern technologies, marketing tactics and top-notch software. To fill this gap, GG World Lottery is successfully tapping into the unlimited potential of blockchain-based technologies and delivering unparalleled securities. The team is creating multiple African lotteries which are mobile friendly, regulated, and online-based.
Behind the Online Lotteries Market in Africa
The GG World Lottery is a first-of-a-kind blockchain platform offering lottery solutions to a range of players including the government backed ones. The platform has already gained required licenses in various jurisdictions along with signed NDAs and more. The platform has plans to include a number of lottery programs and expand its footprint in the African continent. In order to see through the plan, the company has already partnered with official regulatory entities in the region.
Now, the Question Is Why Africa?
Well, you will be surprised to know that Africa presents a huge growth potential in terms of economy, irrespective of the global recession. Africa is expected to register about a $1 trillion rise in GDP by 2025 and the labor force is going to be the biggest by 2040. In terms of mobile usage, 90 percent of the population in top 15 most developed African countries, have access to mobile making Africa as one of the fastest expanding mobile phone markets in the world. Moreover, the CEO of GG International, Mark Hutchinson is an industry expert with over 35 years of experience in the field and one of the leading authorities in emerging markets, especially Africa.
GG World Lotto to Go Global
The expansion of GG World lottery is not limited to Africa. The company acquired 12 non-disclosure agreements with diverse official regulators in different African countries. All of them are contributing in the project’s plan to create stronger and more appreciated jackpots that would increase the dividends payout to every token holder. Moreover, GG World has also got 17 licenses from twelve countries who are highly interested to run their proprietary software. These countries will also allow the project to run their in-house developed scratch cards, slot games, sportsbooks, casinos, and others of the kind. The project will be implementing GG World Lottery Tickets on all national lottery websites. This will enable players to participate directly from web pages they are already familiar with.
The Next Level of Transparency and Regulation
The project ensures unparalleled transparency since it is based on blockchain-based technology. Apart from being 100% transparent, the platform will also be monitored, and be certified by Gaming Laboratories International – a world-class gaming certification business. There is no risk of shut downs by governments as they will be sanctioned and regulated by them. Profits will be comprehensively shared with the jurisdictions which allow the lotteries to operate.
GG World Lottery also holds a philanthropic side, especially for African countries. It is clearly reflected in the fact that the portion of the profits generated will be donated to charities, a lot of which are intended to help develop under-served territories.
What’s Next?
GG World’s legal team has strictly been following the KYC whitelisting procedure. Investors are advised to through the features and make the most of the ongoing pre-sale!
Know more about the project at GG World’s official website, or visit Twitter and Facebook page to receive regular updates or join the live discussion at their Telegram group!