The Ganapati Group, well-recognized name in the iGaming industry for its unique Japanese-themed games, held an exclusive event to announce the launch of its G8C token officially. The token is to be issued by its subsidiary – GanaEight Coin Limited. The launch was planned to coincide with Malta Blockchain Week to kick off the week of the blockchain conferences and events in style.
The party was held at Naxxar’s spectacular Grade 1 listed palace, Palazzo Parisio, and was attended by the entire host of top names in the iGaming, blockchain, and tech firms from across the world. Not just that, but key members of the government of Malta were in attendance.
Malta’s Prime Minister, Joseph Muscat, also announced his full support for this blockchain-based initiative took by Ganapati Group. According to PM of Malta, the launch of the G8C token is a significant step for Malta to become a world leader in technical innovation.
The G8C token brings a totally new approach for online gaming with it. Also, it represents an innovative approach of blockchain technology with iGaming, since the token is not just virtual currency to be utilized on online gaming platforms, but also designed to be bet on its own original blockchain platform.
The token provides a number of unique features. Among many features of the token, a noteworthy one is the lack of transaction fees needed to bet with it which enables quick and cheap play. The token defines itself as a new form of stablecoin. It will be holding a stable value making sure about the lower risk with greater reassurance for the investors. This initiative is going to be the first for iGaming industry since no other gaming ICOs are offered as such.
With such a spectacular Japanese theme running via the launch party, it comes as no surprise that the event attracted the attention putting the Ganapati Group and G8C on the map.