Topic: GXGBet.com | GXGCoin.io - Leading DeFi Gaming Site Needs You 😎 - page 7. (Read 2293 times)

Yes, that is correct nakamura12, cause GXGBet is a licenced online gaming site, it has some KYC stipulations whereas the DeFi site GXGCoin is not subject to the same stipulations. I totally understand the preference for not requiring KYC and want to re-assure members that if there is any issue with withdrawals please don't hesitate to contact me.





Thanks so much Chato1977! Hope you managed to check out the site.

And yes we have 2 platforms, one is GXGBet.com which is the online gaming site with sports betting, live casino and slots etc and the other is GXGCoin.io which is our DeFi site where you can earn by farming and staking our native GXG tokens. Players can earn these tokens either by playing on the gaming site (any bet placed will earn experience points which can be traded for tokens irrespective of whether the bet is won or lost) or users can simply get the GXG tokens from Pancakeswap.

Look forward to seeing you on the sites and Good Luck!





Hi ethereumhunter, thanks for the compliments about the site! Black is my fav colour! Not sure if it makes the site too dark though... We are working on the country restrictions and site loading speeds and I do hope you manage to give the site a go eventually. Looking forward to more valuable feedback from you and others in the forum who I'm sure have way more online gaming experience than me.

I don't see any problems with withdrawals of your winnings as I've promised any bitcointalk community members can just let me know if they're having issues and I will sort it out.





Hey savetheFORUM, yes its a new site and I totally agree there are plenty of other sites in this space. In any case I do hope you get a chance to try out the site sometime in the future when it has had a chance to prove itself a bit more. I get the reservation of trying a new site and then having to encounter different issues which you would not need to deal with on a site you're more familiar with. As mentioned above though, if you or anyone here has trouble with locked or stuck winnings, just give me a shout or message and I will resolve the issue as quickly as I can. Don't forget to let me know any thoughts you have if you ever get to try the platforms in the future. Thanks!




Hey Wiwo, yeah the geo restriction will definitely hinder new customer signups and reduce the efficiency of our marketing activities but I can assure you and all members here that using a VPN won't cause an issue with withdrawals. If you do manage to check out either platform do send me any thoughts you have, positive or negative. Thanks so much!

A Casino with APY doesn't go well in the past. I have seen some similar projects from big players in the industry however I hope you guys will survive and make it out.
GXGBet does sound good and the website design looks good too.

Hope everyone is doing well!

Just wanted to quickly announce our FIRST ever signature campaign being launched here (or on any forum for that matter) which I'm really excited about. You can view the details here https://bitcointalksearch.org/topic/pausedgxgbet-worlds-leading-defi-crypto-gaming-signature-campaign-full-m-5403778.

Only 15 slots available and we're going to run it for a week first as we just wanted to see how it will be received. I plan to fund the escrow shortly so please ignore the part in the thread which states "Payments will be directly processed by GXGBet" as I've just realised this can be a sticking point for some members.

Thanks everyone for making us feel so welcomed here in this forum and to our signature campaign manager Gianluca95 for his hard work in organising everything! Looking forward to a very long and fruitful relationship with all the community members here.

I just become aware of this thread from their signature announcement, for a new casino to launch a signature campaign is a great idea, some casinos take weeks or even months after they launched here, I hope they get a lot of leads from this campaign, unfortunately, their betting site is restricting my location, I cannot go further in my opinion of this project I will have to wait for members reviews and opinions about this casino.

Ive come across into their signature campaign and checked out directly the ANN thread which i could say that it isnt really that bad at all or something new that we do see on this market.

Launching up campaign for exposure is indeed that recommended on whatever new sites/platforms that touched up this market/forum.It might not really be giving out guarantees of success

but at least they are taking some good shot and could possibly able to get on what they are expecting on to this manner but of course it wont really be that simple as it sounds.

We will see in the next coming days how they will treat their players on site.
Since they are running their own sig campaign, they may be serious in reaching out potential users from the forum.
Everyone has their chance to show their worth, so let us see if they can keep their players happy in the long run.

Since this casino has to lunch its signature campaign, it shows to a large extent how willing they are to maintain an active presence in this forum. I have gone through the site and I must say am one fan of web3 casinos since their the casino that brings in the real defi experience.
Keep it up team and have a great time around.

Well, in this thread we are talking about the gxgbet casino, many online casinos have their own points, this is normal, not all of them are tokens, but here, as the developers themselves write, GXC tokens play the role of shares on which players can earn income or use for betting. https://medium.com/@kark2502/what-is-metaverse-and-how-to-invest-in-metaverse-5-different-ways-what-is-gxg-metaverse-gaming-5038fd1d4568

they sell metaverse on both sites (GXGBet.com and GXGCoin.io) which could make it confusing when didn't find it. so GXGBet has to focus on which product they have to sell it here, Casino or Token?. or split the thread to be two, in gambling and token board to avoid the question about metaverse. And, the big % (400+) APY is a bit confusing too when the customer asks it because no listing on the GXGBet.

I didn't find any mentions about the metaverse on the casino website, you can read about the tokenomics of the GXG metaverse tokens on the website https://gxgcoin.io / having studied Whitepaper 2.0 https://gxgcoin.io/images/whitepapero.pdf and Whitpaper 3.0 https://gxgcoin.io/images/whitepaper.pdf

   

Look like you are very excited to answer all posts.

So what kind of metaverse gaming do you offer to us?. I don't find it on the page, I just find the usual game we played here. I am also excited to play a virtual game where we can communicate with each other around the virtual world, I also searched it and find that "Metaverse" in your Social media and Medium. or did launching yet, or is that just a token?

and, what function does GXG points?

* I don't find 2fa also.

Thank you so much peter0425 for your warm welcome to what seems to me to be a very vibrant and tight-knit community! I have to agree that DeFi gaming seems to be gaining some traction yes, hopefully it is able to start getting the attention of a wider audience in time as you mentioned.

With regards to KYC currently, when you sign up online, deposit or play on GXGBet.com, there is no need to verify anything. I know the main concern of many members here, and it would also be my main concern if I was a player, is withdrawing your winnings. I mentioned before that ONLY for the members here, if you have an issue with withdrawals (which I don't envisage) but if you do, please contact me directly.




Thanks so much davis196! Totally understand your reservations about 450% APY, when I first saw it I thought it was either a typo or someone had miscalculated. Yes, I have also seen numerous scams and rugpulls and the limited regulation in this market means little to no protection for many individuals. One of the key basic premises of our DeFi project is, as you mentioned, using 65% of net profits to reinvest. As for who is checking this, how is it done, how can it be verified is where we may differ from others.

As players bet (irrespective of winning or losing) they will earn tokens (using experience points which can directly be traded). These are earnt in a 65/35 split where 65 goes to the player and 35 to the team so the reinvestment is automatic, transparent and happening all the time in real-time. The GXG Tokens can then be used in our DeFi platform to stake or for yield farming or the player can simply go a platform like pancake swap and exchange them for BNB etc and cash out.

And what about just falling yields or straight out theft of tokens ? The development team of most blockchain projects will hold a considerable amount of tokens and use high APY's to attract investors to join at the beginning, but the token itself has no value and cannot continue to create economic benefits causing falling APY's as liquidity increases. Additionally, when individuals in other projects buy a large number of tokens, the team will also sell their tokens on hand to make considerable profits. This is in direct contrast to what we are doing. Firstly, our team doesn't hold any tokens in the initial stage so we can't actually sell and profit from it and the only way we can obtain GXG Tokens is by operating the casino because as a player places bets in the casino, we also earn a proportion (35%) of the rewards meaning. Team tokens cannot be withdrawn from the smart contract until all tokens are mined.

Token mining is controlled by blockchain-based smart contracts. The smart contract code is open and has been verified by the community: Github GXG contracts and Github GXG token. The smart contract algorithm is coded so that no more than 100 million tokens can be mined at all times.

As a blockchain casino, all betting and income on GXGBet.com is open and transparent and the amount of each repurchase is also open and transparent. I hope my explanation is able to, in some way, answer your doubts and allay your concerns. I respect very much your input and appreciate your direct line of questioning as lack of oversight in our industry is a double edged sword and the responsibility may actually fall on some of the more informed community members to keep other less informed individuals safer.

Hahahah I would love to claim Ronaldo as a personal friend and in fact, I do, its just he doesn't see it that way. Totally joking and thanks for your comments and well wishes, we are going to need as much luck as we can get.





Thanks bitterguy28! Of course we would choose one of the biggest baddest forums out there to share our platform with. What I meant by basic KYC is that the site has a simplified verification process where you can just upload from a choice of ID options. But there is not facial recognition or things of that nature. Only our gaming site GXGBet.com has an option for KYC as we are a licenced gaming operator, however our DeFi site requires none as its a separate entity so to speak. Although the two platforms do work in unison with one another since GXG tokens earnt on the gaming site can be farmed or staked on the DeFi platform for additional rewards. Hope that helps to answer you queries about the KYC portion on the gaming platform.

Yes, and that's why I stop and didn't say that I wanted to test it by using VPN. For sure we have been here before and we've seen a lot of gamblers having issues later when they try to get around a gambling's platform TOS and uses VPN just to play. And the issues pop up when they won and they can't withdraw it because they have violated the TOS. And it turns ugly, accusations here and there. So yeah, better for me not to push that button. But goodluck to those who will test and can play on this new platform.

I've also tried to access the website and I've used tor but games didn't loaded. I just saw a glance of the design and there's this goldish design for their name.

I don't think that they can remove those restricted countries if they're following a rule from where they operate. It's part of the regulation that they are obeying but I don't know.

Maybe they really can and it's not a problem to them as it will stop them getting more customers from that particular region where they restricted users coming from.

Seems that a lot are having trouble checking this site because of restrictions. But can the team remove such restrictions in some countries, because I believe they got a lot in the list? Whereas, there are other casinos here that do have curacao license and yet they are accepting the players. Most of them just set the max deposit or withdrawal to $2000. Because if there are a lot of countries prohibited, then, I believe that's one factor that may limit their opportunities to get new players.

This site also Restricted for my location. i also visited this site by using vpn. It was great to look at and its UI was great. But I think it's better not to deposit here. Because since it is restricted for our location. Later, it may get stuck in our withdrawal for pass kyc or any other reason.

First of all welcome to bitcointalk.org ! Hope that you'll work in genuine way and give some more attention to bitcointalk users (this gambling area is really important), by launch promotion and do something of cool for them.

I like also the website, really cool graphic, full of various type of game and so light, no problem to recharge it.

PS: I've sent to you a PM 

Thanks so much notblox1 for the welcome message! I hope we are around for quite some time too cause I kinda just got here... hahahha

Quite a few people have mentioned the slow page loading and our people are working on it. Its especially so on the sports betting page as you mentioned, which unfortunately is also the home page of the site and where every user first lands. So not a great first impression but I promise we are resolving this. Thanks for highlighting this, user experience is of course key especially in such a competitive market.

About withdrawals in bitcoin, let me double check on that one and get back to you. Look forward to seeing your name on that withdrawal list after some big wins!




So cool to hear you went to register on the site so quickly, thanks for that but sad about the fact you need a VPN. Glad you went to the trouble though and hopefully managed to take a look at the platform.

Thanks for the encouragement, working slowly and surely on that roadmap in the whitepaper.

We're in the midst of listing on coinmarketcap now actually. So hopefully that gets done soon and gives me an opportunity to update that exciting news here.

Hope you are enjoying the site and if you have any feedback or issues, don't hesitate to let me know.





Hi khaled0111, yeah, the Curacao licence means some countries are restricted which is a slight obstacle but rest assured, if any member here has any issues with withdrawals from any country, just let me know and I will sort it out. We're definitely not interested in having people deposit and then blocking the withdrawals of their winnings.






Baofeng! Noooooooo! This screen is giving me nightmares! Thanks for the welcome, and so sorry you aren't able to view the site without a VPN. As mentioned above though, if you or any of the community here have withdrawal issues, let me know. Thank you for the well wishes, I'm sure we will need all the luck we can get if we're going to compete with the bigger boys.





Hi Wiwo, I did reply to this one above, sorry I'm like going down the list... so, slowly but surely I'm getting to each post and trying to respond. Not sure if my previous reply was sufficient, but I believe the issue arises when a player subscribes to a bonus and deposits money. He will see 2 balances. A real balance of his deposited funds and a bonus balance. Now if you try to withdraw right now, you will not be able to cause the bonus has been subscribed to.

If you want your real balance withdrawn right now, you would need to unsubscribe to the bonus. But please bear in mind, unsubscribing to the bonus will mean forfeiting any amount in the bonus balance which may or may not include any winnings you have made by betting whether that bet was placed using real or bonus funds. But the platform will most definitely not take any money in your real balance.

Hope that helps to clarify. Thank you for highlighting this and appreciate very much your help in bringing any issues like this to the fore so I can be made aware just in case for some reason I miss out on any posts.





Thanks Reatim for the support and yes, we are serious about maintaining a long-term relationship with all the members here and sincerely dedicated to the industry as a whole. With regards to KYC, I totally understand about the importance of personal information and keeping it out of the public domain as much as possible especially for new and unknown sites like our GXGBet.com and DeFI site GXGCoin.io.

Really appreciate your reply and respect your insight, looking forward to more of it in future posts!





You are correct Strongkored, seems you're quite familiar with the process, thanks for your help in replying, way quicker than me I'm ashamed to say. And thanks for your kind comments about the site and we hope to continue to improve on those loading times, especially in the sports betting sections... Looking forward to all you support and feedback!

The GXGBet team has stated to exclude bitcointalk forum users from KYC requests.  Thus you should be fine using a VPN and that means withdrawal issues may only be resolved via this forum (if they occur).

And what I understand from their T&Cs, certain country restrictions only apply to some games according to the provider. You can sort the games you want to play by providers to suit your VPN location.

Yes it makes me think that if I deposit some amount and gamble then if I can't withdraw it. Since it is restricted in my location. I did not deposit there for fear of this.