Fantasy Gold Coin (FGC) eSports Cryptocurrency Set To Expand & Grow Fast
FantasyGold Corp. has announced the release of its eSports cryptocurrency, Fantasy Gold Coin to provide a more secure and cost-effective solution for gamers.
Most Daily Fantasy Sports sites take a 10 percent commission for each contest, along with raking credit card processing fees as high as 5 percent – altogether cutting player profits by a large margin. Worse, on these sites, deposits can be frozen or stolen.
With FGC, transaction costs are drastically lowered using a transparent blockchain & open ledger, leaving players feeling confident their deposited funds are safe and used only to pay-out prize pools, and ultimately make the players more money.
In addition to its transparency, FGC is considerably faster than other cryptocurrencies like Bitcoin and Ethereum, creating and finishing transactions in seconds, instead of hours. Still, an original conversion from fiat currency to FGC is needed.
While other competing gaming coins like NoLimitCoin [NLC2] have opted to use AliPay, Fantasy Gold Coin [FGC] worked closely with UK based payment processor, Skrill to ensure better security of consumer funds.
According to Jason Liberto, Chief Operating Officer of FGC:
“our concern with using a China-based company like AliPay, is their legal ability to seize both customer and business funds during escrow given the type of contract they provide. This may seem unlikely, but given the current fickleness of legality of crypto in countries like China, we wanted to spare no chance.”
Using Skrill, anyone can buy FGC today from DraftDaily.com, and use those funds to invest, or play in fantasy tournaments. Other direct depositing methods, including Debit Card and ACH transfer are also set to begin within the coming weeks.
This type of dedication and care for consumer shown by the developers of Fantasy Gold Coin has been present since their beginnings. Previously DFS Coin, FGC has always been at the forefront of the convergence of gaming and crypto, long before other projects in the space.
Even though others like Ethereum Token Unikoin Gold Coin may [UKG] claim this honor, FGC was the first to announce and host its own Las Vegas eSports Video Game Tournament (Watch clips from the last tournament at the official FGCArena website).