GamerGold (GG) is a smart contract built upon the Ethereum blockchain with solidity encoding. GamerGold (GG)’s code enables itself to be both minted and burned (deflated) in its total supply volumes. This enables GG tokens to retain a set pegged value retention through the method of minting and burning as well as to ensure no hyper-inflations occur.
Each GamerGold (GG) token is par value pegged at $0.25 USD among exchanging GG’s and or GGG’s for example on Matrix Gaming IT brand merchandise and gaming gear.
GamerGold (GG) carries an 18 decimal precision and is only ever issued out when an alike backing of Bitcoin (BTC), Ethereum (ETH) and or USD Coin/USDT Tether ERC20 is held within the Matrix Gaming IT’s operating companies protected custody. This is to enable full and transparent backing via minting and burning. GamerGold (GG) carries utility within Matrix Gaming IT, the ecosystem for global competition gaming. The GG further carries utility within digital treasure mining and collecting via the Matrix Gaming IT Blockchain Treasure Miner contract and marketplaces when exchange with MatrixCoin (MIX) that is built upon the Tron Foundation Blockchain.
A 0.5% BTC/ETH/USDC/USDT “convenience fee” applies to all transactions over $1000 dollars of GamerGold (GG). Any transactions between $500 and $1000 carries a standard $5 USD transaction fee. Any transactions between $5 and $500 carries a standard $2.50 USD transaction fee. The 0.5% convenience fee is already factored into the BTC/ETH/USDC total for the amount of GamerGold (GG) you are buying for tournament staking. GamerGold (GG) will be sent upon confirmation of your BTC/ETH/USDC received into the Matrix Gaming IT Ecosystem’s company escrow holding.
***DO NOT TRY TO PAY WITH PAYPAL!!! YOU WILL BE REFUNDED IMMEDIATELY AND WILL NOT RECEIVE GamerGold (GG) TO YOUR ETH WALLET!!!***
You can earn free faucet of GamerGold (GG) through signing up and earning free amounts of GG GEMS (GGG)s for Matrix Gaming IT ecosystem tasks like daily sign in, inviting and accepting authentic gamer friends within the ecosystem, competing and winning in ecosystem tournaments and much more. Once you earn these GG GEMS (GGG)’s you can exchange them directly to GamerGold (GG) via the Matrix Gaming IT E-Sports Shop. Once a GGG to GG transaction has succeeded you will receive GamerGold (GG) to your ETH wallet associated with your ecosystem gamer account so make sure you are signed up in order to receive GG’s to your ETH wallet. Learn more about how to earn free GGG’s here at: https://matrixgamingit.com/the-nebuchadnezzar-hub/