Jul 30 / 2019
Latest News / Blockchain news/ Crypto
katy micallef
Posted by: Katy Micallef

[WATCH] Mass adoption: I don’t think we’re far off – Juliet Adelstein

The Malta A.I. and Blockchain Summit sits down with Juliet Adelstein, COO at GanaEightCoin for an exclusive interview on the potential of their stablecoin G8C

“Anyone who’s managed to last in this current nervous environment past six month is clearly doing something right.”

“G8C and Ganapati are firmly of the belief that if we can get crypto into industries that already adopted by the masses, such as the iGaming industry and online casino industry, then we can allow for mass adoption in cryptocurrency to become a bit more of a reality.

The G8C stable coin is a brand new form of stable coin for the iGaming online casino industry. It came about as we were building our own blockchain platform for our online casino – what that meant was that we needed to create a token that not just casino users wanted to use but that the operators and casino sites wanted to have as a payment option on their sites.

The casino users are used to gambling, that’s why they’re used to gambling, so maybe something volatile is something that interests them. However casino operators and the platform and the affiliates and the aggregators sitting in-between want stability. They’re doing exactly the opposite of what the casino players are and going against the idea of volatility, so we needed to find something that they can rely on as well, because without the entire ecosystem working it wouldn’t work. So that’s how our stablecoin was formed, which means that 1 G8C will always equal one minimum bet. This is only possible because we’re already established in the industry.”

Watch the full video interview below:

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