Football Goal Coin Whitepaper
How the ecosystem shall be navigated
THE MARKET POTENTIAL
The Football Goal Coin (FGC) ecosystem is designed to attract
3 types of users.
- Crypto Traders & Investors
- Sport Fans (Particularly Football Fans)
- Sports Traders
The current crypto market size value in 2023 is $5.15 billion
and is expected to grow at a compound annual growth rate
(CAGR) of 12.5% to $11.71 billion by 2030. Market research
firm GWI indicates that 10.2% of global internet users
between the age of 16 and 64 own crypto, and when
combined with the statistic of 74% of all age groups being
sport fans, Football Goal Coin is in a good position.
Football, with an estimated 5 billion fans worldwide
according to FIFA, is the most popular sport in the world.
Domestic and international competitions attract millions of
viewers, which makes football the most profitable sport with
a global revenue of USD $47 billion. The global football
market size reached USD $3.2 billion in 2022. Looking forward,
IMARC Group expects the market to reach USD $4.0 billion
by 2028, exhibiting a growth rate (CAGR) of 4% from 2023-
2028.
The football sports trading and gambling industry is another related and significantly growing market within the wider collective of sports-related industries. While precise figures are difficult to obtain due to the largely unregulated nature of online sports betting, the global sports betting market was valued at USD $231 billion in 2022. Football is one of the most popular sports for betting, with millions of fans around the world placing bets on matches and tournaments each week. The popularity of football provides a unique opportunity for a serious cryptocurrency like Football Goal Coin to capitalise on the passion and excitement of fans around the world. By issuing coins every time there is a goal in a professional football match, Football Goal Coin offers a new and innovative way for fans and traders to engage with the sport. With the potential to tap into a massive and passionate fanbase, Football Goal Coin offers a unique way to engage with the sport by mining coins during matches in addition to appealing to the existing global user-base of crypto users.
INTRODUCING
FOOTBALL GOAL COIN
Mining System
Mine your favourite goals.
Mine Goals
Mining: One unique feature of Football Goal Coin is its ability to issue coins every time there is a goal scored in any professional football match. These coins can be mined by users with very energy-efficient and low-power devices, such as a smartphone, making it easy and accessible for anyone to participate in the FGC network. This feature is designed to promote engagement and participation in the FGC ecosystem while also providing an added incentive for football fans and investors to get involved.
Exchange
Buy & Sell.
Marketplace
The FGC Exchange Platform is designed to provide users with a fast and secure way to buy, sell and trade FGC coins. The platform includes a range of tools and features to help users manage their investments effectively, including real-time market data, advanced trading charts and order books.
Escrow
Secure & Neutral.
Privatised Transactions
The FGC Escrow service provides a secure way for users to buy and sell FGC privately. The platform acts as a neutral third party, holding funds until the terms of the transaction are met. This provides increased security and reduces the risk of fraud, while also making transactions faster and more efficient.
Payments
Pay, Receive & Send.
Transact
Payments: The escrow platform provides functionality to support payments in FGC for products, services and/or donations.
Lending
Interest Payments.
Lend & Borrow
The FGC Peer-2-Peer Lending Platform provides users with a decentralised way to lend and borrow funds. The platform allows users to set their own terms and conditions, providing greater flexibility and control. This feature is designed to promote access to funding for individuals and businesses whilst enabling FGC token-holders to earn money from their investments.
Franchise
Join The Winning Team.
Global Expansion
The FGC Franchise Platform provides entrepreneurs and businesses with a unique way to invest and profit from the FGC network and ecosystem. The platform allows businesses to help grow the FGC global ecosystem by providing an alternative to traditional investments. This feature is designed to reduce barriers to entry for entrepreneurs, businesses and investors and provide them with greater control over leasing the FGC Exchange software and receiving the expertise in how to provide the service in their own country.
Summary
Ultimately, Football Goal Coin is a unique and innovative new crypto ecosystem that has been designed specifically to meet the needs of serious crypto-investors and sports fans alike.
With its diverse range of features and services, FGC provides a complete solution for both football fans and investors, offering fast and secure transactions, low fees, and a range of benefits. With its commitment to innovation and excellence, FGC is well-positioned to become a leading player in the cryptocurrency and blockchain industry.
***Hosts: Those who host the blockchain (Up to 100 hosts randomly
selected from all the hosts).
**Miners: Those who submitted the data of the event (first 100 to
submit the correct data about the goal).
*The Committee: Those who update the FGC System.
Tokenomics
Maximum Supply
21 Million
Total Supply
19.9 Million
Circulation
90%
Coin Distribution
Mining: 19.8 Million. Pre-Sale: 21K
MINING & GAS FEES
Football Goal Coin (FGC) uses a unique consensus protocol for its mining process, which is partly based on accurate data from professional football games to record goals. This innovative mining protocol is exclusive to FGC, offering a revolutionary approach within the cryptocurrency industry. Unlike other cryptocurrencies that require expensive mining rigs or specialised equipment, FGC can be mined on any device that is connected to the internet. This approach promotes democratic mining and ensures that FGC tokens are accessible to everyone, regardless of their technical expertise or financial resources. By using this new mining protocol, FGC provides a fair and inclusive platform for users to participate in and enjoy the benefits of the FGC ecosystem. Gas Fee: Before mining FGC, users are required to have a small nominal amount of FGC in their wallet to pay for the mining gas fee, which covers basic operational costs. New users are credited with free FGC to cover this fee, and this cannot be sold or transferred for any other purpose. Users can easily purchase additional FGC from the FGC exchange or escrow service to add to their wallet before mining. By maintaining a small balance of FGC in their wallet, users can ensure that they have sufficient funds to cover the gas fee and participate in the mining process at any time. This system is designed to be user-friendly and accessible to all while also ensuring that the FGC ecosystem remains sustainable and functional long term.
A NATIVE BLOCKCHAIN
FOR MORE POTENTIAL
Cryptocurrencies that have their own native blockchain have significant advantages over those that rely on existing blockchains or are built on top of other cryptocurrencies. One of the primary advantages of a native blockchain is the provision of greater control and flexibility over the cryptocurrency’s design and functionality. With a native blockchain, developers can tailor the blockchain to the specific needs of the cryptocurrency, allowing for greater customisation and innovation. This can lead to faster transaction times, lower fees, and improved scalability, all of which are crucial for the success of any cryptocurrency. Native blockchains also provide greater security and decentralisation, as they are not reliant on a third-party blockchain or platform. This reduces the risk of attacks or hacking attempts, as well as providing greater transparency and accountability for users. Furthermore, cryptocurrencies with their own native blockchain have the potential to create new ecosystems and platforms within their respective industries. With the launch of the Football Goal Coin (FGC) Blockchain, FGC is not only creating a new cryptocurrency but also a range of services and platforms specifically tailored to the modern age.
By leveraging the benefits of a native blockchain, FGC can provide a comprehensive suite of services, including an exchange platform, escrow services and peer-to-peer lending, all of which are tailored to the needs of its users and investors. This creates new opportunities for users within the ecosystem by providing greater access to financing, investment, and trading opportunities.
Overall, cryptocurrencies with their own native blockchain have significant advantages over those that rely on existing blockchains or platforms. With greater control, flexibility, security, and decentralisation, native blockchains are wellpositioned to drive innovation and growth within their respective industries, creating new ecosystems and platforms for users to participate in.
THE FGC BLOCKCHAIN
Blockchain technology has revolutionised the way we conduct transactions, particularly in the digital age. Its decentralised and secure nature provides businesses with a reliable way to transact with their customers and stakeholders. The FGC Blockchain technology is inspired by the Bitcoin Blockchain but tailored for football fans, crypto traders and investors that are looking for fast, secure, and efficient ways of transacting.
Fine-Tuned For FGC: The FGC Blockchain has been optimised for mining and transaction capabilities, making it unique and superior to many other blockchain technologies. This has been achieved through a thorough identification and analytical review of the Bitcoin Blockchain, followed by an agile and innovative approach to areas identified for improvement. The FGC Blockchain combines the robustness of the Bitcoin Blockchain with the agility required by the latest demands.
Secure Distributed Ledger: The FGC Blockchain is a distributed ledger that is used to record and display FGC cryptocurrency transactions securely. This ledger is digital and operates on a decentralised network of computers, meaning that the data is not stored in one central location.
This feature ensures that the data is more resilient to cyberattacks and that any attempt to tamper with the data can be quickly detected and prevented.
Premium Cryptography: To prevent dishonesty, FGC Blockchain uses premium cryptography to connect blocks, ensuring that transactions are secure and verifiable. The cryptographic hash of each block, along with a timestamp and transaction data, is recorded in each subsequent block.
This provides the user with assurances about the authenticity of the previous block. Each block is connected to the previous block, forming a chain that cannot be altered once recorded.
Honesty & Authenticity: FGC blocks are tamper-proof once recorded because each block affects all subsequent blocks.
The interconnected nature of the blockchain enables authenticity and honesty to be maintained. This ensures that everyone can transact with others without fear of data being tampered with.
With premium cryptography and tamper-proof blocks, the FGC Blockchain provides a secure and reliable way for users to transact with each other. The FGC Blockchain is an excellent choice for those who are looking to embrace blockchain technology and enjoy the benefits of a secure and distributed ledger system.
THE FGC EXCHANGE PLATFORM
As cryptocurrencies become more prevalent in the world of business, it is important to have a reliable and secure platform for trading these digital assets. The FGC Exchange is a platform designed to facilitate the trading of cryptocurrencies, offering users a range of features and benefits. Capabilities: The FGC Exchange is a cryptocurrency trading platform that offers all the capabilities of current exchanges but with some additional functions that are not currently available on other platforms. The exchange allows users to trade FGC as well as other leading crypto coins in the market. This means users can diversify their investment portfolio, take advantage of the potential gains in different cryptocurrencies and buy with many fiat currencies. In addition to trading capabilities, the FGC Exchange provides users with access to advanced trading tools such as real-time trading charts, market data and order books. These tools enable users to make informed decisions and execute trades quickly and efficiently.
THE FGC ESCROW
The FGC Escrow is designed to facilitate transactions,
including payments for goods and services without the need
for any middlemen. This function is particularly useful for
businesses that wish to transact directly with their customers
or suppliers. The FGC Escrow provides a secure and reliable
platform for transactions by ensuring that both parties are
protected from fraudulent activities.
Peer-to-Peer Trading (P2P): In addition to its trading
capabilities, the FGC Escrow allows users to buy and sell
cryptocurrencies directly with each other without the need
for an intermediary.
The FGC Escrow also offers users to optionally nominate an
escrow manager to help manage their transactions in private.
This feature is helpful for users who prefer to continue to
keep their transactions confidential or for those who wish to
employ a trusted third party to oversee their transactions.
The P2P feature of the FGC Escrow allows users to transact
with each other in a decentralised and secure manner,
ensuring that transactions are completed quickly and
efficiently. The platform provides a secure and reliable
environment for users to trade cryptocurrencies, allowing
them to avoid the high fees and restrictions associated with
traditional banking systems.
THE BENEFITS OF THE EXCHANGE & ESCROW
The FGC Exchange and Escrow offers several benefits for
users. Firstly, the exchange allows users to trade a range of
cryptocurrencies on a reliable and secure platform. This
means that users can take advantage of potential gains in
different cryptocurrencies and diversify their existing
investment portfolio.
Secondly, the FGC Escrow provides a secure and reliable
platform for transactions, by ensuring that both parties are
protected. This function is particularly useful for businesses
that wish to transact directly with their customers or
suppliers.
Thirdly, the P2P feature of the FGC Ecosystem offers users a
decentralised and secure platform for trading the leading
cryptocurrencies globally. It allows users to trade directly
with each other, providing a cost-effective alternative to
traditional banking systems. The platform’s advanced trading
tools and features help users to make informed decisions and
execute trades quickly and efficiently.
Finally, the FGC Escrow allows users to nominate an escrow
manager to help manage their transactions in private. This
feature is useful for users who prefer to keep their
transactions discrete or for those who wish to employ a
trusted third party to manage their transactions.
In conclusion, the FGC Exchange and Escrow are valuable
tools for those who wish to trade cryptocurrencies securely
and efficiently. The exchange offers users a range of trading
capabilities including the ability to trade multiple
cryptocurrencies, while the escrow provides a secure
platform for transactions. The FGC Exchange and Escrow
offer users multiple benefits such as transparency, security,
and efficiency, making them ideal solutions for businesses
and individuals alike. With the use of premium cryptography
and a distributed ledger, the FGC Blockchain ensures
authenticity and honesty in all transactions, making it an
excellent choice for those looking for a reliable and secure
platform for trading cryptocurrencies.
THE FGC PEER-2-PEER LENDING PLATFORM
Peer-2-Peer Lending: P2P lending has emerged as an attractive alternative to traditional lending platforms, providing borrowers with easier access to credit and investors with new investment opportunities. With the launch of the Football Goal Coin (FGC) Lending Platform, users can now take advantage of the benefits of P2P lending within the FGC ecosystem.
The FGC Lending Platform allows borrowers to request loans and investors to lend their coins in exchange for interest payments. It is designed to be accessible to a wide range of users, with low fees and minimum loan requirements. This allows borrowers who may have previously been excluded from traditional lending platforms to access the credit they need to fund their projects and long-term goals.
Investors who lend on this platform can earn interest on their FGC by lending their FGC coins to borrowers on the platform.
The FGC Lending Platform is fully transparent, with all transactions recorded on the FGC Blockchain, providing added security and transparency to the lending process.
THE FGC FRANCHISE
As part of the final phase of the Football Goal Coin (FGC)
launch, the Committee will focus on expanding the
ecosystem and network globally. One of the key strategies in
achieving this goal will be the establishment of a major FGC
Exchange in most countries to provide the same exceptional
facilities and protocols as the original FGC Exchange.
To accomplish this objective, the Committee will offer an offthe-shelf solution to interested businesses whereby they can
apply for a franchise and receive guidance and assistance in
setting up the FGC Exchange service. This approach will
ensure a standardised, high-quality protocol for all FGC
Exchanges and promote the expansion of the FGC ecosystem.
To maintain the high level of service expected from the FGC
franchise family, businesses seeking to become part of the
franchise will be required to adhere to strict security and
quality requirements.
In summary, the establishment of FGC Exchanges in every
country is a crucial element of the FGC ecosystem’s global
expansion plan. The use of an off-the-shelf solution and strict
quality standards will ensure a uniform, high-quality service
across all FGC Exchanges and support the continued growth
of the FGC ecosystem.
THE FGC COMMITTEE
The FGC Committee is a group of lead developers and project managers who are tasked with the following; Initially the Committee will be made up of the founding members. Overtime, the Committee will expand and bring in more members in line with being as transparent and democratic as possible. Should there be any major decisions that could affect the Football Goal Coin ecosystem, the committee will be able to request a vote from FGC holders to help with the decision making. Once Football Goal Coin is completely decentralised, the FGC Committee shall be the overseers of the ecosystem and carry out relevant and regular system updates. The Committee will eventually become a decentralised autonomous organisation (also known as a DAO) and shall be governed by the accepted rules of governance which shall be transparent, automated (as much as possible) and approved by its members.
The build
THE ROADMAP
Phase 1: Initial Coin Offering
- ICO
- Test Advertising Strategies
- Server Setup
Phase 2: Start Build
- Blockchain
- Mining
- Exchange & Escrow
- Advertising & PR
Phase 3: Launch
- Launch FGC
- Expand Advertising
- Initiate Market Making Protocols
Phase 4: Expansion
- Peer-2-Peer Lending Platform
- Franchise The Exchange
- Allow Users To Trade Other Coins