What is Football Goal Coin?

Football Goal Coin (FGC) is a groundbreaking fintech ecosystem specifically crafted for widespread adoption. With its distinctive fusion of football and blockchain technology, FGC presents investors with an opportunity to engage in a pioneering project with significant growth and potential. The FGC ecosystem encompasses the following comprehensive global services (currently being developed): Cryptocurrency, Blockchain, Exchange, Escrow, Mining System, Payments, Lending, Franchise, Off-The-Grid Storage, and DAO Management Committee.

Using encryption algorithms, the FGC cryptocurrency is an alternative form of payment like Bitcoin. Like all high-end cryptocurrencies, FGC uses encryption for security as it functions as both a currency and a virtual accounting system.

The unique mining process of FGC is set to make Football Goal Coin the most democratically empowered coin on the market. Not only is the mining protocol completely environmentally friendly and without any excess energy and equipment costs, it is completely accessible by anyone on any device connected to the internet.

Each FGC shall be divisible by 100,000 fragments. Fragments are called nets and a single fragment is called a net.

FGC shall be opened to all exchanges willing to make it available to their users and all transactions shall be recorded on the FGC Ledger.

The FGC Blockchain is based on the Bitcoin Blockchain and offers all the same exceptional benefits. In addition, the FGC Blockchain has been fine tuned to take advantage of the superb mining and transaction capabilities that make FGC unique.

FGC Blockchain is a distributed ledger that securely records and displays the FGC cryptocurrency’s transactional records in digital blocks. To prevent dishonesty, the FGC Blockchain uses premium cryptography to connect blocks.

Each FGC block uses a security protocol that records a cryptographic hash (mathematical sum) of the previous block, a timestamp and transaction data in the block. Hashing provides the user with assurances about the authenticity of the previous block.

Blocks connected with this level of security form a chain, thus the name ‘blockchain’. FGC blocks cannot be altered once they are recorded because each block affects all subsequent blocks. Authenticity and honesty are maintained by this method.

Imagine owning a cryptocurrency that is created only when an actual goal is scored in any professional game somewhere in the world.

Mining FGC is a highly gripping experience and fully accessible to all. FGC users will be able to use any device to mine FGC including their smartphones.

The FGC mining protocol is completely original and exclusive to FGC. The founders of FGC believe this mining system will be a game changer for all future coins. This is because the mining process places all the power and control of mining firmly in the hands of users.

More detailed information on this exclusive mining system will be released soon.

When Football Goal Coin is launched, there shall be an accompanying FGC Exchange and FGC Escrow system.

The FGC Exchange will have all the capabilities of any current exchange plus the extra functions that other exchanges do not currently have. In addition to being able to trade FGC, the FGC Exchange will allow users to trade many other leading crypto coins on the market.

The FGC Escrow is designed to facilitate transactions including payments for goods and services as well as transactions without the need for any exchange. Furthermore, the escrow function will allow users to nominate an escrow manager to help manage their transaction in private.

We have seen the collapse of high profile exchanges such as MTGOX, Light Tree and FTX accompanied by their highly questionable activities and inadequate management. This is the number one reason why people lose money in the cryptocurrency industry.

Football Goal Coin provides a simple yet highly effective solution to prevent anyone losing their FGC or money via any exchange. By allowing users to download their FGC on any device by simply clicking download, we believe we have provided a simple solution to a complex problem.

Not only will users be able to download any FGC at any time, they should also expect the same service from any exchange they use to buy or hold FGC. In short, if you want full control of your FGC, download and save them.

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 final phase of the Football Goal Coin (FGC) launch 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 off-the-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.

The FGC Committee is a group of lead developers and project managers tasked with the following;

• Keeping the FGC Systems’ integrity in line with the FGC White Paper
• Update the FGC System in accordance with general updates including any technology updates.
• Expanding the FGC System in accordance with the FGC White Paper and business objectives
• Keeping in line with appropriate lawful requirements

Initially the Committee will be made up of the founding members of the FGC System. 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 entire FGC ecosystem, the committee will be able to request a vote from FGC holders to help with the decision. The goal is to give users as much control as possible.

The Committee will 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.