GWN Coin

About GWN Coin

GWN is an ambitious project dedicated to help in countries where technology is not the order of the day, or where technological backwardness does not allow it to advance. The GWN run in the Binance Smart Chain. To Understand where the GWN Coin will run, our users need to know that the Binance Smart Chain (BSC) is a blockchain network built for running smart contract-based applications. BSC runs in parallel with Binance’s native Binance Chain (BC), which allows users to get the best of both worlds: the high transaction capacity of BC and the smart contract functionality of BSC.
BSC combines both delegated PoS and proof-of-authority (PoA) to achieve network consensus and maintain blockchain security. PoA is known for its capacity to thwart 51% attacks, as well as its tolerance for Byzantine attacks.

In this model, there are elected validators who take turns in confirming transactions on the network and are tasked to produce the blocks in a PoA manner, which puts the amount of their stake and their reputation in the community into consideration. To become a validator, a user must stake BNB.

This consensus model allows BSC to achieve around three-second block times. If a block proposed by the validator gets added to the chain, they receive the transaction fees incurred in that block as their reward.

Now understanding why, we selected the Binance Smart Chain to run our project is to giving speed to transactions, safety, and less fees.

This will be the main Usability of the GWN Coin:

Money Transfer
Remittances, which is the name given to the money or allowance that emigrants regularly send to their family and friends to our countries of origin, usually present some drawbacks, such as, for example, the cumbersomeness of the shipment, the commissions that there are to pay for the service, delays, etc.

Services pay
Because cryptocurrency operations are decentralized and do not involve intermediaries or institutions, they somewhat eliminate some of the costs that make payment operations for different services more expensive.

Payment in Stores
Payments made in stores carry extra expenses. In addition to taxes, the cost of using credit cards or other means of payment, where institutions or entities that charge for their service intervene, will be added, something that is reflected in the total payment for any material good acquired.

Payments in Restaurants
Instead of using credit cards to pay in a restaurant the use of cryptocurrency is more attractive. Restaurants that are affiliated with a certain cryptocurrency, for example the GWN, offer the customer considerable savings.

Donations
Donations will be favored using cryptocurrency, especially the GWN, as this is a way to send your donation without paying the cost of intermediaries when carrying out that operation.

Rewards in games
The Video Games market has developed in a dynamic way in recent times and in the same way it has become a way to generate considerable dividends. As expected, the world of cryptocurrencies arrived in the world of video games and the way of seeing them has changed, bringing extra interest to players. The currencies or cryptocurrencies such as the Gowinable, GWN is undoubtedly seen to increase the interest of the players when participating in the debate.

Purchase of NFTs
NFTs (Non-Fungibles Tokens) are the digital version of an asset that is interrelated with a certain value, for example a work of art, a musical composition, a collection piece, etc. They are used to acquire, totally or partially, a certain asset.