Ganapati Group has appointed lawyers Dr Kristina Deguara and Hayato Terai, both pictured, as co-CEOs of GanaEight Coin, the issuer of the G8C cryptocurrecny for online casinos.
Licensed in Malta and Japan respectively, Deguara and Terai will ensure the compliance with the legislation in both countries, with a focus on Malta, where the G8C tokens will be issued.
Ganapati previously announced the creation of a new Initial Coin Offering with subsidiary GanaEight Coin in Malta, with the G8C token dedicated to the online casino market. Ganapati Malta has a B2B Class 4 casino licence issued by the Maltese regulator, the MGA, from where it supplies online slots with Japanese influences.
The biggest feature of the GanaEight Coin token is that it can be used on its
own blockchain to bet and play. It does not take a transmission fee and it’s
not necessary to exchange tokens for chips.
The token sale is planned for the first quarter of 2019.