Faqs/Answers

Most of the questions we have received early involve the use of the GToken crypto token. Although our token will be given a different name, the term GToken will be used throughout to represent our future cryptocurrency offering. The GToken is an innovative and unparalleled marketing tool, to help rescue and grow the golf industry in a declining period. So, most of our FAQ's will try to educate the reader on what the GToken is and where it comes from.

It depends on what you need. If traditional services are required, then each has to be scheduled and contracted (See Products/Services). If innovative services are the primary need, which is our main focus, then IGS will provide services to educate and train golf course staff on cryptocurrencies, how to use them, how to operate, what to do when they have questions, what to do if things go wrong, and so on. IGS will provide full training and support for cryptocurrencies and innovative marketing ways to use them to better the golf course and community's image.

The pilot systems will be done in the U.S. But, as soon as possible, the GToken will be introduced to both Europe and Asia. Our model is both scalable and universal. With cryptocurrency, borders disappear, making the model immediately usable in most locations, especially those with English and French as the main languages.

Cryptocurrency is a virtual exchange medium that uses cryptography to secure its transactions and control the creation of the system units. Cryptocurrency is associated with the internet using a cryptography process converting legible information into an almost unbreakable digital code.

For most people, cryptocurrency topics are difficult to understand. Cryptocurrencies key management mechanics commonly confuse people. There are cases in which people who purchased cryptocurrencies in the market to make money and have not yet obtained any real value. Thus, cryptocurrencies are volatile relative to the traditional fiat currencies like the Dollar, Pound or Euro.

Our cryptocurrency, the GToken does work on the payment side, but its real value to the game of golf and its golf course owners is it is used as new marketing tool to attract new and previously hard-to-attract golfers to the game.

Why use cryptocurrency?

Basically, cryptocurrencies are known for their extreme security and anonymity at the highest level. Transactions made by this system cannot be reversed nor faked and are favorably priced compared to what your local bank charges. Cryptocurrencies decentralized nature also makes them available to everyone, in whereas banks can only be available to those they permitted to open accounts. So, in general, they are more inclusive.

But, people who invest in cryptocurrencies must be aware of its volatility in the market and the possible risk when buying it.

The unique part about the IGS crypto is we are using it to market and increase golf clientele to help and save golf courses. We truly use the GToken as a marketing tool.

There is no exact number of existing cryptocurrencies in existence. This is because the programming code of cryptocurrency is an open source, this means that anyone has the chance to create their own version of cryptocurrency by just using the code. But as of this moment in mid 2018, the estimated cryptocurrencies in the marketplace are more than 1600, along with the data embedded in them, which can be seen on the list of registered coins. The GToken will be just another crytpcurrency on the web.

The first cryptocurrency that was recorded in the digital data was bitcoin, created in late 2009.

  • Bitcoin: This cryptocurrency was the first in the ecosystem and the most commonly traded cryptocurrency until today. In 2009 Satoshi Nakamoto developed Bitcoin, an entrepreneur who developed blockchain. For the record it had a market capitalization of $0.127 Trillion in June 2018.
  • Ethereum: 2015 is the year Ethereum was born, a token based currency used in Ethereum blockchain, it is now second in rank on the most valuable and popular cryptocurrency in the marketplace. Ethereum had a market capitalization of $59.0 Billion as of June, 2018.
  • Ripple: a cryptocurrency uses a distributed ledger and it was created in 2012. Ripple has a feature to track the type of transaction made, not just cryptocurrency. Ripple has been used by UBS and Sandander. It has more than a $25.0 billion market capitalization as of June, 2018.
  • Litecoin: Litecoin is a cryptocurrency that is similar to bitcoin, but has moved quickly on its developing faster payments and transaction processes. The estimated overall value of Litecoin, as of June, 2018, is more than $6.1 billion.



A cryptocurrency is an alternative way if you want to transact something using other than international or national currency. This currency is created by an individual, organization or corporation. It can also be created by national, local or even state governments, or they can simply arise naturally as people agreed to use them as their common currency in the marketplace.

The GToken is a way of transacting value in the golfing industry. It's appeal to younger potential golfers is the marketing key that could make it successful, and spread throughout the industry. Only time and performance will tell.

This depends on many factors. But in general, if a cryptocurrency was just recently introduced in the marketplace, the computing power needed in order to mine the coin is obviously low compared to the highly established cryptocurrencies already in the market.

You can get coins in the following ways:
  • Accept payment for a certain goods and services offered in the market. In our situation, the golf course will receive Gtokens
  • Purchasing specific coins on legitimate exchangers online.
  • By simply exchanging coins to someone you know or some that is near you.
  • Earning it by simply mining.

Mining any type of cryptocurrencies basically needs powerful hardware and the right software. The value of the currency highly depends on the units available in the marketplace. Mining is the process of generating cryptocurrency units.

As an example, let us visualize a large economy with billions of dollars in banks. It is not physically possible to store these currency notes in banks, so they are stored in a digital format with a central reserve bank. The reserve bank then maintains a digital record of what it is owed, but doesn’t keep the notes in physical form. So whenever it needs to push money into the system, the notes will be printed and issued.

Despite the fact that the reserve bank has the capability to print as many notes as it wishes, it does not do so without a valid reason. This is because when more currency is printed, more money is circulated in the market, therefore this will not make people richer, this will only devalue the existing currency. The more the units in the market the more it is divided and it becomes less value.

The situation is the same when it comes to cryptocurrency, the mining of cryptocurrency is monitored carefully to ensure the value of existing coins will not depreciate.

The GToken has value to golfers, especially new golfers who can now have a new identity in getting into the game of golf. It can grow and be a very valuable tool to help golf courses market. If it increases in value, it will likely be as a result of helping those courses grow with uses expanding within the golf industry. The GToken is both a currency and a marketing tool and should be viewed that way.

Wallets don’t just store cryptocurrency directly. It is accurate to think of a wallet as storing private keys. The Public key cryptography allows cryptocurrency to function, and uses a specific algorithms in order to generate pairs of keys. The Public key is the address to which anyone can send its cryptocurrency balance. The private key allows owners to spend coins from the specified address. Thus, the wallet is just a storage place for electronic information about the cryptocurrency at hand. Golf courses who sign up for IGS Innovative Services, will be shown how to sign up for a wallet and will be trained thoroughly in its use.

A cryptocurrency market and exchange are both services on the web, allowing cryptocurrency token holders to trade for other currencies or conventional currencies. As a rough estimate, there are more than 2000 cryptocurrency known exchanges, among the largest are Bitstamp, Cryptsy, and Coinbase.

The value of cryptocurrencies are ranked in value, which is the number of units multiplied by the exchange price. This equals the capitalization in the market. But the price can move at any moment, so the market capitalization is only an estimate of the overall value of the digital currency at any given moment in time.



There are more than three million Bitcoin users in the marketplace right now, most are doing investment in the currency. Even though there are risks in investing this currency, because of its fluctuation, there are around more than 6,000 companies and organizations now accepting Bitcoin payments.

One reason to consider cryptocurrency safe is that the wallet holder or buyer doesn’t need real information like credit card numbers etc. That alone ensures that you will not be known to someone. Years from now it is expected crypto currency like Bitcoin will become a bridge towards secure payments and will expand more.

Cryptocurrency is a decentralized payment system in which it allows its user to exchange without the help of internet or the involvement of a financial institution. It has a superb authentication system and unique design to send payments, almost instantaneously, at the lowest cost anywhere in the world. Therefore, the answer to the question is yes.

Sending via cryptocurrency is simple yet fast, just log into your wallet and immediately send funds to someone. Accounts have no geographical borders and thus movement is simple and fast.

One’s a transaction is complete, the receiver can check his/her wallet and use the results of the previous transaction. When transaction is completed, a transaction-ID is issued for future auditing by both the sender and receiver. The transaction cost is quite low, and the transaction timing is usually in seconds.

All cryptocurrencies are computer generated currencies. They exist through “mining” and confirming records of movements and accounts known as blockchains. Usually, coins as tokens are given to those miners who successfully completed a problem.

Once a cryptocurrency is generated, it is stored in a completely secured wallet that is impossible to hack. The coins can then be sent to another wallet. Every transaction gets appended on the blockchain and verified by mining activity.

Production of coins is not unlimited, meaning they are limited and its generation velocity of the coin is variable depending on need and usage.

Basically, a cryptocurrency exists because there are uses for it. With the GToken, we are introducing it as a way to fill tee times. As that usage grows, it could move to using it for other functions, both inside and outside the club. It should be especially popular to use for newer and younger golfers.

Another current use for cryptocurrencies is in the banking industry. Fees for credit cards and currency transfer, or long processing of the transaction because of clearing are minimal. The system is direct and the bank, as a middleman, is not needed.

From what most people define, when we talk about currency, this is a generally accepted form of money, this can be paper notes, coins, which is naturally issued by the government and then circulated in the economy.

Cryptocurrency on the other hand is not that different from tokens. These tokens are issued by enthusiastic developers and someone in the community who bought them (or received it for something in return). They can be traded, and when that occurs, they become a cryptocurrency.

But, these tokens are more than just a cryptocurrency. They can be used in some cases in the operation of smart contracts in the network that accepts the specific token. Let us say for instance, BAT or the Basic Attention Tokens are used in an advertising related service, like they may be with the GToken. This means that BAT value is useful for those who want to increase their engagement in golf, so they will buy this type of token.

So cryptocurrencies help the transfer of value in the community that accepts it and in some cases, functions as money does. And, in some cases, this token can be used in the blockchain, as the GToken will be used.

US Dollar and most currencies in the world would qualify as a digital currency, because only a few of them exist as physical bills.

A cryptocurrency is extremely secured cryptography, in which dollars are secured by nothing, really. Governments and banks can create money at will, and rules should be applied on the amount of funds to be created. But in real life, there’s virtually no limit at all.

Today, you need to trust entities to transfer digital currency any time using Western Union, Wire transfer, debit card, check, money-gram or anything other than cash. Institutions can manipulate or stop your transfer, or take your money, or fail to deliver if they feel the transaction was invalid.

A cryptocurrency uses cryptography in order to secure every transfer so the function of third party will no longer be needed. Transfers can be directly sent to the receiver without any interception from any third party.