Funfair

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Funfair logo

Funfair company[edit]

FunFair project is an English blockchain-focused company headquartered in London and specializing in online casino gaming. The main focus of the company’s development is casino gaming upgrade. The aim is to establish a trusted, fair and decentralized casino gaming platform that will provide user with friendly and easy-to-use interface.

In the FunFair whitepaper it is stated that the overall users’ trust in the casino gaming is in continuous decline. Both traditional casinos and online casinos are losing their audiences due to the non transparent structure and lack of players’ protection.

Blockchain technology seems like the best answer to this problem. The rise of efficient and cheap blockchain-based solutions makes it possible to build a transparent, fast and economically viable network for casino gaming.

The platform provides a ready-to-use solution that allows FunFair customers to create their casino in a few easy steps. After that, new casino can immediately start carrying out payments and provide services. Due to the fact that FunFair crypto is a decentralized network, the risk of interference by third-party operators or hackers affecting the system is very low. Justice related to the FunFair network comes from the use of blockchain and smart contracts to ensure transparency.

FunFair also includes brand new “Fate Channels” technology, which provides games on demand without any delay.

FunFair token[edit]

FunFair token (FUN) is a ERC-20 standard token, built with the Ethereum platform. Due to this fact it can utilize smart contracts and is easy to use for Ethereum holders. FunFair tokens are anonymously owned but all the transactions are registered in the blockchain. As it is important for the transparency of the platform, FunFair coin can be tracked with the Ethereum blockchain analysis solutions like Etherscan.

FunFair price online via CoinMarketCap:

FUN can be used both for in-app and in-game purchases and for the development encouragement. All the FunFair tokens were created on 22 June 2017. Total number of them is 11 billion FUN. A little less than 2,3 billion of them are held by the FunFair company. However, assets held by FunFair are locked and will be released only after an 18 month period from the token event.

FunFair ICO was performed form 22 June 2017 to 23 June 2017 and managed to gather over 20 million USD. FUN tokens were sold for around 0,007 USD per token.

FunFair has no specific wallet for its token. However, as an Ethereum-based token, it can be used with every wallet that supports ERC-20 standard.

FunFair token is actively traded on the following exchanges:

and many others.

Advantages[edit]

  • The project has a license that allows them to form their own games without breaking the law;
  • Funfair platform has its own currency;
  • User-friendly interface of the platform that allows users to transfer their online projects;
  • High speed in operation of the project, as well as cash transactions;
  • High security thanks to cryptographic encryption;
  • Low fees, beneficial to both players and game organizers.

FunFair games list[edit]

  • Wheel of Fun: Playground
  • Fate of Thrones
  • Treasures from the crypto
  • BlackJack
  • Baccarat
  • Three card poker
  • Let it Ride poker
  • Caribbean stud
  • European roulette
  • Video Poker
  • FunDice

The full and updated list of FunFair games can be found here: https://showcase.funfair.io/lobby

Sources:

See Also on BitcoinWiki[edit]