Table of Contents
The FunFair (FUN) cryptocurrency is made for the online gaming and gambling world. It uses the Ethereum blockchain with the latest tech. This makes it helpful for players, gaming sites, and makers. FUN lets you do quick game transactions, shows all transactions clearly, connects well with Ethereum, and keeps your ownership private.
By 2020, online gambling could hit nearly $60 billion1. FunFair is ready to grab a big piece of this market. They did an ICO sale that ended on June 22, 2017. It brought in about $20 million using Bitcoin, Ethereum, and Zcash1. With this money, FunFair is pushing its platform further and making deals with top game designers and casino owners1.
One cool thing about FunFair is how it connects players and game makers through Fate Channels. This setup means the game sessions are safe, quick, and clear1. Players get to play smoothly and deal quickly, while makers spend less and grow better. FunFair’s links with game developers and casino owners are key. They help offer top games and a big audience1.
To join the FunFair gaming world, users need a FunPass. It lets them change money into FUN ERC-20 tokens and play. This step meets the rules of the game world and gives users a safe place to enjoy games. FunFair works hard to find the right balance in a world of blockchain rivalry and rules to succeed long-term1.
There are over 10 billion FUN tokens available1. Every day, more than $4 million worth of FUN tokens are swapped. FunFair is known well in the crypto gaming field with support from places like Binance and LATOKEN. You can swap FUN with ETH, BTC, USDT, and USD, which gives you lots of options1.
Key Takeaways:
- FunFair (FUN) is a special cryptocurrency for online gaming and betting1.
- It’s designed for quick, clear game deals, fits seamlessly with Ethereum, and keeps your token ownership private1.
- The online betting market could be worth nearly $60 billion by 20201.
- The FunFair ICO sale made about $20 million using different cryptocurrencies1.
- There are over 10 billion FUN tokens available1.
- FunFair’s use of Fate Channels connects players and game makers in a clever way1.
- Linking with game makers and casino owners is crucial for FunFair1.
- You’ll need a FunPass to turn money into FUN tokens and play games1.
- FunFair aims to find a good balance between blockchain competition and following the rules for a successful future1.
The Features of FunFair Cryptocurrency
FunFair cryptocurrency is perfect for online gaming. It offers quick transactions that let players buy and play more2. Its blockchain tech makes transactions open to all, boosting trust and security2. Because it’s decentralized, FunFair is an open space for all kind of casino games. It’s easy to use thanks to Ethereum’s blockchain2.
Its main currency is the FUN token. This token helps make ownership private and improves gaming3. Casino owners can use FUN tokens to run their businesses more smoothly34. Game makers and affiliates earn FUN tokens, supporting the player community3.
FunFair keeps working on blockchain technology through FunFair Labs3. This makes sure players get the best games. FunFair Ventures invests in new blockchain projects, showing their commitment to the industry’s growth3.
Through blockchain, FunFair offers safe and fun gaming worldwide. It’s key features include fast transactions and a supportive community. This makes FunFair a top choice for online gaming.
The Unique Aspects of FunFair Cryptocurrency
FunFair cryptocurrency aims to change online gaming using blockchain technology. This makes games more clear, secure, and fast. Thanks to blockchain, FunFair can do things that regular gaming sites can’t.
Enhancing the Gaming Experience
FunFair lets you pay and get paid quickly in games. You don’t have to wait for payments or go through extra companies. This makes playing games on FunFair smooth and easy. There are no stoppages.
“FunFair cryptocurrency’s integration of blockchain technology revolutionizes the online gaming industry, providing players with a seamless and transparent gaming experience.”5
Transparency and Decentralization
FunFair works on open, shared records that everyone can check. This means players and game makers can see that everything is fair. FunFair creates a game world that is open, safe, and fixed-proof.
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“With its decentralized nature, FunFair cryptocurrency promotes transparency and fairness in the online gaming sector.”5
Ethereum-Based Scalability
FunFair is based on Ethereum, which lets it grow and add new games in a different way. Ethereum gives gaming its strong and flexible base. This lets online gaming go in new directions.
“FunFair cryptocurrency’s Ethereum-based infrastructure enables scalability and the integration of decentralized applications, unlocking a new era for the online gaming industry.”5
Diversifying Funding Options
FunFair offers chances for anyone to join in the future of gaming. It works with different crypto money to make funding and taking part in gaming different. This brings more ideas and working together in gaming.
“FunFair cryptocurrency’s integration of blockchain technology diversifies funding options and creates new possibilities for innovation in the online gaming industry.”5
The Future of FunFair Cryptocurrency
FunFair is looking ahead to big things. It plans to use a new, cheaper system for better game performance than Ethereum. This will make gaming smoother for everyone. Also, it will keep its tokens valuable for the long term.
With its special features and plans to change gaming, FunFair is leading in online gaming’s future.
| Total Supply of FunFair (FUN) Tokens | Circulating Supply of FunFair (FUN) Tokens |
|---|---|
| 10,999,873,621 FUN | 5,010,848,189 FUN |
Table: Total and circulating supply of FunFair (FUN) tokens
Security Measures of FunFair Cryptocurrency
FunFair cryptocurrency stays safe and grows through a Proof of Stake (POS) method. This method is secure and far less energy-hungry than Bitcoin’s Proof of Work (POW). It makes mining fairer by sharing power based on the tokens owned.
This means FunFair keeps its network strong but lessens centralization risks. It’s a smart way to build a gaming world where anyone can play safely and securely.
The POS method helps FunFair handle more transactions without losing safety. As more people use FunFair, it remains safe and fast. This keeps players and partners happy.
“The implementation of POS consensus allows FunFair to prioritize security and scalability, making it the ideal choice for online gaming and casino platforms.”
FUN, FunFair’s own token, keeps the system secure. It’s used for bets, fees, rewards, and more, forming a safe circle for transactions.
FunFair also piles on the security. It uses top-notch encryption to protect user data and money. This means you can trust your experience with FunFair.
By nailing tech and practical security, FunFair leads in crypto gaming. It offers a safe and growing space for players.
Summary of Security Measures:
| Security Measures | Statistical Data16, |
|---|---|
| Consensus Method | Proof of Stake (POS) |
| Number of Tokens Held | Used to distribute mining capabilities and improve scalability |
| Token Usage | Player wagers, casino license fees, game developer rewards, and affiliate revenues |
| POS Benefits | Enhanced security, scalability, and energy efficiency |
| Data and Fund Protection | Advanced encryption and security protocols |
FunFair is all about secure and fun gaming. It ensures a solid experience for users, letting them play worry-free.
Supply and Distribution of FUN Tokens
The FunFair cryptocurrency operates on a pre-minted token supply. This ensures a controlled distribution and potential value rise.
There are 17 billion FUN tokens in total. Most were given out during the pre-sale event. This helped build partnerships and get early backing for the project.
However, some tokens were burned to reduce the number in circulation. This move could make the remaining tokens more scarce and valuable7.
The rest of the tokens are kept in a secure, cold storage wallet. This stops them from being traded straight away. It means big players can buy FUN tokens directly from the project, ensuring a careful distribution7.
Token Supply Statistics
Let’s look closer at the FUN token numbers7:
| Statistic | Value |
|---|---|
| Circulating Supply of FUNToken | 10.96 billion tokens |
| Total Maximum Supply | Not specified |
FunFair focuses on controlled token distribution to make the tokens more valuable over time. This strategy boosts investor faith and project sustainability7.
Pre-Minted Tokens and Future Developments
FunFair is a well-established project in the blockchain world. Its pre-minted token supply leads to a smart distribution strategy. It guarantees a strong base for future project growth and development.
By keeping tokens in secure cold storage, FunFair controls how they’re released. This strategy helps in selling to big buyers without causing market chaos. It safeguards the token’s value7.
As FunFair grows, more opportunities for token distribution may arise. These chances could boost token availability and support the project’s continued success7.
Future Developments of FunFair Cryptocurrency
FunFair cryptocurrency is always growing. It looks for new ways to make users happy and bring more people in. An amazing thing coming soon is cheaper tickets on a new, faster network8. These tickets will be linked to the FunFair coin, making its value go up because fewer will be out there.
There will also be new types of games like sports betting and poker with the new tickets8. This move makes playing games smoother and secure. Gamers will love how clear and fun these games are. They will feel right in the middle of the action.
FunFair wants to keep its coin valuable over time. It’s planning to use a smart method to keep the money flow steady. By making some coins unavailable on purpose, the coin could become harder to find. This could mean more value for those who have it.
FunFair is pushing the limits of online gaming. It’s making playing games a better experience for everyone. It’s also creating new ways to invest within its system.
FunFair’s work in making better games and keeping its coin valuable is changing how we game. It’s all about fun and winning big8.
Want to know more about FunFair’s future and cool things happening in tech? Check out stories on Finance Magnates, Medium, and CoinCodex. Keep watching for news on cheaper tickets and better games.
Gaming Ecosystem and Community Rewards
The FunFair cryptocurrency gives a fun gaming experience and rewards, using FUN tokens9. It boosts its community by rewarding for bringing in new players and through transaction fees. Let’s see how FunFair makes its gaming world dynamic and rewarding.
Incentivizing Community Growth
FunFair encourages its community to grow through reward programs. Players get FUN tokens for bringing in new users9. This helps the platform grow and lets the community enjoy the benefits together. It also makes everyone feel a part of something bigger and successful.
Rewards from Transaction Fees
Transaction fees are important for any cryptocurrency. FunFair takes a unique approach by partly destroying these fees when users trade in FUN tokens9. This decreases the total number of tokens, which might increase their value10. As more people play in this system, there might be fewer FUN tokens, making the coins worth more for the community.
A Dynamic Reward System
The rewards at FunFair are not just about recruiting and fee sharing. They also include bonuses for first transactions10 and ongoing rewards for playing and achieving milestones9. This keeps the community interested and active in the FunFair ecosystem, creating a dynamic experience for users.
FunFair focuses on growing its community, rewarding users with FUN tokens, and increasing coin values. This makes gaming with FunFair fun and rewarding for all. The platform is designed to entertain and unite people in a community excited about innovation and working together.
Keep reading to learn more about FunFair games and what new things they are planning.
FunFair Games and Future Innovations
FunFair Games make exciting multiplayer crypto games for people in Gen Y and Z. They change how we look at online gaming11. FunFair Labs lead in exploring new ideas for games, always trying to make them better12. FineFun Ventures help fund big ideas in blockchain technology, which is the backbone of these games12.
FunFair works hard on research and development (R&D) to make online games extraordinary. Their goal is to make games quick, safe, and throw players into great experiences all over the world12. They use blockchain and smart contracts to ensure every game is open, fair, and trustworthy11.
The games from FunFair are made with young people’s interests in mind. They offer games that work smoothly and let everyone join in the fun11. Thanks to technologies like Fate Channels, playing is quick and cheap, reaching more people1213.
Fate Channels is a new tech by FunFair that speeds up in-game actions and payments, all without the usual server costs12.
FunFair’s collection includes loved games like Blackjack and new adventures like Wheel of Fun: Playground. The mix of 3D graphics and easy-to-use designs makes playing fun and immersive1113.
FunFair is always looking to the future of gaming with new features and fun mechanics12. They’re making big moves to change how we see online gaming, leading the way in multiplayer crypto games12.
FunFair Leadership and Vision
Jez San Obe, a top investor, leads FunFair as CEO. He’s known for investing in Kraken and Google’s DeepMind. Thanks to his vision, FunFair aims to change online gaming and make it safe and fun for all. With his leadership, FunFair plans to shake up online gaming.
Jez San Obe brings a clear vision and lots of know-how to FunFair. As the CEO, he uses his past successful investments to push FunFair to the top. He’s leading the company towards success in cryptocurrency and gaming.
Jez is more than just a CEO; he’s an innovator too. He pushes FunFair to explore new gaming ideas while keeping users happy. He’s always looking for new, fun ways to play games.
FunFair, under Jez’s lead, wants to change online gaming with blockchain. This new tech can make gaming more trustworthy and fair. FunFair dreams of making online gaming a better place for everyone, with the help of blockchain.
Blockchain at FunFair means games are truly fair and players’ money is safe. That’s peace of mind for everyone who loves gaming. This technology ensures everyone has a fair shot at winning.
Jez’s investments in Kraken and Google’s DeepMind give him a deep understanding of tech and cryptocurrency. He uses what he’s learned to keep FunFair innovative and ahead of the game in gaming.
FunFair is on a mission under Jez’s guidance. They want to change how online gaming works. By using blockchain, they create a place where everyone has power, from players to developers.
FunFair aims to do more than just create great games. They want to build a gaming world that’s fair and fun for everyone. They do this through working together with the community and giving rewards through special tokens.
To wrap up, Jez San Obe is steering FunFair to change the online gaming scene. His investments and knowledge help FunFair use blockchain for safety and fun in gaming. Thanks to him, FunFair is making big moves in the online gaming world.
| FunFair Leadership and Vision Statistics | |
|---|---|
| Successful investments by Jez San Obe in companies like Kraken and Google’s DeepMind | 14 |
| FunFair’s vision guided by Jez San Obe’s leadership | |
| Use of blockchain technology to revolutionize the online gaming experience | |
| Ensuring trust, transparency, and fairness in online gaming | |
| Fostering a thriving gaming ecosystem and community engagement |
Conclusion
FunFair cryptocurrency is set to change online gaming. It offers new ways to play and secure ways to pay. Jez San and his London-based team of over 40 experts are behind this15. Since starting in 2017, FunFair has created 11 billion FUN tokens. They launched CasinoFair, their first casino, and the FUN token once reached about $0.18615. With partnerships and listings on big exchanges like Bittrex and Binance, FunFair is becoming a top name in the industry15.
FunFair is growing fast, increasing its team by over 500% since June. Their goal is to have 50 team members by the end of Q1 201816. They’re close to finishing V1 of their blockchain casino. Plus, they plan to start working with other game developers soon. And they will release API info and sample games and contracts16. FunFair also aims to get gambling licenses in big markets. They are financially strong, with lots of Ethereum, FUN tokens, and a year’s budget in fiat money16.
FunFair has about 20 people playing daily. But, it’s building a strong community. With over 5,000 active members on Telegram and 36,500 on Twitter, it’s getting noticed. Also, their website welcomes more than 30,000 visitors each month17. Industry experts give FunFair a high score of 7.3 out of 10. This rating shows they’re seen as a key player in gaming17.
In short, FunFair cryptocurrency is all about safe and clear gaming. The team is growing, and they’re focused on new ideas. As they get more licenses and expand, FunFair looks set to do great things. It’s a project that anyone interested in gaming should keep an eye on16.
FAQ
What is FunFair cryptocurrency?
FunFair is a special token for the online gaming and betting scene. It uses Ethereum’s tech. This makes transactions safe and easy to check.
What are the features of FunFair cryptocurrency?
It makes buying in games quick. It lets you see where your money goes. Also, it works smoothly with Ethereum and keeps your ownership private.
How does FunFair cryptocurrency revolutionize the online gaming industry?
It makes gaming platforms open to different digital currencies. You get new ways to fund your games. Plus, it brings in apps that don’t rely on central systems.
What is the security measure of FunFair cryptocurrency?
FunFair uses the Proof of Stake system. This means security is achieved by how many tokens people own. It’s smarter and safer than Bitcoin’s older way.
How are the FUN tokens distributed?
The FUN tokens have been prepared in advance. There are 17 billion in total. Most went to big investors at the start. Fewer tokens means more value. The rest are kept safe for later use.
What are the future developments of FunFair cryptocurrency?
Soon, there will be a new, affordable token. It will work well with Ethereum but be faster. This will make playing games directly with other players better. Plus, they plan to reduce the number of FunFair tokens over time.
How does FunFair cryptocurrency reward its community?
FUN tokens are given out to those who help the community grow. If you bring new people, you get rewards. Also, destroying some of the tokens makes the others more valuable.
What are FunFair Games and their focus?
They make cool games for younger players. FunFair Labs tries to make games work better. FineFun Ventures supports new blockchain tech ideas.
Who leads FunFair and its vision?
Jez San Obe is in charge. He’s known for investing in big names. He’s leading FunFair to change online gaming into something safer and fun.
What is the role of FunFair cryptocurrency in the online gaming industry?
It’s making online gaming safer and more fun with its tech. It’s leading a new era in digital gaming. FunFair is all about the future of online games.
