Funfair
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FunFair revolutionising the gambling industry

Funfair has taken the lead in amalgamation with blockchain in the gaming industry and has made this industry more interesting. They aim to revolutionise the gaming industry by making it more fair, fun and a lot faster. Developers now have the ability to utilise Ethereum technology to create an incredible platform which can support an online casino within minutes. They are completely dispersed and do not have any servers therefore the gamers are secure. Funfair is a lot cheaper and has many other benefits compared to other platforms and which is why it also stands out above others.

Online casino gaming experience

Funfair online casino gaming platform has provided an outstanding quality of 3D games. All of this is blockchain constructed and on HTML5, which offer gamers a fun experience. Games that use the FunFair technology can be enjoyed seamlessly through the browser on either a desktop or a mobile device, which means that there is no need to download an app.

Workflow

Operators who want to create online casinos for themselves can do so in simply to two clicks. What separates Funfair from other platforms in the blockchain mix is how cheap FunFair is. It is nearly 10 times cheaper per bet than any other platform. The technology has also provided the security needed by the users of the technology. Users do not have to give any of their personal information to a third party which is a clear example of how safe it is.

When using the technology, it provides a tamper-proof framework can be installed in order to provide more security. This technology is led by Jez San and Jeremy Longley who are the executives of the development. So far, the games that have been issued have retailed millions of units.

FunFair launches closed Beta

FunFair launched their blockchain based casino in closed beta on Mainnet. The aim of this was to ensure that anyone who wishes to run their own casino would do so through the FunFair platform.

Often players complain that they lost a game because they believe it to be engineered, but FunFair has created transparency which has ensured that games are fairer. With the help of the blockchain technology all transactions are recorded which means that the transactions can be reviewed again at a later stage.

FUN Token & Fund Raising

This is yet another way in which FunFair is influencing the gaming industry. FUN token is used as a means of betting and the ERC20 token is one of value. It can also be used for lending and paying the players or serve as compensation for the stakeholders. The tokens are stopped at an upper limit, so when the demand for the token rises the supply of the token declines.

FunFair has certainly revolutionised the gaming industry and appears to be extremely beneficial. So it is probably the right time to be investing in this sector. The gaming industry has long needed a technology as such because it provides the perfect platform for gamers and also the developers of the online casino.

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Insider Financial and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Pexels

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FunFair revolutionising the gambling industry
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