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FunFair (FUN): Supporting the Fun in Online Gambling

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FunFair (FUN)
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Gambling is one of the most popular branches of the entertainment industry and as such is drawing many people who are enthusiastically playing different gambling games. Gambling has been around for centuries and even in the Ancient Rome did people have gambling games, among which lottery was the most popular of them all. With the appearance of the internet and further development of the World Wide Web, gambling industry have taken roots into the global online community, transferring gambling industry to online business that is growing larger every year as general interest for gambling games and “easy cash” remains unshaken.

FunFair or else known as FUN has found a way into that industry by combining blockchain technology, decentralized ecosystem, and digital currencies, showcasing what the future of online gambling and gambling, in general, may look like.

What’s Fun in FUN?

Fun is made to support the community of online gambling ”located” in blockchain community that is operating under encryptions that guarantee safety and secure usage and exchange. The fun in FUN begins with the moment when you realize that thanks to the FunFair platform and its coin, FUN, anyone can organize or participate in gambling games, which means that gambling was practically never more accessible than with using FunFair. But what might be the most fun about this blockchain based community is that anyone can open up a casino! So, if you have ever wanted to see what it feels like to be a casino owner, your dreams can quickly become a reality thanks to this decentralized platform. There are more than several, going to multiple different gambling games available on the platform and complimented with maximal transparency so that all users are confident that they are safely investing their money whether they are trading or placing stakes when playing different slot and card games. All operations that include placing money are done with usage of FunFair’s official token, also known as Fun, so before playing you should have a wallet to keep your FUN coins.

Wallets are usually operated as with other digital coins, as just as other cryptocurrencies, FUN is encrypted for safety and protected from thievery and hack attack, operating on blockchain based technology.

The main idea behind this coin is to make organizing gambling and making setups a lot easier and simpler while at the same time having all fees and costs reduced to the minimum of all minimums. That way FunFair is getting more interesting to gambling enthusiasts and investors willing to try their luck with FUN.

Although the primary purpose of this digital coin is to support the idea of cost-effective organizing of gambling games and easily open gambling tournaments, this currency is also tradable. So what it’s worth when isolated from the platform and translated to USD value is still important, especially to investors, but also to people involved in organizing gambling, opening decentralized online casinos and people who are playing and placing stakes.

FunFair’s Value and Potential

Although things were going slowly for FUN during the last year, with the new year arriving we have seen that a lot of investors have seen the opportunity in the last month of 2017 as well as in the first couple of days in 2018. Over the course of only a single month, this digital coin has experienced a spectacular increase of 395.44%, which is without any debate a fantastic success when it comes to increasing value. While having 215% of growth when broken down in weekly changes – in case you are bad at math, 215% increase in only seven days is more than doing fine.

But maybe the most significant success in the lifetime of this cryptocurrency is the one it acquired in 2018 when the value of this digital currency grew for 85.40% in only 24 hours. The final price of FUN per one unit is 0.18$ which is still a low price per one coin, so that means that FUN makes a perfectly fun and cost-effective investment for all of those who are looking for potentially valuable coins to invest in. The current market cap is 780.2 million dollars with over 4.2 billion coins in circulation at the moment. If it is to rely on the fact that gambling is as old as human civilization and still popular, having the biggest expansion with the arrival of the internet, making a decentralized community with blockchain powered slot games might just be the introduction to the next big expansion of gambling industry.

Predictions for 2018

With massive increases in value for over 100 different digital coins over the course of December of 2017, investors and financial analysts predicted that although digital currency market is considered to be shaky and unpredictable, 2018 would be a great year for multiple different cryptocurrencies.

While still a long way to reaching a price of 1$ per one coin, FUN is showing a high potential for achieving this price and promising to go beyond it. If you believe that this could quickly happen based on the current market analyses, the best time for investing is probably now while the price is still low and extremely affordable.

We will be updating our subscribers as soon as we know more. For the latest on FUN, sign up below!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.

Image courtesy of Matthew Powell via Flickr

Bitcoin

Is Bex500 an alternative to BitMEX?

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Bex500
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An all around review of Bex500

Bex500 is a young but rapid-growing exchange, less adversarial than BitMEX, but with higher leverage than Binance, Bex500 has enough strings to attract many crypto traders. 

Those dissatisfied with the old exchange, may find Bex500 exchange with a stable system with no manipulation or “overload”, pleasant UX, user-friendly tool kits, and around-clock customer service.

Bex500 says they are making crypto margin trading “easier” and giving you a better return. 

Can they really achieve that? We conduct a comprehensive review as below to see if it is a trustworthy exchange

Question 1. What features does Bex500 have?

Bex500 offers perpetual BTC futures as well as three other cryptos including ETH, XRP and LTC, all paired against USDT. You may find Bex500 doing a good job aggregating most important features traders need for a robust trading experience with better return.

-A fair trade with no overload

Many traders are familiar with “overload” problem, which disables placing orders in peak trading times. It is suspected to be insider manipulations by exchanges which can cost users entire portfolios.

Bex500, with its unmatched TPS (claimed to be over 10,000 orders per second), ensures that the trading…

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How Bitcoin Has Changed Online Gaming

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We always hear how Bitcoin is great for the financial industry, how it can remove the middleman and help you save money while you spend money. How it can provide fast transactions at any time to any place, even when you wish to send money to someone on the other side of the world.

While all of that is true, it is important to remember that Bitcoin’s impact does not end there. The coin has already changed countless other industries, but one of the first ones that have accepted it with open arms — and therefore one that was changed the most — is the online gaming industry.

Bitcoin’s impact on online gaming

The first thing to note here is that digital currencies have found their use in online gaming thanks to microtransactions. However, it goes far beyond simply purchasing an in-game item from another player. Bitcoin’s biggest impact, without a doubt, concerns online gambling, sports betting, and similar activities.

Bitcoin brings security and anonymity

Bitcoin casino has become one of the new most popular places for an online gambler to visit, and for numerous reasons. Bitcoin brought increased security — to the financial industry, as well as online games. This is important because security is crucial for anyone who enjoys online gambling. It…

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The Crucial Role of Cryptocurrencies & Blockchain in Modernising The Telco Industry

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Blockchain has caused quite a stir in recent years. In fact, there’s a school of thought that firmly believes the digital ledger technology will prove to be the 21st Century’s biggest innovation

There are a great many industries braced for the disruptive force of blockchain, and the sweeping benefits it can bring to telecommunications can’t be underestimated. 

A blockchain is a decentralised, distributed, public digital ledger that’s fundamentally used to record transactions online. Every transaction that takes place is recorded across an extensive array of computers in a way that ensures that any individual record within the chain can’t be tampered with or retroactively modified. 

Because of the virtually impregnable security associated with blockchain and the efficiency that comes with a fully decentralised ledger, there’s plenty of potential for the technology within the telco industry in particular – especially given the financial flexibility that comes with cryptocurrency transactions beyond borders. 

Let’s take a deeper look at the important role that both blockchain and its associated cryptocurrencies can play in modernising and securing the telco industry:

Unprecedented security

The arrival of blockchain is causing a stir at Deloitte. The professional services giant has contributed tens of thousands of words on blockchain within its ‘insights’ network, and there are…

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