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FunFair (FUN): Supporting the Fun in Online Gambling

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FunFair (FUN)

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

Altcoins

My Crypto Heroes Announces Issuance of MCH Governance Token

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Tokyo, Japan, 24th November, 2020, // ChainWire //

My Crypto Heroes is happy to announce the issuance of MCH Coin as an incentive to players in the My Crypto Heroes ecosystem, aiming to allow them to craft a “User-oriented world”. The MCH coin is available on Uniswap with a newly created pool with ETH. 

My Crypto Heroes is a blockchain-based game for PC and Mobile. It allows users to collect historic heroes and raise them for battle in a Crypto World. Officially released on November 30th, 2018, MCH has recorded the most transactions and daily active users than any other blockchain game in the world.

What is MCH Coin?

MCH Coin is being issued as an ERC-20 Standard Governance Token. The issuance began on November 9th, 2020, with 50 million tokens issued.

Of the funds issued, 40% are allocated to a pay for on-going development and as rewards for advisors and early investors. 10% are allocated to marketing and the growth of the ecosystem, and 50% are allocated to the community. The Distribution Ratio of the MCH Coin is subject to change via a governance decision.

The MCH coin will be used as a voting right as part of the ecosystem’s governance, with 1 coin being 1 vote. It will also be used for in-game utilities and payments. Additional information can be found here:

https://medium.com/mycryptoheroes/new-ecosystem-with-mchcoin-en-a6a82494894f

During December 2020 the first governance…

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Altcoins

Rewards Platform StormX Offers 50% Crypto Cashback Bonus for Thanksgiving

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Singapore, Singapore, 23rd November, 2020, // ChainWire //

Blockchain-based rewards platform StormX has released a seasonal promotion for its award-winning Crypto Cash Back App. The promotion will allow app users to earn a 50% bonus on top of their cashback between Thanksgiving Day and Cyber Monday (November 26-30).

StormX has also introduced a brand-new staking service, allowing users to earn an additional 50% per year when they stake STMX tokens. The native ERC20 token of the StormX ecosystem, STMX has a total supply of 10 billion and is available to trade at many of the world’s top exchanges, including Binance and Bittrex.

“With Bitcoin’s price approaching its all-time high, interest in cryptocurrencies has renewed, though some people believe it’s now too expensive to buy in,” said StormX CEO and Co-Founder Simon Yu. “What we have done is create an easy way for such individuals to accumulate bitcoin, ethereum and other cryptocurrencies via everyday shopping.

“We’re also excited to provide users with the ability to earn greater rewards simply by staking their tokens.”

Since the StormX mobile app launched its Shop feature with over 700 stores in February 2020, some 400,000 unique users have been added to the rewards platform. StormX has also witnessed over 50% month-on-month growth for sales. The app is available for download on the App and Google Play Stores, and can be downloaded as a browser add-on from the Chrome Web…

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Altcoins

BITTREX GLOBAL CONFIRMS FREE TRADING AND LISTING FOR TOP DEFI TOKEN

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Valduz, Liechtenstein, 17th November, 2020, // ChainWire //

International cryptocurrency exchange promotes free trading and no gas fees for leading DeFi tokens

17th November 2020 — Bittrex Global GmbH. announced today 8 new DeFi tokens will be listed this week including:

  • UMA (UMA)
  • Aave (AAVE)
  • Balancer (BAL)
  • REN (REN & renBTC)
  • Kyber Network (KNC)
  • Band Protocol (BAND)
  • YF Link – (YFL)

Bittrex Global’s users can trade all of their DeFi  tokens with no trading or gas fees until 2021. The decision to enable free trading on Bittrex Global for DeFi tokens  follows on from the 1,000% growth of the DeFi asset class over the course of 2020.

The decision to enable free transactions will see more investors enter the Blockchain Act’s digital asset regulatory system, supervised by the Financial Market Authority in Liechtenstein (FMA) under the Due Diligence Act which requires traders to comply with the KYC/AML/CFT standards.

“The last year has seen huge growth in DeFi as an asset class and a number of significant milestones completed,” said Bittrex Global’s CEO Tom Albright. “As the asset class matures and more institutional and professional investors look at the fundamentals, we are likely to see increased demand and higher trading volumes for DeFi in 2021.

We’re really excited about what we’re seeing in the space and want to see these DeFi projects grow and help them build stronger platforms through increased adoption. Offering free trading fees…

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