FunFair (FUN): Supporting the Fun in Online Gambling
Connect with us

Bitcoin

FunFair (FUN): Supporting the Fun in Online Gambling

Published

on

FunFair (FUN)
READ LATER - DOWNLOAD THIS POST AS PDF

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

As Global Tensions Grow, Bitcoin Price May Go Higher

Published

on

READ LATER - DOWNLOAD THIS POST AS PDF

BTC Surged Again as A Safe Haven Asset During Global Tensions

  • India – China Border Conflict

After weeks of squabbling and brawling along their long-disputed border, hundreds of Indian and Chinese soldiers engaged in a deadly clash Monday in a river valley that’s part of the region of Ladakh last week. Troops had massed on both sides of the border in recent months in the northern India region of Ladakh and the southwestern Chinese region of Aksai Chin, causing global concerns of a potential escalation between the two.

  • North and South Korea Clash

Last Tuesday, North Korea destroyed the liaison office it jointly operates with South Korea in the city of Kaesong, just north of the demilitarized zone that separates the two countries. 

North Korea also said it would send troops to now-shuttered joint cooperation sites on its territory, reinstall guard posts and resume military drills at front-line areas in a violation of separate 2018 deals with South Korea. Jeong said South Korea will take “immediate, swift and corresponding” steps to any North Korean provocation.

The tensions grown in Asia and the potential “second wave” of coronavirus in the United States may add more difficulties to the global economic recovery. Thus, Bitcoin, as a safe haven asset, attracts more investors to…

Continue Reading

Bitcoin

CoinFlip Continues to Dominate the U.S. Cryptocurrency ATM Market

Published

on

CoinFlip
READ LATER - DOWNLOAD THIS POST AS PDF

Although cryptocurrency has brought in a lot of traders seeking the dream of overnight wealth, cryptocurrency is a lot more than just striking it rich.  Cryptocurrency is about creating a new market with companies that are building cutting edge technology in an effort to continue elevating our way of life.  As the crypto market continues to expand, several companies are involved in creating ways for more people to participate.  One such company that appears to be making all the right moves is CoinFlip.

CoinFlip is the world’s leading cryptocurrency ATM operator that currently allows users to buy and sell 10 different cryptocurrencies including BTC, ETH, LTC, DASH, TRX, KMD, LINK, BNB, XLM, and USDC.  Due to the company’s quick growth, CoinFlip has quickly gained a reputation of being the place to go for all crypto ATM transactions.  In addition to its massive geographic coverage, there are four advantages that CoinFlip currently offers over its competitors:

  • Lowest fees of any cryptocurrency ATM in the world
  • Lightning-fast transactions that are typically completed between 10 and 30 minutes
  • Extremely easy customer verification
  • 24/7 customer support through phone, text, and chat

Given the global pandemic currently facing us, many companies have been struggling just to survive.  CoinFlip, on the other hand, is not only surviving but thriving.  The company has had an exciting few months and has even bigger plans…

Continue Reading

Bitcoin

Cryptocurrency Fraud is Evolving; Bitcoin ATMs Mitigate Risk 

Published

on

Cryptocurrency Fraud is Evolving
READ LATER - DOWNLOAD THIS POST AS PDF

In one of the more overlooked aspects of the crypto ecosystem, it appears that the bulk of illicit activities are shifting from hacks and thefts to cryptocurrency fraud and scams.

CipherTrace, the crypto-surveillance, and analysis firm released a report at the end of Q4 2019 that revealed hacks and thefts had decreased by 66 percent in 2019 while fraud and misappropriation of funds surged by 533 percent. And beneath the COVID-19 hysteria of 2020, hacks in the crypto sector have been eerily isolated. 

Outside of a few exploited flaws in P2P exchanges and DeFi flash loan vulnerabilities, the headline-grabbing hacks of exchanges for hundreds of millions of dollars have been absent so far this year. Is the industry due for another massive hack, or are stringent KYC/AML processes, regulatory crackdowns, better security practices, and blockchain surveillance working? 

KYC/AML Improvements Are Reducing the Appeal of Crypto Exchange Laundering 

2020 is far removed from the no-KYC wild west days of the early-mid 2010s where anonymous altcoin casinos preponderated and the Dark Underbelly of Cryptocurrency Markets thrived. 

Today, bitcoin and the crypto ecosystem is becoming institutionalized with a surfeit of derivatives (e.g., options, futures, perp swaps, etc.) available on…

Continue Reading

Press Release