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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

Bitcoin

Bitcoin Surges After Tesla Bought $1.5 Billion Worth of BTC

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Cryptocurrency

The sudden rise of Bitcoin has been connected to the decision taken by the Tesla electric car company to buy $1.5 billion worth of Bitcoin.

The company explained in a filing with the Securities and Exchange Commission (SEC) that it bought Bitcoin to diversify its cash returns and more flexibility.

Musk’s Tweets also impacted Dogecoin’s price

Tesla also added that it will start accepting Bitcoin payments for all its products, although this will be based on a limited basis and applicable laws. If the company concludes and starts accepting cryptocurrency, it will make it the first major car manufacturer to accept Bitcoin payments. The company’s founder and Chief Executive Officer Elon Musk has developed an interest in Bitcoin and cryptocurrencies.

He has been tweeting severally about the viability of the Dogecoin (DOGE), which doesn’t have an important market value attached to it.

Few hours after endorsing Dogecoin, the cryptocurrency rose by an impressive 50%. But regulatory authorities are still concerned about the risks in cryptocurrency investments, with several regulatory bodies warning traders and investors they could lose all their money from crypto investments.

But for Tesla, the company decides to diversify its funds and increased its cash returns. However, Tesla also warned investors about the volatility of Bitcoin’s price in its SEC filing. According to the SEC…

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Altcoins

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.

NFTs are already being actively traded in markets globally. For…

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Bitcoin

Wisebitcoin Launches Professional-Grade Crypto Exchange

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Infrastructure is developing rapidly in the cryptocurrency industry, but the recent launch of the Wisebitcoin cryptocurrency exchange is nonetheless significant in terms of the immediate value it provides to cryptocurrency users. That’s because the exchange has had a beta version available since 2018 while continuing further developments in stealth mode, and already serves over 1.2 million end users with $6+ billion in 24 hour trading volume at the time of its official launch.

In addition to the large user base and deep liquidity, Wisebitcoin also stands out by offering up to 100x leverage to margin traders, with the ability to open a long or short position in their futures market. In the current bullish environment, leverage is a key way that experienced traders increase their exposure and try to profit from volatility.

For example, if a user opened a long position on ETH on January 2nd at a price of $750, they could have greatly multiplied their profits with even a small amount of leverage such as 5x as ETH reached over $1,100 within 48 hours. A simple unleveraged position would have netted $350 in profit, but a 5x position would have netted $1,750 and a 100x leveraged position would have netted an incredible $35,000 in profits from an initial investment of just $750. 

Beyond leverage, Wisebitcoin additionally offers a simple and…

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