FunFair as a blockchain-oriented project with big promise
In the online casino industry as in many other industrial branches cryptocurrency has become very important element. Cryptocurrencies allow players to make different payments online. Players are not required to pay directly from their bank accounts any more. The new platform will completely change the online gambling and the entire casino industry.
As a blockchain-oriented project FunFair provides a variety of opportunities waiting to be explored that aim to change the whole casino industry.
What is FunFair?
As a gaming platform of high technology FunFair offers casino solutions with games to be faster, fairer and more attractive. It makes use of Ethereum blockchain, smart contracts and proprietary state channels. The use of Ethereum blockchain and protocol privides the advantage for the creation of online casinos that can be easier accessed by more players from all over the world. These casinos will be cheaper to run, faster and provide more fair play.
Actually it is a technology project, not a casino. It can be licensed out to casino providers. FunFair can allow anyone to open an online casino from anywhere. FunFair works basicly as a licensing entity platform and stays apart from the competition at online casino business.
The FunFair project can be very useful for future casino managers and customers
The Advantages of FunFair
With FunFair anyone can start an online casino within a short time. As soon as your casino is ready to run you will be able to start accepting customers and gain profits.
The fact that the platform is decentralised shows its capacity to protect the online casinos from hacking or interference by users or operators.
The use of blockchain and smart contracts offers 100% transparency. This allows users and operators to know completely what’s happening at any time. Players can be quickly convinced into the fairness on the games they are playing.
FunFair uses Fate Channels. This is a revolutionary technology that supplies fast gaming. It is cheaper for operators to use FunFair compared with other blockchain casinos.
Another very important advantage is that payments through this platform is executed smoothly with no interruption or waiting time.
FUN Token at FunFair
FUN is an ERC-20 token and FunFair uses it in every part of their project. The tokens serve as in-game credits. They are used to pay game creators. Casinos can use the FUN tokens as a form of payment to their licensing or to receive their profit in. Any activity connected with funds are made in FUN tokens.
What are the chances of the platform?
As you could see the FunFair platform offers many benefits. For now, it is still considered as a Beta option. It needs some more testing to prove its full potential. There are some more developments that will demonstrate FunFair to be very valuable and profitable platform in the near future.
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