Since its beginning, FunFair has continued to hit its milestones reliably, which is promising for a blockchain project. Players will be able to access many different games such as blackjack, slots, poker, roulette and more, and all without having to download anything. The rest of the team is growing rapidly, and there are several openings for new developers, designers and QA testers.
Live Coin Watch
He founded Argonaut Software as a teen and created the first chip to power 3D games like Star Fox and Harry Potter. Rounding out his resume, San also founded the 3D online poker room, PKR, and is an investor in one of the world’s leading cryptocurrency exchanges, Kraken. By involving each player in the ecosystem, from the users to affiliate and developers, will be a smart long-term move for adoption of the platform, and of the FUN token. And as adoption grows the platform and technology has a better chance of reaching the big players in the casino industry. Those big players are understandably cautious and slow to change, but the ground-breaking technology should eventually win them over.
He later went on to found fun fair crypto PKR.com, an online poker room that utilized real-money and 3D avatars. The FUNToken network is secured with the Proof-of-Stake consensus mechanism, i.e., participants must stake their FUN tokens to become a validator. The network also uses a strategic burn schedule for the FUN tokens to ensure that the value of the tokens is maintained. The FUN token is the FunFair platform’s proprietary ERC-20 cryptocurrency token.
FUNToken (FUN)
To buy FunFair in crypto ATM you’ll need to insert cash, which will be used to purchase FunFair. All three founders have an extensive background in gaming design and development. FUNToken has also released the XFUN Wallet on Google Play and App Store, providing a secure non-custodial way to store XFUN and FUN tokens and easily switch between them. A complete list of supported exchanges is available on the FUN token page. The project has formed partnerships with several gaming companies including RakeTheRake, Big Wave Gaming, and Spike Games. The only interaction with the Ethereum blockchain is at the beginning and end of sessions.
FUN Transactions Chart
The largest exchange volume of FUN tokens is at Binance, but if you’re interested in buying FUN using U.S. dollars you need to head over to Ethfinex. With a combined 40 years of experience in game design, and partnerships with major game makers, FunFair is positioned to create and release some of the most innovative 3D games on a blockchain. The design of the platform makes for instantaneous response, and by using HTML5 for the graphical display of the games users get cutting edge graphical quality. The CTO of FunFair is Jeremy Longley, who was a co-founder of PKR.com alongside Jez San. In the 1980s he was the founder of Argonaut Games, which created video games for the then cutting edge Amiga and Commodore 64 systems.
- As of Nov 18, FUNToken has a market capitalization of $35 Million and is ranked #546 among all cryptocurrencies.
- Instead, the underlying gaming technology is licensed out to casinos and other gambling platforms.
- Instead, FunFair faces competition from platform providers in the traditional space such as Kambi, Gig, and EveryMatrix.
- FunFair is anonymous while being open to anyone, i.e., users, communities, and developers can use FUN’s features.
FUNToken Price Live Data
To start using FUNToken, users must register through FunPass, an age and KYC verification platform. From there, an Ethereum smart contract is created between the player and a game developer, and all calculations for the game are played on a Fate Channel sidechain. To start, users must convert their funds into FUN for a small initial fee. When a player completes their session, the win-loss record and final balance are then recorded back on the Ethereum blockchain.
Jeremy Longley, founder and CTO, co-founded PKR with San and has over 15 years of experience managing development teams. FunFair’s final founder, Oliver Hopton, has over 15 years building gaming products including 10 years as Software Development Manager at PKR and 18 months as CTO at EveryFan. These initial launches will provide valuable data and insight into both the operator and consumer usage of the platform. You can see the live FunFair roadmap here, which is great at showing the past progress of the company, but a bit thin on future expectations. Currently the 2018 fourth quarter goals include going live with the first 3rd part developed game content, and continuing to build the FunFair brand. Players can cash out their FUN tokens, or use them to play and to buy in-game credits.
