An entirely better way to gamble

Close to twenty years ago, I met a family that owned a simple brake shop, but this family was always building hotrods, monster trucks, sand drag cars, and had always had an endless source of money to burn. A few years later, I found out their secret from some friends that actually visited their house. This family was operating an online gambling casino from their home. People would come to their home and gamble using computers already set up there. Whether it was legal or not wasn’t clear and I didn’t ask too many questions. Ever since that discovery, I knew the value of online gambling. This is the reason I picked up some FunFair tokens months ago.

Recently, there has been a surge in price of FunFair (FUN) - 17% increase in 24 hours.

What is FUN?

The token FUN will be used for all platform actions, including betting, lending, paying out players and compensating stakeholders. Games built on the FunFair platform run directly in the browser on desktop and mobile devices without requiring an app download, completely eliminating one of the major pain-points of player onboarding.

FunFair is pursuing a full suite of traditional casino games:

• Blackjack
• Baccarat
• Craps
• Roulette
• Slot machines (various types)
• Let It Ride
• Caribbean Stud
• 5-card Poker
• 3-card Poker
• And more to come

What is the value in buying (FUN)?

There is no benefit to owning, no profit sharing, and no dividends. The value is purely in the fixed supply with plenty of room for adoption.

Current supply of FUN = 11 Billion (fixed with small burn rate)
On-Line Gambling market = 47.1 billion dollars, and projected to continue increasing.
FunFair Market Cap = 0.3 billion.

Where will this supply go to add value?

• Casinos holding FUN as part of their bankroll
• Players holding FUN and not cashing it out immediately after they play
• Investors holding FUN anticipating it will increase in value
• Token burn: a small amount of FUN will be slowly destroyed over the initial two years of incorporation.

Right now, price has been set purely by Investors. Scarcity of the token will likely ramp up as casinos will need to buy FUN to stock extremely large bankrolls to meet the demands of gamblers.

Benefits over traditional on-line gambling:

• Decentralized, serverless
• Provably fair, blockchain-based
• Trust-less outcomes that can be witnessed on verifiable smart contracts (traditional on-line gambling requires the user to trust the casino will be fair in setting the odds. In FunFair, the odds will be verifiable.)
• Instant cash outs – FunFair does not hold your funds
• Casinos feel safer, with no risk of fraudulent charge-backs from player credit cards.

Benefits over current blockchain gambling:

• 10x Cheaper Betting (high transaction costs with other blockchain methods severely impact winnings for players and earnings for operators)
• Current Competition is Unsustainable (Transaction costs to play a single hand of blackjack can exceed $1.00 and dice games can exceed $.75 per bet on average on current Ethereum blockchain-based casinos)

Here is the FunFair website:
https://funfair.io/

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