Faireum: Fair in the Chance

in cryptocurrency •  6 years ago  (edited)

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Gambling has evermore been a social part of the community. Perhaps this verdict appears to be daring yet if we analyse the story of it, we can perceive it as a concern of reality. During early centuries, people were speculating as of the champions confronting in the pits. Following modern sports had raised, naturally, gambling rules have shifted and developed.

It is a constant component of our culture and it will always be in my point of view.

However now, since the betting business is an enormous area in which an amazing amount of money exchanged increasingly year by year, right places for playing is quite limited. In the games betting division, there are a few quantities of trustworthy floors. In different sorts of gambling places, no one can feel entirely secure. In reality, you are completely far from standing protected.

As another revolution itself, blockchain technology is set to reform the gambling business and Faireum is ready to proceed to give a chance to this happen with its intelligently planned platform approach to each choice.

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Faireum Explanation

Basically, Faireum is the project which has the main purpose that building a totally secure gambling territory for all varieties of gambling through resolving the usual obstacles about online betting. There are several deficiencies about online gambling and everyone interested in playing can quickly suffer from at least one of those problems in whichever platform they use. By securing the rights of its users, Faireum platform brings a unique experience with its token that is the main source of the utilization within the project. I'd like to expand this explanation by stating the problems and introducing the solutions Faireum presented. Don't forget, Faireum is not only a gambling platform but also a complete fun project without compromising the security and stability.

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Obstacles

There are specific sorts of obstacles both concerning users and stands.

• Player Issues

✘ Dismissed awards
✘ Account constraints associated with the area that the user lives
✘ Included costs that online saloons require while the withdrawing of money
✘ Withdrawal restrictions
✘ Limited and indolent fulfilling velocity of paybacks
✘ To be honest, an immense danger of false movements within the platforms

• Service and Provider Issues

✘ Big access rates for the game developers
✘ Extraordinary prices of operating an online saloon
✘ As examples, combining pay systems and user account balance government, some actions might have weights
✘ Creeping server working speed and endless downtime problems
✘ The deficiency of clearness and fidelity
✘ The absence of responsibility for blockchain co-operation or deals

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Faireum Fix

✔ Faireum as a blockchain stage performs an Application Programming Interface (API) that is meeting for third-party retailing providers to access by the consensus mechanism and the Faireum Virtual Machine (FVM). The Faireum leading blockchain works the Web Assembly (WASM) virtual machine as the predefined runtime for smart contracts and Byzantine Fault Tolerance (BFT) + Delegated Proof-of-stake (DPos) as the consensus device. The random digit from Faireum blockchain is not utterly data that can be collected from the plan. Mixed with the block hash and zero-knowledge proofs, it is not expected to pretend or foresee Faireum's arbitrary number generator by utilising an inverse. This is described as Zero Random Algorithm (ZRA).

✔ Furthermore, the Faireum blockchain is pre-arranged alongside various individual Random Number Generators (RNGs), including Faireum Random Digital (FRD) that is assigned to digital games, Faireum Random Casino (FRC) that is allocated to casino games, and a dynamic probability stability record generator, that is named Faireum Dynamic Betting (FDB), which is preset for real-time consequences such as sports quizzes.

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Features

Faireum project bears virtually all the viable gaming and gambling possibilities as a service in a fully trusted environment which actually what any chance gamer demands eagerly.
The fundamental components on which the users of the platform can enjoy are;
✔ Lottery
✔ Casino
✔ Digital Games
✔ Sports Betting (Think about the market cap)

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Token

Token Features and Allocation

PlatformDERC-20
Token NameFaireum Token
Token SymbolFAIRC
Total Supply1,200,000,000 FAIRC
Sales Supply600,000,000 FAIRC
Token Exchange$0.05 USD = 1 FAIRC
Soft Cap$2.5M
Hard Cap$25M
Sales During2 months
Public ICO sale40%
Reward funding pool20%
Marketing/Partnership/Airdrop and bounty program10%
Team members/Developers/Advisors10%
Pre-ICO sale10%
Private sale5%
Founders5%



Fund Allocation

Marketing35%
Development30%
Operation and Others25%
Legal(license, fair cash offering, finance, compliance, etc.)10%

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Team

Team
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Advisors
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Road Map

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Final Words

The online gambling platforms are growing like a snowball and a completely trustworthy and client-centred platform is in great demand. I believe Faireum platform will fill this gap right, without a doubt. As the nature of blockchain allows the fair play, Faireum will shine like a diamond over the gambling industry.

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For more details, please visit project links or watch the video below

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DISCLAIMER
This article is not meant to give commercial or any other kind of advice. It is just an informative text at all.
Always DYOR

Author: basicnecromancycr
ETH Address: 0x0114731DEa1bDC4994B8Ca845B0fFCaed7d9a4d8

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Faireum’s blockchain-powered platform is tapping into this growth industry, presenting the structure and technology for developers and service providers to develop and deploy Dapps on our main or side chains, and reach a global audience of users in a decentralized environment.

Greetings @basicnecromancy

This is an excellent project, it is true that currently have increased rapidly the projects of games of chance within the ecosystem blockchain, I liked very much to read your post is very well written and worked.

Enjoy your day, Piotr.

Thanks to the Faireum, you can play gambling, sport betting and other casino games on Blockchain platform.

Faireum offers so many useful solutions for problems of the gambling sector. Bettors will like it.

Faireum team is working as an ecosystem to improve day by day and to provide users with an extraordinary gaming experience.

The project will be a solution to the problems encountered in the gaming industry and also offers a safe gaming experience for game enthusiasts.

Faireum looks amazing in terms of providing a fair, transparent and secure gambling to its users. Thank you for introducing.

Faireum is very promising project and this is the first time I’ve seen a realistic project based on blockchain about gambling

There's a big team running for Faireum. And so far, online gaming sites have been deceived by too much players. A gambling network supported by Blockchain's smart contracts will surely be liked in the online gambling industry. I will follow.

Faireum, I think it is one of the most likely projects to be successful and will soon come to the conclusion.

The project, which will bring order and quality to the gambling industry, will accomplish very important things.

Faireum is not a just gambling platform . It has many features for crypto world

Tokenomics are not the best out there, since only 50% will be offered for sale. With that being said. The numbers are stated clearly and contributors have the information they need to decide on whether they want to participate or not.

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