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Everyday people bet on themselves on one thing or the other, they place bets irrespective of gender, race, region and many others. Individuals can place bets from the comfort of their homes or sports viewing centers. Betting could also involve a person staking on a game or sports and guess or predict the winning team or game player.

At the end of the gameplay, the winner of the game prediction takes all stakes (funds or anything used to stake). Sometimes things do not go well with either party regarding lack of transparency and trust in some games like poker and some other board games as a result of cheats or other factors from a gamer which may cause chaos or dispute between both game players. This implies that gambling or sports betting that is not blockchain based and decentralized lacks transparency, security, fairness and involves intermediaries. There are also delays in reward payout to winners and sometimes manipulations of games in their favor.

According to Mindshare North America, e-sports fans are 65% tech-savvy individuals between the age of 18 – 34 that often connects to online. Millions of games and sports fans watch games or sports on television, online, attends live events matches and follow their favorite gamers. E-sports, as the name implies, is an electronic game that has plagued the mind of game devotees.

E-sports also features a global competitive prearranged video gaming where game players from different teams and leagues challenge themselves in games that are acquainted with at-home gamers like Overwatch, football, baseball, Call of Duty, League of Leagues, Counterstrike, Dota 2, casino, Path to Exile, hockey, Lost Ark, FIFA18, Fortnite, Starcraft 2, PUBG, LOL, Hearthstone, boxing, and other games or sports.

E-sports is a fast-growing online game that has experienced an enormous increase over the years with noteworthy investment from sports leagues, sponsorship, game publisher, sports team, entertainment and media industries, and others. E-sports has also seen a year-on-year increase of 41.3%. E-sports business has been estimated to have a value worth almost $1,500,000,000 (1.5 billion US dollars) by next year (2020). While approximately $24,000,000 (24 million US dollars) prize pools globally are being competed for.

INTRODUCING FAIREUM

The Faireum online gambling platform has lots of games such as Wild West, Casino Meister, Taiga, Sky Way, Emperor’s Garden, Glorious Rome, and many others in the iGaming platform (beta) that gamers can engage themselves with.

Faireum is an open-minded gambling blockchain network designed for gamers across the globe. It is a public blockchain that has a unique set of protocols that emphasis on the gambling industry. Faireum provides the globe with a decentralized online gaming and gambling platform with a user-friendly interface, low cost of transactions across the platform, transparency gameplay, secure betting, and gambling with a cutting-edge experience.

The Faireum set of the protocol will solve all underlying issues faced in the online gambling industry with the aid of the Faireum native token (FAIRC) and the game contract. With the unmatched Faireum Node, Gamers and gamblers can seamlessly play their choice games safely without indication of disparity, interruptions and having no flaws or errors.

Faireum online gambling and gaming platform will create a secure and transparent blockchain-ecosystem whereby game developers across the globe can integrate and publish their dApps with Faireum custom features to achieve online gaming criterion. Faireum will build a marketplace for game developers where games and dApps can be listed.

With the aid of the Faireum application programming interface, Business providers can access Faireum online gambling platform by means of the consensus mechanism and Faireum virtual machine “FVM” on the Faireum blockchain.

Network supporters such as block producers (SuperNodes), block partners, and block licensers are incentivized with Faireum native token “FAIRC” by contributing to the Faireum network.

ADVANTAGES OF USING FAIREUM ONLINE GAMBLING PLATFORM

Low cost in online gambling operations.
Payouts are high.
Eliminating fraud from the online gambling industry.
Managing online casino operator funds.
Game developers who integrate their dApps with the Faireum online gambling platform can monetize their dApps.
Game developers can seamlessly generate income for themselves without their need of an operation.
Faireum will create a secure and serene environment where cross-border online casinos can work with one another.
To fit development under Faireum protocols, all services provided to third-parties will be trustworthy, transparent and secured.

FAIREUM GAMES

Virtual Casino
Sports bet
Digital games (e-sports)
Lottery

FAIREUM DECENTRALIZED APPLICATION

The Faireum dApps will be downloadable on the Android, iOS and desktop when it is available. The Faireum Smart Node (FSN) can function as a wallet and a server. It can also work in various ways such as smart node partners, smart exchange, Node services, client services incorporation, and offer users wallet and gaming center.

FAIREUM TOKEN

Faireum created their own native currency called FAIRC token on the Ethereum blockchain that will be use as a standard means for all transactions and rewards. It is an ERC-20 standard token that will serve as the fuel of the platform.