[Taklimakan Blog] FunFair Gains 183% As Blockchain Gaming Industry Grows

The growing interest and growth of the blockchain-based multiplayer gaming industry are key factors driving up the value of FunFair (FUN). Many DApps and blockchain games are designed with casino and RPG features in mind, which allow players to use cryptocurrency for gambling.

FunFair is a turnkey blockchain based legal casino and the platform aims to provide services with zero setup fees and no monthly minimums. The platform’s own FUN token is a resource for every feature on the FunFair platform and players need to use it to place bets and winnings are paid out in the same way. FUN tokens are used to compensate game developers and pay commissions and services to affiliates and in-game.

The token is up 183% since January 28, a move that appears to be underpinned by user growth, the amount of stakes on the platform, and the volume of transactions along the chain. In June 2017, ICO raised $ 26 million for 21.3% of all FUN tokens.

The founders and consultants retained 14.4%, while the FunFair Foundation retained the remaining 64.3%. Since then, the Foundation has decided to host over 6 billion tokens, reducing the maximum token supply to 11 billion. The team is committed to ensuring transparency to prevent fraud by operators and players. Using peer-to-peer technology and smart contracts.

The platform hosts classic games such as virtual slot machines, Blackjack and FanFair technologies, and third-party companies are actively developing new games. The system is completely browser-based and uses HTML5 and WebGL standards to provide a user-friendly experience on mobile devices.

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Pop culture fanatic. Hardcore coffee junkie. Food ninja. Bacon expert. Hipster-friendly introvert. Crypto expert on Taklimakan.Network.

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Anatole Strum

Anatole Strum

Pop culture fanatic. Hardcore coffee junkie. Food ninja. Bacon expert. Hipster-friendly introvert. Crypto expert on Taklimakan.Network.

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