FunFair Blockchain Casino Platform Launches CasinoFair Powered by FUN tokens
CasinoFair Set to Leverage FunFair Blockchain Network After Launching an Online Casino Powered by FUN Tokens
Funfair, a blockchain-based gaming platform recently became a host to CasinoFair which launched its network on its ecosystem. Funfair was developed to enhance the gaming experience in online casinos leveraging the blockchain technology. Therefore, it would be right to categorize the platform’s objectives under solving casino-affiliated problems.
CasinoFair on the other hand is looking forward to tap into the online casino market using its advanced features as a competitive edge. The platform’s vision is to encourage a fair ecosystem for betting while using the FunFair blockchain capabilities ‘Fate Channels’.
The Fate Channels came into existence as a solution to Ethereum’s scaling inefficiencies. Its design was developed to suit blockchain casinos without any issues of future expansion. Fate Channels are used to play the online casino games since they link the house and clients. Through this technology, FunFair creates a state-like avenue which oversees the generation of random digits in real-time to ascertain the collaboration between participants.
Jez San, founder of the Funfair group, spoke to CoinJournal & said that it was the right market timing for their product. This is because old casino systems are vulnerable to unfair plays, an issue that turns away many prospective participants.
“This issue is no longer relevant with a FunFair-powered casino such as CasinoFair, which guarantees every deal of a card, the spin of a reel or roll of a dice is exactly as it should have been, using the blockchain for transparency and security. Players can no longer be cheated as they hold full control of their funds, and we believe that for these reasons, the potential market for a quality blockchain casino is vast.”
Furthermore, CasinoFair which is licensed & currently leveraging Funfair blockchain network claims to have an enhanced ecosystem that is fair and secure for players. This is because the platform ensures that the participants in the online casino games allocate proceeds to an escrow for payments in case of a loss.
FunFair on its part also strongly believes in its fundamental value within the blockchain & casino industries. The network take pride in a high level security blockchain platform whose functionalities out do that of its peers. FunFair’s smart contract powered & decentralized ecosystem ensures that it indeed meets the expectations by players.
One can easily start using CasinoFair to play online casino games provided they have acquired the native FunFair tokens ‘FUN’. This should be loaded on the participant’s wallet address within the FunFair network. An interested gamer will then have a variety of high-end games like Blackjack to choose from once the funding reflects in the wallets. Additionally, the native FunFair tokens can be bought from crypto exchanges that have listed the digital currency as plans to develop a link with fiat money materialize.
CasinoFair stands a great chance to benefit from the FunFair blockchain according to Jez San. As more gaming apps are integrated with the FunFair blockchain, it follows that CasinoFair can only expand its horizons given the exposure it will receive.
At the time of press, CasinoFair has opened its operations to Norway, Finland, Switzerland & Canada but looks forward to new markets very soon.