Review on FunFair by Fabrizio Zampieri
FunFair overcomes the problems of traditional gambling institutions by placing…
FunFair overcomes the problems of traditional gambling institutions by placing gambling on the blockchain and licensing out their technology.
The FUN tokens will be used as the unique means of playing FunFair casino games, the method of charging fees before being destroyed, payment for game creators, and a currency for in-app purchases.
The founding team have a long and strong experience on building virtual gaming platforms and it's important for the long-term prospects of the company. The main founder is Jef Sanz and Jeremy Longley, who started the online poker room success ‘PKR’ in 2005. Sanz has been recognised as a pioneer in the gaming industry.
Pros
- - Clear roadmap and token use-case. - Security and transparency (this means that anyone playing on a site that uses FunFair tokens has a certainty of quality and fairness, and the algorithms used will always be available for public viewing). - Advanced technology (these indie casinos will be able to use the Funfigutator tool to build and customise their platform, free of charge). - Talented developers with experience in gaming and gambling. In conclusion, in my opinion, FunFair project will at the very least allow micro-casinos to be set up rapidly and with ease.
Cons
- FunFair is a very young project so is still not clear if it will ever be able to tackle the large-scale casino market, however there are great potentialities. The volatility of the market might influence the volume of active players (in an uptrending market, users theoretically could enjoy betting tokens they bought for pennies against tokens now worth dollars, however a bearish market might see users reluctant to wager on a slowly depreciating asset, or even use FunFair as a store of value). However this is a crypto's sector common problem. FUN current quotation is understimated (as general crypto market in this period..).
