See how our game-changing platform will let anyone run a casinoSee how you will be able to distribute your games and reach a new global audienceChanging the affiliate space for the better with real-time, transparent paymentsSee why FunFair will be the ultimate casino experience for end usersRead the commercial and technical bibles that guide what we do Learn the many uses for our ecosystem's native coinHere's a list of the questions we frequently get askedWith decades of gaming and blockchain experience, we know how to deliverJoin a team with over 100 years' experience and help us revolutionise the online gaming industry.Get the latest news and blogs from the FunFair teamSee our progress so far and where we're looking to be in futureOli Hopton and others will be hosting a Live Chat on our Discord server to discuss the wallet in more detail and take any community questions. Please check into #liveteamchat on Tuesday, 23rd April, 3-3:30pm BST.A cryptocurrency wallet is secure store of your private key. A private key enables the holder to sign transactions, allowing for the transfer of funds and execution of smart contracts. Ether and other ERC-20 tokens like FUN, are not held in wallets but as records on the blockchain which your private key allows you to transact with.Some wallets are intended for long term safekeeping of cryptocurrency (cold), others for easy access to funds and everyday use (hot). Ours will be for the latter, although secure, it is dApp-specific for FunFair-powered casinos and will be intended for use as such and not for long term crypto storage.We want our players to have a sign-up and gameplay experience that they’d experience at any traditional igaming casino, but with the underlying benefits of our blockchain tech. To make this as seamless as possible, we’ve decided to build our own wallet.The three main reasons we’re building this are as follows:Online casino players are used to a certain standard of journey from landing on-site, to registering to play and then to the actual gameplay. Blockchain certainly brings new challenges to this onboarding process, with many players, no matter their crypto or blockchain experience, not fully understanding the nature of wallets, private keys, recovery phrases, signing transactions and the like.To make this process as simple as possible, our wallet will be fully integrated into the journey, not requiring players to go off-site at any point, and will use well understood sign in and registration processes, primarily, email address and password combinations.We’re confident this will increase the conversion rate of visitors to the site, as potential players see a more familiar, easier to understand sign-up and funding mechanism.Our new wallet will be built with an interface that keeps the ease of use front and centre. As with onboarding, it’s imperative the wallet is able to be used by those who have no experience signing Ethereum transactions as much as those who have a more advanced understanding of the tech involved.There’s no reason why blockchain-based platforms have to be more complicated and we’re going to prove this so we can attract a new audience of those wanting guaranteed blockchain fairness but with the simplicity they’d find in other online environments.Gaming is no longer desktop-led and we’re leading the way in bringing blockchain casino to the mobile domain. Our wallet will be available on any browser and any device without the need for extra layers such as browser extensions and app installations.With the same account, players will be able to jump between our soon-to-be mobile optimised platform from small screen devices to their desktop and back again with the ease they demand.Private keys will be stored in an encrypted form on FunFair’s servers. The keys are encrypted with information only known to the user, FunFair will not have access to the unencrypted private key at any time.Access to the encrypted private key is secured using a standard email address and password based sign in. Two factor authentication can be enabled to provide increased security.Everyone will need a wallet account to play on a FunFair casino, but for those comfortable with Metamask, we will be integrating it as an external wallet extension.Our proprietary wallet will be far more ergonomic, with it built specifically for use with our own casino offering, than third-party options, but we want people to have a choice and therefore Metamask, and potentially other wallets down the line, will be available.The wallet will be live in Q2. We’ll announce more specific dates and details when appropriate. We will only release it once it has been rigorously tested on both a security and usability side. Players signed up to CasinoFair and RakeTheRake’s new casino will get access as soon as it’s ready to go.Copyright © 2019 FunFair Technologies.

FunFair Technologies, the leading Isle of Man-licensed blockchain gaming platform, has launched card payments on their platform through one of the world’s leading cryptocurrency payment processors, MoonPay.

True to the promise of bringing blockchain gaming technology to the masses, FunFair is opening up a new audience and driving further adoption with this significant new feature.

In their latest Q2 update FunFair outlined their unwavering focus on payments and marketing as the key areas to drive adoption of their blockchain technology. Both of these are critical in their objective to bring Guaranteed Fair Ⓡ gaming to all parties in their ecosystem, be that players, operators, affiliates or game developers.

In the process of launching FIAT currency payments FunFair have also removed another significant obstacle for players who want to take advantage of the benefits their blockchain technology brings. This is the removal of blockchain network fees, or GAS, for players.  Players can now play on the platform using only, FUN, FunFair’s cryptocurrency, and do not need to have ETH to play. This significantly simplifies the onboarding and gameplay process, reducing friction and complexity.

Fred Kessler, CPO at FunFair Technologies Europe Ltd, said: “Adding card payments is a major milestone for FunFair in our mission to bring blockchain gaming to the masses. We’re focusing all our efforts on payments and marketing to improve the customer journey and adoption to our blockchain gaming platform.

We’ve been looking into this for quite some time and are really glad we decided to integrate MoonPay, they’re one of the largest and fastest-growing payment services providers in the crypto space. FunFair and our partners look forward to sharing some of that success”

Ivan Soto-Wright, co-founder and CEO at MoonPay, said: “I think provably-fair games built on blockchain have a lot of potential to promote cryptocurrency adoption. FunFair are leaders and pioneers in this area and we’re excited to launch our services on their platform. Retail demand for cryptocurrencies has been growing at a remarkable rate and this is another key partner in the industry we’re proud to work with.”

Payment processing is now available through FunFair’s platform on all partners sites. CasinoFair, CryptoCasino and Kingtiger.io

RakeTheRake Goes Live as First White Label Partner of Leading Blockchain ProviderRakeTheRakesCryptoCasino.comhas been launched on FunFair Technologies leading blockchain casino platform as a licensed white label.CryptoCasino.com is the first external white label of FunFair, and the casino is ready to dive into the rapidly growing blockchain gambling scene. In 2019 alone, this industry sector recorded over 1 billion dollars worth of wagers.Through this launch, the brand is able to reach the FunFairs base of 65,000 FUN holders, adding more to its own sizable player base which has been developed over the years of hosting its internationally popular poker affiliate program.As RakeTheRakes first endeavor in both the online casino and blockchain space, CryptoCasino will showcase how easy and low-cost it is to launch a successful casino domain on the FunFair platform.CryptoCasino will raise the standard of the blockchain gambling game by incorporating FunFairs Guaranteed Fair technology and its ever-growing library of casino and instant win titles.RakeTheRakes Founder and CEO,Karim Wilkins, said:Becoming FunFairs first white label with CryptoCasino gives us great satisfaction. Were extremely confident in our brand, the platform, and the innovative affiliate technology, and we cant wait to take CryptoCasino and its players to the moon.FunFairs Co-Founder,Jez San, stated:CryptoCasinos launch is a major landmark on the FunFair roadmap and were excited to partner with expert marketers in RakeTheRake who will drive further adoption to our gaming ecosystem.We continue to update our platform to ensure its user-friendly for those with and without crypto knowledge and we are working on the next steps with RakeTheRake, with the CryptoCasino players being able to confirm our position as the leading blockchain gaming provider.TheCryptoCasino.comdomain is live and accessible to all players within supported countries. As an opening giveaway, new players will be able to benefit from a limited time sign-up bonus of $60 worth of FUN tokens.FunFair Technologies DescriptionFunFair is among the most recognized B2B blockchain-based casino platform providers in the industry. By using the advantages of blockchain, FunFair strives to change the casino industry for the better. The casinos based on their platform have lower costs, the games are accessible to a larger customer base, and players are able to engage in guaranteed fair gambling.The 40-member team behind FunFair has over a century of combined experience in the gaming and casino sector, and two decades of knowledge in the blockchain. This enables them to provide a platform which features quality slots, tables, and unique instant win games which operate on transparency and fairness.FunFair was established by Jez San OBE, Jeremy Longley and Oliver Hopton in 2017, with their headquarters being based in both Dublin and London.For additional information, accessfunfair.io. Follow them onTwitterandTelegramCryptoCasino is a new breed of casino which merges the benefits of blockchain with cutting edge technology to provide players with a guaranteed fair gambling environment. As CryptoCasino uses FunFair Technologies blockchain casino platform, its players will experience the most qualitative games in the industry with the utmost transparency.Armchair Partners Ltd, an online gaming affiliate, manages CryptoCasino as a white label and also runs RakeTheRake.com, a poker rakeback brand. The company is based in the UK and Sweden; it was first established in 2004.For additional information, accessCryptoCasino.comandArmchairPartners.com. Follow Crypto Casinos Twitter accounthereand Facebook accounthere.Featured Up NextHow Blockchain Will Track Medicinal Cannabis In Canada Don't MissR3 partners with Ripe.io to create food traceability blockchain on Microsoft Azure Advertisement https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js (adsbygoogle = window.adsbygoogle || []).push({}); Click to commentFacebook overwhelmed the crypto community with its Libra project and left the financial institutions to cope with the meteor that might replace the traditional banking system. With its whitepaper, Libra established itself as a global currency and a financial infrastructure that would empower its users.The release of Libra did excite many from within the cryptoverse, like eToro, social trading and investing platform. The blockchain scientists from the firm namely, Dr. Omri Ross, Peter Emil Jensen, and Johannes Rude Jensen, took the opportunity to test their tokenized asset on Libras prototype blockchain.Mati Greenspan, Senior Market Analyst at eToro informed the community about the teams work on Twitter:Our boys at Firmo already programmed the first tokenized assets to be deployed on the #Libra network once it goes live.According to the GitHub post, the team used specification targetting Ethereum blockchain to write and execute basic implementation to create a digital asset on Libra blockchain. The team explained the use of Move IR by the blockchain and said that the noveltyof the Move language is the way in which a resource is defined.According to the developers notes, a resource is a structured datatype utilizing ownership model, but it cannot be copied. The resource can only be moved and borrowed, which would be an important aspect for digital currencies as it cannot be duplicated. Another detail about the Move language highlighted by the devs was that it does not allow others to publish data on behalf of other users.Source :ambcryptoContinue ReadingOur previous events of Blockchain Eventon were a stellar success as we attracted some of the top reputed names in our participation list from companies such as Reliance Big Entertainment, Adani Group, DBS Bank India Ltd., Apex Bank, Motilal Oswal, Aditya Birla Capital, Koinex, The Himalaya Drug Company, PWC, Mercedes-Benz India. We also attracted a few government bodies such as SIDBI and SEBI. This year we are expecting more of the industries leading tech visionaries with previous partners including Oracle, IBM, Microsoft, Cognizant, Cisco, EY, ConsenSys, KPMG, Accenture, Dell and many more.The next show taking place on the 6thof December 2019 is themed around Enterprise Blockchain & AI. Blockchain Eventon Awards ceremony will be an integral part and will add value to the event on the eve of the summit. Blockchain Eventon awards will be honoring the foremost thinkers, leaders, and builders in enterprise Blockchain and AI technology.Aadil Singh, the Founder of the Blockchain Eventon is eager to up the game:I wish to thank everyone who attended Blockchain Eventon in 2018 and for the remarkable feedback we received. I look forward to contributing and helping drive Blockchain and AI forward in India by creating a community of like-minded people. The whole setup of Blockchain Eventon is focused on bringing the right people together to do business.He further added:This year, we are raising the standard with a stellar line-up of speakers and we expect an even larger crowd to attend our show. With our understanding of the Indian market and unrelenting crypto regulations, we have decided to base this years show on the theme of Enterprise Blockchain and AI.Our previous events of Blockchain Eventon were a stellar success as we attracted some of the top reputed names in our participation list from companies such as Reliance Big Entertainment, Adani Group, DBS Bank India Ltd., Apex Bank, Motilal Oswal, Aditya Birla Capital, Koinex, The Himalaya Drug Company, PWC, Mercedes-Benz India. We also attracted a few government bodies such as SIDBI and SEBI. This year we are expecting more of the industries leading tech visionaries with previous partners including Oracle, IBM, Microsoft, Cognizant, Cisco, EY, ConsenSys, KPMG, Accenture, Dell and many more.The next show taking place on the 6thof December 2019 is themed around Enterprise Blockchain & AI. Blockchain Eventon Awards ceremony will be an integral part and will add value to the event on the eve of the summit. Blockchain Eventon awards will be honoring the foremost thinkers, leaders, and builders in enterprise Blockchain and AI technology.Aadil Singh, the Founder of the Blockchain Eventon is eager to up the game:I wish to thank everyone who attended Blockchain Eventon in 2018 and for the remarkable feedback we received. I look forward to contributing and helping drive Blockchain and AI forward in India by creating a community of like-minded people. The whole setup of Blockchain Eventon is focused on bringing the right people together to do business.He further added:This year, we are raising the standard with a stellar line-up of speakers and we expect an even larger crowd to attend our show. With our understanding of the Indian market and unrelenting crypto regulations, we have decided to base this years show on the theme of Enterprise Blockchain and AI.The biggest names in the emerging tech industries will take the stage at Blockchain Eventon to share their visions for the future. We are inviting the most influential people in the industry to share their stories. The speaker line up for December is far from filled but already feature top names within the industry such as:Dr. Evan Singh Luthra Founder, EL Group InternationalMr. Ravinder Pal Singh Director Digital Transformation, Dell EMCNishith Pathak Microsoft Regional DirectorMr. Utpal Chakraborty -Head Artificial Intelligence, YES BANK Ltd.Mr. Kumar Gaurav Founder & CEO Cashaa and Auxesis GroupMr. Jason Fernandes COO and Co-Founder AETokenBLOCKCHAIN EVENTON JOB FAIRIT professionals across India are seeing Blockchain and AI technology as the next wave of opportunity and trying to reskill for it. Indeeds Blockchain Jobs report for 2019 revealed that Indias Silicon Valley, Bengaluru, will be the hub for crypto and Blockchain-related careers, followed by Pune, Hyderabad, Noida, and Mumbai.As the demand for talent grows, it is imperative that India focuses on fostering a Blockchain culture and trains the next generation of developers and entrepreneurs. And Blockchain Eventon Job Fair aims to do just that.BLOCKCHAIN & AI FESTIVAL FOR ENTERPRISEBlockchain Eventon is an opportunity for global professionals to engage, learn and explore whats next in the realms of Blockchain, AI, Big Data, IoT and Quantum Technologies. Through a series of diverse knowledge tracks, gain vital insights by participating in thought-provoking discussions about the world-changing potential application of such technologies. Blockchain Eventon is the place to be!For more information on Eventon, please visithere.Source :ambcryptoContinue ReadingJoin us atSeattleBlockchain.iofor the largest conference.With the anticipation of light summer rains in Seattle, there is another event that blockchain enthusiasts in the Emerald City are waiting for. Seattle Devcon, the largest conference in the Northwest region of the United States, is opening its doors to the general public. For the first time, anyone from the community is able to attend the conference without financial barriers [tickets are roughly $20].Hosted at the Global Innovation Exchange, Seattle Devcon will take place at the 100,000 square-foot, state of the art building in Bellevues growing Spring District. Coinstate is collaborating with the Rabbit Hole, whose mission is to promote the participation and leadership of women in blockchain, as well as the University of Washingtons Blockchain Society to include local Seattle developers and enterprises.The blockchain agnostic event will be community focused, featuring two stages and an expo hackathon room. The first stage, BUIDL, will focus on various blockchain technology workshops and talks, ideal for developers and technology decision makers. The second stage, INDUSTRY, is designed for blockchain professionals and learners. This will focus on more in-depth discussions around the implementations of blockchain across industries and its many use cases. The expo hackathon room will have developers and booth vendors for all to explore new projects and demos of working products. Hackathon winners receive prizes provided by CoinMarketCap.Participation from the Universities of Washington, Oregon, and British Columbia will be expected, as well as guests from large enterprises such as Microsoft, T-Mobile, and IBM. Speakers from top blockchain projects include Hashgraph, Tezos, Cardano, Bloq, Consensys, Blockcloud and ShapeShift.Continue Reading Advertisement

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Imagine a casino platform built and sustained by a network of independent nodes, where no one individual has control over the odds, margins, fees or payouts. This is what rising blockchain technology Ethereum provides, and its what many believe will ultimately transform the gambling world as we know it. JPMorgan, Microsoft and Intel were among the first wave to join the Enterprise Ethereum Alliance (EEA) earlier this year, a brand new body that links up firms to blockchain vendors. This, coupled with the rapid rise of Etheruems currency Ether surged an eye-popping 4,500 percent in the last few months alone reflects substantial interest in the platform from major tech players. Few sectors are showing more interest than gambling. Coming to the fore amongst early adopters of Ethereum is FunFair, a casino platform founded by games veteran Jez San. The firm raised $15.4m in the first phase of its recent Initial Coin Offering an event cryptocurrency startups use to raise funds and presented its wares to an audience at Amsterdams iGaming Super Show this month. Unlike other companies, we have much more than a white paper and a dream for our token creation event, commented Jez San, CEO of FunFair. Weve already developed real, playable casino games that prove our model works. Our vision is a limitless universe of transparent, secure casinos that can be easily created by anyone, anywhere in the world. FunFairss Ethereum-based platform will be offered to casino providers as a white label product, allowing retail operators to obtain all the advantages of this provably fair and decentralised technology under their own branded casinos. The site is already showcasing intricate 3D game demos, giving potential developers a taste of whats possible on its open-architecture network. A fun fair of gambling games will eventually feature, ranging from classic card, table and slot games, to exclusive titles developed by individual operators. Like other blockchain projects, every single game on its platform will be provably fair, meaning contracts between player and operator are made public, right down to the mathematical models that drive the RNGs and determine the winnings. Gamblers will themselves be able to verify the fairness of each outcome and confirm whether they should have been paid if they so wished. Yet there are several ways in which FunFair is unique. Its in-house tech looks set to tackle endemic issues in the cryptocurrency-blockchain gambling sphere such as slow betting speed, and poor game experience. Firstly, games built on FunFair run directly in the browser on desktop and mobile devices without requiring an app download, eliminating one of the major pain-points of player onboarding. The firms innovations have already created a substantial reduction in the overhead inherent to an online casino overhead costs in transactions for example, costs can be cut by as much as 99 percent which will undoubtedly prick the ears of big-name operators otherwise wary of blockchain. One of the most salient reasons that newcomers have looked away from blockchain is the speed of play it enables. Slow block confirmation the time it takes for the ledger to update means each user can typically wait up to a minute to lay a bet. This inherent lag has thus far deterred operators and players alike, incurring gas costs and weary gameplay, and is often cited as an argument for how unsustainable blockchain casinos are. Yet FunFair claims to have cracked this snag too. Its patented payment system takes the transactions off chain, meaning that each payment (bet) can be made without waiting for block confirmation. The firms patented Fate Channel technology opens a State Channel a dedicated highway, solely between two parties, allowing secure and immediate payment and therefore, relatively instantaneous bets. In addition, Fate Channel has truncated standard transaction costs from 10 percent to just 0.1 percent. Although payment technologies similar to it already exist, FunFair are the first to deploy one on a mass scale. Mechanics like these could prove key to survival for firms operating in this highly competitive market. Singapore-based FunFair also has a presence in the UK and wants to work with regulators to create a legal infrastructure around cryptocurrency gambling. Lack of transparency regarding licences is a key issue with Bitcoin casinos, with many sites created and run by anonymous parties. A firm getting full legislative recognition could have enormous implications for the entire sector. However, the success of FunFair ultimately rests on convincing casino operators to licence its platform.

Zona de Azar UK CryptoCasino.com Launches on Funfair Blockchain PlatformUK.- June 21th 2019 www.zonadeazar.com CryptoCasino.com, managed by affiliate RakeTheRake, has launched as a licensed white label on FunFair Technologies leading blockchain casino platform.FunFairs first external white label, Crypto Casino, is now well set to tap into the rapidly growing millennial blockchain casino audience. The sector has already seen the equivalent of a billion dollars wagered in 2019 alone.The sought-after brand will also gain instant access to FunFairs audience of 65,000 FUN token holders, along with its own vast player base cultivated over years of running its world-leading affiliate program.Crypto Casino is RakeTheRakes first foray into both the online casino space and blockchain, demonstrating how FunFairs low-cost, easy-to-integrate platform can offer those, who may have previously been deterred, a successful casino operation.Showcasing FunFairs proprietary Guaranteed Fair technology and a burgeoning games portfolio that rivals traditional offerings, CryptoCasino, is set to further raise the standard of blockchain gaming.Karim Wilkins, Founder and CEO at RakeTheRake, said: Becoming FunFairs first white label with Crypto Casino gives us great satisfaction. Were extremely confident in our brand, the platform and the innovative affiliate technology, and we cant wait to take CryptoCasino and its players to the moon.Jez San, Co-Founder at FunFair, said: Crypto Casinos launch is a major landmark on the FunFair roadmap and were excited to partner with expert marketeers in RakeTheRake who will drive further adoption to our gaming ecosystem.We continue to update our platform to ensure its as user-friendly for those with and without crypto knowledge and working on the next steps with RakeTheRake and its Crypto Casino players will confirm our position as the leading blockchain gaming provider.Cryptocasino.com is now live and ready to play for those in accepted territories, with a limited time sign up offer of $60 worth of FUN available to new players to celebrate the launch.Edited by: Zona de AzarPress www.zonadeazar.com

HomeBettingBlockchain Casino FunFair (FUN) Awarded Token Supplier Licence in Isle of ManBlockchain Casino FunFair (FUN) Awarded Token Supplier Licence in Isle of Man ,The tiny island nation of Isle of Man, a British Crown dependency popular for its annual TT motorcycle race, has granted the blockchain casino FunFair a token-based supplier license.FunFair Technologies is an expansive gaming platform incorporating various casino operators, game developers and affiliates. It provides a blockchain-based platform on which gaming and casino operators can quickly and easily build decentralized applications (dApps). Through the use of its Ethereum ERC-20 based token FUN, users can easily raise funds for projects and provide a means of liquidity for their online gaming apps.This is the first time the Isle of Man has awarded such a license, with the move promising to help grow and better regulate gambling on the island. FunFair has established a new company on the island called FunFair Holdings (IOM) in order to conduct business in the region and work with local organizations. The company, which is headquartered in Singapore, has additional offices in similarily blockchain-positive locations like London, Malta, Gibraltar, and Guernsey.Chief compliance officer at FunFair, Stefan Kovach, spoke of the companies excitement to be granted approval within another jurisdiction. Not only does this legitimize FunFairs blockchain gaming ecosystem but it also keeps us right there as a leader at the forefront of regulated, decentralized technology and token-based gambling, he said. The license will help to protect the online safety of FunFair users and has been warmly welcomed by members of the digital community on the Isle of Man.Benefits of Blockchain Blockchain and cryptocurrency-based gambling and casino platforms have exploded in popularity lately, as more users become familiar with the benefits of using cryptocurrency for online gaming. Instant, low-fee transfers, complete transparency, and fairness assured by smart contracts all mean blockchain-based gambling is more beneficial to players than traditional online gambling. Nowadays, hundreds of apps offering gambling in various different cryptocurrencies, including Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Monero (XMR), and Dogecoin (DOGE).Many countries have been slow to formulate legal frameworks for the new technology, but those seeing the benefits of proper regulation are now beginning to offer licensing for the sector. Emerging blockchain networks like Tron and EOS, which provide strong support for gambling-related development, have helped draw millions of dollars into the cryptocurrency industry. The online gambling industry has grown year on year since 2009 and is expected to reach almost $60 billion by 2020.

Predictions! Predictions! Predictions! Everyone is offering you advice, opinion and guidance on what will happen in 2018, from politics to international investment markets to World War Three with North Korea. But, even more predictions are emanating from the feverish cryptocurrency ­communities across the globe. Keyboard warriors who really do not fancy doing a day’s work are mercilessly mining the blockchain to find and tout the next ­Bitcoin. It’s a whole subset of society that many of us will miss if we blink. So, my prediction for 2018 is that cryptocurrency will explode. Most certainly the geeks and early ­adopters will continue to massage their online portfolios on cryptocurrency exchanges like Binance and Coinbase. But the newbies will also pour in as they fear missing out and want to make a few bob. I, too, have joined the newbies staking my claim on the altcoins that could realise ­significant gains in 2018. Of course, I have to caveat this whole article with the following… don’t invest in cryptocurrency unless you are fully prepared to lose the lot. Investing in this area is unproven, unregulated and in essence a bit of a casino. Why would you go to all the trouble of logging in and giving it a go with your hard-earned cash when you know that it is more volatile than the North Korean regime? Well, that is part of the thrill. That is part of the whole crypto movement. And the reason why the crypto exchanges have had to put up “we are full” signs over the whole festive period. They simply cannot cope with the influx of new “investors” who want in. Having been bitten by the crypto bug, I have stuck a few bob on a few “coins”. These are essentially real-life ­companies or start-ups. They have management teams and a whole bunch of developers who are all driving forward the value proposition towards success. So, while my investment is on the exchange and I have bought some cheap coins, behind this I am hoping (yes, ­hoping) that something tangible will come of it. Me and tens of thousands of other speculators around the world. Let me give you an example. FunFair is an altcoin that has an audacious goal. In short, to transform how online gaming is conducted globally. By creating a new platform on the blockchain, FunFair wants to make online gaming more secure, faster and open to a wider audience. In fact, it wants you – yes you – to have the capacity to set up your own online casino. This would be unheard of only a year ago. Yes, FunFair is all about using disruptive technology to radically change how global online gaming takes place. The potential market is huge. FunFair as I write this piece has an exchange price of $0.09 with a market cap of more than $397 million. But, as this company launches its new tech and develops its team, the crypto geeks are ­predicting big things. They are analysing its ­competitors, its marketing and its tech. They are posting predictions of $10 and even $50. These are massive hikes and many do not stand up to typical analytical rigour. But, despite that, both long-established crypto geeks and newbies like me are buying… There is a whole plethora of coins out there that may take your fancy. But, this is where the lottery begins. And I again reaffirm my earlier caveat. Who is controlling the hype and the chatter is a big question for me. Who is investing, albeit a coin like FunFair has attracted proper venture investment, is open to ­substantial questioning. Unfortunately I don’t have the forensic powers and experience to dig deep enough. But, like you, I can use ­Google and spend a few hours researching. It is indeed all the fun of the fair as one has to be willing to jump on the scary ride and see what happens, when one invests in cryptocurrency. I would urge our business readers to start educating themselves in this space as it will definitely get bigger in 2018. l Jim Duffy is co-founder of Moonshot ­Academy and author of Create Special.

Join now to receive first access to our EXCLUSIVE reports and updates. Screenshot of a breaking news alert e-mail from Q2 2017 Please check your email to confirm your subscription We hate SPAM and promise to keep your email address safe Tech entrepreneur Jez San’s latest venture, FunFair Technologies, has raised a landmark sum from the presale of tokens that will eventually power every aspect of its blockchain-based gaming technology platform. FunFair is designed to deliver unrivalled transparency for consumers and efficiency for casino operators. Slated to last a maximum of 15 days, FunFair’s Phase 1 Token Presale on June 22 sold out in just 4 hours, having reached its hard cap of $10M in contributions made using the Ether cryptocurrency. FunFair also received more than $15M in Bitcoin and other cryptocurrencies from individual contributors as well as institutional funds, including Kryptonite1, Block Tower Capital, and Pantera Capital. “I’m thrilled that the blockchain community and institutional investors have so emphatically backed the team, our vision and the progress we’ve already made,” said Jez San OBE, founder and CEO. “Now it gets even more exciting as we work towards a live platform and the creation of a truly fair, transparent and player-focused gaming world.” “FunFair is an incredibly clever Ethereum-based casino games company – decentralized, P2P, provably fair online gaming. My intuition is that Funfair is going to be huge,” noted Dan Morehead, Founder and CEO of Pantera Capital. “Funfair will be one of the first practical applications to go live on Ethereum, and it actually solves a real problem of high casino fees and trust. It’s an Ethereum app that I could actually see my grandma using, which is pretty cool!” remarked Joey Krug, Co-Chief Investment Officer of Pantera Capital. “FunFair has built the first production-ready state channels, powering incredibly quick games without compromising on provable security. They’re leagues ahead of other efforts. Jez is everything you could want in a project lead, and I believe FunFair will be an invaluable addition to the ecosystem,” said Charles Noyes, Analyst, Pantera Capital. “Funfair, the team and the technology, were very impressive. Gaming is a major vertical set for disruption by smart contract technology and Funfair are by far the furthest ahead in terms of functionality and playability.” George McDonough, CEO of Kryptonite1. “Jez and the FunFair team are fantastic. I’ve known Jez since 2013, and it’s been a privilege to work with his team defining the token mechanics and creating the ultra-efficient, token sale contract. I’m looking forward to the next phase for FunFair!” said Peter Vessenes, Managing Director of New Alchemy. “I’m excited to see an experienced entrepreneur like Jez San bring Blockchain technology to gambling. Gambling is an obvious use case for Blockchain tech, but hasn’t yet been implemented in a user-friendly way – I’m looking forward to seeing FunFair change that,” noted Ari Paul, Founder, Block Tower Capital Founders Jez San, Jeremy Longley and Oliver Hopton have a proven track record of over 40 years creating innovative interactive entertainment products and have sold millions of games in the process. The team went public with their plans in early June, publishing commercial and technical white papers, news of its Token Presale and an early platform prototype with casino games playable on an Ethereum test network, using FunFair’s unique Fate Channels. FunFair’s Token Presale took place against the backdrop of recent Initial Coin Offerings (ICOs), which have placed enormous strain on the blockchain, causing global disruption and shutting out potential investors. FunFair delivered an orderly sale with no blockchain disruption and no fraudulent interference thanks to a number of ICO innovations: – FunFair was the first to use the Ethereum Name System (ENS) in a Token Sale, directing people to ‘funfund.eth’, in addition to providing a hexadecimal Ethereum address. This resulted in a more secure investment channel, reducing opportunity for fraudulent activity. – New Alchemy, the advisers and managers of the FunFair Token Presale were responsible for the gas efficient, Multi-Mint Technology that enabled FunFair to accept not only Ether, but also Bitcoin, ZCash, and selected ERC20 tokens. – FunFair is implementing a two-phase token event strategy, including a limited Phase 1 Presale enabling early adopters and investors to participate, followed by a larger Phase 2 event due later in the year. – Combination of VIP and community outreach maximized both volume of participants and total USD raised, with over 1,500 transactions to the smart contract, evidence of the broad participation base sought by the team. – Soft cap and further 4-hour sale period enabled all investors to participate within the short time window. Read more about FunFair’s PreSale in this medium post by Ethereum Foundation developer Nick Johnson and advisor to FunFair “Token Sales Done Better: FunFair”. The FUN token has already been listed on one cryptocurrency exchange including Bittrex and EtherDelta, helping to raise awareness of the project and determine a fair market value ahead of the Phase 2 Token Event in September. According to FunFair’s roadmap, its development team will now focus on more advanced iterations of its proprietary Fate Channel technology, a larger suite of games including Roulette and Blackjack, and an Alpha release of the platform before the year’s end. New Alchemy is the leading blockchain consulting and investment group with recognized experts and years of cryptocurrency and commerce experience. Our team blends unparalleled blockchain skill with practical business know-how to give our clients leading products and services. The FUN token powers every aspect of FunFair’s Ethereum-based casino platform and protocol. Players will bet using FUN, developers and affiliates will be rewarded for their participation in FUN, and operators and licencees will pay players out using FUN. FUN will also power the smart contracts that run the platform, including FunFair’s unique new Random Number Generator and Fate Channel services. FunFair is the world’s fastest Ethereum casino platform. It’s also the first blockchain platform and protocol to make online casino games fun, fast, and fair. The company’s combined 40 years of experience building gaming and casino software means players benefit from beautiful, intuitive games that have bigger payouts and are always provably fair. Using its first-of-kind Fate Channel technology and Ethereum smart contracts, FunFair offers the ultimate casino experience – complete transparency, astonishing efficiency, and unrivalled game play. FunFair is a developer of the platform, protocol and games. The company licenses these games to operators and does not operate the games directly. Founded in 2017 by Jez San, Jeremy Longley and Oliver Hopton, FunFair is headquartered in Singapore with offices in London, Isle of Man and Malta. Join now to receive first access to our EXCLUSIVE reports and updates. Screenshot of a breaking news alert e-mail from Q2 2017 Please check your email to confirm your subscription We hate SPAM and promise to keep your email address safe Please enter the company name, email address to reach you and phone # (optional):

SHAREPRESS RELEASESFunFair token presale raises $26 million in 4 hoursBY Press Releases ON July 06, 2017 TAGs: Blockchain, Dan Morehead, FunFair, George McDonough, Kryptonite1NEW YORK, NY July 6, 2017 Tech entrepreneur Jez Sans latest venture, FunFair Technologies, has raised a landmark sum from the presale of tokens that will eventually power every aspect of its blockchain-based gaming technology platform. FunFair is designed to deliver unrivalled transparency for consumers and efficiency for casino operators.Slated to last a maximum of 15 days, FunFairs Phase 1 Token Presale on June 22 sold out in just 4 hours, having reached its hard cap of $10M in contributions made using the Ether cryptocurrency. FunFair also received more than $15M in Bitcoin and other cryptocurrencies from individual contributors as well as institutional funds, including Kryptonite1, Block Tower Capital, and Pantera Capital.Im thrilled that the blockchain community and institutional investors have so emphatically backed the team, our vision and the progress weve already made, said Jez San OBE, founder and CEO. Now it gets even more exciting as we work towards a live platform and the creation of a truly fair, transparent and player-focused gaming world.FunFair is an incredibly clever Ethereum-based casino games company decentralized, P2P, provably fair online gaming. My intuition is that Funfair is going to be huge, noted Dan Morehead, Founder and CEO of Pantera Capital.Funfair will be one of the first practical applications to go live on Ethereum, and it actually solves a real problem of high casino fees and trust. Its an Ethereum app that I could actually see my grandma using, which is pretty cool! remarked Joey Krug, Co-Chief Investment Officer of Pantera Capital.FunFair has built the first production-ready state channels, powering incredibly quick games without compromising on provable security. Theyre leagues ahead of other efforts. Jez is everything you could want in a project lead, and I believe FunFair will be an invaluable addition to the ecosystem, said Charles Noyes, Analyst, Pantera Capital.Funfair, the team and the technology, were very impressive. Gaming is a major vertical set for disruption by smart contract technology and Funfair are by far the furthest ahead in terms of functionality and playability.George McDonough, CEO of Kryptonite1.Jez and the FunFair team are fantastic. Ive known Jez since 2013, and its been a privilege to work with his team defining the token mechanics and creating the ultra-efficient, token sale contract. Im looking forward to the next phase for FunFair! said Peter Vessenes, Managing Director of New Alchemy.Im excited to see an experienced entrepreneur like Jez San bring Blockchain technology to gambling. Gambling is an obvious use case for Blockchain tech, but hasnt yet been implemented in a user-friendly way Im looking forward to seeing FunFair change that, noted Ari Paul, Founder, Block Tower CapitalA model for future token salesFounders Jez San, Jeremy Longley and Oliver Hopton have a proven track record of over 40 years creating innovative interactive entertainment products and have sold millions of games in the process. The team went public with their plans in early June, publishing commercial and technical white papers, news of its Token Presale and an early platform prototype with casino games playable on an Ethereum test network, using FunFairs unique Fate Channels.FunFairs Token Presale took place against the backdrop of recent Initial Coin Offerings (ICOs), which have placed enormous strain on the blockchain, causing global disruption and shutting out potential investors. FunFair delivered an orderly sale with no blockchain disruption and no fraudulent interference thanks to a number of ICO innovations: FunFair was the first to use the Ethereum Name System (ENS) in a Token Sale, directing people to funfund.eth, in addition to providing a hexadecimal Ethereum address. This resulted in a more secure investment channel, reducing opportunity for fraudulent activity. New Alchemy, the advisers and managers of the FunFair Token Presale were responsible for the gas efficient, Multi-Mint Technology that enabled FunFair to accept not only Ether, but also Bitcoin, ZCash, and selected ERC20 tokens.FunFair is implementing a two-phase token event strategy, including a limited Phase 1 Presale enabling early adopters and investors to participate, followed by a larger Phase 2 event due later in the year.Combination of VIP and community outreach maximized both volume of participants and total USD raised, with over 1,500 transactions to the smart contract, evidence of the broad participation base sought by the team.Soft cap and further 4-hour sale period enabled all investors to participate within the short time window.Read more about FunFairs PreSale in this medium post by Ethereum Foundation developer Nick Johnson and advisor to FunFair Token Sales Done Better: FunFair.The FUN token has already been listed on one cryptocurrency exchange including Bittrex and EtherDelta, helping to raise awareness of the project and determine a fair market value ahead of the Phase 2 Token Event in September.According to FunFairs roadmap, its development team will now focus on more advanced iterations of its proprietary Fate Channel technology, a larger suite of games including Roulette and Blackjack, and an Alpha release of the platform before the years end.About New AlchemyNew Alchemy is the leading blockchain consulting and investment group with recognized experts and years of cryptocurrency and commerce experience. Our team blends unparalleled blockchain skill with practical business know-how to give our clients leading products and services. Contact us today at hello@newlachemy.io, or for more information at https://newalchemy.io/.About FUN TokensThe FUN token powers every aspect of FunFairs Ethereum-based casino platform and protocol. Players will bet using FUN, developers and affiliates will be rewarded for their participation in FUN, and operators and licencees will pay players out using FUN. FUN will also power the smart contracts that run the platform, including FunFairs unique new Random Number Generator and Fate Channel services.About FunFairFunFair is the worlds fastest Ethereum casino platform. Its also the first blockchain platform and protocol to make online casino games fun, fast, and fair. The companys combined 40 years of experience building gaming and casino software means players benefit from beautiful, intuitive games that have bigger payouts and are always provably fair. Using its first-of-kind Fate Channel technology and Ethereum smart contracts, FunFair offers the ultimate casino experience complete transparency, astonishing efficiency, and unrivalled game play. FunFair is a developer of the platform, protocol and games. The company licenses these games to operators and does not operate the games directly. Founded in 2017 by Jez San, Jeremy Longley and Oliver Hopton, FunFair is headquartered in Singapore with offices in London, Isle of Man and Malta.For more information, visit www.funfair.io,Twitter: https://twitter.com/FunFairTech and Slack: https://funfair-slackin.herokuapp.com/ Comments

An event dubbed the Bitcoin Funfair willtake place in Stockholm next month with the aim of encouraging use of the digital currency among consumers.The event, organised by The Forumist, a group of creative Swedish individuals and bitcoin users, will host upcoming designers, entrepreneurs and vintage shops who will showcase and sell their products.To encourage shopping, visitors will be asked to exchange a minimum of 100 Swedish krona (SEK) into bitcoin, which they willbe able to spend, save or exchange back into fiatcurrency if unused.When asked about the purpose of the event, Gustav Bagge, content creator at The Forumist, said: "We just want regular people to discover bitcoins, and help young upcoming artists, designers and innovators learn about the possibilities of permission-less innovation."The idea, he continued, was to demonstrate to people, business owners, innovators and emerging entrepreneurs that bitcoin is a fun, modern and simple tool for economic transactions.TheFunfair, described as "a flea market from the future with dazzling colours, delicious food, fascinating products, enchanting music and entertainment", will take place on 14th and 15th February in Stockholm's Sdra Theatre.The organisers have also opened up the event to children. Kids Hack Day, a group which encourages technology-related play among children, will be present to supervise them as they swap, sell or buy items from each other using bitcoin.Bagge said that "there seems to be a great interest for something like this", and confirmed plans for future events, citing Tokyo or Barcelona as possible destinations.He added:"We are tired of reading about hacks and thefts in the mainstream media, when the reality is that bitcoin is an amazing new technology that empowers anyone to start a business."Funfair image via Shutterstock The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. SwedenLifestyleFeb 19, 2018 at 03:35 | Marc HochsteinWhat makes a nocoiner a nocoiner is not simply the absence of cryptocurrency from his investment portfolio, but his sanctimonious attitude about it.Dec 24, 2017 at 13:30 | Sarah FriendBlockchain may be a revolution in finance but it's also weird, as this tour through the outer edges of crypto cyberspace proves.Dec 19, 2017 at 13:00 | Thessy MehrainFinancial gains may be attracting new entrants, but that's all the more reason to increase the emphasis on blockchain as a means for change.Dec 16, 2017 at 14:00 | Mike In SpaceNot for easily swayed, vlogger Mike in Space narrates a tour through the world of bitcoin memes (and mixed messages) of 2017. I would like to receive the following emails: CoinDesk Weekly - Insights for the week ahead CoinDesk Daily - Our snapshot of the day's news Subscribe to our free newsletter and follow us

Home ICO FunFair Makes ‘Fun’ and ‘Fair’ Gaming Possible With Its Blockchain Solutions FunFair Makes ‘Fun’ and ‘Fair’ Gaming Possible With Its Blockchain Solutions if ( td_screen_width >= 1140 ) { document.write(''); (adsbygoogle = window.adsbygoogle || []).push({}); if ( td_screen_width >= 1019 && td_screen_width < 1140 ) { document.write(''); (adsbygoogle = window.adsbygoogle || []).push({}); if ( td_screen_width >= 768 && td_screen_width < 1019 ) { document.write(''); (adsbygoogle = window.adsbygoogle || []).push({}); if ( td_screen_width < 768 ) { document.write(''); (adsbygoogle = window.adsbygoogle || []).push({}); In the world of gambling, “house edge” revolves around one simple principle. Over time, the casino, or “house,” will gain a mathematical advantage over their players or a greater chance to win more often than their patrons, hence the saying – “The House Always Wins.” Obviously, this is no great revelation, and casino players and those who enjoy gambling know that this is par for the course in any and all major casinos. However, what is not known with any great degree of confidence, even if the casino reports it, is the house edge that an online casino operator truly has over its players. Although the majority of casino operators act honestly, there are those who game the system; rigging the odds in their favor by tampering with the randomness of game outcomes. But there’s one UK based company whose proprietary technology promises to bring an end to the era of unfair online gambling, and they’re on a crusade to bring fun, fair and transparent gaming to casinos and players worldwide – the aptly named FunFair. Blokt caught up with Stefan Kovach, CCO of FunFair, to talk about their latest developments, the outlook for the future, and how they identified a need for provably fair gaming. Co-founded in 2017 by Jez San, the gaming industry veteran behind 3D poker site PKR.com, experienced developer Oli Hopton, and long-time technology manager Jeremy Longley, FunFair is a live blockchain casino platform which solves many of the randomness issues which are currently rife in the gambling industry. San was awarded an OBE for his services to the British tech industry, and has a long history of innovating in the technology sector, helping to develop the very first 3D graphics chip which made the development of the classic Nintendo game Star Fox possible; after which he moved into gaming, and eventually into the world of decentralized technology. “Our three innovative co-founders launched FunFair with the culmination of its successful ICO in 2017, after which our team grew quickly as the project moved from a technical proof of concept, to a viable, commercially-minded operation. We now have a team of around 40, with varied and deep backgrounds from within the gambling, decentralised tech and video gaming industries.” FunFair was founded around two principles, fun and fairness, and the FunFair team are using blockchain to bring players provably fair and premium gaming experience. What Is Provably Fair Gaming, and Why Is It Needed? As we briefly discussed in our introduction, certain aspects of online gambling take place behind closed doors. Operators who don’t play by the rules could be intentionally changing the odds in their favor, and realistically, for the average Joe gamer, this would be incredibly hard to prove. “Players get a raw deal with certain casinos. The nature of igaming revolves around private remote game servers, a black box in the control of the house that players must trust to return random numbers. Although most do not, there is a public perception that many operators fiddle with randomness and often exit scam with players’ funds, while it’s clear that too many hold on to players funds for far too long.” Likewise, players must trust that online casinos are enacting the correct custody of their funds. For example, an online poker player who wishes to stake $10,000 during a game must trust that the casino will adequately protect their large lump sum deposit. More importantly, the player has to be confident in the knowledge that if they win, the online casino will pay out their winnings in full and on time. Although larger gaming operators are less likely to engage in nefarious activities due to their frequent auditing and reporting requirements; less well-regulated gaming sites may take the opportunity to defraud players, knowing they’re unlikely to be exposed. However, this isn’t just an issue for casino players. For honest small gaming operators out there, it’s difficult to attract and keep new players, who feel they may have a fairer experience with a larger operator. Blockchain, due to its immutable and open source nature, offers transparent and auditable code, as well as funding custody services which are always in the players’ control. This gives players “provably fair” gaming solutions. Typically, blockchain solutions have encountered problems with scalability – in short, the ability to process many hundreds or thousands of transactions in a short space of time, an integral feature for online casino operators. As it happens, FunFair has a solution for that too. FunFair solves blockchain scaling for gaming scenarios through its proprietary “fate channel” technology, a key feature of FunFair’s technology stack. But FunFair hasn’t left anything to fate, here’s how fate channels and their native FUN token work, and what they solve. Asked why fate channels are so instrumental to FunFair’s solution, Kovach tells us: “Our Fate Channels allow us to overcome scaling issues by taking the real-time gaming component of games off-chain, while ensuring fairness with transparent code and with players not relenting control of their funds to the house during a game session.” Fate channels likewise improve gaming fairness. Kovach adds that when opening a fate channel: “Half the random numbers are generated by the player and half by the house. You might cheat on your side, but you can’t fix the other, so there is no incentive to.” Eliminating either party trying to fiddle the odds in their favor. When it comes to custody of funds, fate channels have got that covered too. Kovach explains: “Our casinos never have custody of players funds during sessions. Unlike traditional e-casinos, players commit some ‘FUN’, our native gameplay token, and the house covers this to an amount that the player could win – with funds held in escrow on the blockchain. Upon closing the Fate Channel, correct payments are settled by interrogable smart contracts to both player and house, immediately.” The FUN token is a native Ethereum ERC-20 token which underpins the FunFair ecosystem. Used for player wagers, casino license fees, game developer rewards, and affiliate revenues, the FUN token allows FunFair ecosystem participants to transact transparently, with greater speed and security than what other tokens would offer. With so many established and traditional casino operators already incumbent in the space, what advantages does FunFair offer which will give it a competitive edge in disrupting the online gaming space? “As a decentralized platform, many resources needed for traditional casinos aren’t required, therefore FunFair’s costs are far lower. We are able to pass these savings on to our partners. We don’t need payment providers, security is built in, server costs are negligible in comparison and chargebacks are non-existent.” In addition to the clear financial benefits realized through FunFair’s platform, Stefen also pointed out that the huge blockchain and crypto audience is waiting in the wings to use a blockchain based gaming solution. It’s an understatement to say FunFair has been busy since concluding its ICO. Here’s a breakdown of its major milestones and achievements: Fate Channels – Development of FunFairs proprietary fate channel solutions, now stable on its mainnet and implemented with its first casino launch. CasinoFair – Launch of FunFair’s first live casino, available in 22 countries. The CasinoFair platform features 13 fully-functional quality FunFair game titles, a blockchain first, built by experienced game designers, including titles by Spike Games. Gaming Events – FunFair have kept up a consistently high presence at some of the largest gaming industry events in the world, including ICE London, SiGMA, G2E Vegas and G2E Asia; where they’ve generated numerous leads and brought on new white-label partners. FUN Token – Successfully used in the completion of its raise in 2017, the FUN token is now trading on Binance, LATOKEN, HitBTC, and 20 other exchanges, with more going live soon. Rake the Rake – FunFair has announced a partnership with popular poker affiliate, Rake the Rake, who will be the first casino partner to go live on the FunFair platform. As an affiliate platform, Rake the Rake has access to hundreds of thousands of potential players. We asked Kovach what he thought the biggest challenge was for the future at FunFair, and he had this to share with us: “Adoption is our sole focus at present. We’ve proven our Fate Channel tech through our live casino launch in CasinoFair. We are now committing the majority of our resources to make the platform as usable as possible.” When asked which specific areas of focus FunFair would be targeted for research and improvement, a few stood out among the rest. Kovach added: “There are various areas to focus on, including KYC procedures, wallets and funding, and how best to explain ours and the blockchain’s value propositions to a traditional casino player.” During the CasinoFair proof of concept launch, the FunFair team have gained valuable insight into player behavior, promotion and campaign offerings which could be implemented with new clients, in addition to identifying and improving the UI/UX of their platform; so users have a seamless experience out of the box. To accelerate their launch and the success of new operators using their platform, the FunFair team are gearing up for a dedicated affiliate program, opening the doors to vast new market opportunities. To conclude, we think this statement from FunFair CCO Kovach best summarizes what is just over the horizon for FunFair: “We believe that if we can provide the ultimate, functional casino experience that can match any existing igaming site out there, but with added provable fairness, then surely, it’s a no-brainer… For the players, they’re simply getting the best gaming experience on the blockchain.” We wish the FunFair team the best of luck in changing the future of online gaming.