Re: [ANN] [ICO] FunFair.io - Disrupting Online Gaming - New Casino Platform
So many casino and gaming coins these days. Could you point out the difference between them and yours?
Far faster than any casino/gaming coin on the market. It uses fate channels and acts a bit like Raiden but more specialized and actually better in some ways (amazing that this technology is quietly tucked in FUN when Raiden isn't even close to being completed). The speed is crucial for a good game experience.
Created by a legend in video games and online casinos, so the games themselves look wonderful and offer the same user experience as traditional online casinos.
Transaction fee only occurs when you enter and exit, but not during the game, so you can play hundreds of hands of blackjack (hours) for example, and pay the same gas costs as one hand or spin with other company's games.
Your money stays with YOU. It does not go to the casino or anywhere else. You start with the money, you end with your money.
The platform allows for private label casinos, and also for people to develop their own games on top of FUN... so it is not limited to what the developers of FUN create.
I could go on and on and on.
Edit: I actually will go on a little bit more
Quote from the developer:
We have significant advantages over our peers. 1. we're experienced at both games development and online gaming. 2. we know the casino games industry having worked in it for a decade. 3. we have superior tech to anyone else, and a lot more tech coming thats quite groundbreaking. no one else, as yet, can deliver games at low cost except FF, a big deal and not to be underplayed! 4. we know how to make games. few others seem to know. 5. we're building an entire suite of games for launch (no one else seems to have more than one or at most two games, and theyre low quality). 6. We have a developer and licensed operator model which is infinitely more scalable than the other guys, who are trying to market themselves.
FunFair current total valuation is currently priced shy of half a Billion Dollars
Total Supply will be 17 Billion Tokens.
I understand FunFair will burn tokens in the future but is this valuation insane or what?
Total Supply will be 17 Billion Tokens.
I understand FunFair will burn tokens in the future but is this valuation insane or what?
They may burn tokens or they may give those tokens to Phase I token holders to increase value. But yes, tokens will be burned from transactional fees. Jez Sans the developer does not believe it will reach 17 billion tokens anyways. At the moment 3 billion in circulation is what should be used for estimation, but that should be considered with the value increasing plans.
Total supply is very large, it is difficult to bring prices up
Will be easier than you think, albeit gradual and controlled (healthy). You may want to do more research into the Reverse Dutch auction, burning of the tokens and giving back tokens from Phase 2 to the Phase 1 token holders. I suggest you join the FUN slack channel, then search for keywords.
Why is the price is so hard falling? Someone will tell me what's going on, after all, it looks like a total scam. Sad look at what's going on ... 
Quite normal actually for an ICO or when added to an exchange. In fact I would be concerned if it not behave in this exact way. Quite healthy.
Any plans on making a Baccarat game for this?
Yes, they plan to release at least two games per month. Their goal was to aim for the most popular games in actual casinos, then work their way down. In western casinos, slots account for 70%, followed by Baccarat, and so forth. In the East, Baccarat is #1... so the plan is to address them in a "most demanded" fashion.
PEOPLE MAKE FIRST ICO THEN PRODUCT (MAYBE)
CART IN FRONT HORSE...
HORSE PUSH WITH HEAD, GET HEADACHE, LEAVE CART
CART IN FRONT HORSE...
HORSE PUSH WITH HEAD, GET HEADACHE, LEAVE CART
What is refreshing about FUN, is that it is one of the only projects that actually has the horse before the cart. Games have already been developed and is the first real use case for ETH smart contracts. I think it is great that the developer can show actual games and how it works right now (not theoretical or in the future, but now).
A quote from Jez that shows just one example of the horse before the cart:
We stayed in stealth mode while we were developing the advanced technology that has set us ahead of everyone else. we didnt intend to be so quiet, but we also didnt want to reveal the cool technology we had, too much ahead of our pre-sale, because we wanted to ensure we had a huge head start over the competition. no one else seems to have, as yet, this high performance, low gas tech.. though they all covet it.
This Project is being Developed by one of the best teams I've ever seen.
Agreed. People should read a bit more about Jez San.
The story of how he reverse engineered a Nintendo Gameboy without Nintendo's help, then impressed them so much that he met Hiroshi Yamauchi (the President of Nintendo), then worked for him on 3D games... is pretty amazing I think.
If anyone wants to read that story, it is half way down this article:
https://calvinayre.com/2014/07/30/business/jez-san-gaming-industry-profiles-bl-video/
Also here is a wikipedia on him:
https://en.wikipedia.org/wiki/Jez_San