How to Exchange FunFair (FUN)

How Much FunFair Can I Exchange on Exchang.io?

Exchanging FunFair on Exchang.io is unlimited. You can start swapping FUN right now starting from the lower limit of ≈ $3.

There are no upper limits for FunFair exchanges at Exchang.io. Exchange FunFair with other cryptocurrencies from the list of over 700 coins as much as you want to.

Cross-chain exchanges are available; just choose any coin on any network and click the Exchange button, and we'll do the rest for you

What is FunFair?

FunFair is a cryptocurrency that operates on the Ethereum blockchain. It was created to serve as the primary currency for an online casino platform of the same name, which uses blockchain technology to provide transparency and fairness in gaming.

The FunFair platform aims to revolutionize the online gambling industry by providing a secure and transparent environment for players while also reducing costs for operators. The platform utilizes smart contracts and decentralized technology to ensure the integrity of games and payouts.

The FunFair token (FUN) is used to play games on the platform, pay fees, and reward game developers. It serves as the native currency for the platform, and users can purchase FUN tokens on various exchanges.

One of the key benefits of using FunFair is the speed of transactions. Because it operates on the Ethereum blockchain, transfers are processed quickly and with low fees, making it an ideal currency for online gaming.

Another benefit is the security and transparency provided by the blockchain. Each transaction is recorded on the blockchain, ensuring that all gaming outcomes are fair and that players have complete visibility into their transactions and balances.

The FunFair platform offers a range of games for players, including slots, table games, and instant win games. These games are developed by third-party studios, and the platform rewards developers with a percentage of each game's revenue.

FunFair's approach to online gaming has received recognition from industry experts, including being shortlisted for the EGR Operator Awards and winning the ICE London Pitch competition.

In addition to the online casino platform, FunFair has recently launched a new product called Fate Channels, which allows for even faster and more efficient transactions between players and operators.

The team behind FunFair includes industry veterans with experience in both the gaming and blockchain industries. The company is headquartered in London, with additional offices in Malta and Dublin.

As with any cryptocurrency, the value of FunFair fluctuates based on market demand. However, the use case for FUN tokens as a currency for online gaming could provide long-term stability and value.

While FunFair is primarily focused on the online gambling industry, its decentralized technology can be applied to other industries as well. The platform has the potential to disrupt traditional centralized systems in areas such as finance, supply chain management, and more.

Overall, FunFair offers a unique and innovative approach to online gaming, with the potential to transform the industry as a whole. Its use of blockchain technology provides transparency and fairness while also reducing costs for operators, making it an attractive option for both players and investors.

Brief History of FunFair

FunFair is a decentralized gaming platform launched in 2017, which aimed to disrupt the traditional online gambling industry by utilizing blockchain technology and smart contracts. The platform's native cryptocurrency, FUN, was designed to enable instant, secure, and transparent transactions between players and operators on the platform.

The FunFair project was founded by Jez San, a British entrepreneur who has over three decades of experience in the gaming industry. San is also known for founding a number of successful gaming companies, including Argonaut Games, one of the largest independent game developers in Europe.

The idea for FunFair came about in 2016 when San recognized that the online gambling industry was plagued by issues such as poor user experience, slow payment processing times, and lack of transparency. He believed that blockchain technology could solve these problems by enabling faster, cheaper, and more secure transactions, as well as providing greater transparency and fairness.

To bring his vision to life, San assembled a team of experienced developers and advisors from the gaming and blockchain industries. Together, they developed the FunFair platform, which utilizes the Ethereum blockchain and smart contracts to power its games and transactions.

The platform launched in June 2017 with an initial coin offering (ICO) that raised approximately $26 million in funding. The FUN token was issued during the ICO and was made available for trading on several cryptocurrency exchanges shortly thereafter.

The FunFair platform offers a range of casino games, including slots, table games, and instant win games, all of which are provably fair and transparent. Players can deposit and withdraw funds instantly using the FUN token, and all transactions are recorded on the blockchain for full transparency.

FunFair's unique technology stack consists of Fate Channels, which allow for off-chain gaming interactions, and the use of state channels to reduce gas fees on the Ethereum network. This enables FunFair games to run smoothly and quickly, without the need for expensive transactions on the blockchain.

In 2018, FunFair announced a partnership with Spike Games to bring their popular slot games to the platform. This marked the first third-party content deal for the FunFair platform and helped to bolster its game offerings.

In March 2019, FunFair released its first white-label casino, CasinoFair, which was licensed by the government of Curacao. The launch of CasinoFair was a significant milestone for the project, as it demonstrated the viability of the FunFair platform and showcased its potential to disrupt the online gambling industry.

In November 2019, FunFair launched a new version of its platform, called Fate Channels 2.0, which included improvements to scalability, security, and user experience. The updated platform also featured new games and partnerships with additional game developers.

In October 2020, FunFair announced a major rebranding initiative, which included a new logo, website, and marketing strategy. The rebranding was designed to position the project as a leading player in the decentralized gaming space and appeal to a broader audience.

Despite its innovative technology and strong team, FunFair has faced challenges in gaining widespread adoption and achieving mainstream success. The online gambling industry remains highly regulated and competitive, with established players dominating the market.

As of June 2023, the FUN token is trading at around $0.02 USD, down significantly from its all-time high of $0.25 USD in January 2018. However, the project continues to develop new partnerships and features, and the team remains committed to realizing its vision of disrupting the online gambling industry through blockchain technology and decentralized gaming.

In conclusion, FunFair is an ambitious project that aims to revolutionize the online gambling industry by leveraging the power of blockchain technology. While the project has faced challenges in gaining traction and adoption, it has made significant progress since its launch in 2017, and the team remains dedicated to driving innovation and disruption in the space.

FunFair Key Advantages and Unique Features

FunFair is a cryptocurrency designed specifically for online gambling. It operates on the Ethereum blockchain, utilizing smart contracts to facilitate transactions and ensure fairness in games. Some of its key advantages include its speed, security, transparency, and low fees.

One unique feature of FunFair is its use of Fate Channels, which enable instant transactions and significantly reduce the costs associated with each transaction. This allows for a seamless user experience, as players can deposit and withdraw funds quickly and easily without having to wait for confirmations from the blockchain.

Another advantage of FunFair is its focus on transparency and fairness. Smart contracts are used to ensure that all games are provably fair, meaning that the outcome of each game can be verified by anyone on the blockchain. This helps to build trust among players and operators alike, as it eliminates the possibility of rigged or unfair games.

FunFair also offers a wide variety of games, including classic casino games such as blackjack, roulette, and baccarat, as well as a range of slot machines and other unique offerings. Players can enjoy these games using FunFair's native token, FUN, which can be easily purchased and traded on a number of popular exchanges.

In terms of security, FunFair provides a high level of protection for both players and operators. All transactions are secured using advanced encryption techniques, and personal information is kept confidential at all times. This helps to protect against fraud and other forms of cybercrime that can be prevalent in the online gambling industry.

Perhaps one of the most significant advantages of FunFair is its global accessibility. Because it operates on the blockchain, users from anywhere in the world can participate in online gambling using FunFair's platform. This helps to break down barriers and create a more inclusive online gambling environment.

Overall, FunFair offers a number of unique features and advantages that make it an attractive option for both players and operators in the online gambling space. Its use of smart contracts, Fate Channels, and provably fair games help to ensure transparency and fairness, while its low fees and global accessibility make it a convenient and cost-effective solution for online gambling enthusiasts around the world.

10 Facts About FunFair

FunFair is a decentralized blockchain-based platform that aims to revolutionize the online gaming industry by providing a transparent, fair, and secure gaming experience for players from around the world.

The platform's native cryptocurrency is called FUN, which is an ERC-20 token built on the Ethereum blockchain. It is used to power all transactions in the FunFair ecosystem, including betting, game licensing, and rewards.

FUN tokens are traded on several major cryptocurrency exchanges, including Binance, Bitfinex, and OKEx. The token has a limited supply of 11 billion, with no additional tokens planned to be minted.

FunFair offers a suite of proprietary games, including classic casino favorites like slots and blackjack, as well as unique games like Fate of Thrones and Rocketeers. These games are designed to be provably fair and use smart contracts to ensure transparency and security.

The platform also allows third-party game developers to create and publish their own games on the FunFair network, using its proprietary technology and tools. This provides a new revenue stream for developers and expands the range of games available to FunFair players.

FunFair uses a unique off-chain scaling solution called Fate Channels to enable fast and scalable gameplay without congesting the Ethereum blockchain. This ensures low transaction fees and minimal latency for players.

The FunFair team is led by founder Jez San OBE, a veteran entrepreneur and video game developer who previously founded Argonaut Games and helped develop pioneering video game console, SNES.

In addition to its gaming platform, FunFair has partnered with several other blockchain projects and companies to build out its ecosystem. Partners include wallet provider MetaMask and prediction market platform Gnosis.

FunFair has also launched a charity initiative called "FunFair for Good," which donates a portion of the platform's revenue to charitable causes chosen by the community. Charities supported include Save the Children and the Electronic Frontier Foundation.

FunFair has received several industry awards for its innovation and impact on the gaming industry, including "Best ICO 2017" at the Malta Blockchain Summit and "Most Disruptive Business" at EGR Operator Awards 2018.

What is the Best Place to Exchange FUN?

Via Exchang.io service you can effortlessly swap FunFair for over 700+ different assets. Begin by selecting FUN and your desired coin, paying attention to the network when making your choice. Next, provide the recipient's wallet address for the coin you're swapping to, and press 'Exchange' to continue. Deposit the required amount of FUN to the address displayed on the screen, ensuring you have the necessary amount to finalize the transaction. Once completed, check your wallet to confirm the arrival of your newly acquired coin. Exchang.io makes exchanging FunFair simple and convenient, allowing you to enjoy a seamless experience with an extensive selection of coins to choose from.

Do I need to create an account on Exchang.io to swap FunFair?

No, you don't have to register or provide any personal information to use the Exchang.io platform for swapping FunFair. It's a registration-free service that doesn't require any ID verification. Simply follow the steps given on the website and buy FunFair using your crypto.

How long does it take to exchange FunFair on Exchang.io?

The fun exchange process on Exchang.io is fast and typically takes only a few minutes to complete. However, the actual time may vary slightly depending on network traffic and transaction confirmation times.

What is the minimum amount needed to swap fun on Exchang.io?

There is a minimum amount required to exchange fun on the Exchang.io platform. However, this minimum amount might change, so it's recommended to check the platform for the latest requirements.

Is Exchang.io legit? Why should I trust Exchang.io?

Yes, Exchang.io is a legitimate platform for exchanging cryptocurrencies. The team behind Exchang.io consists of experienced crypto enthusiasts who are committed to providing a fast and transparent service for users. They always keep a close eye on community feedback to improve their service and strive to make it as convenient as possible. You can check reviews on Exchang.io to see what others think about the service.

What are some popular FUN trading pairs?

Some popular FunFair (FUN) trading pairs on Exchang.io include FUN/BTC, FUN/ETH, FUN/LTC, and FUN/USDT, among others.

Are cross-chain exchanges available for FunFair?

Yes, Exchang.io supports cross-chain exchanges for FunFair. You can choose any coin on any network, click the 'Exchange' button, and Exchang.io will handle the rest.