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/biz/ - Business & Finance


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File: 197 KB, 858x360, funfairMike.png [View same] [iqdb] [saucenao] [google]
4186302 No.4186302 [Reply] [Original]

Yeaaah I'm doubling my position on Funfair token guys. It's almost at an all time long compared to Ethereum.

Mike Novogratz mentioned Funfair in his 'The herd is coming' talk a couple of days ago. He said he had an AHA moment with Funfair and is probably invested into it.

I really don't have to tell you guys this is a great buy right now. You can do shit you want but I'm putting my balls deep into this.

https://www.youtube.com/watch?v=chRFimo06aM

This is the video btw.


They are also big sponsors at Devcon3 and are having a beta release in Q4.

Going long boys, see you at the moon.

>> No.4186346

Yeah I also saw that. With upcoming release this thing might explode. I had that AHA moment back during summer. This could be a great gain. Short and long term even

>> No.4186384

How far into the video until he talks about FUN? Will watch it all later but can't right now.

>> No.4186406

>>4186302
why does he dress like a middle schooler

>> No.4186410

>>4186384
4:52,

https://www.youtube.com/watch?v=chRFimo06aM&feature=youtu.be&t=292

Around 4:45

>> No.4186421
File: 46 KB, 480x480, 1509542655024.jpg [View same] [iqdb] [saucenao] [google]
4186421

IM PRETTY DEEP IN FUN

>> No.4186453

>>4186421
I joined couple of weeks ago and now buying up again. This is almost an all time low and freaking Mike Novogratz is in this game... SHIIIITTTTTT NIGGA

>> No.4186469

>>4186453
Yeah him joining kinda quelled the hurting in that im down like 20% from the fork

>> No.4186478

>>4186469
He's a macro trader, this is mostly a long trade but I'm seeing a big pump coming up TA-wise and development wise as well. They are making great progress.

>> No.4186514

>>4186410
Cheers.

>>4186469
Still holding from the ICO and some more, about 40% of my folio in it. More showcase updates will be coming, the alpha releases in December which will really drive interest in Funfair's fate channels and all that to casino operators. Then we can start expecting partnership announcements (and given how large and disruptive the team want to be within the industry, competing with the likes of Playtech and those responsible for b365 , Will Hill, etc.), these partnerships will probably be huge. On top of that there's that report: https://cypher.capital/wp-content/uploads/2017/10/FUN_Valuation_by_Cypher_Capital_October2017.pdf

>"Potential end year-four token values range from $0.40 to $1.15, representing ~ 17 to 51x multiples of price as of writing"
And this was written when it was 400~600 sats, so expect even bigger increases as this and Bitcoin/Ethereum keep growing.

>> No.4186536

>>4186514
Shiit that document is wild. I have to check that out. Might even buy more if it's solid.

>> No.4186545

>>4186421
Doesn't look very fun. Just sayin.

>> No.4186620

So Fun Fair, designs the casino games, and leases out the tech to online gambling websites?

And they will pay dividends?

>> No.4186672

Why would casinos use funfair instead of developing own system

>> No.4186900

>>4186672
>Why would casinos use funfair instead of developing own system

Easier to use developed tech than spend the money on R&D?

>> No.4186931
File: 23 KB, 419x274, 1502600816825.png [View same] [iqdb] [saucenao] [google]
4186931

>>4186672
Because it's more expensive and they'd already be behind, and wouldn't have access to Funfair's fate channels which are closed source to prevent anyone else from copying them (DAO Casino tried taking inspiration already with their "game channels" that were announced a few months after Funfair's). A single piss tiny transaction before the playing session is way more efficient than what other blockchain-based games and casinos are doing now, waiting for confirmations and paying fees every time a dice is rolled or a spin is made.

And pic related, they haven't talked about it much because it's still being worked on but this 'Funfigurator' would make the idea of casinos starting from scratch redundant.

>> No.4187071

I bought some at rock bottom prices after hearing this speech a few days ago. Always thought funfair was a joke piece of shit. Looked into it and it's the real deal. They raised $25 million and hired a bunch of lawyers for compliance unlike their competition. Their games run fast on sidechains, because the blockchain is only used to start and end the game. Casinos don't make games only do marketing, so funfair will license this tech to them. Their showcase will be at devcon.

>> No.4188035
File: 667 KB, 1400x1600, StarFox.jpg [View same] [iqdb] [saucenao] [google]
4188035