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/biz/ - Business & Finance

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File: 371 KB, 1024x716, FunFairimage.jpg [View same] [iqdb] [saucenao] [google]
5799984 No.5799984 [Reply] [Original]

price:
>one day
>one week
>one month
serious

>> No.5800057

tell me what that coin actually does in plain english then ill give you a price

>> No.5800100

>>5800057
Currency for gambling platform that launches in 38 days

>> No.5800114

>>5800100
yeah but what problem does it solve

>> No.5800219

>>5800114
Joe's serious gambling addiction

>> No.5800291

>>5799984
Day: $0.09
Week: $0.12
Month: $0.29

The real movement will happen in 2-3 months from now where it will hit $0.50 - $0.70.

>> No.5800326

>>5800114
It makes gambling online completely fair

>> No.5800327

>>5800114
scam cazinos, eazy cash outs, but i dont see it

>> No.5800361

>>5800114
Prevents users from creating loss for the house with charge fraud.

>> No.5800665

>>5800326
that's the most serious one

>> No.5800727

>>5799984
PLEASE
0x570505e0ebdfa4cf97cf4345ded1453c303d7bf4

>> No.5800731

>>5800114
Quick summary: FunFair is a software developer making gambling games. The games run inside smart contracts, which use FUN tokens, to make gambling provably-fair on the Ethereum blockchain, along with state channels which allow the use of said smart contracts off-chain for scalability and reduced cost for a gambler to play. FunFair is licensing their games out to casino operators to utilize for free.

The problem FunFair solves is the issue of trust that plagues online gambling. Also, hosting a FunFair casino has much lower overhead costs than a typical online casino due to the decentralized nature of the Ethereum network.

>> No.5800804

Dem 100 btc sell walls though

This isnt going anywhere until whales decide it goes

No whale crazy enough to hold sell whale just b4 ICE in 35 days

>> No.5800866

>>5800731
Are you sure this thing is not gonna kill the eth network like cryptokitties did?

>> No.5800979

>>5800727
MODS

>> No.5801044 [DELETED] 

>>5800866
There's always a possibility given enough people flood the network with transactions, but since FunFair's games utilize provably-fair off-chain state channels, only two on-chain transactions are requires for a gaming session: one transaction at the start of a session, and one at the end of a session. After you start a session of gambling, you play as much as you want and it will not bog down the Ethereum network.

Here is an article describing FunFair's approach to turing-complete state channels if you are curious: https://funfair.io/approach-turing-complete-state-channels-part-1/

>> No.5801121

>>5800291
This. Been all in for a while now. Very comfy.

>> No.5801141

>>5800291
Good. I get paid from my wagecuck job tomorrow so I can buy more.

>> No.5801193
File: 148 KB, 739x491, fun_state_channels.png [View same] [iqdb] [saucenao] [google]
5801193

>>5800866
There's always a possibility given enough people flood the network with transactions, but since FunFair's games utilize provably-fair off-chain state channels, only two on-chain transactions are required for a gaming session: one transaction at the start of a session, and one at the end of a session. After you start a session of gambling, you play as much as you want and it will not bog down the Ethereum network.

Here is an article describing FunFair's approach to turing-complete state channels (which they dub "fate channels") if you are curious, hopefully part 2 will be released soon: https://funfair.io/approach-turing-complete-state-channels-part-1/

Currently their state-channel tech is being put to use on ethereum testnets.

>> No.5801426
File: 562 KB, 2000x1334, RCARUBA_00081_conversion.jpg [View same] [iqdb] [saucenao] [google]
5801426

Don't forget to make an all-in Blackjack bet as soon as the casino launches. You want to make it, right anon?

>> No.5801510

>>5800114
Ethereum scalability. Their off-chain turing complete state channels mean we won't be dealing with bullshit congestion like with CryptoKitties.

>> No.5801603

>>5801193
Dope as fuck technology. But I don't see major online casinos adopting this. Why should they? Average joe who wants to play blackjack doesn't care about formal verification.

>> No.5801661

>>5801603
average joe is gonna love having his earning instantly and the ability to trade those earning out instantly too

>> No.5801927

>>5801426
if i bet in that blackjack i would go with an 10% and hopefully keep playing til i make my whole capital in worth

>> No.5801960

>>5801603
yeah fuckin right, im only gonna play at cryptocasinos that use funfair technology otherwise shit is probably rigged and shady af