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/biz/ - Business & Finance


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File: 23 KB, 200x200, funfair[1].png [View same] [iqdb] [saucenao] [google]
6133950 No.6133950 [Reply] [Original]

Is this coin legit? I feel like this is a memecoin like Doge...

>> No.6134104

scam coin, deliberately mislead its community by failing to secure a proper gambling license

>> No.6134360
File: 47 KB, 646x304, license.png [View same] [iqdb] [saucenao] [google]
6134360

>>6134104
What the fuck are you talking about? FunFair hasn't even submitted their application yet.

I'll give you another chance, name one thing that makes FUN a scam, I'd like to know.

>> No.6134407
File: 60 KB, 500x375, 1447357209490.jpg [View same] [iqdb] [saucenao] [google]
6134407

>>6134104

*Mic drop*

>> No.6134431

>>6133950
Yea its legit

Overvalued? What in crypto isnt

>> No.6134468
File: 211 KB, 694x642, 1457726015873.png [View same] [iqdb] [saucenao] [google]
6134468

>>6133950

>> No.6134563

>>6134104
the gambling *SOFTWARE* license isnt coming until february you retard

>> No.6134589

>>6133950
FUN isn't a memecoin, even though people make FUN memes.

FunFair is headed by Jez San, who revolutionized video games and online gambling (google him). They have a proven team comprising of people like David Greyling, who was a director from UK gambing giant William Hill, and Stefan Kovach, who headed marketing positions for PokerStars and bwin.party.

FunFair has developed their own state channel technology that allow fast, instant bets that are provably fair and players avoid paying fees for every bet that they make. Other blockchain gambling coins are slow and make you pay fees for every wager. State channels also help with scaling, since only 2 on-chain transactions occur per gaming session (one at the start, and one at the end). These turing-complete state channels are literally the first of their kind on Ethereum. They have a showcase of games that anyone can play right now, some of which are currently running on Ethereum testnets (and the games actually look good, unlike the shit UI's used in other blockchain casinos).

FunFair's goal is to license their games out for anyone to customize and host their own casino for free. Casinos will need to buy FUN tokens to pay out wins and jackpots and players will need to buy FUN in order to play. The games look nice and play just as well as a regular online casino, but with the benefits of being provably fair and cheaper to host than a centralized casino.

>> No.6134692

I scarified 1 ETH to buy FUN. I wouldn't do that if its legit coin. You think i'd throw away a ETH coin for this if it wasn't going to moon in 2 to 3 months.

>> No.6134983
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6134983

>>6134589
funfair doubters BTFO

>> No.6134998

>>6133950
I should mention that the reason people are getting excited about FUN now is because public release is approaching (by the end of Q1), then Q2 will be on-boarding casino operators.

>> No.6135208

>>6133950
its amazing, it will print casino money legally and is a protocol so it will print money legally and then distrubute it to casinos who in turn pay FUN money by the buttton, pringing money again

>> No.6135241

FUN is legit, just do some research behind the team/company/technology

>> No.6135291

>>6135208
Please leave, pajeet.

>> No.6135293

>>6134104
where are these fudders coming from actually out of nowhere but all with the same false claim. bots or just badly paid fudders.

>> No.6135549
File: 61 KB, 859x545, fun_overview.png [View same] [iqdb] [saucenao] [google]
6135549

>>6133950
Here's a high level overview for 2018 that FunFair posted in their latest update in case you are curious

>> No.6135557

>>6133950
Just jumped to 20 cent awhat the fuxm

>> No.6135699

I'm invested in Chainlink which I think have a lot of potential, is it the same as this one?

>> No.6135826

>>6133950
whats wrong with a little hodl of a memecoin? I prefer DOGE, constant gains.

>> No.6135937

>>6134360
>16 weeks
An entire 4 months? why the hell does it take so long?

>> No.6135952

It's a legit memecoin
>2018
>implying the two are mutually exclusive

>> No.6136025
File: 39 KB, 407x529, whitepapers.jpg [View same] [iqdb] [saucenao] [google]
6136025

>>6133950
>memecoin

Only true here. Check their pinned message on telegram.

>Boring old post/meme? Restricted
>Off topic ? Restricted
>Lambos? Restricted
>Shitty gif/sticker (when moon?, stupid frog) Restricted
>Original and amusing or related, perfectly fine.

Team and business model = top-notch

>> No.6136242
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6136242

>>6133950
Hodler since ICO thanks to Clif High crypto report.

This coin going places.

>> No.6136580
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6136580

I'm afraid to shill FUN too hard because I'm still trying to buy more at the moment. It's amazing how ignorant people are about the potential of this token.

What I will say is, the entire FUNFAIR gaming system is designed to drive up the price of the tokens as more people play. That is the ONLY way anyone profits off the games. There is no "house edge" - it's all about making the coin more valuable. FUN is designed to be a crypto economy unto itself.

>> No.6137596

>>6136025
They don't sound fun.

>> No.6137715 [DELETED] 

Pump n dump group here. Pumped STU to 300% profit earlier. Next pnd in around 41 hours. Join here to get in on it

discord(dot)gg(slash)pXz4XuU

>> No.6137772

How will the token burning work? How much can we expect the supply to be reduced by end of the year?

>> No.6137815

>>6137715

kill your'are self

>> No.6137842

>>6137772
Where you see anything about tokenburning?
Sauce? Or is it in this thread I'm a tard?

>> No.6137847

>>6133950
Memecoin my ass. Fun fair is the shit!!!

>> No.6137855
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6137855

>>6137715
Get out of our thread, Funchads only

>> No.6137952

>>6137772
Nothing is burning until this coin is running in online casinos so who really knows anon.

>> No.6137970
File: 277 KB, 1440x2560, Screenshot_20180109-044036.png [View same] [iqdb] [saucenao] [google]
6137970

>>6133950
I mean... do i have to say anything
>picrelated

>> No.6137998
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6137998

>>6137952
Thanks, I was wondering about this.

>> No.6138060
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6138060

It's gunna break 25 cents tonight. Can't wait.

>> No.6138181
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6138181

>>6137952
Did they do a burning in Nov or Dec?

>> No.6138190
File: 28 KB, 1218x324, fun.png [View same] [iqdb] [saucenao] [google]
6138190

>>6133950

> is this coin legit

>> No.6138210

>>6138060
Sauce?

>> No.6138258

>>6138181
possibly for early investors, whatever was unsold they burned it but everything else is waiting to be specifically used at casinos.

>> No.6138316
File: 103 KB, 1280x720, 1513981574123.jpg [View same] [iqdb] [saucenao] [google]
6138316

>>6138190
literally the FUNChad meme

>> No.6138376 [DELETED] 

>>6133950
Questions like this are better to be asked in the discord group.
https://discord gg/Z8P8VJp

>> No.6138431
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6138431

>>6138376
Fuck off pajeet

>> No.6138551
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6138551

>>6138431
That's the offical Funfair discord channel where the developers regularly answer questions, in case you didn't know you were being retarded

>> No.6138619

i'd check out UKG honestly. It's going to hit asia hard

>> No.6138627

>>6138551
Im sorry forgive me

>> No.6138796

>>6138627
No forgive me actually, turns out I'm retarded. That's not the official discord.

>> No.6138947

>>6138619
Isn't that the one that Mark Cuban got into?

>> No.6139160

>>6138796
no good sirs I'm the one who was retarded

>> No.6139170

>>6138947

Yes it's Cubans e-sports gambling coin. Asians, gambling, and e-sports all go hand in hand. Unless Cuban is pumping it to dump shit later...

>> No.6139252

>>6139170
I'm sure he'll leave his investment at some point but I don't think he wants fec coming after him.

He's also got quite a few other tech investments and start ups.

I might have to diversify...

>> No.6140116

is it just me, or does it look like the coin might explode back up the same trajectory as earlier at any given moment in the very near future?

>> No.6140280

>>6138947 No, he invested in Unikrn, not FUN

>> No.6140364

>>6138947 Unikoin Gold (UKG) is what it is called now

>> No.6140734

in about an hour, we are going to clear all resistance lines. it's either up or down from there. let's hope the current bottom is a true support and we moon. i hope you all are ready. only 3500, but i'm ready for launch.

>> No.6140834

here are some updates for FUNchads

>Recently we sold some FUN tokens to an institutional investor utilising 250M of the annual 1BN allotment. This was an exception, as we do not intend to reduce our FUN holdings for the foreseeable future, unless a strategic target suddenly presents itself.
>of which there are an additional 20 positions, our headcount is set to rise to approximately 50 team members by the end of Q1 2018.
>We are also fortunate to have Stefan Kovach join us, in a consultancy capacity, to help with the development of our business strategy, plus brand and marketing activities. Stef is an industry executive with a wealth of experience, having headed up the marketing functions of both PokerStars and bwin.party – two of the biggest brands in online gambling.
>Our primary goal for the start of 2018 is the public release of the first FunFair blockchain casino. This will entail a new lobby, updates to our proprietary Fate Channels, new gaming content and a brand new design interface. We are already engaging with operators and affiliates, who have demonstrated significant interest in our technology, and will be working towards on-boarding a partner for a Q2 release.

>> No.6140837

so buy into this shit or not?

>> No.6140946

>>6140837
Nah it dips a lot and there probably isn't any news coming for a while. Definitely hold through February and march though.

>> No.6141103

>>6140946
so what to buy?

>> No.6141118

Fun might be good for some short term gains but the reason it fundamentally wont work is because the people who gamble the most (working class low income), wont use a crypto currency over a fiat because its easier and this is unnecessarily complicated. 100% shitcoin. Will end up a minor forgotten online casino.

>> No.6141155

>>6141118
you don't use crypto to gamble on this platform
the tokens are only used to operate the platform itself

>> No.6141205

Don't Asians like to gamble? Aren't they into crypto and shit?

>> No.6141320

>>6141205
asians are the biggest gambles, macao makes more profits than las vegas

>> No.6141323

>>6141118

There are going to be fiat-FUN exchanges available at online casinos, so gamblers will just have to put in real money in order to get FUN tokens. When they cash out for the day, the FUN tokens are replaced with fiat. That's the whole point. They're just like casino chips, but in crypto.

Gotta research before you open your mouth.

>> No.6141335

>>6141118
youre a retard! its actually simpler because with most casinos currently, you have to create an account, provide verification, transfer funds, etc.

with funfair, you dont have to do ANY of that. you cant go to whatever casinos host the platform and just use your fun tokens, blam. done. you didnt think of that did you, you ignorant bastard?

>> No.6141353

>>6141118
you're so fucking retarded

there's scarcely a single online casino that doesn't have "gamblebucks" or "coinz" or some other currency than fiat to disguise the fact that they're gambling in fiat.

fuck you are stupid

>> No.6141398

>>6141118
They don't have to do anything completed. They give the casino fiat and get paid with fiat.
They're basically just virtually casino chips. Casinos basically already do this.

>> No.6141404

>>6141335
Wow

Is that worth 1 Billion dollars?

NO

Go play their slotmachine it makes you want to kys

>> No.6141407

>tfw couldn't buy during the dip because coinbase takes forever as usual

FUCK

>> No.6141409

gambling retards don't care about ethereum smart contracts, retards. have FUN with your shitcoin

>> No.6141434

>>6141407
get in soon. there's time for more fun.

>> No.6141473

>>6141404
well "dentist coin" or whatever isnt wirth 14 billion dollars either now is it? but oh well

>> No.6141527

All inned at 1.26k after losing almost everything in TRX a few days ago.Am I boned?

>> No.6141589

The world has no shortage of degenerate gamblers, sooooooooooo much money flows through online casinos.

>> No.6141667

>>6141527
i lost 30% on that idiot's "conference" as well after making all my losses back after the fucking humaniq debacle on christmas morning with mcafee's coin (fucking in the ass) of the day. this coin has gotten me all the way back to even and i'm ready for solid gains going forward. this, xlm, and a small stake in linda coin that has x3 for me is all i need right now to be comfy af.

>> No.6141686

Is this done correcting yet or should I still wait for a dip?

>> No.6141702

>>6141667
So glad to hear. I went from 700 bux to only 300 and I just have been unable to fix my losses yet

>> No.6141714

Will we have even more fun having these threads at 5000 sat.

>> No.6141748

>>6135937
Government. their gears grind slow

>> No.6141806
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6141806

>> No.6141854

>>6134589
>After taking a hiatus from the computer games industry in 2004, San founded Crunchy Frog Ltd, which in 2005 became online poker company PKR[7]. San served as President, having hired his replacement with CEO Malcolm Graham[7], formerly of the Ritz Casino and AntFactory. PKR was a 3D online poker site that operated in legal territories in Europe, Asia, and Canada but does not operate in the USA, where online gambling is a grey area. In May 2017, PKR went into administration. San was only an investor at the time of its collapse and expressed sorrow at seeing his creation fold[8].

Also made some no name games in 80s and 00s
Not the best record anon

>> No.6141922

>>6141702
i think there's a good chance fun goes up in the next 45 minutes after it finishes a triangle, but....it could go the other way too. the tricky part about meme lines for me is that i have trouble figuring out what will happen after a sequence finishes. so i usually just hold. i get in trouble with my holdings when i transfer on a whim when i hear something being shilled.

>> No.6142042

Funfair is a way for casinos to tap into the 800billion market of exposable income that is crypto.

>> No.6142107
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6142107

Mark Cuban's first ICO

recently mooned and retraced

>> No.6142108
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6142108

>>6141407
why the fuck does a wire take more than a day? Fuck I hate exchanges

>> No.6142137

>>6141854
he created starfox!

>> No.6142575
File: 283 KB, 450x650, FUNchan02.png [View same] [iqdb] [saucenao] [google]
6142575

In at 300 sats
Having a whole lot of FUN!
We're gonna make it.

>> No.6142745
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6142745

Are we going on a moonrocket or are we sideways trading for the rest of the night?

>> No.6142823

>>6140834
>Our primary goal for the start of 2018 is the public release of the first FunFair blockchain casino

this is gonna be awesome

>> No.6142856

>>6142745
it's either just about to happen, or it's going to be this way for up to 3 more hours...

>> No.6142869

>>6142108
I feel like coinbase takes the extra time to use our money for other purposes. They already have a rather large delay between the actual prices of the coins that they get a nice chunk on.

Just one more way they're getting money.

>> No.6142931
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6142931

>>6142745
When anons get bored and start selling, it will moon.

>> No.6142983

>>6142745
fun recovered from a big dip yesterday and the floor hasn't been breached.

>> No.6143002

>>6142856
Why would it happen? This shit has been doing nothing all week

>> No.6143045

>>6143002
>>6143002
>>6143002
HAHAHAHAHAHAHA

>> No.6143099

>>6133950
Doge is a good meme coin tho. Fun is a coin with potential.

>> No.6143312
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6143312

>>6138947
>>6139170
>>6139252
>>6140280

Unikoin Gold...

>Circulating Supply: 134,256,304 UKG
>Total Supply: 1,000,000,000 UKG
Geewiz, I wonder if Mark Cuban, Ashton Kutcher & Company can manipulate the price when they only hold 87% of the fucking tokens.

>> No.6143334
File: 181 KB, 937x1170, 19379800_1563236657019750_6838713397052178432_n.jpg [View same] [iqdb] [saucenao] [google]
6143334

>working product out of hundreds of whitepapers
>https://showcase.funfair.io/
>just a meme
fuck you retards

>> No.6143585

30 btc wall at 1250 on bittrex and then we should be sky high...hopefully the volume kicks up and it gets eaten.

>> No.6143908
File: 148 KB, 711x570, original.jpg [View same] [iqdb] [saucenao] [google]
6143908

>>6143585
Volume is very high today, so let's hope for the best!

>> No.6143961

>>6143908
we're so close.

>> No.6144046
File: 111 KB, 682x1024, 1452389403025.jpg [View same] [iqdb] [saucenao] [google]
6144046

>>6143961
That's how it always feels with this coin. What a cock tease, this one.

>> No.6144172

Curious, FUNchads...
Are you going to sell off all or a percent of your FUN during the expected peak at the ICE event? Are you gonna hold through?

>> No.6144228

>>6144172
No sell till $10, then sell 10%

>> No.6144249
File: 1.06 MB, 1047x741, Spongebob Fun.png [View same] [iqdb] [saucenao] [google]
6144249

>>6144172
You can't be a FUNchad unless you hold.

>> No.6144316

>>6144172
I'm holding at least until $1 or $2. Will only sell off early if the team abandons the project or crypto gets outlawed or some shit like that.

>> No.6144387

>>6144172
at some point, i'd like to be 50/50 with this and xlm, but only after there are enough gains to go into both. currently accumulating wealth though.

>> No.6144425

>>6144316
Yeah I'd sell it too if crypto got outlawed and go all in on Monero

>> No.6144436
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6144436

>>6144249
Hold and meme*

>> No.6144454
File: 359 KB, 794x465, dentedlambo.png [View same] [iqdb] [saucenao] [google]
6144454

>missing the DENT and DBC train.

>> No.6144476

why don't you just buy UFR?

>> No.6144555

>>6144172
You can use FUN coins to gamble on gamble sites. So there's not point in selling them.

>> No.6144724

>>6144172
Maybe This coin didn't even hit a new ATH after being added to a big exchange. I feel like it's just going to be going sideways and dipping alot afterwards

>> No.6144849

The main reason i like this coin is because it's not just smoke and mirrors like 90% of coins out there. "hey we're gonna be the next eth!" "hey we're gonna be the next ripple!". Nope they're actually trying to carve their own path in the blockchain era, which is risky because on the other hand jumping on the bandwagon is guaranteed gains, but remember that amazon google and apple became huge because they did their own thing not because they followed what other people where down.

>> No.6144915

>>6144849
this. it's nice to see some creativity with what can be done with the technology. the only thing i'm having any concern with is overall potential of the coin itself. i see the company making large gains from gambling, but i would suspect the coin is something you would want to keep stable. i don't think the profits of the gambling assets would figure into the coin's worth...am i wrong in thinking that?

>> No.6144926
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6144926

>>6137842
Test Tokens will be sacrificed my G

>> No.6144969

we should be pumping soon i hope.

>> No.6144970

Broke the 1250 wall, might see 20 cents briefly tonight.

>> No.6145048

>>6144970
the 1250 wall on bittrex is getting little action right now.

>> No.6145082

Some nice big buys happening on binance

>> No.6145109

>>6144970
It hit .20 an hour ago. then went back down.

>> No.6145145

>>6145109
Yeah, I meant again. I think it actually hit 21 for a second but I may be misremembering.

>> No.6145199
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6145199

>> No.6145326
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6145326

>>6141404
online gambling is a 48 Billion dollar market today - TODAY - you dumbass - if the way more efficient FUN token captures just 10% of todays market (not counting the growth that will naturally occur over time) the coin will be worth 5x from todays current selling price!!! And that's before FUN starts burning tokens, increasing the worth of each token!!!!! FUCK

>> No.6145374

>>6143045
oh its retarded

>> No.6145561

>>6144915
I believe each game will have a set price which relates to the price of the token at the time it starts. That value is locked in for the game and doesn't flactuate during the game.

>> No.6145674

>>6145561
read that quickly as flatuate.

>> No.6145777
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6145777

>>6141854
>no name games
Developing the Super FX chip for the SNES, programming Star Fox, creating PKR, and founding Ninja Theory were highly influencial. If you read what you copy and pasted, you'd see that Jez San had nothing to do with PKR's collapse, he left as an employee in 2006.

>> No.6145862
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6145862

BEAN

>> No.6146045

wall down!

>> No.6146110

The sell walls have been bought, expect upward movement

>> No.6146269

>>6145777
>Founding ninja theory
That company that killed DMC? just sold 100k

>> No.6146534
File: 25 KB, 368x543, dmc.png [View same] [iqdb] [saucenao] [google]
6146534

>>6146269
>killed DMC
They only developed these two and they were highly successful.

>> No.6146535

35 btc wall just thrown up on bittrex. wtf. stayed up for nothing.

>> No.6146553

>>6146535
binance has a huge 1300 wall

>> No.6146568

>>6146553
dude that wall on bittrex was put up and then a huge buy happened and then the wall was removed.

>> No.6146580

>>6146534
yep the one where they turned Dante into edgy fuck you man. Sold 100k more

>> No.6146607

>>6146553
Wall will get moved as it has been doing all day

>> No.6146656

>>6133950
I hope FUN comes to Kucoin

>> No.6146657

Its 2018 jez san is stuck on 1990s and this is his retirment scam

Sell

>> No.6146687

>>6146657
You have anything to say that points to FUN being a scam?

I mean- nice just sold 100k

>> No.6146711

>>6134589
>Buy FUN
>make your real money gambling in online casinos