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/biz/ - Business & Finance

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File: 68 KB, 877x613, funfair.jpg [View same] [iqdb] [saucenao] [google]
8981636 No.8981636 [Reply] [Original]

FunFair is a casino platform developer which aims to license white label casino games to individual operators (casinos).

Their CEO is Jez San, a guy who successfully founded pkr.com and made a killing back in the day, and they have been poaching employees from other actual online gaming companies—and not small companies, either. They actually pulled David Greyling from William Hill, which is huge.

https://funfair.io/funfair-names-david-greyling-chief-operating-officer/
https://uk.linkedin.com/in/davidgreyling

Today they announced a partnership with a game developer and had Alice Cooper shilling their new slot machine game, which actually looks pretty fun and I think has a lot of appeal to the type of people who would actually gamble large amounts at a blockchain casino.

https://funfair.io/funfair-technologies-partners-with-spike-games-in-industry-first/

Their tech is legit and the company itself is legit. It's honestly one of the most serious projects in this space as far as I can tell. You can actually play right now on the testnet using metamask—it's pretty amazing compared to the alternatives (Etheroll, Edgeless): https://showcase.funfair.io/

Are there any other /biz/tards watching this? I don't think it's going to make millionaires out of us or anything, but it seems like an awesome project. I'm honestly really excited for it in the future and have a modest stake in it (although as I said, I don't expect it to explode in price overnight).

I think it could be huge once it hits the mainnet some time in June.

>> No.8981657
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8981657

>funchad thread
o yes

>> No.8981760
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8981760

>> No.8981767
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8981767

>> No.8981787

Kek
Me literally retarded but had sense to buy FUN @ 400

>> No.8981790
File: 225 KB, 1705x892, funfair pump.png [View same] [iqdb] [saucenao] [google]
8981790

>>8981787
fuck off retard

>> No.8981982

>>8981636
>I don't think it's going to make millionaires out of us

why not?

>> No.8982118

>>8981982
I think it'll top out at 600 sats, which, to be fair, is still quite profitable

>> No.8982145

>>8982118
he doesn't mean this pump over the next 2 days. he meant over the next few years

>> No.8982176

>>8982145
what is your contention?

>> No.8982245

>>8982176
i'm saying that the price should at least 1000x in 3 years. so if you invested 1 thousand you would become a millionaire

>> No.8982249

>>8982245
>i'm saying that the price should at least 1000x in 3 years
lmao

>> No.8982263

>>8982245
>>8982249
>FunFair will replace Bitcoin

>> No.8982282

>>8982249
why, how much do you think it will increase in the next 3 years?

>>8982263
that would put it at less than double bitcoin's current market cap. who knows how big bitcoin's market cap will be in 3 years though

>> No.8982295
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8982295

>>8981760
Tasty.

>> No.8982310

>>8982282
>that would put it at less than double bitcoin's current market cap.
...which is pure delusion

>> No.8982333

https://www.bestbitcoincasino.com/funfair-spike-games-to-create-blockchain-games/

Kind of neat

>> No.8982412

so like part of the goal of this coin to eventually have online gambling that accepts FUN? that seems like an obvious idea.

>> No.8982435

>>8982412
>so like part of the goal of this coin to eventually have online gambling that accepts FUN? that seems like an obvious idea.
It's a white label casino platform. You can start your own casino, make your own logos, and put them on the FunFair games. FunFair isn't a casino, but they provide the tools to build a casino (including games and blockchain tech).

>> No.8982656

>>8982245
Let's get real.

It's an easy x25. Even x100 could happen. x1000 isn't going to happen.

Just do the math with the market cap.

>> No.8982698

>>8982656
COIN BURN

>> No.8982739

>>8981636
>still being so deluded that you think a coin that operates solely in a global industry of less than $50B total is going to make you insanely rich off a few thousand investment
Funfags are the worst of all shitcoiners. They completely ignore all common sense.

>> No.8982805

>>8982739
>still being so deluded that you think a coin that operates solely in a global industry of less than $50B total is going to make you insanely rich off a few thousand investment

>I don't think it's going to make millionaires out of us or anything, but it seems like an awesome project.

>> No.8982815

>>8982698
no burn is happening

>>8982656
I see it as an easy 4x, but not those other numbers

>> No.8982844

>>8982739
Lmao
Deny the fact that it's one of the only coins with real use dellusional andy

>> No.8982868
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8982868

>>8982815
>no burn is happening
>The Burn mechanism we’re using for this has been in-built into the token contract since day one, and will demonstrate the effectiveness of burning tokens that can be accomplished on the live platform. To remain compliant with regulations where our intention is to burn tokens that have been used as fees (in a consumptive way like tickets for transit), we intend to take additional advice but should this prove problematic for compliance, we’ll work on alternative strategies prior to first use.

It will have a burn mechanism once it's live just like REQ.

>> No.8982898
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8982898

>>8982844
Real use means absolutely nothing when you're investing for profitability. It's a speculative market. Whats your big claim? It'll be stable because its in production? Wrong. It's still tied to BTC.

Even if 100% of the industry adopts it you won't see Fun over $2, and that hypothetical would be years from now.

>> No.8982919

>>8982868
Burn will classify it as a security so they’re not doing it. I lurk discord religiously and Jez has said this.

>> No.8982927
File: 831 KB, 3024x4032, FUNShirt.jpg [View same] [iqdb] [saucenao] [google]
8982927

Where can I get this shirt FunChads?

>> No.8982942

>>8982919
Selling on next major pump, fuck this shit.

>> No.8983017

>>8982898
Real use means token velocity and restricted supply in this case, which is what we will see in late June if everything goes according to plan

>> No.8983023

>>8982942
I can see us hitting 1200 sats again soon desu

>> No.8983166

>>8982739
Honest question. What does that $50b consist of? Does it include all payouts? Does it include money casinos keep on hand? Or does it only include casino revenue?

>> No.8983168

>>8982942
>>8983023
My target is actually 2000 sats if bitcoin continues to move sideways at around 8k USD, that would put us at 17 cents in late May which I think is very possible

>> No.8983190

>>8983166
What he fails to understand is that the velocity of money is what matters at a casino, not market cap. Many times the market cap will run through the contracts (casinos) without actually inflating the visible market cap, and if there’s a mechanism to deflate the supply of FUN, that’ll be huge. Plus for things like bankrolls you need absolutely retard-tier amounts, which should help, too.

>> No.8983312

I just realized that this board has a large Indian population

Hola, amigos

>> No.8983401

>>8982927
/r/ing a link as well

>> No.8983610

I'm so ready to take flight.

>> No.8983808

>>8983610
Nice. Epic. I like it.

>> No.8984170

Hoping we can break and sustain this 542 sat resistance. Prepare your bodies, lads.