Category Archives: Online Casinos
Empower yourself. Learn and discover. Have fun. Empower yourself by learning more about FunFair.io – an online games technology and development company. Discover how this company is revolutionizing the online gaming industry. Get involved in the upcoming FunFair ICO (or token creation event). Have FUN!
What is FunFair.io creating?
Bankless. Competitive. Cheaper. Cost-effective. Easy. Decentralized. Disruptive. Fast. Fair. Flexible. Friendly. Fun. Global. Innovative. Quality. Safe. Savings. Seamless. Trustless. All words that describe the online gaming platform and games that are being developed by FunFair.io. This browser-based casino platform, the fastest of its kind on the Ethereum network, will enable next generation smart blockchain gaming on a global scale.
Ethereum Smart Contracts and DApps – No Private Servers
The decentralized FunFair gaming platform makes it possible to create server-less, real-time casino games. This is a result of the innovative utilization of Ethereum smart contracts and DApps (decentralized applications).
Games run entirely within smart contracts. This makes bankless and trustless transactions possible. In addition, the smart contracts and DApps share responsibility on a level that makes seamless online gaming possible. They are asynchronous. They do not operate at fixed time intervals.
The aim is to deliver a fast, flexible and fun gaming experience where it is not required of the player to be concerned with details.
HMTL5 and WebGL Standards – No Flash Required
Games on the FunFair platform can run on any HTML5 enabled browser that is WebGL (Web Graphics Library) compatible. Unlike with most other games, no Flash is required to render 2D and 3D graphics. This makes it possible to play real-time casino games of the highest quality on the widest set of devices, including mobile devices.
It is not difficult to imagine the economies of scale this will generate. Combine this with the low costs associated with a decentralized platform of this nature – no hosting fees, just gas fees. Bets placed via this Ethereum-based technology platform is ten times cheaper per bet than bets placed elsewhere.
This will enable the passing on of savings to players in the form of higher payouts.
Random Number Generators – Provably Fair
Private secret servers in black box code make it extremely difficult to prove the fairness of outputs. This leaves the door wide open to abuse.
FunFair addresses the problem with the use of innovative, in-house developed random number generators (“Fate Channels”) and smart contracts. This makes smart blockchain gaming provably fair – something that brings much needed fairness and transparency to the table. You get to play real-time casino games like never before!
There is no doubt that this brings another disruptive, game changing aspect to the table.
Fun Games – No More Boring “Pick a Number” Blockchain Games
FunFair.io intends to change the status quo when it comes to boring “pick a number” blockchain games that are plaguing the industry.
The platform they are developing will support multi-state games (e.g. Blackjack) as well as games where states exist between individual rounds (e.g. Craps). In addition, the 3D games they build in HTML5 boast high quality 3D graphics. It makes it fun to play casino games!
The best part is that they have already made substantial progress in developing proof of concept blockchain games such as the ones shown in the video below. These casino games are running on test blockchains and are not live yet. However, it is clear to see that progress is being made. Scroll down on this page to see a road map of what they have planned.
Take the games for a spin here!
Developer Friendly – Open Architecture
The open architecture of the FunFair platform makes it extremely developer friendly. It keeps game developers happy. The results are already showing in the progress made this far – the only platform up-to-date that offers “instant, cost-effective real-money gaming to players and developers” (Funfair.io Commercial White Paper).
Operator Friendly – Live in 2 Clicks
The platform is also extremely operator friendly. It will take 2 clicks to publish a full casino suite.
Furthermore, FunFair license holders – those who hold FUN tokens – will have the opportunity to host casinos under their own private labels. A marketplace will be available where they can select the games of their choice, including the ability to select standard or VIP rooms. They will also have the ability to choose their own in-house bonuses for players and more.
When is the FunFair ICO?
The FunFair ICO or token creation event will kick off on June 22, 2017 at 1400 GMT (or shortly afterwards). FUN tokens are the ‘fuel’ required to power all aspects of the FUN platform – it comes with perks and bragging rights!
IMPORTANT: Don’t confuse FUN with FUNCoin (FUNC).
You don’t want to miss out on this event, since it will be the ideal opportunity to acquire FUN tokens at ICO prices. You also get to support the development of a next generation online gaming platform by making a contribution during the FunFair ICO.
In addition, you will be able to use the FUN tokens to play games on the FUN platform, sell it at a potential profit or hold it in order to participate as an affiliate or licensee in the future (e.g. host your own private label casino).
Get more information pertaining to the FunFair ICO or token creation event here.
The FunFair Team – Proven Track Record – 40 Years+ Industry Experience
The founding members, including Jez San (Founder, CEO), have a proven track record of more than 40 years in the gaming industry. They know how to create high quality, fun, interactive, easy to play games that sell well. The core team consists of more than ten full-time developers. Learn more about the team here.
We’ve barely scratched the surface here. Do your own due diligence. Be the champion of your own destiny. Experience smart blockchain gaming like never before.
Crowdsale FAQs: http://www.funfair.io/crowdsale
Token Event FAQ: https://www.funfair.io/token-event/
Commerical Whitepaper: https://www.funfair.io/wp-content/uploads/2017/06/FunFair-Commercial-White-Paper.pdf
Technical Whitepaper: https://www.funfair.io/wp-content/uploads/2017/06/FunFair-Technical-White-Paper.pdf
Promo Reel: https://www.youtube.com/watch?v=Gb3RrTy40yI
Working Demo: https://showcase.funfair.io/
Tablets and smartphones have made online industries all the more convenient.
Despite only having been around for just under a decade, cryptocurrencies have become an increasingly prevalent market force in recent years. For a digital currency, it comes as no surprise that industries with large or exclusively online presences are some of the first to have accepted payment in cryptocurrency. Although there are more than 500 cryptocurrencies, according to this analysis by the University of Pennsylvania, Bitcoin is by far the most common with an estimated 80 per cent or more of market share at the time of writing.
One of the industries set to capitalise on this cryptocurrency is online gaming. As an industry with such an active online presence, iGaming, as it is often known, is at the forefront of user-oriented development. iGaming encompasses online casino and poker games as well as sports betting, all of are expected to change through the implementation of new technologies. According to the casino of the future infographic found on bgo’s website, virtual reality will profoundly change the way people play poker online, personalising and even humanising the experience through technology that allows one to approximate being in the same room. Many other companies such as Little Miss Bingo and Jackpot Finder are developing their own user-friendly interface through such methods as niche marketing and taking a shopbot approach, respectively.
One of the developments we’re beginning to see at the intersection between iGaming and cryptocurrencies is the acceptance of Bitcoin as a payment method. In all industries, but perhaps more often discussed in the gambling community, some of the most cherished elements of conducting business online are the immediacy of the transaction as well as the privacy and security cryptocurrencies provide.
Bitcoin can cater to these precise demands of online customers. For example, as a decentralized currency that operates independently of national fiat currencies, Bitcoin does not require a third-party guarantor in the way that banks act in most transactions. The peer-to-peer nature of cryptocurrencies provide a much greater level of anonymity. And by virtue of the currency going directly from payer to receiver, like cash, instead of having to be cleared by a third-party such as banks in traditional online or credit transactions, Bitcoin creates the possibility for unprecedented immediacy in online payment transactions.
Perhaps best known for his role as Mini-Me from the Austin Power’s film franchise, Verne Troyer has been the public face of bgo.com since 2014 in his persona as ‘The Boss’. The gimmick is that the customer tries to beat The Boss to win big. That is very much what cryptocurrencies and iGaming are attempting to do together. By combining their attributes as both being net native industries, they have tremendous potential to create a seamless user interface together. As was pointed on in a recent special report by The Economist, Uber has proved a near fatal force to cabbies as Amazon has to traditional retailers. With a recent anti-establishment mood sweeping the world and Bitcoin and iGaming working more closely together than ever before the potential for growth is not to be underestimated.
Even inherently bricks-and-mortal industries such as hospitality are beginning to accept Bitcoin, like this hotel in Ljubljana.
The World of Bitcoin Casinos
Bitcoin online casinos are able to allow almost anyone to experience the fun and exhilaration provided by this kind of entertainment. They are very similar to standard online casinos; the only real difference is in the currency accepted for the games, and the way that it is handled. For those interested in trying bitcoin casinos out, there are already a number of different sites available online, including Bit Starz, Bitcoin Games, Casino BetChan, BetChain Online Bitcoin Casino, LimoPlay and mBit casino.
How Bitcoin Casinos Got Started
Of course the origin of bitcoin casinos is closely linked to the launch of this cryptocurrency, and this digital payment system, released in 2009, was invented by Satoshi Nakamoto, an unknown computer programmer, or group of programmers.
The system can be defined as a peer-to-peer one, and transactions are undertaken between users, directly, with no intermediary required. These dealings are confirmed by network nodes, and then recorded in the blockchain, a publicly distributed ledger. Thanks to the fact that the bitcoin system works without a single administrator or central repository, it is the first decentralised digital currency in existence.
Users are able to mine bitcoins, and these can also be exchanged for other products, currencies and services, including playing real money casino games like the online blackjack Canada, and the rest of the world’s operators, are able to provide.
As of 2015, more than 100 000 vendors and merchants are accepting this cryptocurrency as payment. Research provided by Cambridge University in 2017 revealed that there are currently between 2.9 and 5.8 million unique users currently making use of a cryptocurrency wallet, and the vast majority of these are using bitcoin.
Challenges Cryptocurrency Gambling Sites Face
The biggest obstacle bitcoin casinos are facing is the uptake of this cryptocurrency itself. The barrier can be seen as educational; people are able to conduct transactions by means of MasterCard and Visa without necessarily understanding how the payment networks for these works, but transacting with bitcoins still requires a degree of technical knowledge that is currently lacking in most online gamblers.
In order to combat this, mainstream campaigns have been launched in order to educate potential players, but it remains an issue that the bitcoin community as whole will need to broach.
The Future of Bitcoin Casino Gambling
Over the past few years, the market of bitcoin casinos has grown significantly, and it is now closing the gap in terms of popularity to traditional online casinos. Numerous analysts worldwide, however, have stated that casinos dealing in cryptocurrency are likely where online gambling is headed in the future. This is totally understandable when one considers the rising popularity of this cryptocurrency, alongside the features being made available by these casinos. These include:
- Worldwide access, with no limitations imposed on currencies
- High standards for player safety, and fair game results thanks to the provably impartial protocols in place
- Incredibly quick in-game transactions, as well as lightning-fast deposit and withdrawal processes
- Total anonymity
Bitcoin casinos will definitely continue to evolve, and will introduce new games, as well as a wider variety of these, support for multiple digital currencies, more live-dealer games, bigger and better promotions, and subsequent higher payouts.
Virtual Reality and Online Casinos
Playing online casino games is a great way for all casino enthusiasts to enjoy their favourite games. Sometimes however, when playing online the ambience and real casino experience is often missing, and now, virtual reality (VR) casinos are attempting to recreate the land based casino atmosphere with all its sights and sounds.
Many players struggle with moving from traditional casino gaming to online gaming, as online gaming does not give them the full casino experience and there is limited interaction or interactivity. Because of the internet and cutting edge tech, software developers have been able to make positive developments in moving closer to merging the experience of land based casinos with online. Virtual reality casinos will give players the whole casino experience, which means they can play in a 3D environment, as well as be able to interact with it.
Around 20 years ago software developers designed VR games, such as Virtual Boy from Nintendo. Unfortunately the headgear used for the game did not work out and the costs were simply untenable for the average player. In recent years there have been developments in VR head gear, such as Oculus Rift, Valve Stream, HTC Vive and Sony PlayStation VR. These VR devices are set to revolutionise the casino gaming industry as more developers release competitively priced products.
Benefits of VR Casino Gaming
The graphics used in VR casino games are of a much higher resolution and are played at a higher frame rate than normal games. This is to prevent any delays or buffering, so that when players make a movement there should not be any delay experienced. This creates a streamlined gaming experience that’s completely seamless.
VR casino features include combining the convenience of an online casino with a land-based casino. When playing VR casino games, players will find the sights and sounds of a land-based casino are recreated in their entirety. VR casino games also feature real time games with multiple players, a range of different characters to choose from, and the opportunity to interact with other players. There are always new games being developed, and VR casino games will also include chat and voice components.
Available VR Games
There is a fine line between video gaming and casino gaming. Video games usually appeal to the younger generation, while VR casino gaming is aimed at an older group or those who enjoy online gaming as a pastime. The number of VR casino games are increasing and the games that are currently offered include Slots, Roulette, Backgammon, Gin Rummy, Poker and Poker Dice and Blackjack tournaments. Essentially, all the types of games that you’d find at top Canadian mobile casinos can also be played in a VR environment, and there are new games currently in production too.
Specifications for VR Casino Gaming
An important factor to consider with VR casino games is what devices will be needed in order to play. Players will need to make sure that their VR device is able to meet the requirements before signing up to play VR casino games.
In order for players to determine if their computer or mobile device meets the requirements, they can make use of the GeForce GTX VR Program which lists a range of devices which have all the specs needed to play VR casino games. Players will also need to buy VR headgear and there are a range of these products available in different price ranges.
VR is set to revolutionise the online casino gaming industry by combining the convenience of internet gaming with the land-based casino experience in the most authentic way.