Category Archives: Online Gaming
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/
19th of May, 2017 — The DAO.Casino team announces the release of their whitepaper. DAO.Casino is an Ethereum based protocol that automates out the need of trust in a value chain of gambling industry and provides a decentralised source of PRNG for the games.
In the paper titled Blockchain Protocol for Gambling, authors Ilya Tarutov and Konstantin Lomashuk discuss the possibilities of removing barriers in value transactions, not just in the individual games, but in the all aspects of online gambling industry, utilising crypto-economics and integrity of data and code enabled by Ethereum. First part discusses crypto-economic architecture: incentive system, followed by a research of existing methods of random number generation on a deterministic virtual machine, and a new implementation of PRNG algorithm that answers industry requirements in terms of speed while remaining decentralised.
DAO.Casino aims at creating an ecosystem that enables exchange of value between the participants who don’t trust each other, as well as to bring game developers to the Ethereum ecosystem by providing easy templates, libraries, and PRNG methods to work with. Right now, gambling on Ethereum is not developing as it should, and by bringing new skills to the ecosystem, new markets and business models would evolve, and eventually a new form of gambling industry, with Ethereum as a backbone.
Ethereum allows to replace trusted third parties with smart contracts that run exactly how they have been programmed in the context of DAO.Casino provide an equally unpredictable PRNG for the games and automatically reward all the participants for their contribution thus creating a system of incentives. This reduces risks of fraud and as well as the reduce costs for casino operators, thereby allowing higher payouts.
DAO.Casino protocol as a system of smart contracts includes several components: game contracts integrated with reward distribution logic and PRNG, referrer system, and an open bankroll backing system.
Ilya Tarutov, who is also the CEO of DAO.Casino, adds:
“We were observing a lot of experimentation with games using Ethereum smart contracts. But apart from the individual games what is needed for the industry to grow is an ecosystem that allows all the market participants to interact. DAO.Casino aims to solve questions from the value chain perspective.”
In context of provably fair gaming, the DAO.Casino whitepaper confirms that their development team is hell-bent on introducing different sources of randomness for different games that is most likely to be secured by economics, not just technical aspects.
The DAO.Casino team is releasing an MVP until the end of June, and after that will start contribution campaign.
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.