What can we expect?
It's been a good couple of days for FunFair Technologies and there is probably more to come. Apparently freebitco.in are introducing a Premium Membership program powered by the FunFair (FUN) token, giving their members an incentive to buy and hold the FUN token. This could potentially give the token a major boost, as we are talking about a userbase of millions.
There will be an official announcement tomorrow, but freebitco.in have already informed their users via email and this is probably the reason why we are witnessing the recent price movement and massive surge in daily trading volumes. Things are going to get interesting tomorrow, so I am keeping an eye on the token for the time being. Of course this is just my personal take.
The freebitco.in platform is definitely trying to convince users to buy and hold FUN, and my guess is that many of them have already bought some. FUN is currently moving up the ranks on coinmarketcap, making it to the first page and currently sitting at the 90th spot on the table. The token is currently priced at $0.043, which is way lower than the all time high of $0.189, so I suppose that many freebitco.in users rushed to buy some.
As a result, the coin has been racing lately, attracting attention and leaving room for speculation. You can see some interesting indices in the screenshots below.
But what is FUN?
FunFair is a gaming platform powered by the Ethereum blockchain that provides players with a fair and low-cost game setup. The FUN token was designed to power and support decentralised casino gaming ecosystems, with the aim of providing the technology needed to optimise costs and efficiency.
FunFair was created in 2017 by igaming veterans Jeremy Longley, Oliver Hopton and technology entrepreneur and investor Jez San OBE and has since expanded to become the largest and most experienced team in blockchain gaming. Headquartered in Singapore with its core teams based in London and Dublin, FunFair is the leading provider of blockchain-powered casino technology to the gaming sector.
The FUN token was launched on June 22, 2017. So far, FunFair has bought several gaming domains which host casino setups that can be run on computers and mobile devices. It's worth noting that the platform gives anyone the ability to create, launch and host fully-customized online casinos, be it individuals or organizations.
Let's see what's next
FunFair Technologies have put together a team of hard-working individuals with years of gaming and blockchain experience, and taking into consideration the upcoming announcement in regard to their collaboration with freebitco.in, I think we can be optimistic about the near future. However, this is just my humble opinion.
Thank you for your attention
Alright guys, that's it for now. I sincerely hope you learned something new today. Thank you for taking the time to read those lines.
Just my two cents. This is by no means financial advice. Just sharing my personal views and experiences. Please do not take my word for your investment choices, and always do your own research.
Stay safe and have a good one,
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