Who created Funfair Coin?
Funfair was created by Jez San, Oliver Hopton, and Jeremy Longley. All three of them have an extensive background in gaming design and development. This alone puts the cryptocurrency in the relatively small group of tokens created by people with actual experience in their target market.
FunFair Technologies is headquartered in Singapore, although it also has offices in London, Malta, Gibraltar, and Guernsey – an unusually large spread for a smaller, relatively niche crypto startup.
What are the pros and cons of Funfair?
Funfair does seem to have more pros than cons, at least on a technical level. The market for online gaming and gambling has surged over recent years, so there’s clearly enough space for it. More importantly, the transparency offered by cryptocurrencies can be a great tool when assessing a game’s claims and fairness, particularly when dealing with casino games.
There’s also the chance that Funfair might grow to become one of the de facto coins used for blockchain gaming, particularly among casino and gambling games. While this hasn’t yet happened, the cryptocurrency has been slowly gathering momentum, although the dApp gaming scene is still rather nascent at this stage.
On the technical aspect, Funfair offers Fate Channels – an off-chain solution that allows users to play or bet as many times as they want without requiring potentially dozens or hundreds of transactions, logging those on the blockchain only at the start and end of each play session.
As an investment, Funfair has some potentials. This is fitting, considering the very purpose of the currency. The market for the token is growing, and so is the number of users. Though it is still early days yet for the dApps and blockchain gaming markets, it’s difficult to predict where it might go, and whether its price will appreciate, depreciate, or remain static over the long haul.
The future of Funfair
When looking at niche cryptocurrencies, one could do much worse than Funfair. Unlike many ill-advised crypto projects whose whole logic behind seems to be just “let’s put crypto on this,” Funfair’s existence feels natural – and in fact, one might wonder why it took so long for somebody to make such a proposal.
While the coin isn’t one of the main crypto tokens, and it isn’t likely to become one in the near future, it is quite likely to remain, or perhaps even find its standing in the blockchain gaming community. As such, it’s hard to see a grim future for the currency – it’s already established, it has a market, and its market is expected to grow steadily over time.
Funfair might not be the best investment token, but it offers a glimmer of hope that the horde of capital appreciation enthusiasts can grab right away.