Nowadays, we are presented with a huge number of cryptocurrencies for investment. But how to invest profitably? Today we'll talk about FunFair. Now, it's rabranded as FunToken. Should I buy FunToken in 2022? Will FunToken bring profit in 2023? Where the FunFair price comes in 2025? Will the FunFair price rise or go down in the future? The platform has something to show and has something to brag about.
- FunToken Review
- FunToken Advantages
- Past Performance
- Price Prediction 2022-2030
- What does the FunToken rate depend on?
- How to get profit from FunToken?
- Conclusion
FunFair Review
FunToken (FUN) — the platform uses the Ethereum blockchain protocol to simplify the creation and Casino launch. This allows users to quickly create a casino and immediately start accepting players and making payments. Since the system is decentralized and does not have a server, there is no risk of interference from operators, or players, or hackers. The work of the platform is completely transparent, thanks to the use of blockchain and smart contracts. FunFair uses Fate Channels technology, which provides online games on demand. The effectiveness of games is ensured by the relatively low costs (10%) for network processing associated with other block casinos.
At the heart of FunFair is a peer-to-peer blockchain running on open-source Ethereum. Using the FunFair platform, companies can organize and support all kinds of online casinos and other areas of web entertainment and betting.
As everyone knows, the majority of online casinos use fraudulent algorithms that allow game organizers to intervene in the process and reduce the percentage of probability of winning. So, in the FunFair system, such fraud is completely excluded. And this, in turn, significantly increases the trust on the part of users, which means it improves the attendance and profitability of betting in the end. Using Ethereum smart contracts, the FunFair team has created a platform for the operation of safe and transparent game projects, and today it is worth a lot. FunFair platform and cryptocurrency developers had successful ICOs and have already launched an application for web browsers running on WebGL and HTML5 standards. Also, versions for mobile platforms are available, which significantly expands the scope of use of the created system.
#InCaseYouMissedIt we’ve made some incredible changes to the FunFair Wallet. Our easy to use, safe, non-custodial wallet that works seamlessly in our dApp with no downloads, was updated & you can read up on it here:https://t.co/zo2Q1zcce2#GuaranteedFair #gambling #wallet #FUN pic.twitter.com/6pHk22O4xm
— FunFair Technologies (@FunFairTech) July 28, 2020
The above factors allow you to evaluate the positive prospects of FunToken 2022-2030 and provide the FUN cryptocurrency exchange rate with long-term trend growth.
FunToken Advantages
In addition to the stated advantages, the following positive features of the FUN system and cryptocurrencies can be highlighted:
- Having received a FunFair license, developers are entitled to create their own games without breaking the law.
- FunFair platform uses its own cryptocurrency FUN.
- The platform created by the FunFair team is easy to operate. On its basis, you can easily transfer existing online projects.
- FunFair platform has excellent speed and provides good speed for all applications based on it, as well as payment transactions.
- Security is another distinguishing feature of FunToken, on the site of which reliable cryptographic encryption methods are used, and user money is not in the account of the management company, but in users’ wallets, which excludes fraud on the part of game organizers.
- In the system of the platform and cryptocurrency FunToken, there are minimum commissions that are beneficial both to the organizers of the games and to the players themselves.
Past Performance
As part of the ICO held in 2017, the FunFair team raised more than $25 million, and not only ordinary investors, but also serious investment funds invested in FunFair tokens. At the time of the ICO, the nominal value of FUN tokens was $0.01, and by January 2018 reached $0.19. Thus, a little more than 6 months later, it grew 9.5 times. Then, in the entire crypto industry, the crypto winter came. After such an impressive rise, there followed a decline in the price of FunToken. It was around half of a cent until the end of 2020.
The beginning of 2021 was the time when the strongest crypto rally (as of March 2022) has started. On February 4, 2021, FUN had a peaking value of $0.047. April 5 saw the second peak of 2021 when the price exceeded $0.052. During corrections the price was falling below $0.03. On May 8, the price has reached $0.046. After reaching this value the price has slowly went below $0.02. The bottom price was reached in July at $0.0135. Then, the price began to climb up. In August, the FunToken price reached $0.0359. In the fall, the price started to fade. It had two plateaus — the price was around 2 cents for the entire fall, and then dropped to around 1 cent in the winter. As of March 2022, the price is still around 1 cent.
FunToken Price Prediction 2022-2030
In accordance with the previous dynamics of Fun price growth and the advantages of FunFair described above, the prospects for 2022-2030 can only be towards the further development of the platform and the growth of the FunToken rate. Many experts point at $0.013 cents as the highest possible price that can be reached by FUN by the end of 2022. One year later, the price can reach up to $0.02. In 2024, crypto market is expected to rise due to the Bitcoin block reward halving. FunToken will probably be traded at around $0.03 by the end of the year. It won't go further 5 cents in 2025.
The following trajectory seems quite predictable. It's a slow and steady growth. By 2031, the price might reach up to $0.32.
What does the FunToken rate depend on?
The platform’s native currency is the ERC-20 FUN token, available on Bitfinex, HitBTC, Binance, and other exchanges.
Like most other cryptocurrencies, the value of FunFair depends on the dynamics of the market, the activity of speculators, and changes affecting the blockchain platform. The digital currency market has a direct impact on the value of Fun, even despite the activity and uniqueness of the platform, which could contribute to a rise in price.
The maximum cryptocurrency rate was recorded in January 2018 at $0.181780 in the wake of the rise in the price of Bitcoin during the correction in December 2017.
Where are all the funfair casinos that you have promised all investors?
— #crypto #riddler $CSC (@after_kornelius) November 17, 2018
Last year you told that in the first Q. everything will ready ....now we got end of 2018 and the onlything what i see from #funfair is that they are talking just on conventions... for me #FUN is a Scam
Altcoins are inextricably linked with Bitcoin, due to which digital gold has an impact on the entire cryptocurrency market, being the most famous and popular asset. Because of this, when trading FunFair it is important to keep track of the news related not only to the blockchain industry as a whole but also to Bitcoin. Important for a detailed forecast on the cryptocurrency rate will also be news in the gaming industry and casinos, in particular.
How to get profit from FunToken?
As with most other cryptocurrencies, two strategies can be applied to FUN tokens:
- Long-term investment - purchase of cryptocurrency on corrections or simply on the market with an investment horizon of 2 years or more.
- Short-term/medium-term speculative - purchase of FUN tokens at the time of their local correction for a period from 1 day to several months.
Conclusion
The FunFair has become a clear example of the correct and accurate implementation of the blockchain in the economy. They began to consider it reliable, so today FunFair is considered the most suitable option for long-term investments. Considering that the FUN cryptocurrency forecast for 2022-2030 is a growth stage, you will not wait long for the result.