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Funfair Overview and Update. There is Hope!

Funfair: Blockchain Solutions for Gaming.
For those of you unfamiliar with Funfair. Here's a brief overview:
Funfair was Founded in 2017, and is an Ethereum-based platform for online casino gaming.
Founded in 2017, FunFair is an Ethereum-based platform for online casino gaming. The online gambling market is predicted to be worth $60 Billion by 2020. Funfair isn’t actually a casino, instead, they licence out the underlying gaming technology to casinos and other gambling platforms.
One of the brilliant things about Funfair is that they market their software to casinos that mainstream audiences already use.
Now, the major challenge faced by casino operators today, especially online casino operators, is the question of trust in their offerings. To put it simply, users are reluctant to trust these services. Players feel insecure about the true odds of the games they’re playing, even if those odds are made available by the casino site.
The reason being, current server based gaming infrastructure is vulnerable to tampering and fraud. And players have no way to verify that everything is fair in the games they’re playing.
Now, Funfair have been able to solve the problem of trust, in online gambling. By building technology that cannot cheat anyone. Funfair runs on Blockchain, and Ethereum smart contracts it offers players a transparent, fair and publicly audit-able gaming experience. Player protection and provable fairness are guaranteed.
Transparent RNG ensures that the games are provably fair. Game logic is verifiable and run by Blockchain smart contracts.
Unlike other Blockchain casinos, Funfair games play as fast as any traditional online casino.
No bank account is required, so deposits and withdrawals are virtually instant. There's no need to trust a casino with your funds because funfair games let you play straight from your Crypto wallet. Winnings for every game are held in escrow by the Blockchain and paid out instantly.
For operators, fewer servers, fewer databases, fewer security & technical staff, as well as fewer internal personnel, means that costs are significantly reduced. And, no fees or charge-backs for the operator.
Funfair powered casinos' run on Blockchain, which is resistant to hardware failure, power outage or attack.
In short, Funfair casinos are faster, easier, and cheaper to create than traditional software.
The Funfair Team: Now, the team. The team is an all star team of 50 plus individuals. The leadership are industry veterans and experts in the gaming field. Arguably, the most accomplished team in Crypto. When you consider their combined gaming industry experience, relevant entrepreneurial and business experience, as well as an extraordinary track record of prior success, in the gaming industry. I would, at least, put the team on the same standing as the team at ripple, but would have to award the Funfair team extra points for their prior track record of success in the gaming industry.
Jez San OBE: Jez San the CEO and Co-founder of funfair, came to the project with an extensive background in gaming and online gambling that stretches back to 1982, as well, he has a more modern appreciation and experience in Cryptocurrency circles.
Jez received his first computer at the age of twelve in 1978. Within a year he'd taught himself assembly language for several microprocessors.
He founded Argonaut Software as a teenager in high school as a way to get software consulting jobs with large companies. He worked on security systems with British Telecom and Acorn. In 1984, at 18 years of age, he started developing his first game, Skyline Attack for the Commodore 64, he also co-wrote a book, Quantum Theory, about the Sinclair QL. And, he became a wizard (admin) at Essex MUD, the world's first multiplayer online role-playing game.
His late-1986 game Starglider for the Atari ST and the Commodore Amiga sold hundreds of thousands of copies (earning him £2 per copy in royalties). The money helped launch Argonaut as a larger company that started hiring other people in 1986.
In 1996, Argonaut received external funding from Apax Partners and was publicly listed on the London Stock Exchange in 2000.
He also helped found ARC International when it was spun out from Argonaut in 1998 and was its largest shareholder on IPO.
Between 1999 and 2002, he founded Codeplay and is currently the majority shareholder.
He received an OBE (Officer of the Most Excellent Order of the British Empire) in 2002, the first explicitly awarded for services to the computer game industry.
He founded Crunchy Frog Ltd, which in 2005 became online poker company PKR. An online poker room that allowed users to play poker in a virtual reality setting.
In 2008, he co-founded mobile application developer and publisher Origin8. Which produces iPhone and BlackBerry software, and has offices in London.
Jeremy Longley: The CTO of Funfair is Jeremy Longley, who was a co-founder of PKR.com. Longley has extensive experience in both 2D and 3D game creation and in the past has led teams to develop innovative HTML5 and Android products, cashier systems, account management features, and third party system integrations.
He also has an MA in Computer Science with 1st Class Honours from Cambridge University. He seems to be a dominant figure behind a lot of the tech at Funfair.
Oliver Hopton: Funfair’s third founder, Oliver Hopton, has over 15 years experience building gaming products. Including 10 years as Software Development Manager at PKR and 18 months as CTO at EveryFan. He, along with Longley, also appears to be a leading figure behind a lot of the tech at Funfair.
Stefan Kovach CCO at Funfair: Stefan was previously Marketing director at PokerStars for nearly 12 years.
James Harrison Director of Corporate: James was Compliance and Licensing Director at Gaming Realms for 3 years, and CEO at AlchemyBet for 5 years, 5 months.
The FUN Token: FUN is the native token that powers every aspect of the Funfair gaming ecosystem. It is the betting chip that pits player against casino, the financial reward paid to developers for their games, and the fuel that enables key processes on the network.
Ownership of individual tokens is anonymous.
A total of just under 11 billion FUN tokens were created on June 22, 2017, and no more will be created. There are 5.3 billion FUN in circulation. With this fixed supply, the token is deflationary and should experience increases in price over time as demand for it increases. Furthermore, Funfair singe all FUN that are collected as fees. Singe is a term that refers to very very long-term cold storage, and with the potential to be destroyed, when the regulatory atmosphere permits. Taking these tokens out of circulation, in this way, should also put upward pressure on price.
Importantly, casinos' must stake enough FUN to cover payouts / winnings. Which basically means that a lot of FUN will be locked up in the networks growing list of casinos'.
Now, we are currently in a major bear market. But, do stop to remember, that this does not reflect on Funfair. What is does reflect on is the current state of the market. Markets are cyclical and I, personally, expect a recovery and corresponding bull market will be forthcoming (Just my opinion).
Partnerships: Funfair have a number of partners.
Spike Games is one. Spike Games is a well-known creator of slot games. Funfair partnered with them in April this year. Spike are assisting in the creation of new Blockchain versions of popular slot games.
Big Wave Gaming is another partner. Big Wave is a Sydney based slot game creator, with a focus on Asian markets. The partnership was created to give Funfair better access to Asian markets.
And of course, RakeTheRake. Rake the Rake is the largest and most reputable Rakeback affiliate in the worldwide poker market today.
CasinoFair: Funfair has launched the first brand to go live on their network: CasinoFair.
CasinoFair, under its tagline ‘Famous for Fairness’, goes beyond traditional limitations and offers players the fairest experience possible using decentralization of the Blockchain as well as Fate Channels, which is Funfair’s proprietary version of generalized state channel technology.
Players use FUN to play, directly funded from their Crypto wallet, a growing range of premium games are available on CasinoFair. Including Funfairs latest titles, Wheel of Fun, Fate of Thrones and FunDice, along with a host of popular casino games such as European Roulette and Blackjack.
CasinoFair will only get bigger and better, as Funfair evolves from offering a service to the Crypto community to disrupting the mass gaming market.
Sales Funnel: Funfair is currently putting a lot of emphasis on optimizing CasinoFair's sales funnel. This will make it significantly easier and faster for players to start playing on Funfair powered Casinos' going forward!
Funfair is also putting a lot of emphasis on players being able to purchase FUN directly at the Casino.
We can expect to see these improvements in the weeks, and months ahead.
Funfair players can look forward to a significantly streamlined entry into FF powered casinos'.
New Games: Funfair also anticipate a steady roll out of new games over the coming weeks and months! Including space slots and pirate slots, two more wheels, an Alice Cooper slot, as well as, a fishy slot, from outside game developers. Along with some other stuff too. There's a lot happening at Funfair. The Fishy slot is apparently insane and something to really watch out for. These games will add to Funfairs ever expanding line-up of games.
RaketheRake Casino: Also, the second Casino on the Funfair network is set to be launched this quarter. It will be operated and marketed by RaketheRake. For those of you unfamiliar with RaketheRake, they are the largest and most reputable Rakeback affiliate in the worldwide poker market. RaketheRake currently work in conjunction with all of the top poker rooms to increase traffic to their casino sites and secure the best Rakeback deals for their players. The Funfair powered casino will be the first casino owned and operated directly by RaketheRake.
Funfairs Competitors: Funfair has a few Crypto-based competitors but is far ahead of the competition. Nevertheless, with the popularity of Blockchain gambling, as well as the sheer size of the market it wouldn’t be surprising to see more competitors enter the space.
Decent Bet, Edgeless, and Dao.Casino are some Blockchain-based casinos. However, by licensing out their tech to casinos, Funfair isn’t in direct competition with these projects. Instead, Funfair faces competition from platform providers in the traditional online gambling space such as Kambi, Gig, and EveryMatrix.
In Summary: I'd have to say I rate Funfair very highly among all the Crypto projects out there. They have excellent leadership, with a proven track record of success, a great team, a lot of industry experience, a great concept, and a working product to back it up, strong Tokenomics, with FUN being needed to fuel every aspect of the Funfair network. Additionally, all fees are singed, as well as, casinos' having to stake enough FUN to cover casino payouts.
If anyone can find a silver-lining in the current environs it's gonna be the best and brightest of crypto folks.
submitted by warped_alibi to FunfairTech [link] [comments]

Mengenal Kejuaraan Dunia Poker

Lebih mengenal Kejuaraan Dunia Poker — Permainan Poker kini tidak hanya menjadi salah satu permainan perjudian, akan tetapi Poker telah menjelma menjadi permainan elit kelas dunia yang digemari oleh anak muda generasi Milenial.
Setiap tahunnya, di sejumlah negara mengadakan turnamen Poker Internasional yang menawarkan hadiah hingga jutaan dollar bagi pemenangnya. Tetapi diantara turnamen-turnamen poker tersebut ada dua turnament Texas Poker terbesar di dunia.
Mari kita bahas

1. World Championship of Online Poker (WCOOP)

Produksi dari PokerStars, WCOOPS adalah Kejuaraan Dunia Poker Online yang sangat besar. Kejuaraan ini diadakan setiap bulan september dan telah sudah diadakan semenjak tahun 2002.
WCOOP telah menjelma menjadi salah satu Turnamen atau Ajang Kejuaraan Poker Terbesar yang pernah ada. Dengan total hadiah mencapai 13,000,000$, WCOOP menjadi turnamen poker yang paling di minati dan ajang turnamen poker terbesar ketiga di dunia.
Seperti namanya World Championship (Kejuaraan Dunia). WCOOP melibatkan atau menerima pemain Texas Poker dari seluruh dunia yang ingin mengikuti ajang tersebut. Dalam beberapa tahun terakhir, pemenang turnamen poker ini berasal dari berbagai negara seperti, Amerika Serikat, Rusia, Denmark, Belgia, Jerman, Austria, dan Belanda
Salah satu pemain poker dari Indonesia yaitu John Juanda juga pernah mengikuti ajang poker WCOOP.
WCOOP bukanlah tempat perjudian seperti casino, acara ini dirancang untuk menjadi tempat pengujian keterampilan bermain poker untuk para pemain Texas Poker.
Untuk mengikuti WCOOP anda harus buy-in senilai 5,200$, melalui Spin & Go, atau melalui kualifikasi langsung.

2. PokerStars Sunday Million

The Sunday Million adalah turnamen poker terbesar di dunia.
Untuk para pemain poker yang berhasil memenangkan turnamen PokerStars Sunday Million, para pemain tidak hanya mendapatkan uang, akan tetapi player akan mendapatkan Prestise dan nama besar di dunia permainan poker tersebut.
Bekerja sama dengan PokerStars, turnamen The Sunday Million berhasil menarik nama besar para pemain poker untuk bergabung. Anda dapat menyaksikan permainan para pemain kelas dunia melalui situs PokerStar.tv.


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submitted by aseankartu to u/aseankartu [link] [comments]

My Poker story p1, thoughts, and personal takeaways (long)

Hiya rpoker I wonder what the community would think about content such as my story below, writing part 2 and would share if yall like part 1, enjoy.

Intro and about meself:
I always liked the feeling of throwing some personal history out to be forever immortalized by floating even as a dust speck inside one of humanity’s most brilliant creations, the interwebz, and so here it is. I’m a 27yr old Canadian player who only plays live, currently still in school and taking poker very opportunistically. Coming from a chess and sports background, I have always been competitive. I have been playing live poker for just unde a year; it is during this time that I grew and molded myself into the player that I am now. Current I consider myself a below average reg in the live 2-5 scene that's offered locally. It is by shitty life chances and choices I discovered Poker when I was 17, played very recreationally in the 4 years since, tossed in around 3000$, never studied the game, just one of pokerstar’s many fish and losing drooling noobs.
Steping into the live Poker scene:
Never having touched real chips since playing online 8 years ago, it was always on the to-do list for a friend and I to play live in a local casino, and luckily we have one with a proper card room. In that 1-2 experience, we both lost our 200$ buy in relatively quickly, but it sparked something in me. A few months after that experience (just under a year ago) I went and stepped in the scene myself. I took out 1000$ in cash and would set it to be my bankroll. To summarize this 1000$ experience, I was overbluffing all-ins. Not knowing about the stationy tendencies of live 1-2 players I quickly lost the money as an action fish. Experience was gained and lessons were learned and I still had the drive and will to try and beat the game or atleast make my money back. I set aside another 2000$ and told myself that if ever I lose it all I would be done with live poker forever. Playing as a tigher fish this time, not overbluffing as much, but due to lack of knowledge and falling into beginners fallacies such as always slowplaying the nuts and calling it down I soon found myself stuck with my last 500$ of the second investment. It was during summer holidays for students and I made my way to the casino to finalize my poker fate. It would be a Monday I would never forget. Sitting at the table would be Zeus. He would fight to win almost every single hand by shoving, resulting in constant rebuys of 200$s. Regular actions would be that people fold/limp to him, he would raise to 25 with a single green chip toss, and all in soon to follow. The way he played was just short of buying in for the max and shoving 100bbs blind pre. What’s also to note that he was very sleepy. He would fall asleep during a hand only to have the dealer wake him up and tell him that it’s his action. I have never seen anything like it. I developed a plan, which was to see as many cheap flops as I can and evaluate post-flop. From 250$ buy in I was down to 160$ from call/fold trying to spike a hand against the maniac. Then this hand came, was button with AKo, Zeus opens 25 utg1 and I make it 77$. Folds to him who announces call, and promptly falls asleep in his chair. Dealer probes him to wake up and put the chips in the middle. It took a long minute before getting him to wake up and the first thing he does was to toss his cards into the muck, awarding me 77$ from him uncontested. The two hours to follow was the biggest run good of my life. I made hands and have Zeus bluff me all-in winning 200$ at a time. He dumped around 5000$ that day, and left after the two hours. I was up 1000$ and went home with a smile.
Getting better at the game:
I studied many hours of poker at home after that experience. What I meant by study was just to watch high stakes poker more observantly and watching how the pros played. No guidance, just a monkey see monkey do kind of learning. If I could go back and meet my then-self I would slap him so hard for thinking that I was ‘legit learning’ from watching, as much of what I saw was hard to apply in my own game. I still got better, my biggest takeaway step on getting better is to “Fold more often pre, raise less often as bluffs, call less often, and if being put in a tough spot, FOLD”. I started producing small winning sessions at 1-2, starting to identify the fish and regs at the table, understood player tendencies such as OMCs and calling stations, etc. I would never forget my first value all-in on riv which got called, had QQ on a T high paired board got called by guy with AT. It sounds comically standard now but it was a proud moment for me and it felt really encouraging to see studies and efforts paying off. The second big break for me came playing one casual Friday afternoon. Started playing around 2pm and went into 9pm with an even stack starting the day. Mind you I still had no idea that playing at different days and hours would yield different game types but at that day starting 9pm, I received a mixture of rungood and a taste of super Friday night poker. Events include getting paid 2 streets while flopping a straight flush, turning nuts and getting shoved on, 3 streets value with Top pair top kicker etc. From my Iphone timestamp, at 4am I was sitting with a 1400$ stack from my initial 300 on a 1-2 which to me felt absolutely insane. I had never stayed up this late playing but the universe kept giving me reasons to stay. Plenty of times I wanted to get up and leave but a seeming rich/drunk dude would sit down, and I would tell myself to ‘try n earn bit more’ and it would work out. During this time, my table merged with another and a reg with also a 1000$ stack sat directly to my left. We chatted quite a bit and I was not shy to admit my excitement of first time staying up this late playing poker on a Friday night and seeing all this amazing amazing action going on. He was friendly and told me many truths about the scene which included how Friday night games would much softer, and that best way to get paid is to set-mine and value-raise etc. In the meantime, I see him glaring at my chips in position while half asleep knowing that he plans to take advantage of an amateur like me. Few hours later I would catch him in a big bluff with AT on JT986 board for a 700$ pot and he instantly started calling me names and would stop chatting with me for rest of the night. He got no bluff action from me the rest of the night and my stack just grew. By 8am our table broke and I racked up 2195$ in 3 racks and I felt like the biggest winner there ever was, even got the floor to take pics of me posing by my stack it felt great. Ran into traffic going home, went to local grocery store carefully picked up a cheap 5$ wrap for breakfast before going home and crashing at 11am.
TLDR: Got into live poker as a challenge, a year ago, almost decided to quit before catching a big break. As a result of said break, studied the game further, improved my game, and saw encouraging results. Caught another break which is the gold mine that is Friday night live poker and story of my first night there.
submitted by lolguy999 to poker [link] [comments]

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Cómo empezar a jugar PokerStars $$$$ - YouTube

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