$FUN is a cryptocurrency that runs on the Ethereum blockchain. It serves as a versatile token aimed at the online gaming and gambling sectors. $FUN was originally created by FunFair Technologies in 2017 to support and power the FUN ecosystem. In early 2021, control of the FUN Token passed to the $FUN team, and they are now responsible for the project’s development. The FUN token pairs Ethereum blockchain infrastructure with its own technology stack. This gives developers, players, and platforms flexibility, while also creating room for a growing set of potential future use cases for FUN.

What are FUN’s key features and how does it work?

FUN is built to update the digital gaming and gambling industries and help individual users. One issue in today’s online gambling space is limited transparency around how prize money and other funds are sourced. The FUN Token platform aims to address this by blending gaming mechanics with blockchain technology to form a transparent gaming ecosystem. Because platform transactions are recorded on the blockchain, they can be verified and viewed by anyone.

As an ERC-20 standard token, FUN can be traded and transferred easily across exchanges that support it. The network also supports wallet-to-wallet activity and in-game transactions, which can help lower transaction delays so gamers can spend more time playing. FUN has a maximum supply cap of 17 billion FUN tokens, created through the company’s official pre-sale on 22 June 2017. In that pre-sale, more than 80% of the tokens were allocated to institutional investors and buyers.

The FUN Token network uses a Proof-of-stake Consensus to secure it. In this approach, network participants compete to be selected to validate transactions and create new blocks on the blockchain. To improve their chances of selection, participants must stake their crypto assets. Compared to proof-of-work, this method typically uses less processing power. The network also applies a planned token burn schedule for FUN Tokens, intended to help the tokens maintain value.

What can FUN be used for?

Currently, FUN can be traded, purchased, and sold on exchanges. It can also be used for transactions within games. Looking ahead, Fun Token expects to expand the set of ways FUN can be used. For instance, the team is building a casino that they plan to power with FUN Tokens. Over the longer term, the project says it aims to grow a broader FUN Token ecosystem that other gaming operators can integrate into their platforms.

 Where can you buy FUN?

FUN can be bought on the CEXs and DEXs shown here. It is listed on several major exchanges, including Binance, OKEx, and Uniswap. The FUN price may differ by exchange and by current market interest. For more detailed information on FUN pricing, check the price charts above.