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CasinoFair the first brand to go live on FunFair’s blockchain casino platform
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‘Famous for Fairness’ CasinoFair offers players the first and only truly fair casino experience
FunFair, the decentralised blockchain casino platform provider, today announces the eagerly anticipated launch of CasinoFair, the world’s first, truly fair blockchain casino.
CasinoFair, under its tagline of ‘Famous for Fairness’, goes beyond other casino’s limitations in offering players the fairest experience possible using the decentralised nature of the blockchain and Fate Channels, FunFair’s proprietary version of generalised state channel technology.
Player protection and provable fairness are guaranteed at CasinoFair. It will never hold custody of player funds, with all gaming session funds held in escrow and distributed immediately to the player and house when the game ends, while its FairChecker feature ensures provably fair gameplay, preventing either party from tampering with the outcome.
The licensed casino will be the first blockchain casino to offer a wide range of fun, fast and fair games, thanks to the platform’s Fate Channel technology that helps overcome some of the scaling limitations of existing blockchains, including Ethereum.
Players use FUN tokens to play, directly funded from their crypto wallet, a growing range of premium games built on the blockchain. These include FunFair’s latest titles Fate of Thrones and FunDice, along with popular casino games such as European Roulette and Blackjack.
The FunFair group’s founder, Jez San, said: “FunFair continue to lead the way in delivering a viable, quality blockchain casino with the launch of CasinoFair on our first-gen platform.
“Building our platform on blockchain technology allows us to deliver the levels of security and fairness that players demand, going beyond what is currently understood as provably fair, and CasinoFair will be the first of many FunFair partners changing the face of casino gaming for the better.
“With additional games, increased functionality and usability in the FunFair pipeline, CasinoFair will only get bigger and better, as we evolve from offering a service to the crypto community to disrupting the gaming mass market.”
CasinoFair will initially be launched to a limited number of markets, and run by TTM BV, a wholly-owned subsidiary of the FunFair group, as a means to expedite the platform’s commercial and marketing learnings, ensuring a better product for future external partners.
For the latest news on CasinoFair, please join the community at Twitter, Facebook and Telegram.
About FunFair:
Funfair is the leading B2B blockchain casino platform provider which is revolutionising the online casino industry. Its proprietary Fate Channels technology mitigates existing scaling issues on the blockchain ensuring operators can provide their players with a fun, fast and fair gaming experience. FunFair ran a successful ICO in June 2017, which launched its own cryptocurrency, FUN, now held by more than 60,000 worldwide.
Its team has over 100 years of combined experience in the gaming and casino space, as well as 20 years of blockchain expertise, providing the platform to deliver the best slots and table games in a transparent, provably fair manner. Co-founded by Jez San OBE, Jeremy Longley and Oliver Hopton in 2017, its growing team of 50 are headquartered in Singapore with further offices in Dublin and London.
Source: Latest News on European Gaming Media Network
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Expert comment: Safer Gambling Week 2024
Safer Gambling Week commentary
As a company focused on generating high-quality, responsible gambling traffic to our operator partner sites, safer gambling is a daily consideration for QiH Group. We recognise Safer Gambling Week as a valuable opportunity to stay engaged with the broader industry conversations and to hear from the community on responsible gambling.
As affiliates are often an initial touchpoint for customers, our priority is maintaining a safe, compliant environment that benefits our partners and, ultimately, their customers.
We believe in supporting a balanced approach where gambling remains what it should be: safe, enjoyable entertainment.
– Andrew Lee, COO, QiH Group
Being a firm of licensing solicitors, one of our principal roles is helping our clients stay compliant with the Licensing Conditions and Codes of Practice, and the licensing objectives, so responsible gambling is something we focus on every day for clients.
It is important that we raise awareness of safer gambling and signpost the professional help and support services that are available to those who need it – ensuring the millions of people who enjoy gambling responsibly continue to do so in a safe environment.
– Nick Arron, Lead Solicitor, Poppleston Allen
The post Expert comment: Safer Gambling Week 2024 appeared first on European Gaming Industry News.
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AMD Announces GameOn 2024: Nationwide Counter-Strike 2 Tournament Offers ₹300,000 Prize, Culminates in Hyderabad
AMD, a leader in semiconductor manufacturing, has unveiled the AMD GameOn 2024, an open-for-all esports tournament for Counter-Strike 2 with a total prize pool of INR 300,000. The Main Event of the AMD GameOne 2024 is set to take place at IndiaJoy 2024 Asia’s premier media and entertainment congregation, in the HICC, Novotel, Hyderabad on Nov. 16 and 17.
Commenting on the tournament, Pramit Khanna, Channel Marketing Manager DIY and Gaming, AMD India said, “As one of the leaders in the computing space, we have been supporting India’s esports ecosystem since day 1, and the AMD GameOn 2024 is another such IP for esports enthusiasts. The open-for-all format ensures every gamer has a chance to compete in the pan-India tournament and make it to the LAN in Hyderabad. I wish the best of luck to all participants and can’t wait to welcome the four finalists in Hyderabad.”
The AMD GameOn 2024 began with the open qualifiers, where the registered teams competed for slots to the Closed Qualifiers. The Closed Qualifier, with 8 total teams, has wrapped up, confirming the four finalists for the AMD GameOn 2024 Main Event at IndiaJoy 2024 on Nov. 16 and 17 in Hyderabad. Skyesports is set to be the esports partner for the event.
The four teams are listed below. They will compete in a single-elimination bracket to determine the champions of India. Matches from the AMD GameOn 2024 Main Event will be livestreamed on the Skyesports YouTube channel.
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True Rippers
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Carnival Gaming
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Gods Reign
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Victores Sumus
Besides the esports action at the AMD booth in the IndiaJoy 2024, players will also be able to experience gaming on AMD Advantage systems, which deliver a supreme and optimized performance by combining AMD Ryzen™ CPUs, AMD Radeon™ GPUs, smart technologies, and AMD software. Therefore, AMD’s experiential zone at the IndiaJoy 2024 will be the one-stop immersive place for gamers, combining esports action and providing a hands-on gaming experience.
Shiva Nandy, the Founder and CEO of Skyesports, said, “We are thrilled to be the esports partner for AMD GameOn 2024, working once again with our anchor brand, AMD. With open qualifiers to give every gamer a chance and invited teams to ensure top-notch esports action, this tournament is a delight for all gamers. AMD has been one of the biggest supporters of esports in India over the years, and this tournament aligns with our vision of bringing Counter-Strike 2 into the spotlight ahead of Skyesports’ $1.7 million prize pool roadmap for 2025, where we will host four on-ground events across the country.”
India currently has about 500 million gamers, a number expected to grow to 730 million by 2028, with a 5-year CAGR of 10 percent, making the country the largest market by the number of gamers. Additionally, 65 percent of gamers either watch esports or compete in tournaments, per Niko Partners, with IPs like the AMD GameOn at the forefront of attracting their attention.
The post AMD Announces GameOn 2024: Nationwide Counter-Strike 2 Tournament Offers ₹300,000 Prize, Culminates in Hyderabad appeared first on European Gaming Industry News.
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