Home | Crypto News | Fair.Game Review: First Ever Decentralized Gaming Platform

Fair.Game Review: First Ever Decentralized Gaming Platform

Table of Contents

roulette

Fair.Game is the first decentralised gaming platform based on the Ethereum blockchain. Fair.Game’s vision is to create a blockchain based platform to connect gamers and developers. The platform uses smart contracts to ensure fairness of games. Before this moment, there’s been lack of trust and honesty in the online gaming industry, even monitored and regulated platforms are still being doubted if games are 100% fair.

According to a report, there’s a total revenue of the global game market over $100bn in 2017. It has also been projected that total revenue by the year 2022 will reach $230bn. With platforms like Fair.Game at the forefront, the projected ambition seems achievable, if not surpassed as more people trust blockchain technologies.

How It Works

Online games on the blockchain are provably fair on the blockchain, using smart contracts. All rules of the game have been set from inception, and no one can modify its algorithm. Every data is entirely open and transparent; this is to ensure fairness. All data transmitted are done openly, to ensure fairness.

Following Fair Slots and Fair Texas Hold’em Poker as successful prototypes based on blockchain, Fair City, Fair.Game next self-development game is another blockchain based game on similar blockchain protocol. The game is expected to be released in the second quarter of 2018.

Fair.Game will also launch fair SDK to help other game developers who want to implement same benefits presented by blockchain technologies such as fairness, game assets, digital currencies and wallets for payments. Fair Game Assets Marketplace is the third component of the Fair.Game gaming platform. Through this platform, players can freely trade the game asset (equipment, props,etc) on the chain, where blockchain technology will ensure the security and fairness.

What’s Makes Fair.Game Different

The platform adopts the transparent features of blockchain technology, creating a one of its kind platform for gamers globally. The platform is provably fair, and rules have been set from the development phase which no one can modify.

Fair.Game provides all random numbers to be proved by the public; these include game rewards, the randomness of games played, etc. All core data and codes are transparent and available for all, which ensures fairness.

Conclusion

Cryptocurrency isn’t easy to evaluate; it’s part currency, commodity, and technology. Unlike companies, digital currencies don’t have cash flows that are predictable and the industry is too new to evaluate.

The drop in cryptocurrency value from December 2017 has made new investors into the cryptocurrency world hold back. Once things turn around, we could see new money being invested.

Smart contracts can change the way business operates. As more people get interested in the new technology, it’s only a matter of time until this gains ground.

 

website:www.fair.game

Twitter: @fairgameonline

Telegram group: https: //t.me/fairgameonline

Table of Contents

EDITOR’S CHOICE

Hot Stories

🔑🔓⚡

Unlock the Power of Crypto!

Get the most important crypto news, price predictions, and expert insights delivered to your inbox.