FUN PUMP

Why wouldnt this coin be pumped by McAfee next??

Other urls found in this thread:

discord.gg/qJns5cd
bloomberg.com/profiles/people/3327820-norbert-teufelberger
bloomberg.com/quote/GVC:LN
bloomberg.com/news/articles/2017-12-22/gvc-to-buy-online-bookmaker-ladbrokes-for-up-to-5-4-billion
linkedin.com/in/stefankovach/
youtube.com/watch?v=KO-cfGbfAJo
reddit.com/user/jezsan
twitter.com/NSFWRedditImage

Because you have not paid him 25 BTC plus 15%

Because its not a shitcoin.

if my ideas of long term holds are McAfee tier shitcoins better off necking myself now

Unironically this

Why would I buy this coin instead of EDGE?
Edgeless looks way better desu. 25 days until the casino opens and it's in a dip right now. Almost guaranteed profits.

Confido 5.0
watch out with EDG, one look at the team behind it and i stayed far far away from it.

theyre an opaque company. no one knows who or how many of them there are. suspect its a small team. I mean, they've been around longer than funfair and barely have one game to show for it. we managed to build more than ten high quality games in far less time.

they also seem to allow their token holders to believe 'fake news' without correcting them. we've had public differences of opinion before on the way theyre doing that.

they claim theyre the first legal blockchain casino yet they seem to be ignoring the tens to perhaps even hundreds of existing licensed blockchain casinos out of curaçao (mostly bitcoin, but that still counts as blockchain doesn't it?)

they claim their curaçao license is just a first step (and in chat they say theyre going for a uk license). good luck with that one, the level of transparency, honesty and legitimacy required to get a uk license is far beyond what they've seen before, including investigation and background checks of the key people. not to say they won't pass it, but it will be a whole different level of scrutiny compared to curaçao.

their tech seems centralised. we think it could perhaps be their own private server pulling rng's for them. it may not even be provably fair and it certainly hasn't had the usual scrutiny that would be expected of an Ethereum casino (public audits) prior to release. And to get their curaçao license did they get the code audited? a legitimate jurisdiction would expect that, but curaçao may not.

their management team has zero experience of the gaming industry except their boss who is an internet marketeer was once a gambler, and thinks that somehow conveys him the ability to create and run an online casino. they neglected to disclose any other management team and its possible they don't have them (yet). to gain legitimacy they will have to disclose who is in their team eventually. quite why the market lets them operate so anonymously is beyond me.

they've decided to skirt around the securities laws in a unique way... theyre offering their token holders a dividend of the profits, which would clearly make their token a security (and they'd be illegal, and few exchanges would list them). but instead of paying it to them pro rata directly to the token holders, those token holders that want the dividend can enter into a lottery that the chance of winning your dividend is your pro rata number of tokens. so theyre still paying dividends on profits but to a winner of a lottery as a way to circumvent the securities laws. whether the SEC decides this is in violation of their terms, and just a means to avoid the visibility of the dividend payment, is up to the lawyers who will eventually prosecute this case. I think its risky and devious yet also ingenious, and whether it satisfies the SEC that theyre not paying a dividend on profits to token holders, who knows!? Also the exchanges are becoming more and more risk averse, so it wouldn't surprise me to see edgeless de-listed from the more legitimate exchanges when they discover this plan and run it by their securities lawyers.

the proposition, of claiming to customers that it is zero edge (ie, casino doesn't make money from players) is misleading at best, as its only one or two games that will offer this and the rest will be high yield (to make up for it) but theyre pitching the whole premise of the company - and its 'in the name - edgeless' on this feature (which is clearly unsustainable). if theyre going to offer a 'loss leader' on one or two products it will have to be clear up front in the marketing because no legitimate casino regulator will let them get away with doing what theyre claiming to do. and as for sustainability of zero edge games, theyre not sustainable. theyre not the first people to try it (betfair tried it ten years ago and failed)

as everyone already knows, curaçao is one of the worst jurisdictions in the world to have a license as it doesn't empower you to operate anywhere useful legally - weirdly - especially not in curaçao, which you would've thought would be the one place that license would allow.

most countries do not respect a curaçao license (when I say most, I mean 'any country you've heard of'). whereas a Malta, Gibraltar, Alderney or UK license is legit and usually supports some form of operations in certain other countries, though many countries require their own license to operate in their specific country.

comparing edgeless to funfair token market caps... well... I wish it were possible to short tokens. this clearly isn't a 'perfect market' or the token market caps wouldn't be so close.

on the one hand, I'm happy for them. they got away with it. managed to convince a lot of people of their value.. and even got a rubber stamp from curaçao. so good luck to them. and hopefully they will use their amazing ability to market what little they had to recruit casino players, and perhaps they will get some decent amount of customers that way. on the other hand... it makes me more than a little worried that many token buyers aren't behaving rationally and are still just throwing money at 'anything' and believe everything theyre told without scrutiny or validation.

I'm eager to watch what they do next.

COMFIEST HOLD OF 2017-18

I hold 18k FUN coins

Will I become rich in the future?

He will. New strategy for these pumps, night before put a grand into stable but shitty coins under .10 cents. Set sell limit for double. Sleep in, wake up and see your profit, sell off the other shit coins. Rinse and repeat. If it looks like there's been some accumulation go double into it.

First 3 months of 2018 will be comfy gains.

pumping soon join us
discord.gg/qJns5cd

fuck off pajeet with your scam discords

Interesting read, will definitely read up more on both parties before deciding.

also, fun is a good buy for a few months of hodl

I'm most amazed at that user who had 100k dollars worth of FUN and basically made money during the bitcoin crash due to FUN actually going up.

Norbert Teufelberger - Who is this guy you might ask?

Norbert Teufelberger is Chief Executive Officer, Bwin Party Digital Entertainment PLC bloomberg.com/profiles/people/3327820-norbert-teufelberger

He is also currently a sitting Board Member of GVC Holdings PLC.

GVC Holdings PLC - What is this you might ask?

GVC Holdings PLC is an e-gaming operator in both B2C and B2B markets. The company's line of business includes the provision of internet gaming, sports betting, casino, poker and bingo services.

bloomberg.com/quote/GVC:LN

Why is this relevant?

GVC Holdings Plc agreed to buy U.K. bookmaker Ladbrokes Coral Group Plc for as much as 4 billion pounds ($5.4 billion) as gambling companies seek greater scale in a business that’s shifting online. A combination of GVC, which owns online gambling platforms including Partypoker and Sportingbet, and betting-shop operator Ladbrokes Coral could spark even more consolidation in the sector. Ladbrokes Coral, whose traditional betting shops in the U.K.’s town centers are fading, would get more exposure to the expanding digital gaming business, while GVC could reach more potential customers for its online platforms.

bloomberg.com/news/articles/2017-12-22/gvc-to-buy-online-bookmaker-ladbrokes-for-up-to-5-4-billion

HERE is where it gets interesting...

In their most recent company update the FunFair team said they brought aboard Stefan Kovach as a marketing consultant...

Check out Stefan's history on his Linkedin...

linkedin.com/in/stefankovach/

Stefan was Director/Brand Communications for Bwin before he joined Pokerstars...

Norbert Teufelberer is current CEO of Bwin and on board of GVC which just bought out another online gambling group in hopes of scaling to MORE ONLINE GAMBLING....1+1 = 2 yeah?

/comfy/

Saw somebody on gambling twitter yesterday bitching about the odds on online casinos and how he thought it was rigged. It is so obvious how this is an actual useful implementation of block chain and not just a memecoin with no future.
>tfw FUN is going to take me to themoon

Ya man it’s super easy, it’s like just put in 100 bucks on this coin and you will be a millionaire bc all online gambling will use it

If you look into FUNs team youd see it isnt a scam, they have top quality people with extensive backgrounds

youtube.com/watch?v=KO-cfGbfAJo

FUN isn't paying McAfee to pump. They barely do any marketing as it is.

CEO answers

kek

Really regretting not going in a lot more at 280sats a week ago. Hope it dips back down to mid 300s

it wont :)

going straight to 1000 EOY :)

There it is.
I would rather Veeky Forums not shill FUN since it's a legitimate project. Let people figure it out on their own.

...

So what happens when it's inevitably shut down for being gambling? Isn't this a very real possibility?

Online gambling is legal in many countries.

it's not a gambling company. it's a platform for gambling companies to build on

it's mainly a gambling technology platform not a casino lmfao

reddit.com/user/jezsan

CEOs reddit account should be in every FUN thread so people can read through it and see

And just read his wikipedia page. Dude is in the OBE

This is flirting so hard with 450 sat its killing me fuck just go already.