FAIREUM: REDEFINING TRENDS IN THE GAMBLING INDUSTRY

in #blockchain5 years ago (edited)

Activities that involve predictions of future outcomes such as betting and gambling has been part of our lives since time memorial. The ancient Roman Empire is widely known for their gladiators who fight in collosiuem where different individuals wager their bets on the gladiator of their choice. However, technology has evolved especially since the introduction of the internet people can now bet at the comfort of their home with various bookmakers of their choice. Some will say betting activities have been redefined and better but there is room for improvement on the current structure and operation of the betting platform and also the way in which individuals will bet on their favorite activity. Enthusiasts of the betting industry need not wait for more time as a unique and better gambling experience is on their grasp with Faireum. Faireum is an open blockchain convention that relies upon a decentralized structure. Faireum revolves around the betting/gambling business through this decentralized structure and offering negligible exertion for betting/gambling exchanges, a transparent arrangement for providers and safe gaming learning for customers. The Faireum blockchain is expected to give these features in a transparent structure.
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Problems Faireum Aims To Solve

With over 1 billion of the world population engaged in betting activities in one form or the order, you have to agree with me that the betting Industry is not short of participants. But due to the centralized structure of many betting platforms, they lack transparency, high commissions on bets, most of them charge withdrawal fees on bet won and fraud issue, lack of privacy of bettors data, the unavailable of competent online casino due to high running cost. The above mentioned are little of the many problems ravaging the betting industry but enough is enough. People are entitled to a better gambling experience.

What Faireum is Offering The betting Industry

The developers of Faireum have strategically analyzed the issues of the present gambling industry and make answers to these issues. In this particular situation, they offer various responses to the issues of the gambling business.

  1. Creating an ecosystem for the betting/gambling business in a sensible and trustworthy way

  2. Minimization of gambling-related frauds.

  3. Gambling data privacy at the highest level due to the immutable blockchain technology

  4. Enabling designers of gambling DApps to benefit with their works viable.

  5. Faireum will create a trustworthy and transparent payment solution inside the Faireum protocols here payment will be made using cryptocurrency fast and efficient.

• Users of Faireum platform will have access absolutely transparent gaming information and unique gambling experience.
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Core Values Of Faireum Platform

High level Of Security: Gambling activities involve money and people will like to secure their funds. Faireum will likewise help makes a decentralized network where clients will have authority over their record and its security by having the private key to their wallet.

Transparency and Trust: Faireum uses blockchain innovation to give a transparent and trustful platform. Faireum will help make transparency in which all exchange and recording will be noticeable to each client.

An Efficient Reward Structure: Users using the FAireum platform will be compensated in other to ceaselessly build up the gambling platform. This will help make mindfulness and will help invigorate the entire ecosystem.

A Tokenized Gambling Ecosystem: Built on Blockchain the Faireum Platform is powered by its native cryptocurrency, which is used as a transactional means within the platform. FIARC is built on etherum blockchain according to Erc20 standards.

Kindly Visit the Following Links To get more information About The Faireum Platform and Token Sale Information.
Website: https://www.faireum.io/
Whitepaper: https://www.faireum.io/assets/files/Faireum_whitepaper2.0_En.pdf
Facebook: https://www.facebook.com/faireumofficialpage
Twitter: https://www.twitter.com/faireumofficial
Telegram: https://t.me/faireumofficial
Medium: https://www.medium.com/@faireumofficial
Github: https://www.github.com/Faireum
Youtube: https://www.youtube.com/c/faireumofficial

Bounty0x Username: Jamisky

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