FAIREUM | DIGITIZING THE GAMBLING SYSTEM

The gambling industry has been in play for a very long time, in fact, it is even the most recent trend, and believe me, it is attracting a lot of traffic to itself, as a great number of people take part in this exercise in order to enjoy it's great benefits.

But, the gambling industry is flawed with ineffectiveness and inefficiencies in different areas.
One of the most disturbing and alarming challenges crippling the gambling industry is the total mistrust of the participants in this industry, as the players and even developers do not trust each other.

It is very obvious that trust is one of the greatest tools in running an efficient platform.

So tell me how the gambling industry is going to move forward on this troubling case of lack of trust.

That's not all, in fact that's just a piece of the iceberg when it comes to the plagues affecting the gambling industry.

Another is the high charge the users are expected to pay for participating in the process, and the unintuitive user experience, which makes it a bit for the users to excel in the gambling industry, as one can rarely excel in what he or she does not understand.

Now this calls for a more efficient solution out of this impeding setbacks.
Let's look at how FAIREUM plans to lead the gambling industry out of this lapses.

FAIREUM, A DECENTRALIZED GAMBLING BLOCKCHAIN

#Faireum is a fully decentralized online gambling platform which combines the blockchain technology and its decentralized nature, to make sure that the gambling industry is lifted above setbacks and attains a great height characterized by total efficiency and productiveness.

Faireum will ensure that it runs a lucid, cheap and secured framework, for the users to enjoy the gambling industry and have a wonderful betting experience.

This is really a story changer for the gambling industry as well as the users too.

Let's see how faireum is going to achieve this proposed fit.

FAIREUM'S APPROACH

Faireum has established a public blockchain based platform which adopts the Byzantine fault tolerance proof of stake (BFT POS), in order to ensure the verification of transactions in the system.

Faireum plans to leverage the online gaming to ensure that the online gambling reaches its full potentials.
The Faireum platform has made it possible for developers to create and incorporate the online gambling activities into the Faireum decentralized system by providing the necessary technologies.

Let's take a close look at some of the online gambling activities or gaming that will be made available in the Faireum platform.

• SPORTS WAGER OR BETTING

Here, the participants wager or bet on sporting events and predicts their outcome.
There are a lot of sporting events for the users or participants to choose from, such as; football, hockey, basketball, baseball, boxing, even track cycling and a lot more.
Faireum will make it open and easy for the participants, and it even supports a C2C (Consumer-to-consumer betting between peers), and a B2C (Business - to - consumer gambling) e.t.c

• CASINO

Casinos encompasses different varieties of gambling activities, the participants bet by playing a game of chance and in turn enjoys the wins thereof.
Some of this games are roulette, poker and blackjack.

The Faireum platform provides both an online and offline casinos and ensures a maximum efficiency of the system.

• LOTTERY

This is a game where numbers are drawn at random for a prize.
The Faireum platform uses the blockchain's smart contract to provide random numbers to ensure a fair gambling.

• DIGITAL GAMES

Digital gaming has been for long a very popular activity all over the world, Faireum will make it even more beneficial to the participants by using it's blockchain technology to perfect it.

• OFFICIAL GAMES

This great gambling platform also offers officially produced games.
These are games developed in the platform, to make it even more accessible for the users.

• INNOVATIVE BLOCKCHAIN-BASED GAMES

These are better advanced games which is rapidly becoming the order of the day.

Faireum blockchain platform will ensure that the games are operated in a highly secured environment, in order to avoid hacks, and will also make the gambling in the system more trustworthy.

To make it a lot more better, Faireum has more benefits to offer it's users.

BENEFITS OF FAIREUM PLATFORM

• Faireum will solve the problems of withholding bonuses and hidden fees by running a totally lucid or transparent operation.

• It will reduce the risk of fraud by making use of it's blockchain technologies to verify transactions.

• It will also benefit the game developers or producers by giving them the opportunity to monetize and gain from their games.

• Faireum is here to make sure that a fair gambling activity is ensured.

TEAM

ROADMAP

Token Details

CONTRACT ADDRESS

CONCLUSION

This is a great news for both the participant, game developers and every other body in the gambling industry, as the Faireum public blockchain will use it's technologies and decentralized nature to ensure fairness.

Useful Links
Website
Whitepaper
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Writer: Depedro
BountyOx Username: Cosmicart