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FUN token adds BETR technology and leadership

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FUN token adds BETR technology and leadership
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FUN token is pleased to announce that it has reached agreement with the BETR Foundation to merge both party’s interests and work together to bring decentralised and peer-to-peer gaming to its huge and growing user base.

BETR raised funds in 2017 to build a peer-to-peer betting solution and proceeded to execute, with a fully-fledged betting client launching in time for the FIFA World Cup in 2018.  The technology developed included an in-game betting system with rich market coverage and peer-to-peer betting facilitated through a complex smart contract ecosystem based on the BETR ERC20 Ethereum token.  More recently it extended the system to offer casino gaming.

FUN is now able to take advantage of the technology and expertise developed for BETR as part of an agreement to merge the tokens.

BETR holders will be able to switch their BETR for FUN through an automated swap system which will cause the BETR tokens to be burned in exchange for FUN.  Through an automated swap system BETR tokens will be swapped for Fun at a rate of 4 BETR = 1 FUN – system details to be released within the next week on https://betr.org.  BETR tokens acquired through the swap system will be burnt and BETR will be delisted from exchanges.

As part of the transaction FUN will acquire all technology developed for BETR and key personnel will join the new FUN team, building the future of decentralised gaming.  BETR CEO Adriaan Brink will assume the role of CEO of the FUN token and will grow the team and spearhead the new drive to grow opportunities for FUN.

Brink has a wealth of experience in the online gaming industry, starting in 1995 with lotteries and progressing through all gaming verticals over the past 25 years.  He also co-founded Earthport (now Visa Direct) in 1999 and his payments experience combined with gaming make him the ideal person to take FUN to the next level.

Brink said “I am truly excited to have this opportunity to take what we have learnt and combine BETR with the fantastic FUN community and the huge audience of Freebitco.in in order to deliver on what all of us always dreamt of – a decentralised gaming infrastructure more suited to the modern era”.

FUN will soon announce plans on how it intends to move forwards with a suite of products including side-chain and off-chain gaming engines to counter the issues of Ethereum gas prices, a new casino site with a rich suite of games, and other gaming opportunities including peer-to-peer betting.

Freebitco.in has over 40M users and significant daily traffic and will play a pivotal role in expanding the FUN token user base.  The company intends to set aside a percentage of profits from activities to be burnt on a regular basis which will reduce the supply figures downwards.

3.75Bn of the cold storage FUN tokens were purchased recently by Freebitco.in.  This was the culmination of an ongoing exercise to accumulate tokens for use within their loyalty program.  As a consequence of this, these tokens are no longer in cold storage and the supply figures on Coinmarketcap will update shortly as follows:

Total supply                          : 10,999,873,621
Circulating supply                : 10,298,879,189

Latest News

Week 37/2021 slot games releases

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Week 37/2021 slot games releases
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Here are this weeks latest slots releases!

Yggdrasil, the leading worldwide publisher of online gambling content, has struck gold in its newest Infinity Reels™ hit from Bad Dingo, supplied in partnership with ReelPlay. Bad Dingo’s Golden Haul Infinity Reels™ sees players follow a friendly miner deep underground in search of glittering veins of wealth, as he blasts his way to unimaginable riches. Unique to Bad Dingo, landing the new Infinity Wild symbol extends the wild symbol across multiple reels. Hitting multiple Infinity Wild symbols at once provides for an incredible visual as the dynamite cart driving miner extends across the reels, explosions in his wake.

Yggdrasil and ReelPlay team up for Bad Dingo’s Golden Haul Infinity Reels™

 

Nolimit City is gearing up to release yet another one-of-a-kind slot gaming experience, this time travelling back in time with a blast from the past. Still feeling the effects from their most recent release, Mental, they are now ready to throw their players into a warzone where the battle for gold is in the harsh depths of a sea that swallows anything alive- Das xBoot. Das xBoot presents a 234432-reel set layout, with close to unlimited ways-to-win and a total simulated max payout of 55,200x. The game features the studio’s powerful mechanic, xWays®, along with the comeback of their renowned and perfectly fitting xMechanics, xBomb® and xNudge®.

Nolimit City traverses the dark abyss with the release of Das xBoot

 

 

AvatarUX has exclusively rolled out its eight PopWins™ hit, taking players to the plush world of the most glamourous pigs in town. Set in a glitzy, casino-style setting, PiggyPop™ sees the supplier’s iconic PopWins™ mechanic return, with each win ‘popping’, before the reel height increases and two more symbols take their place. The feature allows the reels to expand to up to six symbols in base play, and eight in the free spins mode.

AvatarUX rolls out eighth PopWins™ hit PiggyPop™

 

 

Spearhead Studios unveils a new visual identity for one of the company’s most popular titles. The Pirates of the Mediterranean has gotten a well-deserved visual makeover and is ready to greet players with an updated look & feel. Pirates of the Mediterranean Remastered is a 5X3 videoslot with ten paylines which is set to bring entertainment levels up. Players will encounter the adventurous pirate captain and his sea maiden in their quest to recover the huge riches contained inside the pirate’s coveted treasure chest. The base game includes random Walking Wilds, which can appear on any of the five reels, and which can also re-trigger.

Spearhead Studios reveals Pirates of the Mediterranean Remastered

 

1X2 Network is taking players deep underground to a mine located at the earth’s core where a team of Dwarves are harvesting rare gems and coins in Dwarven Gems Megaways™, the latest slot to leave its production line and built on the state-of-the-art GECKO framework. The long anticipated first game on Iron Dog Studio’s new framework shows the smooth gameplay and enhanced user interface that 1X2 Network’s teams have talked about in the lead up to this release. The robust and flexible framework is set to form the basis of the portfolio for a long time to come and has been built from the ground up with the end user in mind. Dwarven Gems Megaways™ showcases the best of the framework well and is sure to leave operators and players excited for more content built upon it.

Mine for big wins in Dwarven Gems Megaways™

 

On September 15, 2021, True Lab’s new circus-themed slot made its public debut.
Inspired by carnival vibes, the game is pulsing with flashy visuals, taking players into a careless atmosphere of celebration. The slot offers 243 cascading pay ways, impressive potential winnings of up to x10,000 the bet, and a variety of authentic features. Joining in cascades, the symbols disappear into thin air, like the greatest acrobats and masters of illusion, repeating the act until the last combo on the reels.

New game: Circus Fruits by TrueLab

 

 

Playson has made a scorching addition to its Timeless Fruit Slots portfolio with the launch of Hot Burning Wins. This nostalgic 3×3 title features the classic five paylines which pay from left to right, delivering a relaxed and simplistic playing experience that is appealing to a wide audience. The fruit machine style slot has a premium front-end design with photorealistic fruit symbols that players are accustomed to with Playson’s Timeless Fruit Slots portfolio. The game is packed with quality drawings of watermelons, grapes, plums, lemons, oranges and cherries, along with its top-paying symbols BARs, golden bells and iconic red Sevens.

Playson unveils a classic with Hot Burning Wins

 

 

Blueprint Gaming has unveiled its latest slot Eternal Phoenix Megaways™ that includes the popular Power Play mode, allowing players to have more control over their Megaways experience. For an additional cost, players of this slot adventure are guaranteed a minimum number of Megaways™, offering the chance to experience bigger wins, greater cascades and a higher frequency of triggering the bonus.

Blueprint Gaming gets fired up with Eternal Phoenix Megaways™

 

 

Yggdrasil, the leading worldwide publisher of online gambling content, has partnered with 4ThePlayer to release its latest unique YG Masters creation 10x Rewind™. The title is set to blast players back to the past with the Rewind Time Win Spin mechanic, which reverses time to repeat previous wins. To trigger this unique mechanism, three Win Spin scatter symbols must land, only appearing on reels 1, 3 and 6. Past wins are taken to a new level during this feature, boosted by an increasing win multiplier. Where previous wins do not exist, random wins will be generated.

Yggdrasil and 4ThePlayer transition to a new dimension with time-travelling slot 10x Rewind™

 

Fans of the Dead Series are in for a treat with Play’n GO’s latest release, Ghost of Dead. Ghost of Dead introduces us to the living spirit, Akh. Ancient Egyptians believed that, in death, vitality and soul combine to create Akh, who can take on any form and is free to roam the world. Now, Pharoah Unas’s spirit has been resurrected. Unas uses his new-found magic to guide worthy mortals to his hidden treasure. Players of the Dead Series will see familiarities throughout the game. Ghost of Dead is a classic 5×3 slot; the expanding symbol seen in previous games takes its place here too. This is a game with huge potential as players can win up to x10000 their bet.

Play'n GO awaken Akh as the Dead Series continues

 

BGaming starts the autumn festive season by celebrating Oktoberfest! Fruit Million – the first shapeshifter slot in the brand’s lineup – has converted into a Bavarian-style game! Arranged in the 19th century for the first time, Oktoberfest is still one of the most famous and captivative festivals on the globe! Every year it brings together millions of beer-lovers who have fun on the Munich streets. Due to a pandemic, the open-air Oktoberfest-2021 was canceled but it’s not a reason to miss a bright holiday! BGaming invites players to celebrate it with the Fruit Million slot!

Celebrate Oktoberfest with BGaming: Fruit Million slot changes its look to Bavarian!

 

Pragmatic Play, a leading content provider to the IGaming industry, has cast a line deeper than ever before and snagged a real catch with new release, Bigger Bass Bonanza. A continuation of its hugely popular predecessor, Bigger Bass Bonanza provides players with an extended set of reels and the opportunity to win up to 4000x their stake, virtually doubling the original game’s maximum multiplier value. Based in a neon-lit harbour with tropical surroundings resembling Miami, players will need to keep an eye out for various rewards and prizes. As before, three or more scatter symbols during base play will trigger the Free Spins feature and 10 spins, with any additional scatter symbol adding five spins to the count.

PRAGMATIC PLAY HEADS OUT TO DEEP WATERS IN BIGGER BASS BONANZA

 

 

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Compliance Updates

Northern Ireland Gambling Amendment Bill Reaches Assembly

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New regulations for the gaming industry in Northern Ireland have been introduced this week in the country’s Assembly, significantly amending the current laws.

The Betting, Gaming, Lotteries and Amusements (Amendment) Bill creates new offences in permitting children to play gaming machines and provides powers to impose a statutory levy on gambling operators.

It establishes a mandatory code of practice for licence holders, broadens the definition of cheating to include attempted cheating, makes gambling contracts enforceable in law and permits bookmakers and bingo clubs to open on Sundays and on Good Friday.

The minimum age for minors to play a gambling machine is now 18 and it will become an offence to invite a person below that age to play. Previously, it was not an offence to permit an under-age person to gamble.

The statutory levy on gambling operators will be employed in a manner similar to the practice in England, where the money raised is used for community projects and treatment of problem gamblers.

An overhaul of online gambling legislation will form a second phase of the changes to Northern Ireland’s gambling scene and will follow after discussions.

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Latest News

Remote Working is Part of the Future at Paf

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Gambling operator Paf has implemented guidelines that give employees more opportunities to continue working remotely, even after the pandemic’s restrictions are removed. Employees also have the opportunity to work abroad for up to three months each year.

A sustainable workplace is one of the three sustainability areas that Paf has chosen to invest in and develop. The introduction of various alternatives to working remotely is part of that investment.

“Working remotely is a part of the future and something we want to offer our employees going forward. The important thing is not where an employee sits, but rather that the job is done well – and for that to happen it is important that you enjoy where you do your work,” Christer Fahlstedt, CEO of Paf, said.

All employees who can perform their work remotely have the opportunity to influence how and where they work. Under the new guidelines, they can continue to work full time at the office, opt-in for a hybrid set-up with part-time remote working or in some cases work 100% remotely.

“The balance between work, leisure and family time is incredibly important to each employee. We believe these new guidelines will provide our employees a better opportunity to find the right balance in their everyday life,” Daniela Johansson, Deputy CEO & Chief Responsibility Officer, said.

Those who work for Paf also have the opportunity to work abroad for up to three months each year.

“We have many employees among our staff from other countries who now have the opportunity to work part of the time from their home country. We might also have some employees who would like to try out working from another country,” Daniela Johansson said.

“We are convinced that this possibility will be an attractive feature for Paf as an employer in the future, especially in the increasingly global labour market,” Daniela Johansson added.

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