FAIREUM REVIEW

Introduction

The use of internet and innovation of new technologies have brought about the enormous rise and growth to online gambling market. Asia has been seen to be one of the fastest growing iGaming markets in the world while the global gambling industry is predicted to be valued at 1 trillion USD by year 2021.

Despite the increased growth, there are still major barriers causing inefficiency and illegal act within the gambling industry. Barriers like: lack of trust, government regulation, enormous fee and lack of user experiences.

EXISTING BARRIERS AFFECTING ONLINE GAMBLING SYSTEM

Players are being restricted due to geographical location.
Bonuses are withheld
Lack of security of transactions
Players also faces slow processing of payouts withdrawal and at times they are being restricted from making withdrawal.
Risk of fraud
Service providers are been charged high entry fees and hidden fees
Lack of transparency and credibility
Lack of support for blockchain services
It is also costly to run an online casino

To solve the above mentioned barriers, FAIREUM has come to leverage blockchain technology to create a decentralized, transparent, efficient, low cost, secure and user-friendly platform for easy betting and gambling experience.

DISTINCTIVENESS AND KEY COMPONENT OF FAIREUM

Faireum is a public blockchain that is developed to create a decentralized, transparent and secure betting and gambling experience. The Faireum leverages its native token and smart game contract to provide a friendly betting experience and services in sport betting, casino games, lotteries and other digital games.

Transparency: Faireum will help create transparency in which all transaction and recording will be visible to every user.
Secure: Faireum will also help creates a decentralized network where users will have control over their account and its security by having the private key to their wallet.
Reward: Users utilizing the FAireum platform will be rewarded in other to continuously develop the gambling platform . This will help create awareness and will help stimulate the whole ecosystem.
Trust: Faireum utilizes blockchain technology to provide a transparent and trustful platform.

UNIQUE BENEFITS OF FAIREUM

FAIREUM will help provide a decentralized platform that is trustful, secured, low cost, and fast for blockchain-powered online gambling. Below are some of the benefits of faireum;
FAIREUM will help eliminate and reduce the risk of fraud.
FAIREUM will also help to provide an official gambling platform that is based on the Faireum network for a well-structured, secured and transparent betting.
FAIREUM will help provide third parties with transparent and fast service.
FAIREUM helps to provide good and higher payout while also reducing the cost of operating online gambling.
FAIREUM helps to reduce the cost of user account and money management for operators of online casino.
FAIREUM will also enable game developers to monetize their work
Game developers will be able to generate revenue without the need to operate the game after being released.
FAIREUM will allow game developers to benefits from incentivized sharing and value transfer offered by FAIREUM.
The FAIREUM is also designed in such a way that gamers will be able to communicate well and exchange data in online casinos.

THE FAIREUM TOKEN

The FAIREUM Token is an ERC-20 Token built and deployed on the Ethereum blockchain technology. The token will be the native currency to be used to facilitate the ecosystem.

TOKEN SALE

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