The blockchain industry has exploded and reached new heights of popularity because of the use cases it has. Blockchains are becoming smarter and more specialized. One of the most popular niches in the market is gaming. While the cryptocurrency market is abundant with gaming tokens–tokens that are geared towards a specific blockchain game–FUNToken brings an interesting proposition to the market. It is targeting a new niche in the crypto market–the fun niche. The FUNToken is a gaming token, but it is not focused on one specific game or blockchain but rather on the fun industry.
What is FUNToken?
FUNToken was created by a team of three experts who have extensive knowledge of the gaming and development arena back in 2017. The expertise and reputation of the founders – Jez San, Oliver Hopton, and Jeremy Longley – position the cryptocurrency at a good place in the market because the cryptocurrency market is brimming with subpar tokens developed by newbies. The cryptocurrency was originally known as FunFair but had a recent revamping to FUNToken.
FUNToken is based on Ethereum’s blockchain, which helps it leverage the technological advancement of the queen of the market. However, the cryptocurrency does not just bank on Ethereum’s blockchain but also has an innovative tech stack of its own to supplement Ethereum’s work. FUNToken was designed to facilitate transactions in the virtual gaming world. It is specifically poised towards casino operators, game developers, players, and other agents involved in the niche. Because of the first-mover advantage, the token can become the go-to coin for online gaming and gambling in the upcoming days.
Future outlook
The market for online gambling and gaming has been increasing exponentially over the past few years. Moreover, blockchain-based games have also been shooting upwards. In the past few months, after the bull run subsided, gaming tokens have led price rallies of their own. This shows the potential these tokens carry. FUNToken has a unique placement in the market as it is curated for the whole online gaming and gambling industry. This gives the cryptocurrency a good long-term future potential.
The cryptocurrency is also looking towards increasing its scope of operations. Recently, the project partnered with Travala.com. FUNToken holders can now book flights, accommodation, and other activities on their travel trips. At the time of writing, the cryptocurrency stands at a price level of $0.2037. The price has been declining in the past twenty-four hours; however, the future predictions continue to be bullish for the project.
