Past ICOJun 01, 2019 – Jun 30, 2019
Faireum is a public blockchain for the online gambling industry.
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The Gambling industry is plagued by a host of issues and inefficiencies - the result, a lack of trust between players, developers and services providers due to multiple intermediaries, high fees and unintuitive user experiences. There is an urgent need for an overhaul of the whole online gambling system. A major solution to a fair and modern gambling system is a decentralized gaming platform that leverages the advantages of blockchain technology.
Faireum is a public blockchain with a set of protocols, which focuses on the gambling industry and provides a decentralized, low cost, transparent, and secure betting and gambling experience. Faireum uses its own native currency and smart game contract to guarantee a superb and premium betting experience and services in lotteries, sports betting, casino games and other digital games to users. Faireum releases a smart client based on the set of protocols for the creation of a trustful, borderless, secure, and fast online gambling network that benefits all.
The Faireum team is currently developing a platform that will create a paradigm shift in the online gambling industry and solve all aforementioned issues. After the ICO, Faireum will fully implement and run a blockchain-based ecosystem with its own set of protocols, where developers can publish their own Dapps with custom features to meet Online Gambling requirements. The ultimate goal of Faireum is to remove the risk inherent in the current system by making it decentralized, transparent and trustful.
In the traditional and online gambling industry, different kinds of information like the consumption of users, related VIP level, quantity of the win or the professional estimation of capability, are collected and stored in different centralized systems. Data exchange is connected with great difficulty, which leads to problems with the evaluation of virtual assets like ranking, performance, credit, etc.
The Faireum Chain will abstract the protocol for the virtual assets, which will ensure the data structure of the storage and transfer. Virtual assets either from Faireum or from third parties will be stored permanently on the Faireum blockchain.
Additionally, the Faireum blockchain will enable other requirements from the owner of the virtual assets through smart contracts. Through the protocol of virtual assets in Faireum, virtual assets could be transferred or stored easily. Moreover, the game developers and third-party service providers could also design their own module of the virtual assets based on this protocol.
DetailsToken supply: 1,200,000,000 FAIRC
Total tokens for sale: 600,000,000 FAIRC
Soft cap: 2,500,000 USD
Hard cap: 25,000,000 USD
LegalBlockchain Platform: Ethereum
Country limitations: USA, China
Registration country: Singapore
Registration year: 2018
Office address: Paya Lebar Road, Paya Lebar Square, Singapore 409051
Token infoTicker: FAIRC
Token price in USD: 1 FAIRC = 0.05 USD
Accepted currencies: ETH
25 March 2019 ~ 8 April 2019 40% Bonus
8 April 2019 ~ 24 April 2019 30% Bonus
1 June 2019 ~ 8 June 2019 25% Bonus
8 June 2019 ~ 15 June 2019 20% Bonus
15 June 2019 ~ 22 June 2019 15% Bonus
22 June 2019 ~ 30 June 2019 5% Bonus
50% - for crowdsale
5% - for private sale
20% - for rewarding pool
5% - for founders
10% - for team/advisors
10% - for marketing
Faireum ICO Roadmap
Preparations for gambling license
Cross-chain & ZKP RNG design
Game protocol design
Faireum framework design
Test network development
Alpha game protocol
Partial Faireum games development
Faireum blockchain layer development
Faireum wallet development
Partial Faireum games testing
Test network online
Partial Faireum games release
Upgrade main network
Upgrade Faireum wallet
Faireum VM design/development
Completion of the Faireum RNG
Faireum MainNet online
Release Faireum wallet
Release Faireum smart contract
Mainnet token registration
Faireum platform online
Faireum gambling foundation
Faireum environment extension
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