If you’re into online gambling, then chances are you already know about FUN tokens. You might already be a seasoned trader in them.
But on the off chance, you are a newbie in the industry, then this article is just for you. We’re going to break down everything you need to know, and how to get the news about them daily from fun token news.
What is a FUN token, anyway?
Pretty relevant question if you plan on taking online gambling seriously.
FUN token is an ERC02 token- based on the Ethereum blockchain. It was created by FunFair Technologies in 2017. FunFair Tech intended to create an atmosphere of decentralized gambling, through the promotion of a common standard token.
Issued at $0.07 per bitcoin, it managed to earn $26 million in 24 hours. Impressed by its potential, a vast majority of Bitcoin developers and traders have made ERC02 their standard for all other bitcoins.
Not everyone can create tokens of their own free will. If that was the case, Bitcoin would plummet in value once tokens flooded the market. If everyone has it, no one will want it.
If you know business, you know what an IPO stands for. Initial Public Offering is done by businesses once they go public. In the same way, in crypto, there is a process called ICO that stands for Initial Coin Offering.
Investors can buy into the ICO and earn tokens that have a tangible asset as surety- a part of the company’s facility or utility.
If all this has piqued your interest, then you need to know the place to get your predictions so that you win big. FUN token news is the place to go. You’ll get the latest news, predictions, gambling rates, and much more. Don’t miss it!