The FairWin team has developed a decentralised gaming platform based on the Ethereum network and original games with bright graphics, interesting plots and nice animation.
Since 2008 the FairWin team has been creating games for online casinos. During this time they have deeply researched online gambling and the main problems of the industry.
Problems of the gambling industry
At the moment there is a serious crisis in the online gambling market because of distrust between players and game organizers. Organizers of online games and sports betting manipulate winnings to maximize their profit. Denials in prizes to winners also take place. The owners of online casinos can cheat players because the game process data is stored on a centralized server and hidden from the players.
The only thing that can change this situation is the blockchain technology. Thanks to it, the developers are now creating decentralized game platforms, providing transparency and fairness to winners. One of such platforms has been developed by the FairWin team.
The problem with the blockchain-based casinos is that transactions take a long time. All players know this awful feeling when your favorite game stops at the most interesting moment. FairWin has solved this problem by creating FairChannel. It is a data transmission channel which makes transactions faster.
Unlike the other blockchain platforms every spin and bet on the FairWin platform takes place not on the Ethereum system, but inside the special open data transfer channel – FairChannel. The player conducts only two transactions on the Ethereum blockchain – at the beginning and at the end of the game. All other actions are recorded inside FairChannel.
FairChannel provides the low cost and high transaction speed of every game action on the FairWin game platform.
The FairWin company also creates bright casual games for online casinos. The first slot game of FairWin is about a magic tree. In Scandinavian mythology, Yggdrasil is the Universe Tree. Players, by landing special symbols on the reels, will need to accumulate magic mana and grow the tree. The game prototype will be published on the project’s site. Two more games are under development right now – the “Top Drop” game about Colombian smugglers and the “Back to the 90’s” slot in the style of the 90’s fightings.
All bets in the FairWin games will be made only with the FairWin tokens called FWIN. The players will make bets and receive winnings in these tokens. Online casinos and game developers creating games on the FairWin platform will make profit in the FWIN tokens, too.
The FairWin company will start the token sale on the 7th of July, after launching the prototype of Yggdrasil. 1000 FWIN tokens will be sold for 1 USD.