### What is FUNToken?

FUNToken is a decentralised cryptocurrency designed specifically for the online gaming and gambling industry. It aims to leverage Ethereum blockchain technology to enhance gaming experiences by ensuring transparency and fairness. The project is focused on revolutionising the gaming sector by providing fast, secure, and efficient transaction capabilities.

### How does FUNToken work?

FUNToken operates primarily on the Ethereum blockchain using a Proof-of-Stake consensus mechanism. It is an ERC-20 token, and its transactions are facilitated through smart contracts, which provide secure and transparent dealings within gaming platforms. FUNToken also incorporates a dual-token system with XFUN, which operates on the Polygon network to reduce costs and increase transaction speed, capitalising on the strengths of both Ethereum and Polygon.

### What are the potential use cases for FUNToken?

The primary use case for FUNToken is in the online gaming and gambling industry, where it serves as a mechanism for secure, transparent, and efficient transactions. Beyond this, FUNToken can be utilised for digital payments due to its efficiency and lower fees compared to traditional methods. It is also suitable for use in e-commerce platforms to provide additional payment options, and it can be used for donations to ensure a secure and transparent transfer of funds.

### What is the history of FUNToken?

FUNToken was launched by FunFair Technologies with the intent to transform the online gaming and gambling industries. It had a successful Initial Coin Offering (ICO) in June 2017, raising $26 million in a short span of four hours. Key developments have included the introduction of a deflationary model with regular token burns and the launch of the XFUN token on the Polygon network. Over time, FUNToken has formed partnerships with major gaming entities and expanded its gaming ecosystem, consistently enhancing its technology and market presence.

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