FunFair (FUN) was a once-promising digital asset which somewhat went out of favor. Due to low volumes, and the potential relationship with the gambling industry, FUN was delisted from Bittrex. Later, the Exodus wallet dropped the asset from its built-in exchange.
FUN was shaken down in the latest altcoin drop in prices, down more than 19% in the past seven days, and sliding 11% in the past day to the $0.04 range. FUN went up as high as $0.18 in the December spike. In the past month, FUN inched up very slowly, gaining roughly 25% in both Bitcoin and dollar prices.
!FUN!
But now, the project is showing signs of speeding up, by especially targeting the Asian gambling markets. Possibly the more liberal regulatory climate, along with Asian exchange adoption, may help boost FUN.
For now, FUN trades on Binance, but low volumes and a relatively low public profile sees the coin drift at low prices. The high supply is also a problem in cases of rapid selling. Volumes are, however, becoming slowly more consistent for FUN.
One of the flaws for this project is the long time after the ICO with no product launch. But now, the closed beta version is open to limited users:
https://twitter.com/FunFairTech/status/994636687044034560
Additionally, the FunFair team is making the rounds on Asian gambling technology expos.
https://twitter.com/FunFairTech/status/996368265868955649
The developer and marketing teams are also reaching out to the community with development updates, planning to perform regular update sessions.
The aim of FunFair is to open up the gambling industry, by offering a native token and a platform where anyone can launch an online casino.
This article appeared first on Cryptovest
