Crypto public blockchain Faireum is all set to change the dynamics of the online gambling platform. The disruption is with respect to public blockchain where the issues shall be resolved by which are “a decentralized, low-cost, transparent and secure gambling experience.”

Online Gambling

Ever since gambling took the online format in 1994 in Antigua and Baruda, Microgaming becomes the first company to develop and operate an online casino.

Evolved standards in online gambling industry have meant that there are any numbers of issues as well. In an interview with Coin-otaku’s CEO, Ishihara says,

“Faireum Ishihara aims to solve problems in the gambling industry and realize equal opportunities. We will be able to change because it is a unique model that can gather wonderful talent and diversify risk.”

Real world economies are central to the discussions here. Transparency, security, decentralization have guided cryptography as well as the P2P connections are new-age solutions for industries in the traditional systems.

This is where Faireum will step-in to disrupt online gambling.

How will Faireum make things Fair

Open-source DApp development kit and transformed business model are what Faireum are exploring. In doing so, both coin holders and investors are likely to use the ecosystem even if they have no previous exposure to participation in online gambling itself. It combines crypto and online gambling, ensuring gambling is more than just a game which is played by chance.

According to CEO Coin-Otaku, Faireum a gaming platform attracts gaming operators, but in the present revenue model, the traditional gaming site will not obtain large returns on gaming operators in terms of fees and expenses.

“Therefore, Faireum (Fairiam) will focus on attracting users. Since users place importance on the abundance of games, security, safety, etc., the number of users depends on the capabilities of the platform. By further improving the benefits for gaming operators and the benefits for users, the fee as revenue from Faireum will increase and the business will function more,” says the gaming expert.

“Since the beta version has been completed, we are preparing to deliver it to users,” says the CEO of Ishihara. The asset market provides negative images with market price and provides compliance as well as regulations in the industry. The CEO has also proposed an ICO to receive funds, in recent times.

Ishihara concluded the interview thus, “I am looking forward to the day when the blockchain game reaches the user by activating the platform.”