05/09/18

It’s been a busy few months as we’ve continued towards meeting our Q3 goals and delivering a product ready for launch. This process has seen the platform optimised with a number of innovations and releases, brand new content and various external tools and products integrated.

Product and partnerships

Here’s what you may have missed:

Beta update

Live beta has continued on Mainnet with our team of community testers continuing to assess new features and implementations on the platform. We continue to release updates at regular intervals as we progress through beta testing, with our industry first KYC solution, FunPass, the most recent feature to be added.

We will continue the beta testing of the platform right up until launch with the feedback from all testers providing invaluable feedback.

Casino launch progress

As stated in our previous company update, the target for the first FunFair-powered casino to go live remains Q3. To this end we’re pleased to announce we have been granted a Curaçao operating licence.

Significantly, the awarding of this licence will allow the FunFair subsidiary to launch its live casino later this month. There has been a huge amount of work taking place to create and develop a website and brand, and we’ll give you the first preview of what’s to come very soon.

Licensing

Along with our successful Curaçao application, we are also making good progress with our other Tier 1 license applications. We have held further constructive face to face meetings with the Gibraltar Gambling Commissioner and will meet with various government officials later this month to discuss licensure in the jurisdiction, while we have also started the process of submitting a licence application to the Malta Gaming Authority.

UKGC

Further to feedback received from the Gambling Commission throughout the course of the application process, as well as ongoing legal advice, we have decided to withdraw our application for a Remote Gambling Software Operating licence in the UK.

The UK domestic market is, in the short term at least, is not a jurisdiction that the business is interested in supplying into.

Additionally, the risks posed by Brexit are such that we believe it would be better to avoid triggering a licensing requirement in Great Britain, and to expedite our expansion into new development hubs around the world.

We are therefore excited to announce that we have opened a Dublin office, where we have relocated a part of our development team to work on the gambling software element of the Funfair platform.

This opportunity will allow us to tap into a quality jobs pool of some of the best developers around in one of the most innovative tech centres in Europe. We will be based in the Grand Canal Docks area, often referred to as Silicon Docks, and be neighbours to the likes of Facebook, Google and other innovative tech companies.

Events

We continue to work hard to spread the word and present our game-changing solution to those within the mainstream igaming industry as well as the blockchain community. We have attended conferences in various countries across Europe including Barcelona and Amsterdam, as well as presenting at events across the Atlantic in the US.

You can catch up on some of our panel appearances via our Youtube channel.

In the coming months we plan to attend various international gaming and blockchain shows, and we are excited to be sending 20 of our team to Prague for Devcon 4 at the end of October, as well as attending the Malta Blockchain Summit in the first week of November.

Recruitment

The last quarter has seen us continue to grow, adding various new hires as we scale up our operations in time for what’s set to be a busy few months. It has also seen COO David Greyling leave the company in recent weeks after almost a year at FunFair.

His responsibilities have been assumed by the founders and wider management team, and we’d like to place on record our thanks to David for his efforts during his time here.

Our ongoing recruitment drive has seen the hire of two senior personnel who will add considerable expertise to our management team, with Lloyd Purser joining as SVP of Business Development from Scientific Games, and Fred Kessler, previously of Gamesys, as VP of Product. https://funfair.io/team-update-funfair-bolsters-senior-team-with-two-new-hires/

We’ve also added a number of senior software engineers and game designers as we look to appoint the best of the best in the gaming and blockchain industry – https://funfair.io/meet-the-funfair-team-find-out-more-about-our-recent-hires/

If you would like to become part of the FunFair team then check out all of our current vacancies here: https://funfair.io/careers/

We’re going live!

Watch out for more good news in the near future as we announce further details of the first FunFair-powered casino. Please keep checking our social channels and blog to hear all this first.