5% weight

The FAIRC is an ERC 20 token on the Ethereum platform. Going with an industry standard is a positive in my view for this type of project.



Faireum has a very strong core team in terms of experience, division of labor

and commitment. The members all have LinkedIn profiles that are current and most include their Faireum role prominently in their profile. There is also additional industry experience or subject matter expertise beyond Faireum.



There are 4 listed Advisors and they have relevant credentials in the fields of the ICO particularly iGaming and Blockchain advisors. I expect this group will grow.



Vision

The vision described using best practices of Bitcoin, Ethereum and Hyperledger

integrated with a DPos consensus algorith is clear and noteworthy. But the major

issues including lack of trust, regulatory framework and retrictions on marketing

and advertising make the gambling sector a higher risk. This is further complicated by

blockchain and cryptocurrency in terms of the impact of adoption, conversion and scaling.





Like most developers in the space Faireum has no track record with off-chain gambling success. There is no mention of owning an off-line casino or providing online services to existing businesses, players or regulators in the gaming or gambling industries.



The MainNet is not projected to be online until 2020 Q3-Q4 and many things can

happen during this interim period both internal and external to Faireum to negatively impact the project. With the restricted areas including USA and China the pool of participants is considerably reduced.



The Project Roadmap began in 2017 which is not very long for an effort of this magnitude.



Product

The technical description of the Faireum protocol including smart contracts based on WASM to deliver a decentralized gambling experience are very intriguing.



There is no beta product available or mentioned in the public information.



There are innovations described for the "Faireum blockchain" that are uniquely tailored for the gambling industry. The described efficiencies in speed, Rewarding by Contributing (RCM) and the "double-layer" structure will bring notable advances if they can be delivered.



In addition the 37-page whitepaper states "Faireum solves the two biggers issues in the online gambling industry related to money laundering and tax avoidance". This will be welcome news to international regulators if executed successfully and provide media exposure.



When I look at their github repository for smart contracts I see 1 branch, 34 commits (most recent 3 days ago) and 1 contributor listed https://github.com/Faireum/smart-contracts



The social community is low to fair which might be expected at this point.

YouTube - 55 subscribers

Twitter - 1823 followers

Facebook - 1503 likes and 1990 follows

Instagram - 116 posts and 118 followers

Telegram - 6494 members



I found the [ANN] thread on Bitcointalk (read 342 times) at:

https://bitcointalk.org/index.php?topic=5107738



There is no blog or press room on the website. There are a number of media logos (some with links) and a number of "partner" logos (no links) for whatever value that adds.



There is a lot of money and growth in the online gaming ang gambling space.

We will see if Faireum is able to capitalize.

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