CasinoFair – Entirely based on FunFair’s blockchain technology
We couldn’t be more excited writing this review. This is the first casino going live being entirely based on FunFair’s blockchain gambling technology. This could have some big implications for all parties involved, specially the online gambling industry. Read our article on this subject if you would like to know more about how blockchain could influence this online business.
Everything including in-game transactions, deposits and payouts is conducted through smart-contracts. Specifically, FunFair’s proprietary Fate Channels, are the main force operating behind the curtains. As we will explain later on this review, you don’t even deposit your money in the casino. You are always entirely in control of your funds.
Deposits and payouts are instant, not because the casino has a state of the art mechanism of carrying out these operations but rather because of how everything is designed with cryptocurrencies.
Getting started requires a supported browser (Chrome, Firefox and Brave), a MetaMask extension and of course some Ethereum (ETH) and FunFair (FUN) tokens. You can buy ETH on an exchange like Coinbase, then transfer it to another one like Binance to change it for FUN. Transfer these funds to your MetaMask address and you’ll be good to go.
Also, if you don’t have one, you will need to sign up for a FunPass in order to be eligible to play in all casinos powered by FunFair technologies. This is a one-time registration.
Mobile playing is available but you will need to use a browser that supports Ethereum’s network, such as Opera, Cipher or Status. Everything is deftly adapted on mobile navigation, with smooth and well designed animations. FunFair is doing a really good job regarding their game mechanics and graphical design.
As things currently stand only players from Canada, Norway, Finland, Switzerland and Thailand are accepted. We’re told by CasinoFair that this list of accepted jurisdictions will only keep growing.
CasinoFair’s games list is not a very extensive one where players spend half their time choosing a game, and the other half playing it. However the game categories include slots, blackjack, baccarat, poker, roulette and dice which should fit the needs of most gambling enthusiasts!
Because of how recent this casino is, and given the fact that they don’t rely on traditional gaming software providers, it’s understandable they have a limited game offer. You can reasonably expect this list to keep expanding.
Like we’ve mentioned, smart-contracts are responsible for running in-game transactions. As such, waiting for results will become a much faster experience. The fees paid per each roll should also be decreased although we haven’t truly noticed a significant difference, neither are we entirely sure of how this is going to happen.
In order to play you need to have both ETH and FUN tokens in your MetaMask wallet. ETH is used to pay the GAS fee for opening up a game session, which happens every time you want to play a game (this includes switching between games). This fee will be considerably low, although fluctuations may happen depending on the network’s congestion.
Players are also offered the chance to choose between three options of gas prices: fast, medium and slow. Coherently, players who choose the fast option will be charged a higher fee but will have their gaming sessions opened faster. The time range between the fast and slow option ranges from a few seconds to up to 10 minutes. For more information on GAS check this page.
Once your game session is running you can use the FUN tokens to play your game of choice.
Provably Fair – FairChecker
As you may have already noticed, CasinoFair’s slogan is “Famous for Fairness“. Ever since blockchain technology has been proposed as a form of improvement to the online gambling industry, game fairness has been a central topic.
Thanks to FairChecker, players can check information about their game sessions, which is always recorded on the blockchain. The blockchain stores this information on a transparent and immutable ledger, which is publicly available. This ensures that no cheating ever occurs.
Deposit & Withdrawal
Aside from the 100% transparency policy, this is a big spotlight for blockchain casinos as well. Things can be entirely summed up in on one sentence: you are entirely in control of your funds. You never transfer any funds whatsoever to the casino. All transactions happen within your MetaMask wallet, which you control. You will only need to confirm whenever you have placed a wager with your funds.
As soon as the game is resolved, which is always done pretty quickly because well… smart contracts, the funds you have won or lost will automatically be deducted. If you win, your winnings will be readily available in your wallet.
If you want to know how to install and work with MetaMask’s browser extension just check their website.
Throughout our experience with CasinoFair we resorted to their chat support multiple times. Both the service quality and the response times never let us down. Dispute resolutions are available and should be resolved within 12 hours. If that doesn’t happen you can contact support via chat or e-mail.
The link between blockchain and online gambling has long been in the making. The launch of CasinoFair marks an important step forward toward a better experience for every gambling enthusiast out there. Clearly there are still some issues that need to be dealt with. Most notably the fees paid for playing a game, no matter how low, and the time that is required to start a game session could prove to be a barrier to new players. Also, there is still no bonus available.
With this said, the blockchain derived transparency, paired with users being in total control of their wallets are a huge plus that could prove to be a fantastic utility to users over time. FunFair’s technology, as well as every blockchain technology out there, are only beginning to grow out of their baby steps. The games are very quick and responsive, and somehow you truly feel a slightly more seamless experience. Being able to cash out on your winnings without having to place any trust in the casino is a revolutionary thing. Blockchain and cryptocurrencies enthusiasts should definitely give CasinoFair a try!
Expect CasinoFair to keep growing and introducing new features. Their future roadmap includes having the option to buy ETH and FUN directly on their website, which could make a real difference.