We take a closer look at one of the longest running gambling dapps
Gambling remains the largest single dapp category on DappRadar. With 1,027 or 30% of all dapps tracked at the time of writing sitting in the Gambling category.
In the main, these dapps are concentrated on the EOS and especially the TRON blockchains. Although some gambling dapps, such as CasinoFair also successfully run on the Ethereum blockchain.
However, because they are so simple and quick to make, it’s difficult for gambling dapps to sustain a loyal audience. Gamblers are always on the lookout for new and potentially better opportunities to make money.
Some gambling dapps on the other hand have successfully built strong audiences. Employing intelligent game mechanics such as daily bounties and rewards to keep users engaged.
CasinoFair provides a good example of a gambling dapp that has ridden out various highs and lows within the decentralized app and wider cryptocurrency world.
As pointed out. The overall number of blockchain-powered casinos existing in the space is bulging. This means the landscape is a difficult one to enter and create a leadership position.
One such prominent blockchain casino platform is CasinoFair. Created by FunFair, the casino has managed to establish itself as a popular name in the industry.
FunFair was created in 2017 by igaming veterans Jeremy Longley, Oliver Hopton, and technology entrepreneur and investor Jez San OBE. Since then it has expanded to become one of the largest and most experienced teams in blockchain gaming.
Numbers don’t lie
Looking at the overall user and volume data as tracked by DappRadar a clear and steady user trend line can be seen. It appears the dapp has successfully retained users over time as well as attracted new ones.
Over the last few weeks, we can see that the rebrand, re-design, and further promotional activities have caused a noticeable and sustained increase in users.
In the last 7-days, we observed a volume of $3.2M and 291 daily active unique wallets.
Famous for fairness
The platform claims to be the first casino that is 100% provably fair and has a successful network in 22 countries across the globe. The portal is governed by the government authority of Curacao, which makes it legally fair too.
The strapline ‘Famous for fairness’ is indeed a bold statement to make but FunFair makes the following comment;
“If it sounds like a big claim, that’s because it is. We’re confident we are the fairest casino out there. Combining cutting edge technology with the benefits of blockchain, CasinoFair goes beyond anyone else to ensure your fairness.”
Given the long-running status of CasioFair – customers seem to be happy.
In late 2019 CasinoFair underwent a design and aesthetic overhaul that included a new logo and brought users a new more streamlined experience incorporating gameplay, promotions, and future features still yet to be launched.
CasinoFair stated that they performed the changes after gathering extensive player feedback and analyzing behavior trends. Which they stated were considerably different from usual user behavior and demands.
With a predominantly young, male player base, the new logo is more in-keeping with the blockchain sector and further away from the traditional, dated imagery often associated with land-based and traditional igaming companies.
CasinoFair: How to play
Users first need to own the in-game FUN token to fully appreciate and access the wide range of games available in CasinoFair. Here are just a few of the games on offer:
Poker – There are four different varieties of poker on the CasinoFair platform, namely three card poker, Hi-Lo Caribbean Stud, and Let It Ride Poker.
Baccarat – Baccarat is a popular card game played in casinos worldwide. It is a comparing card game that involves two parties, the player and the banker. At CasinoFair, the game is known as Baccarat VIP and provides special rates and odds.
Blackjack – One of the most popular card games, Blackjack is played between a player and the dealer. The edge given at CasinoFair is a meager 1%, which increases the chance of winning for the players. It is also a VIP game and is studded with special odds and promos.
Slots – Players get a chance to spin the reels with interesting titles such as Shamrock Riches, The Great Cheese Heist, Fun Mountain, or the popular, Fate of Thrones. These can be tried for free and without limits until the player decides to invest real money or not.
The best way to learn all the basics and get started is to head over to the official Youtube channel where they have created a series of educational and instructional videos to help new users.
We will continue watching this space. Make sure you bookmark DappRadar and sign up to our newsletter below to get updates direct to your inbox.