We were delighted to welcome our guest from FUN TOKEN. The AMA took place on October 13th, 2021 and our guest was @bigbasher .<\/p>\n\n\n\n
The total reward pool was 500$ and\nwas divided into three parts. In this AMA Recap we will try to summarize some\nof the most interesting points for you.<\/p>\n\n\n\n
Gold\nRocket | Satoshi Club: <\/strong>We are with you again, our dear Satoshi\nClubbers! We are pleased to announce AMA with FUN token. Today our guest is @bigbasher<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>Good day everyone!<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>And than ks for having me<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>Hello and welcome to Satoshi Club😍<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>Thanks for joining😊<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>How are you doing?<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>I’m great thanks! Been a busy day\nbut I’m all yours now<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>and we are yours 😁🥰<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>Let’s start! Introduce yourself please. How\ndid you get to be involved in crypto & \nFUN token<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>I have been in online gambling since 1995 and more recently in crypto\nwith the launch of BETR in 2017<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>BETR and FUN set out to achieve very similar objectives so when the\nopportunity came to combine forces I was happy to do that<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>yeah – we all look a bit older now!!!<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>The old school is coming! 🔥🔥🔥<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>An experienced player can only improve new things😉<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>so FUN is a token that set out to change the face of gammbling by moving\nmore elements of the transactions onto blockchain, and ultimately reduce the\nreliance on the custodial element of gambling<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>excuse my typing!<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>Give us a brief introduction to the project.\nWhat is the essence of FUN token.<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club: <\/strong>Don’t worry😃<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>it sounds very ambitious😁<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>basically we look at how to improve the online gambling ecosystem by\nmoving control of players funds into their own hands, and where possible put\nfunds that are in escrow (eg. a bet has been placed and not resulted) onto\nblockchain rather than into an operator’s wallet<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club: <\/strong>Interesting features, why did you name it FUN token?<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>by removing the friction in the ways that funds move we are able to\npresent a more robust mechanism for players and put the control over players\nfunds where it belongs<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>Because its FUN!!! Online gamling is entertainment – we seek to broaden\nthat entertainment over timem to cover other opportunities (such as travel with\nTravala)<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>Also we would like to know more about your\nteam. Who is on the project team core?<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>But above all – lets have some FUN<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club: <\/strong>Very representative name 😁<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>great sense. I think you are very funny guys 😁<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>We have a relatively small team but it is growing quite fast. I am CEO and currently running tech as well\nalthough we are hiring a CTO. We have a\nteam of developers that originated fromm BETR and a great marketing team as\nwell<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>we also have a number of well known and experienced members on our\nadvisory board<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>Is your team anonymous?<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>such as Eric Benz – who has been in crypto since the start, and Simon\nCollins – a pioneer in online gaming<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>no – please check the website for names and bios – we dont pout the\nentire team there but you can see key members<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club: <\/strong>How long ago you create the project?<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>both FUN and BETR started in late 2017 but have had a revamop<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>revamp with the merger of FUN and BETR<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club: <\/strong>Well, we are excited to know more about it. That’s\nwhy we received a lot of questions from our community members<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club: <\/strong>Ready to proceed with the first one?😃<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>I’m happy to answer as many as I can<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>sure thing<\/p>\n\n\n\n Q1 from Telegram User @Ask4Unik<\/em><\/strong><\/p>\n\n\n\n FunToken launched the Dplay weeks ago and can\nalready boast of over 53,000 users,and this platform can allow you generate\nrevenue that can burn 5 million tokens,and it promises to allocate 50% of all\nin house gaming profit to burn fun tokens.My Question is,does this improvement\nbenefit just the cassinos and gaming centers?Or will it benefits all those who\ninvest in the fun?And what other way will also attract more players to join\nFunToken platform?<\/em><\/p>\n\n\n\n Adriaan\nBrink: <\/strong>FUN is all about utility in gambling and dplay was launched as a testbed\nto prove that and continue to work on the model. Our learnings from dplay will go into the new\nXFUN casino and continue to help us shape the offering.<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>Profits are being put back into the community through the quarterly burn\nprogram with the remainder being used to expand the marketing and reach of the\nFUN ecosystem<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>Fundamentally, the more that FUN is used the less it is traded (and\nconsequently the better for the price)<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>Does that make sense?<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>it is a very logical system and it justifies\nitself<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>Ultimately the usage will drive the price not trading and BTC prices<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>Thanks for your answers! Do you want to add\nsomething or we can proceed to the next question?<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>lets move on<\/p>\n\n\n\n Q2 from Telegram User @Billz120<\/em><\/strong><\/p>\n\n\n\n XFUN CASINO- We are meant to understand will launch\nin Q4 2021 and feature a richer game selection and enhance functionality and\noperate in XFUN from the outset. Could you tell us when exactly in Q4 2021 XFUN\ncasino will be launch in view of the fact we are already in Q4 2021?<\/em><\/p>\n\n\n\n Adriaan\nBrink: <\/strong>We will launch XFUN Casino by latest end of November but hopefully\nsooner. It is going through regulatory\napproval with the gaming licensor at the moment.<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>It will be a lot bigger than dplay and have a much richer selection of\ngames<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>it’s very soon .. but you’re right, all legal\nrules must be followed.<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>Its going to be FUN!!!<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>Didn’t even doubt😁<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>Thanks for your answers<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>There are loads of other announcements on the way regarding further\ncontent but I cant pre-empt them<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>we are very busy!<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>\u0421ould you tell us please about your tokenomics\nbtw<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club: <\/strong>Of course it will🥳. Btw,\nwhere and how can we earn the token?<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>Fixed supply which is decreasing with our quarterly burns<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>currently just north of 10Bn tokens<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>but the more interesting bit is yet to come with the launch of XFUN on\nPolygon – this will have a significant effect on the supply of FUN<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>yes you seem to want to use layer 2<\/p>\n\n\n\n Adriaan Brink:\n<\/strong>currently the majority of tokens are in the hands of some large\ninvestors, a substantial amount (500M+) locked into the freebitco.in premium\nmembership scheme and a similar amount staked in binance in the savings plan<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>yes – it has to happen for us to get the usability that I want<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>I like that you are the person who understands\nexactly what he wants😁<\/p>\n\n\n\n Adriaan\nBrink:<\/strong>\ud83d\ude42<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>Thanks for your answers<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club: <\/strong>Btw, could you share your roadmap? We want to check\nit in detail😁<\/p>\n\n\n\n Adriaan\nBrink: <\/strong>I know where we are going<\/p>\n\n\n\n Adriaan Brink: <\/strong>https:\/\/funtoken.io\/about\/<\/a><\/p>\n\n\n\n