FUN Token, recently launched its latest set of features and novelties that will additionally improve the online casino and gaming experience.
Their new suite of digital items and assets includes the new XFUN Token, XFUN wallet, and XFUN Casino. All of them are hosted on Polygon, which is an interesting upgrade from the previous FUN Token hosted on Ethereum.
With this move, the company behind FUN token will try to bring decentralized gaming into the mainstream. Their 1:1 ratio between $XFUN and $FUN provides a seamless transfer of assets on their new wallet, which works with the lowest fees possible in the industry. The platform is available for both Android and iOS.
Polygon also provides much faster operational speeds, which is essential for casino games. XFUN overcomes Ethereum’s scalability problems and lets players control their funds in real-time as they play. The XFUN wallet is non-custodial, which means the user is the only one who controls where their funds are at any moment.
Swapping between FUN and XFUN should be highly complicated, knowing that they are hosted on different blockchains. It’s not, however. The company introduced an entirely new tokenomics by extracting FUN tokens from Ethereum when they are swapped against XFUN. This takes Ethereum tokens out of circulation and creates a dual asset deflationary ecosystem.
The new XFUN is available at the DPlay Casino and in the new XFUN Casino. It’s the same for the FUN Tokens; they are available in both places, helping the ecosystem grow simultaneously.
“I’m pumped to be delivering the XFUN ecosystem as per our roadmap. Providing the ability to dip into disparate operators in the conventional way and in the Metaverse is what our 300k+ and growing community is looking for. Removing gas with the XFUN Wallet is key to this,” said Adriaan Brink, CEO of FUNToken.
“We are thrilled to support FUNToken, the largest iGaming community. By leveraging Polygon technology, they will be able to scale up and deliver a smooth on-chain gaming experience to players now and in the future”, commented Steven Haynes Bryson – VP Head of Business Development at Polygon Studios.
“Bringing their users to Polygon will help to further position Polygon and Polygon Studios as the leading platform for blockchain gaming. We support their vision of a decentralized, player-centric Web3 Gaming category”, concluded Steven Haynes Bryson.
With over 300,000 users and counting, FUNToken is the leading iGaming token in the world. Based on the Ethereum blockchain, it was created as a fast, transparent, and truly fair transactional solution for iGaming ecosystems and players alike.
Supported by a robust development team and helmed by CEO Adriaan Brink, FUNToken’s objective is simple: harnessing the power of blockchain tech to create trustless ecosystems that users can rely on and operators can implement seamlessly.
Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 7000+ applications hosted, 1B+ total transactions processed, ~100M+ unique user addresses, and $5B+ in assets secured.
If you’re an Ethereum developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure transactions for your dApp, get started here.
ABOUT POLYGON STUDIOS
Polygon Studios is the Gaming and NFT arm of Polygon focused on growing the global Blockchain Gaming and NFT Industry and bridging the gap between Web 2 and Web 3 gaming through investment, marketing and developer support. The Polygon Studios ecosystem comprises highly loved games and NFT projects like OpenSea, Upshot, Aavegotchi, Zed Run, Skyweaver by Horizon Games, Decentraland, Megacryptopolis, Neon District, Cometh, and Decentral Games. If you’re a game developer, builder or NFT creator looking to join the Polygon Studios ecosystem, get started here.