FairWin

Decentralized online gambling platform that ensures fairness of winnings

FairWin envisions to shift the gaming market into an upright field of activity - more honest than the traditional one and the one of the online casinos. Any player will be able to see the proof that the game combination was generated by a smart contract precisely since it is signed with a unique key. Anyone can open the smart contract code and verify the honesty of the declared return.

CS Score

5.6

Outlook:

Negative+

FairWin – by ,
5.6/ 10stars

Ended

2018/03/11 - 2018/04/14
ICO
FairWin
Token
FWIN
Price
1 USD = 1,000 FWIN
Platform
Ethereum
Accepting
BTC, ETH
Bounties
Available
Bonus
Available
Min. investment
1,000 USD
Soft Cap
6,000,000 USD
Hard cap
25,000,000 USD
Country
Russia

CS Score :

5.6

Outlook :

Negative+

Idea 50%
Idea 7.2
Competitiveness 4.7
ICO 5.9
Team 6.2
Community 4.5
Marketing 2.5
Documentation 7.7
Financials 6.0
Reliability 5.8
Feasibility 4.8

Our team has several key concerns for FairWin. Although the idea of making the casino payout more secure and transparent is promising, there are numerous competitors having a similar business model, each with their own distinctive features. Also, the marketing effort devoted by Fairwin is insufficient to create much public attention in different communities, which can undermine the success of the ICO. The fact that it has not addressed the regulatory issues concerning gambling in different countries adds ambiguity to the whole project.

Idea
Our team considers it an apt application of blockchain technology to improve the transparency of online gambling in the interest of gamblers, which tackles one of the existing issues of the industry.

Competitiveness
FairWin faces ke…

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We are working on a FWIN token that will serve the entire system. Players will use the FWIN tokens for placing their bets while the partners will be able to buy the FWIN tokens on the exchange or use the FWIN tokens purchased during the ICO. The partners will independently assign the value of the FWIN token for the players.

The game algorithms will be done in the form of smart contracts and uploaded to the Ethereum network. The smart contract code will define the game combinations and calculate the winnings. At that, any player will be able to see the proof that the game combination was generated by a smart contract precisely since it is signed with a unique key.

The mathematics of the game wired into the code of a smart contract guarantees the return on the stakes at a strictly defined level. Anyone can open the contract code and verify the honesty of the declared return. Therefore, if the system claims that the return on the game is 96%, it will mean precisely this return value and no person can affect it.

Should there be any kind of intervention, all the participants will become aware of them

Team Members

Roman Morozov
CEO
MBA
 

Andrew Harrington
Marketing Specialist
BsM
 

Tom Bailey
Graphic Designer
BFA
 

Cameron Davis
Web Designer
MSc
 

Alex Svetlov
PR Specialist

Sergey Bolshakov
Developer

 

Mark Peters
Developer
BS
 

Mihai Morosanu
Frontend Developer

Roman Morozov
CEO
MBA
 

Andrew Harrington
Marketing Specialist
BsM
 

Tom Bailey
Graphic Designer
BFA
 

Cameron Davis
Web Designer
MSc
 

Alex Svetlov
PR Specialist

Sergey Bolshakov
Developer

 

Mark Peters
Developer
BS
 

Mihai Morosanu
Frontend Developer

Advisors

February 2, 2014

The birth of mankind

Something really big happened around this period of time. It affected all of humanity. That explains everything.

February 2, 2014
May 10, 2015

The birth of mankind

Something really big happened around this period of time. It affected all of humanity. That explains everything.

May 10, 2015
June 21, 2016

The birth of mankind

Something really big happened around this period of time. It affected all of humanity. That explains everything.

June 21, 2016
May 2018
FairChannel (beta version), 3 slot games, European roulette
May 2018
Jun 2018
7 slot games, American roulette (10 games in total)
Jun 2018
Jul 2018
11 slot games, blackjack (21 games in total)
Jul 2018
Aug 2018
FairChannel (release version), 16 slot games (37 games in total)
Aug 2018
Sep 2018
21 slot games (58 games in total)
Sep 2018
Oct 2018
30 slot games (88 games in total) Game licensing
Oct 2018
Nov 2018
40 slot games (128 games in total)
Nov 2018
Dec 2018
45 slot games (173 games in total)
Dec 2018
Jan 2019
Sharing the platform with the partners for implementation.
52 slot games (225 games in total)
Jan 2019
Feb 2019
Issuance of the FWIN tokens on the cryptocurrency exchange.
59 slot games. Lottery, sports betting (284 games in total)
Feb 2019