Topic: Funfair and Edgeless? (Read 1929 times)

I think these two projects came before their time, there are the two forerunners in the Gambling bucket but were able to gain subsistence attentions, if you looked at the amount of attention shift that the gambling tokens have gained this year you will understand that they both came before their time, I think both projects were able to raise some money, I can't say this is what they do with the funds

What has happened with it happens with most other altcoin project which don't have good fundamentals. In current market scenario where having a strong foundation and team is the most important thing an altcoin must have to be successful. We have seen many project that performed really well in the past lose ground to their competitors. Something like this must have happened in here as well. The more time passes, people move into new projects that offer the same services with better opportunities.

What happened to both of these coins?  They are less than $0.01 each?

Those coins dumped so hard and they are gone. That's why those coins worth a few pennies right now. You can even try to visit on their site to know what new dewvelopment that already made and you will find nothing about those tokens.

The platform already become a failed one but it's not operating again for now and you can see the chart here https://dappradar.com/ethereum/gambling/edgeless
I have seen this platform was still alive last year but it seems like this platform is completely dead right now.

Until now the price of the edgeless I see is still a few cents and there has been no increase at all.
Is edgeless over.?
So that there is no further improvement and development until now.
Do you also save from multiple edgeless.?

Just took a look at these coins again.  It's a penny for each of these coins.  Does anyone know what happened to edgeless?  I remember at one point it was over 3 dollars. 

Must be the reason why it dive this low, from $0.70 last 2017 to $0.016 today, its a mess. There are tons of casinos to invest today which is comparably better than funfair actually, although this time is a good time to invest since it had touched rock bottom but the casinos in TRON are far faster than the ones using ETH.  Funfair casino is nothing but an undeveloped casino, the newer ones are built to run quicker and to dominate.

Oh that why its hard for them to continue the development becuase they are  funds lost from it. But they should continue adding ETH to use to play so it can help to sustain more earnings from the gambling sites and attract people using ETH to try it.

Ethereum acceptance was in the whitepaper but a large part of the ETH raised in the ICO was stolen because of a bug exploit in the Parity wallet's multi-sig contract. So, they decided to exclusively use EDG tokens for the casino.

Is edgeless only accepting EDG token to play or you can also use other currency like ETH,BTC?
I think the only problem edgeless has is demand they do not have demand . So if they accept ETH and BTC to play there they can give % profit to buy back the token from exchange then burn it, in that case price of  token will increase slowly even without enough demand .

They have low marketcap and less demand platform so it will hard to raise again. Because many investors are move to some other platform also so those are invest in this platform waiting for upcoming Bitcoin hype, all the altcoins are raise again on Bitcoin way so once it will move to forward automatically other altcoins and tokens are raise again.

People are losing their confidence in edgeless, they are not interested in buying edgeless again and edgeless only traded on a few exchange sites.

This project is a failed project, and it is not dead yet when you can find a bunch of the betting platforms that even better than edgeless and why you should buy the edgeless token. 

It's drop so much because of no one interested in buying edgeless.

But why did edgeless drop so much then? 

nothing is impossible in cryptocurrency,
but what's the possibility?
if it's only 1%, why not choose a coin that is better than FUN or EDG, I'm sure there are clearer coins and a greater chance of profits.
I have been monitoring FUN six months ago, but there is no significant movement.

and i dont think there is a real demand on tokens , this tokens are only using in there platform which is gambling sites and no other use of it.

These coins have a good potential for growth, but this does not mean that the growth must necessarily be tenfold. I would advise you to sell coins in parts, fixing the profit at each new price level. After all, blindly believing in 10-20X, you can not sell at least some coins at the peak of the price and can remain their holder, while the price will return to the level of purchase, and possibly go lower.

Ah, you forgot something. Yes, ALL altcoins are tied to the fate of Bitcoin but when Bitcoin is in an obvious bull market and could make 2x or 3x its price. Altcoins can make 10x or 20x easily on the first rally and this is the worst bear market for them.

Save yourself the trouble and instead just invest in bitcoin. The fate of unknown altcoins like these are tied to the fate of bitcoin anyway. Why? Because the value of these small cap altcoins are highly dependent on Bitcoin's value. If bitcoin were to double in value, that likely be the only time when the value of these coins would rise.

I personally wouldn't invest in those 2 coins, but of course trade at your own risk.

I just realised that this thread is opened way back 2017 and for sure those two mentioned have reached it's all time high during or after. EDG specially did reach $3.00.

But so far, just like the rest of the alt market, everything when down, so from $3.0 to $0.017 today? That's more than 90%, and that is not very good.

@ jerry0 - no explanation needed, we are in a bearish trend still, so everything is still down and way below their all-time-high.

So many traders have left this one and move to the another coin or a new platform. edgeless is still active but the fact it doesn't have a lot of demands.
you can now check it and you will see not so many people are talking about this coin.
A lot of betters are moving towards a new blockchain with a better scalability to get cheap fees compared with used ethereum as a parent blockchain.

You can try to take a look at EOS blockchain and it seems like those gamblers are doing there.
As far as I know if EOS is holding the best blockchain to be used for gambling because it offers a very cheap fees compared with another blockchain platform.

Less users and demand has already destroyed edgeless.

Can someone explain why edgeless has went down to under 2 cents?

I like funfair i think its one of the best coins out there but i dont know much about the other one.

Edgeless is now 2 cents.  Does anyone have a clue how this happened? 


Funfair is like $0.002.



I thought edgeless was going to be big?

Both are good coins IMO.
I have invested in both tokens before and able to get out with a profit.
At this time, this tokens are worth buying again as the price has been dumped many times.

FUN is currently in Binance so expect that price will pump easily once this market starts to be bullish.
The all time high was 1k sats, now trading below 100 sats, that means it will give significant profit if we buy at this range.

Thoughts on this?  I notice funfair keeps going down.  Edgeless went all the way down but now going back up a little.

Thoughts on both of these coins at the moment?  When is edgeless getting their license?  Also is funfair already operating their casino?  But edgeless has not?  Edgeless price is very low at the moment.

anyone?

Does funfair officially have their own casino running now or not yet?  Also does funfair being delisted from bittrex mean a lot here? 

With edgeless, does anyone know when their casino/sportsbook etc will start?  Also i read that it runs on ETH platform.  If that is the case, does that mean in order for Edgeless to success, ETH has to succeed?

I have HODLing both these since last summer and have seen plenty of ups and downs but still up
many times.  Ignoring all short-term news related volatility, expecting both to go up many times
again this year.

Hi folks, I have a small bag of EDG, maybe 5% of PF...no such of a worry, but every day I research more and more about my bags, and it's strange for me that 8 days only before launch, no signal of FOMO. Registrations are open since yesterday.

I must admit I was searching for the FOMO before opening, but as the date comes closer, I fear of being catch in a "sell the news" scenario in case users of Casino are not the expected.

Opinions?

may be we should look for other low cap ICOs? This already gave us a lot:) What new coins are u guys waiting?

Funfair is very good to be held in 2018. This coin must develop its potential through year 2018

I expect a moderate pump on EDG before 18 Jan, launch date. I will not hodl past that date, though. You know, buy the rumour sell newz. Let's see if we can do a 2x starting now and then I will only left a smart portion to hodl forever (300 $ or so).

I follow and still hodl some edgeless. Edgeless token price increased after announcement of licence and they will release a new version this month so it may reach to 4 usd at the end of january i think.

Does anyone know about the no edge thing on edgeless specifically with sportsbetting?  That would make no sense if they had no juice lines because how would they even make money then?  Also isn't that bad idea since that increases the chance they could go broke?

Has funfair launched yet?  If not, when would it?  What about edgeless?  I read that they later on but not yet right


Also can someone explain edgeless?  Basically there is no edge at all.  If thats the case, why would anyone play any online gambling like blackjack or roulette anywhere else if thats the case?  The other thing that intrigues me a lot is this.  They also have sportsbetting.  So basically if you are betting on say an nba or nfl game where you usually have to pay -110 juice... thus you have to risk 110 dollars to win 100.  Some books offer reduced juice where you lay -106 or -105 etc to win 100.  So they are basically saying both sides of each wager will be even money?  Thus if you want to risk 100... you win 100?  If that is true... why would anyone play at any other book?  Because a no juice sportsbook would pretty much get everyone playing there don't think you think?  Imagine risking say 110 to win 100 at a sportsbook on a game.  But at edgeless, you risk 100 only.  The thing that would concern me a lot is if they offer no juice... wouldn't that increase the chance they might go broke etc?  Because casinos both real ones and online ones where they offer casino and sportsbetting, they have an edge due to the juice.  So wouldn't that be a huge issue?  Because say the juice was -102 or 2 cents... that would still be huge because at any sportsbook you are laying 10 cent or maybe 5 cent at the very best.


Anyone else who is familiar with this could give feedback?

Lol. Online gambling market cap is around 50 bil
https://www.statista.com/statistics/270728/market-volume-of-online-gaming-worldwide/

So Funfair with its 200 mil cap can do a 3-5 x at very very best. The same goes for Edgeless. Guys, The Stars Group (PokerStars) is worth around 4 bil...So there are clear ceiling for all gambling projects.

Both these coins are great long term HODLs in online casino/gambling market space and
should keep going up nicely.

EDG is surely a winner next year, The guys are really working on it. And performance on the market is also good, despite the recent struggle, but than this was the whole altcoins market strugglle

Funfair is my pick, I got in early and the price has only been growing.

The team are honest with their releases and wont hype announcements to boost the price, once they have news they release it straight away.

I am very happy with their product and the rollout they have planned.
This will be and easy 20x by early 2018 and after adoption by online casinos the price will skyrocket to $2-$5 a coin just look at the gambling industry and online casinos.
Anyone saying the market cap wont allow then maybe do some math with the current overall growth and picture where it will be in 2020 5-6 trillion plus?? makes a 10bil market cap seem rather low especially for a gambling coin

Try getting you money out of a casino after you have won, there are so many hoops to jump through and can take weeks.
Funfair lets you keep the coins in your wallet and use on games when you want so the money is your to convert to fiat or other cryptos.

So i just looked at the edgeless website.  So there is zero edge and apparently they have sportsbetting as well.   As anyone that bets sports knows, there is a vig you pay like -110 or -105 on bets.  Are you telling me this would mean they take bets on sports on even money on games with spreads or something?  So you mean a game where team is giving 3 points.. its even money for both sides?  And in a sport with a ML where its -150 and +140, it would be +145 or -145 on both sides?

I mean if thats the case, then how are they going to make money without the vig?  Also wouldn't that mean this could would go up a lot of money?  Because every sportsbook charges a vig.  I mean if they charge no vig... i mean isn't this going to go up a lot?

Yes, Edgeless is the first casino applied in blockchain and it has limit coin, cap lower than Funfair so EDG has more chances to multiple times than FUN
And Edgeless will be fully functional with the license by end of this year
Buy the rumor, sell the news, and this is the rumor and it just up 40% only, will be more and cross 20k satoshi soon

Funfair has 10 bil coins excluding the burn and would have to be a 1.6 bil market cap to hit 10x where as Edge is only 132 million  but would also have to reach the 1.3 bil MC to get a 10x
Anything is possible if they stay the market leader but there are many ICOs atm with gambling on the agenda.
Time will tell, I do hold a number of FUN as they looked interesting and had a good concept and team.
Hopefully both will get up

I heard a rumor
The founder said that they've been told they should have their gambling license by the end of the year.
If this is real, the price would be a real sky rocket, 20k satoshi at least 

I agree with you. For now EthBet looks like those exxx tokens who just collect money and do airdrops to make quick money. I'm waiting for them to show MVP and I will buy tokens.

@OP question - Edgeless is better and ahead of development. No recreational gambler is playing perfect BJ.

Does anyone know at what price funfair and edgeless first got listed on bittrex?


And does anyone here think its good idea to buy these?

Funfair is all the way to 2 cents now.  Edgeless is now 50 cents.  Does anyone here think buying a lot of funfair might be a good idea?  Its 2 cents now... but if it goes up to 1 dollar, you will 50x.


But this is basically impossible because of the already high marketcap?  However, look at all those altcoins that started out so low price.  Was there market cap really low which is why it increased?

I saw that EthBet did a successful ICO, but they need to deliver something first to rival Edgeless and Funfair, I'm still looking at the project because the current valuation is very attractive to jump in

I think EthBet can go big in a year if they continue to do right things. Right now price lis really low and it seems like shitcoin, but im pretty sure in a year their 500k mcap will be somewhere 20-40million.

Fun and Edg both can have bright future in a year, but if ure interested in casinogaming, then look ETHBET also, cheap and good pick to your portfolio.

Damn when FUN burns those tokens the price is gonna skyrocket. Could be a billion 500 million mcap token this time next year no problem.

As it is mentioned above, both are good projects. However, EDG is the real game changer here. I have been watching this project for a long time now, and i can easily say that the development team has what it takes to achieve great things in this market. There were some questions about gambling licence, but i think it is just a matter of time before they share a copy of it on twitter. The coin was over 20k satoshi for many months, but recent Bitcoin pump trend effected EDG as well as most coins in the market. I have a feeling that the coin will see over $1 right before the 2nd quarter of 2018.

What do you mean without a burn?


Well look at all the coins in the top 25 that started out very low.  Then eventually alll got to 1 dollar, 5 dollar and some 10 dollar plus.  So why did those coins get so high then?  Unless you mean the marketcap back then for those coins were very low and thats why?


So can you give me examples of recent coins that were 10 cents and under and its now 1 dollar or more etc? 

I dont think that FUN can reach 1$ without a burn. There are currently 4.000.000 circulating FUN Coins with a Marketcap of 117.432.000$. So 117M/4000M = 0,029§ per Token. To reach 1$ per Token you need to have a 4B Marketcap, which would put FUN between BCC and LTC in the Top5. Also 4B Tokens are only the circulating supply, the total supply is about 17B.

I dont say its impossible, but its very unlikely.

I am not sure if these two coins can make it to my top 10 list of coins. Nevertheless, I can easily agree when we talk of trusted coins and projects that these two can easily make it to the top. FUNFair is indeed one of the most established in online casinos. Edgeless will make you remember their ICO which was paying so huge to bounty hunters. EDG also made some amazing climbing on the trading charts.

Funfair burning is very positive behavior. Edgeless needs to do it.

I think Edgeless is one of the hidden gems in the coinmarketcap and forums that noone really mentions.
They have good product and their way of releasing is great. I suggest people to hold. I don't know anything about funfair anyways.

Does this mean it would be basically impossible for funfair to hit 1 dollar due to its already high mark cap?


The thing is what about all those top 25 coins where the price was very little when it first came out.  Was their market cap already high? 


Can anyone give me recent examples of coins that started out like 10 cents and under and hit 1 dollar?

Price is down because the product they released was pretty lacking.  They have a great shot at being successful, people just were really hyped up about the release and it was overbought.  I personally think they have a ton of potential and the price will undoubtedly go up as soon as the hype sets back up for their next release.  I do think the price will likely slide farther down in the short term.  If you are already invested, HODL and wait it out, if not then buy in over the next week or so before the hype returns.

Until funfair burn their coins, I'm for Edgeless.

IMO Edgeless have greater chance for success lurking user with their 0% house edge. And current price is low, this mean buy

If Funfair burn the unused coins in a month and the price is still this low, I will buy some funfair too.

When the update EDG..? Because the prise is down..

IIRC

Funfair has a more big development team compare to Edgeless as funfair will have more games compare to edgeless.

However, Edgeless would be famous for its 0 Edge Casino (Technically)

While funfair will have tons of game to play with

But look at all the coins that started like 10 cents and below.  Many of those coins in the top 25 coins started out very low like that etc.  What is different about those coins vs funfair and edgeless then?  Did all those coins started out with a low marketcap?

Is that means the price of the fun fair alraady above the ico price? But market cap means a lot. as you can see a lot of altcoin in competition for gain the more marketcap in this time.
But funfair was better in my opinion.

Yes, market cap does matter much more than the coin price. Funfair can go to $1 but
that means a 40x rise in its marketcap so not easy or quick to expect.

So you guys are telling me its basically going to be impossible for a coin like funfair to hit 10 dollars due to the already high marketcap?  So would hitting 1 dollar be very hard as well?


The thing is coins like edgeless started out like at 3 cents etc.  So its not possible for funfair to go up to 1 dollar?  Everyone mentions look at the marketcap.  So if a marketcap for a coin is already very high, that means the chance of that coin going up in price by a lot is very hard etc?

The biggest competitor in the market is the projects. Both projects are good. But edg is a little better.

It can be 10-15x but matter is time. If we can wait 3 year than possible 10-15x.
Coins are good. Possible to invest in it and wait profit.

I also agree that these coins are going through good development both. And they are good profitable investments with upcoming finished product. It is very good. But your suggestions about $0.70 to $10 are exaggerated. They are already covered coins. I expect something like 2x 3x. Not 10-15x.

I looked through a thread from a poster who mentions these 2 coins are in his top 10 coins under $1

This is what he posted and i will copy and paste his post



1. FUNFair - great team, great product, great communication.  Too many coins, but a burn is coming.  They are on schedule and have a better product then competitors.

3. Edgeless - they guys are the leader in online casinos.  Limited coins, 1st mover, and on point.  They will be opening their own casino in 2 Q 2018.  Only issue is, the graphic kinda suck.  BUT thats an easy fix. 



He also posted 8 other coins as well but these stood out to me.  Does anyone have opinion of these 2 coins?  I took a look and these do seem like coins that could possibly go very high etc. 


However the issue is many people mention the market cap is more important than the price.  So does that mean at the moment now when funfair is 3 cents and edgeless is 70 cents, then it is not likely for it to go up to say 3 dollars or 10 dollars etc?