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FUN token adds BETR technology and leadership

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FUN token is pleased to announce that it has reached agreement with the BETR Foundation to merge both party’s interests and work together to bring decentralised and peer-to-peer gaming to its huge and growing user base.

BETR raised funds in 2017 to build a peer-to-peer betting solution and proceeded to execute, with a fully-fledged betting client launching in time for the FIFA World Cup in 2018.  The technology developed included an in-game betting system with rich market coverage and peer-to-peer betting facilitated through a complex smart contract ecosystem based on the BETR ERC20 Ethereum token.  More recently it extended the system to offer casino gaming.

FUN is now able to take advantage of the technology and expertise developed for BETR as part of an agreement to merge the tokens.

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BETR holders will be able to switch their BETR for FUN through an automated swap system which will cause the BETR tokens to be burned in exchange for FUN.  Through an automated swap system BETR tokens will be swapped for Fun at a rate of 4 BETR = 1 FUN – system details to be released within the next week on https://betr.org.  BETR tokens acquired through the swap system will be burnt and BETR will be delisted from exchanges.

As part of the transaction FUN will acquire all technology developed for BETR and key personnel will join the new FUN team, building the future of decentralised gaming.  BETR CEO Adriaan Brink will assume the role of CEO of the FUN token and will grow the team and spearhead the new drive to grow opportunities for FUN.

Brink has a wealth of experience in the online gaming industry, starting in 1995 with lotteries and progressing through all gaming verticals over the past 25 years.  He also co-founded Earthport (now Visa Direct) in 1999 and his payments experience combined with gaming make him the ideal person to take FUN to the next level.

Brink said “I am truly excited to have this opportunity to take what we have learnt and combine BETR with the fantastic FUN community and the huge audience of Freebitco.in in order to deliver on what all of us always dreamt of – a decentralised gaming infrastructure more suited to the modern era”.

FUN will soon announce plans on how it intends to move forwards with a suite of products including side-chain and off-chain gaming engines to counter the issues of Ethereum gas prices, a new casino site with a rich suite of games, and other gaming opportunities including peer-to-peer betting.

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Freebitco.in has over 40M users and significant daily traffic and will play a pivotal role in expanding the FUN token user base.  The company intends to set aside a percentage of profits from activities to be burnt on a regular basis which will reduce the supply figures downwards.

3.75Bn of the cold storage FUN tokens were purchased recently by Freebitco.in.  This was the culmination of an ongoing exercise to accumulate tokens for use within their loyalty program.  As a consequence of this, these tokens are no longer in cold storage and the supply figures on Coinmarketcap will update shortly as follows:

Total supply                          : 10,999,873,621
Circulating supply                : 10,298,879,189

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Favbet × Spinner: An Exclusive Live Studio That Has Already Gained Recognition in Ukraine

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Ukraine now has its first full-fledged Ukrainian-language live product, created by local specialists for local players.
The format combines modern technology with national identity, turning gameplay into a space where native language is heard from the very first moment.

Favbet opened a new opportunity for the market in the live segment. Without waiting for audience demand, the company shaped it itself, introducing its own branded live studio powered by Spinner. This proactive step secured Favbet’s reputation as an innovator that sets standards and creates trends.

The project was entrusted to Spinner — a modern and ambitious B2B provider with Ukrainian DNA and technological expertise, capable of delivering a fully branded studio in the state language. The partnership united shared values, high standards, and a clear understanding that players choose content closest and most relatable to them.

The studio’s atmosphere reflects Ukrainian character and hospitality. Hosts communicate in a relaxed manner, respond in real time, keep conversations flowing, and add light humor. It is a place players come not only for the game but also for live interaction and a sense of community.

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Deep customization, Ukrainian-speaking hosts, and instant support create the comfort level every Favbet user deserves. Demand has grown so rapidly that in just one year the number of tables doubled from six to twelve.

Most importantly, these games are available exclusively on Favbet’s website and mobile applications.

Favbet × Spinner made Ukrainian the foundation and raised the quality bar to the level of global best practices.

PARTICIPATION IN GAMBLING CAN LEAD TO ADDICTION. PLEASE FOLLOW RESPONSIBLE GAMING PRINCIPLES.

License for online casino operations dated 20.04.2021 issued to LLC “BC Favbet” under CRGL Decision No. 137 of 05.04.2021 (as amended), and license for bookmaking operations dated 28.12.2022 issued to LLC “BC Favbet” under CRGL Decision No. 433 of 13.12.2022.

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Cubeia announces Cubeia Platinum Freeroll at SiGMA Poker Tour Malta

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Cubeia, a Sweden-based iGaming software solutions provider, is proud to announce the Cubeia Platinum Freeroll as part of the SiGMA Poker Tour in Malta. The exclusive live event takes place on Friday, 5 September at 9PM at the prestigious Portomaso Casino in St. Julian’s.

The tournament will deliver an electrifying poker experience in one of Europe’s leading gaming hubs. Over five nights, players can settle into the high-stakes action, complemented by elevated VIP experiences, world-class accommodation, and unmissable entertainment.

With a substantial €150,000 guaranteed prize pool up for grabs, the Tour will be a standout event during this year’s SiGMA Euro-Med Summit. As part of the tournament, Cubeia’s Platinum Freeroll gives Platinum badge holders special entry to take part in the action. With free entry, a €5,000 prize pool, and limited seating, this freeroll combines high stakes with a truly exclusive player field.

Whether a seasoned pro or a recreational enthusiast, the SiGMA Poker Tour and Cubeia Platinum Freeroll offers competitors the chance to showcase their skills, and immerse themselves in the ultimate poker atmosphere, amongst the global iGaming movers and shakers.

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Cubeia’s Head of Poker Simon Isbäck commented: “It’s a privilege to team up with SiGMA to host the Cubeia Platinum Freeroll at the SiGMA Poker Tour. Every opportunity we have to showcase our passion for poker is one we go all in for. Giving Platinum badge holders entry to the exclusive chance to experience live tournaments at one of Europe’s most iconic casinos – certainly not one to fold on!”

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Embrace Your Inner Maverick in Hacker’s Haven

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No soft launch. No warnings. Hacker’s Haven is here

DEGEN Studios is live, and we’re not here to play safe. Introducing our debut slot, Hacker’s Haven. You’re not a player, you’re a disruptor. It’s time to plug in, jack up, and start hacking.

Now live through Yggdrasil’s distribution network, Hacker’s Haven offers exhilarating features, huge wins of up to 20,000x your stake, and a real-world inspired design.

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Join a mysterious Hacker as he works his magic across the reels. Utilise an arsenal of digital tricks, including Multiplier Wilds, Cascade-triggering Virus symbols, and innovative Free Spins to secure huge wins.

The Hacker is not just a character. He’s one of you. A real-player reimagined on the reels. He embodies everything we stand for: disruption, defiance, and rebellion. This is not just a game. It’s an invitation. A rallying cry for players to embrace their inner maverick and help DEGEN Studios change the game.

DEGEN Studios said: ‘Hacker’s Haven is not just our debut slot, it’s a warning shot. We didn’t come here to follow trends; we came to break them. Our games are ‘built by gamers, for gamers’, and this commitment is on full display in Hacker’s Haven.

“Brace yourselves. This is just the beginning.”

The post Embrace Your Inner Maverick in Hacker’s Haven appeared first on European Gaming Industry News.

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