FUNToken Gitbook
Introduction
FUNToken is a blockchain-based, decentralized gaming platform built for gamers by gamers to facilitate seamless, secure and fair gaming experiences. Since inception, FUNToken is focused on building the future of GameFi by pushing boundaries through innovation to deliver novel features that enable gamers to play, explore, and earn while having fun.
FUNToken is a multifaceted platform that brings together various aspects of online gaming under one roof for holistic experiences. The online gaming sector is quite fragmented with various stakeholders providing different services like games, payment processing, streaming, and marketplaces among others. For gaming operators, developers and players, this can be quite frustrating as they are required to switch across multiple platforms to access different facilities and tools. Moreover, this can be quite costly and time consuming leading to less enjoyable experiences for the users.
FUNToken is a robust Web3 gaming platform with an innovative vertical integration model serving as a plug-and-play ecosystem for gamers and game developers. It is designed to create a dynamic, user-centric environment that improves accessibility of all gaming services within the same ecosystem. This provides users a rich, engaging gaming experience that allows them to enjoy games and have fun while earning from multiple avenues on the FUNToken platform.
The FUNToken Ecosystem
The FUNToken ecosystem is made up of multiple components, platforms, and protocols that work together to deliver the promise of decentralization excellence in GameFi, DeFi, and iGaming.
$FUN Token
$FUN Token is the native cryptocurrency of the FUNToken ecosystem, serving as the medium of exchange that facilitates all transactions. $FUN is an ERC20 token based on the Ethereum blockchain, ensuring fast, trustless, decentralized, secure and seamless transfer of value across the FUNToken ecosystem. The $FUN token enhances transparency as all the transactions can be tracked and verified on the blockchain making the gaming experiences more enjoyable.
$FUN token utility extends beyond the FUNToken platform, as it is designed to provide utility for the wider GameFi community. The token is open for use by iGaming operators, developers, community members, and individuals worldwide allowing them to plug in and use it to power their applications and play their favourite games. $FUN has a unique design that enhances its versatility across the GameFi world aimed at driving the future of gaming through secure, gas-free transactions.
The $FUN token also offers great utility to players as they can earn rewards from the FUNToken ecosystem paid using the currency. Gamers can also use $FUN to acquire, own and trade assets across multiple gaming platforms plugged into the FUNToken ecosystem. The token is also integrated with Vaults, where users can lock their tokens to access exclusive perks like early game access, special NFTs, and partner airdrops. This mechanism helps reduce the circulating supply of $FUN, potentially increasing its value.
$FUN token holders can leverage the cryptocurrency on DeFi platforms to earn passive income through staking, and liquidity provision. $FUN token is accessible on the secondary markets with listings on top crypto exchanges like Binance, Bitfinex, LAToken, Uniswap, Gate.io, ByBit, XT.com, MEXC Global, BTSE, BitMart, Coinstore, and ChangeNOW among others.
FunHub
FunHub is an aggregator hub for all things FUN. It is the core component of the FUNToken ecosystem, serving as the main utility for gaming enthusiasts on the platform.
FunHub is designed as an all-in-one game browser and aggregator, where gamers can access, preview and learn about various games offered on the platform. There is a detailed catalogue for both Web2 and Web3 games, ensuring users are spoilt for choice with an extensive range of gaming options. Each listing includes detailed information, media, and AI-filtered reviews to ensure authenticity and relevance. The FunHub aggregator serves as a one-stop-shop where players can exclusively purchase and play games using the native $FUN token.
FunHub also has live streaming and event aggregation features aimed at boosting user experience through deeper engagements and interactions on the FUNToken platform. Game developers, studios, and partners can host live events and AMAs enabling them to interact directly with their audience through real-time streaming. FunHub supports game streaming by players, fostering a vibrant community of streamers and viewers. Fans and the greater community can engage in these streams through basic and VIP chat rooms, enhancing their interaction with the content and creators. By integrating these features, FunHub is bridging the gap between traditional and blockchain-based gaming by creating a dynamic and engaging environment for all users.
Vaults
Vaults is an innovative feature, uniquely designed for the FUNToken ecosystem. This novel component is built specifically to enhance user engagement and increase the value of $FUN Tokens. Users are incentivised to lock their $FUN Tokens in Vaults, by granting them access to a wide range of exclusive perks and benefits. These benefits include the chance to host and take part in AMAs, exclusive partner NFTs, airdrops, and early access to new games. Higher-tier vaults offer even more perks like enhanced exposure on the platform and access to premium services. Users are encouraged to lock more FUNToken by this tiered structure, which improves their overall FunHub experience.
Vaults also play a critical role in the platform's deflationary model. By locking tokens in Vaults, users lower the token's circulating supply, subsequently creating scarcity and increasing demand. This deflationary mechanism is designed to enhance $FUN Token’s long-term value appreciation, benefiting both users and investors. Through Vaults, FunHub is able to reward its community while also strengthening the economic stability and growth potential of the FUNToken ecosystem.
Marketplace
The FunHub marketplace is a vibrant and dynamic platform built to support trading of NFTs and other in-game assets with $FUN ensuring a seamless and consistent user experience. It is a central hub where users can buy and sell digital assets like collectibles and game-related content to community-created artworks in a secure environment without leaving the FUNToken ecosystem. By allowing users to monetize their creations, the marketplace fosters a thriving secondary market that benefits both creators and collectors.
The marketplace is designed with the user in mind, with features like user reviews, ratings, and AI-driven recommendations, helping users make informed purchasing decisions. The marketplace also offers marketing assistance and promotional tools to sellers helping them reach a wider audience. Through the integration of these features, the marketplace provides a strong and captivating digital commerce environment that promotes the adoption and enhances its utility across the platform.
Launchpad
The FunHub Launchpad is a strategic component designed to support the transition of Web2 games to the Web3 landscape. It offers a comprehensive suite of services that help game developers to create, market, and launch new tokens and NFTs for their Web3 games. The Launchpad is an essential component of the FUNToken ecosystem, as it provides Web2 based game developers with the tools they need to seamlessly integrate blockchain technology into their projects driving innovation and expanding the platform's reach.
Developers also gain access to resources for staking, farming, and creating tokens and NFTs through the Launchpad. Through tokenization of their in-game assets and transitioning to a Play-to-earn model, developers may increase player engagement and generate new revenue streams with the help of these technologies. Additionally, the Launchpad provides marketing assistance, utilizing FunToken’s network of partners and affiliates to publicize new initiatives and draw in a larger audience.
Through the Launchpad, Funtoken offers all round support for the entire lifecycle of a game’s transition to Web3. The Launchpad provides end-to-end support, from the concept stage through to the game’s development to marketing and launch, ensuring a smooth and successful transition. This holistic approach helps developers navigate the complexities of blockchain integration, reducing barriers to entry and accelerating time-to-market.
The ecosystem’s overall diversity and depth of content are improved by the FunHub Launchpad, by supporting the creation and release of new blockchain-based games. As new projects integrate $FUN into their ecosystems, it also promotes the token's adoption and utility. As a result, the Launchpad is essential to the long-term development and prosperity of the FUNToken ecosystem.
Creator Academy
The Creator Academy is a special initiative aimed at empowering content creators and fostering high-quality content production and sharing within the ecosystem. The Academy offers an array of tools, resources, and incentives designed to support creators in producing engaging and innovative content that enhances the overall user experience on the platform.
The Academy offers a variety of educational resources, including tutorials, workshops, and guides on content creation, blockchain technology, and game development. These resources are tailored to meet the needs of both beginner and seasoned creators, helping them develop their skill-set and stay updated with the emerging trends and newest technologies. By providing access to these valuable learning materials, the Creator Academy aims to nurture a community of knowledgeable and skilled creators that will ultimately boost the platform’s value.
The Creator Academy also grants various incentives to encourage content creation and engagement. These include rewards in $FUN for high-quality content, exclusive access to new platform features, and opportunities for increased exposure and recognition within the community. By rewarding creators for their contributions, the Academy sets the foundation for the development of a vibrant and dynamic content ecosystem that benefits all users.
The Creator Academy also provides support and equips content creators with tools to monetize their work. This includes access to the FUNToken marketplace, where creators can sell their NFTs and digital assets, as well as marketing support to help them reach a wider audience. By enabling creators to monetize their content, the Academy not only supports their financial sustainability but also drives the overall growth and diversity of the FUNToken ecosystem.