FUNToken Introduced New Games and Its Market Cap Surpasses $55 Million
by Oskar Trotman
The blockchain gaming platform FUNToken had a busy October and is gearing up for a new offensive on several fronts in November. The current market cap of the FUNToken is $55 million, and the value is expected to rise after the 9th quarterly token burn, which subtracted 21 million tokens from circulation. The implementation of the deflationary maneuver aims to create scarcity and raise the token’s value by playing the old game of balancing out demand and supply.
Aside from the financial developments, this iGaming platform was proud to publish an announcement on Twitter stating that 32 new games were added at DPLAY Casino in October. The refreshment of the lobby creates more engaging gaming opportunities for players. The unveiling of the “Continue Playing” feature guarantees smooth gameplay, enabling players to start back up where they left off during their last visit.
November will be equally packed with initiatives. The gaming community can expect the FUNToken Fizen Giftcards Giveaway, and the competitive spirit will be ignited with a FUNToken trading competition.
Additionally, FUNToken representatives will participate in events such as Sigma and AIBS, plus they will visit Barcelona to attend the Dextforce Festival on November 10th and discuss innovation in the industry. A few days later, on November 15th, the platform will interact with the Maltese crypto community by showcasing its project at the Crypto Hub Malta FUN Token.
New Partnerships for Future Growth
One big milestone achieved at the end of the previous month was the integration of the FUNToken within Binance Pay’s payment system. This move creates a pathway for users to perform different crypto transactions, such as paying bills or shopping, plus a wide range of other services across the global market. Thanks to Binance’s sophisticated encryption, FUNToken transactions are safe and can motivate users to incorporate cryptocurrency into everyday life.
Another partnership celebrated at the end of October was with Fizen Super App. This collaboration offers convenience for purchases and aligns with FUNToken’s vision to promote the broader application of blockchain technology. According to FUNToken, the new partner was in part selected because of its potential to disrupt the market.
Creating the Foundations for iGaming in Web3
FUNToken works to empower operators, players, and developers by offering fair gaming and smooth integration with trendsetting crypto iGaming solutions. Rather than using a proprietary blockchain, FUNToken harnesses the capacities of the Polygon and Ethereum blockchain.
The main products of this ecosystem are FUN and XFUN tokens and the XFUN wallet for storing crypto assets. The XFUN and FUN tokens have a 1:1 ratio and can be easily swapped in a multi-chain, non-custodial XFUN crypto wallet for FUN, XFUN, and other ERC-20 tokens.
FUNToken is actively collaborating with operators to increase content for its users and has been experiencing substance growth in recent months. New games were added to its DPLAY platform, and the number of players increased. Trading opportunities for its community received a spike recently by its debut on Bitmart.