FAIR

Overview of FAIR

FairGame (FAIR) is a decentralized online gaming platform powered by the Ethereum blockchain. The platform's first game, FairCity, is a decentralized multiplayer online sandbox that uses the play-to-earn model, allowing players to create their own city, acquire lands, and trade assets as NFTs. Players are rewarded with FAIR tokens for completing in-game quests and tasks. The CEO of FairGame is Goh Geok Nee, a seasoned blockchain architecture specialist, and the company's CWO is Chow Hon Yew, an expert in the capital market. FairGame was launched in 2018, and its subsidiary, X Studio, responsible for the development of Metaverse X, was created in 2020 by Vietnamese game producer Nguyen Hoang. The FAIR token can be traded for USDT on the OKX exchange.

Pros and Cons

What Makes FAIR Unique？

FairGame (FAIR) stands out in the realm of decentralized online gaming platforms due to its innovative integration with the Ethereum blockchain and its pioneering approach to virtual reality gaming. One of its distinctive features is its deflationary supply, with a hard cap ensuring no additional tokens will be created, potentially enhancing its value over time. The platform's play-to-earn model allows players to gain real-world value in the form of FAIR tokens, transforming gaming from a mere recreational activity to a potentially profitable endeavor.

How Does FAIR Work？

FAIR operates as the native token of the FairGame platform, a decentralized online gaming ecosystem powered by the Ethereum blockchain. At its core, FAIR is utilized as an in-game currency, rewarding players for completing quests, tasks, and other in-game activities. Beyond its gaming utility, FAIR incorporates a unique buyback-and-burn feature controlled by smart contracts. This mechanism ensures that a portion of the tokens is periodically bought back and permanently removed (burned) from circulation, aiming to maintain or potentially increase the token's value by limiting its supply. The token's functionality is further enhanced by the Ethereum consensus protocol, allowing for secure and transparent transactions.

Exchanges to Buy FAIR

FairGame (FAIR) is a token associated with a decentralized online gaming platform, and as of the information available, it can be traded for USDT on the OKX exchange. This means that potential investors or users interested in acquiring FAIR tokens would first need to purchase USDT or a similar stablecoin on OKX or another platform, and then exchange it for FAIR at the prevailing market rate.

How to Store FAIR？

Storing FairGame (FAIR) tokens securely is of paramount importance. FAIR, being an Ethereum-based token, can be stored in any Ethereum-compatible wallet. For users who prioritize security, hardware wallets like Ledger Nano S or Trezor provide an offline storage solution, making them less susceptible to hacks. Alternatively, digital wallets like MetaMask or MyEtherWallet can be used for more frequent access and transactions.

- Hardware Wallets (e.g., Ledger Nano S, Trezor): Compact physical devices designed to securely store cryptocurrency private keys offline, offering protection against online hacks.

- Digital Wallets (e.g., MetaMask, MyEtherWallet): Software-based wallets that allow users to store, send, and receive cryptocurrencies. They provide easy access but require careful security practices to prevent potential breaches.

FAQs

Q: What is the underlying technology for FairGame？

A: FairGame is based on blockchain technology and runs on the official chain.

Q: What future plans does FairGame have for blockchain games？

A: FairGame aims to launch various types of blockchain games in the future.

Q: How does FairGame plan to integrate with global game providers？

A: FairGame will introduce a validated SDK tool to help global premium game providers integrate blockchain capabilities.

Q: What is the broader vision of FairGame for the gaming community？

A: FairGame seeks to broaden the game market and deliver blockchain capabilities to hundreds of millions of online gamers worldwide.

Q: Which blockchain does FairGame operate on？

A: FairGame operates on the Ethereum platform.