đOur Motivation
Why we built Funarcade
Last updated
Why we built Funarcade
Last updated
Gaming venues and platforms have always existed in our society. Casinos are but permissioned locations to host games where others can come to play.
These casinos invest huge time, money and effort, pulling out all stops to ensure that players stay or keep coming back to them.
With the advent of the Internet, gaming venues moved online as well, accessing a global pool of players that is unrestricted by geography.
With online gaming, gaming venues continue to spend huge amounts of money to attract users to the platform - using tools like affiliate marketing to attract marketers and content creators.
In both examples, value does not accrue back to players. Web2 projects keep all the profits for themselves, reinvesting the lion's share of profits made on more marketing and affiliates to get more users to get even more profits.
Our aim is to ensure that all users of our platform share in its rewards. We believe the most sustainable model is one where everyone wins - particularly the players who drive Funarcade.
Funarcade aims to bridge the gap, combining strong expertise in gaming with an understanding of crypto/web3 to build a gaming ecosystem that succeeds with the community.
Players can be assured that games are designed around fun! Whether you are a big-time 'whale' or just out for some casual fun, our platform design and animation will transport you to an amusement arcade or funfair where fun awaits.
Bets come in all shapes and sizes here at Funarcade - we accept bets as low as $0.01.
We bring together the best of on and off chain technologies - no more issues with gas fees, randomisation or admin fees!
By eliminating middlemen, we have more profits to go around:
Gamers can reap rewards while playing
Token stakers can earn passive income
Vault depositors can benefit as more players come into the ecosystem
Funarcade is managed by a team with a diverse combination of expertise. Some highlights of our experience include:
An extensive background in the gaming industry with over 50 years of collective experience.
15+ years of web2 software engineering expertise.
Experience in building decentralised platforms.
1.0: Brick and Mortar
Scope: Geographically limited
Value accrual: Gaming venues
2.0: Online Casinos
Scope: Global
Value accrual: Gaming venues and affiliates
3.0: Web3 Casinos
Scope: Global
Value accrual: Community
