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Once Fair, Always Fair A Fair iGaming Blockchain Network for All
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CONTENTS About Faireum Problems & Faireum Solutions
01 Problems & Faireum Solutions 02 Disruptive Business Model 03 ICO Plan 06 Market Growth Potential 04 Financial Plan 07 MVP (Minimum Viable Product) 05 Team & Advisors 08 Media & Partners 09
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About Faireum A Fair iGaming Blockchain Network for All
01 About Faireum A Fair iGaming Blockchain Network for All The iGaming industry is plagued by a host of issues and inefficiencies - the result, a lack of trust between players, developers and services providers due to multiple intermediaries, high fees and unintuitive user experiences. There is an urgent need for an overhaul of the whole iGaming system. A major solution to a fair and modern iGaming system is a decentralized gaming platform that leverages the advantages of blockchain technology. “Faireum is a public blockchain with a set of protocols, which focuses on the iGaming industry and provides a decentralized, low cost, transparent, and secure betting and iGaming experience. ” Faireum.io is proud to announce that we have been Featured on 5 of the top listing sites as stated below: Faireum uses its own native currency and smart game contract to guarantee a superb and premium betting experience and services in lotteries, sports betting, casino games and other digital games to users. Faireum releases a smart client based on the set of protocols for the creation of a trustful, borderless, secure, and fast iGaming network that benefits all.
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Problems & Faireum Solutions
02 Problems & Faireum Solutions Problems with Existing iGaming Systems Despite the significant growth of the iGaming industry, several on-going issues have made some countries reluctant to legalize iGaming. Additionally, a large number of people are deterred from trying out iGaming due to problems with trust, security and unreliability. At present, all aspects of gaming from RNGs, user account management to market access rules for developers can be attributed to its centralized model and lack of trust. Problems for Players: Problems for Service Providers: • Withheld bonuses • Account restrictions due to location • Hidden fees: casinos charge a fee for withdrawal • Withdrawal restrictions • Limits and slow processing speed of payouts • Risk of fraud • High entry fees for the game developers • High costs of running an online casino • Operations overheads such as integrating payment systems and user account balance management • Slow server running speed and frequent downtime events • Lack of transparency and credibility • Lack of support for blockchain services/protocols There are many other problems with traditional and online gaming systems. For example, starting from game selection, the transparency of random number generation and payment process will greatly affect the player's gaming experience. Without blockchain-based intervention, there can be no sustainable model for online gaming.
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Problems & Faireum Solutions
02 Problems & Faireum Solutions Problem (iGaming) Solution (Faireum Blockchain) The source code of the smart contract is open and so is the Oracle service. All games listed in the Faireum Smart Node (FSN) will undergo code review and auditing; the goal of the Faireum Blockchain is to build a 100% transparent and fair platform. Lack of transparency and fairness Users have their own wallet to store and manage the token, digital assets and money. Loss of money Users can transfer, exchange the coin and token as they wish; by using cross chain technology, users can even transfer the coin between different blockchains. Score or coins are closed and cannot cross platforms The p2p network and proxy mode can pass through all Internet blocking. Internet censorship and blocking With the money management and special design of FairCash, we can fulfill the requirement of regulation, anti-money laundering mechanisms and tax collection. Lack of regulation, money laundering and tax evasion
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Problems & Faireum Solutions
02 Problems & Faireum Solutions Faireum Blockchain Solutions Faireum is a blockchain platform with an Application Programming Interface (API) that is suitable for third-party business providers to access through the consensus mechanism and the Faireum Virtual Machine (FVM). The Faireum main blockchain uses the Web Assembly (WASM) virtual machine as the default runtime for smart contracts and Byzantine Fault Tolerance (BFT) + Delegated Proof-of-Stake (DPos) as the consensus mechanism. The random number from Faireum blockchain is not just data that can be deduced from the program. Combined with the block hash and zero-knowledge proofs, it is impossible to deduce or predict our random number generator by using an inverse. We refer to this algorithm as Zero Random Algorithm (ZRA). In addition to ZRA algorithm, the Faireum blockchain is pre-configured with several other Random Number Generators (RNGs), including Faireum Random Digital (FRD), dedicated to digital games, Faireum Random Casino (FRC), dedicated to casino games, and a dynamic probability balance index generator, called Faireum Dynamic Betting (FDB), which is preset for real-time results such as sports quizzes.
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Problems & Faireum Solutions
02 Problems & Faireum Solutions Key Benefits of Faireum By creating a new blockchain and a set of protocols with custom features to meet iGaming requirements, Faireum will introduce a platform that is trustful, borderless, secure, and fast for blockchain-powered iGaming, therefore: Reducing operational costs of iGaming, therefore, providing higher payouts Reducing the risk of fraud Reducing the cost of user accounts and money management for online casino operators Enabling game developers to monetize their work " Enabling game developers to generate revenue without having to operate after the game is released Creating an open ecosystem of provably fair interoperable online casinos Integrating a system of replicable templates and incentivized sharing to allow game developers to benefit from a new value transfer rule that Faireum offers Providing the third parties with trustful and transparent service to fit development under Faireum protocols Providing an official game platform that is based on the Faireum network for fully transparent betting and charging
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Disruptive Business Model
03 Disruptive Business Model The main revenue stream of Faireum will come from developers' commission-based revenue. The business model will focus on attracting users via marketing activities, empowering users and creating a global community of players who want to participate in the network. Faireum will operate a platform with a high margin of profit from developers and other parties in the ecosystem through the provision of several plans: Developer plan. Developers can write the games and Dapps with Solidity or other programming languages and are not limited to publishing smart contracts to the Faireum Blockchain network. Faireum will charge a transaction fee for publishing a smart contract and charge a listing fee for listing the game on the FSN. For games or Dapps that reach a certain number of users, Faireum will return the transaction fee and listing fee as a reward and will further reward from the community reserve pool if the game is popular enough. 100% Return To Player (RTP) and subscription plan. Faireum supports a special charge subscription mode, which can be authorized or revoked by the user at any time. Based on the subscription model, developers have a chance to build a maximal 100% RTP game and profit by charging the players periodically. Core player plan. The platform can also reward users for their high activity or good scores. Network service provider plan. The value-added network service providers like storage providers and third-party service providers can also be rewarded by Faireum based on the volume of contributions they have made to the network. Other plans can be introduced at a later stage by Faireum as deemed necessary for intensification purposes.
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Disruptive Business Model
03 Disruptive Business Model Our applications for business The Faireum Smart Node is a blockchain node that runs on the user's computer or smartphone, which can provide both wallet functionality as a client and proxy functionality as a server. Works as a Node Service. Works as a Client Service integration. Provides a wallet or a game center. Works for Smart Node Partners and as a Smart Exchange
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newzoo.com/globalgamesreport
04 Market Growth Potential According to Zion Market Research report, “iGaming & Betting Market by Game Form (Poker, Casino, Sports Betting, Bingo, Lottery, Horse Racing Betting, and Others) and by Component (Hardware, Software, and Service): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024”, iGaming market is expected to reach USD 94.4 billion by 2024 at a CAGR of 10.9%: EUROPE, MIDDLE-EAST & AFRICA CHINA TOTAL iGaming market forecast USD billion $28.7Bn CN $37.9Bn 100 +8.8% YoY 90 80 ASIA-PACIFIC LATIN AMERICA $71.4Bn 70 2018 TOTAL $5.0Bn $137.9Bn +16.8% YoY 60 +13.5% YoY 50 +13.5% YoY 40 30 NORTH AMERICA US TOTAL US 20 $32.7Bn $30.4Bn 10 +10.0% YoY Source: ©Newzoo | April 2018 Quarterly Update | Global Games Market Report newzoo.com/globalgamesreport 2017 2018 2019 2020 2021 2022 2023 2024
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Market Growth Potential
04 Market Growth Potential The advantages of online gaming industry which contributed to the industry’s substantial growth potential: Lower Cost - Operating and transaction costs are much lower compared to traditional gaming. Global Accessibility & Speedy Adoption - Online gaming is easily accessible by players from all around the world and it is an effective way to attract new users. Targeted Audience - Easily acquire segmented users through social media for a range of available services (e.g. poker, sports betting, gaming, slot machines). Sports betting is the most popular game for international players, accounting for 48% of the total market share of the online gaming industry, with an annual transaction of $24 billion. Noting that the industry leaders such as Bet365 and William Hill’s annual revenues are stated at $2.2 billion and $1.6 billion respectively. Betting - 48% Bingo - 8% Casino - 15% Other - 24% Poker- 5%
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MVP (Minimum Viable Product)
05 MVP (Minimum Viable Product) Playing Games on the Faireum Platform There are thousands of games already on the Faireum iGaming platform (Beta). Another pure blockchain platform is under development and will be released near the middle of April
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MVP (Minimum Viable Product)
05 MVP (Minimum Viable Product)
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ICO/IEO Plan Token Distribution Token Allocation Funds Allocation 06
1.2 billion Faireum Tokens will be issued during the Presale and the Main Token Sale Event. Each Faireum Token will initially be mapped into one corresponding ERC20 token on the Ethereum ecosystem as the Faireum ecosystem is being developed. Token Allocation Funds Allocation Reward funding pool Development Marketing/Partnership /Airdrop and bounty program 20% 30% Private sale 10% 5% Legal(license, FairCash offering, finance, compliance, etc.) Team members /Developers/Advisors Pre-ICO sale Marketing 10% 10% 35% 10% 5% 40% Founders Public ICO sale 25% Operation and Others
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Financial Plan General Funds Allocations 07 >$2,500,000
3 Financial stages of Faireum project >$2,500,000 >$5,000,000 >$7,000,000 On the next slide are the key directions for allocating the project's target financing for the next 3 years. When each goal is achieved, depending on the amount, the final and intermediate goals will change. A detailed description of the distribution of funds can be found in the table. All presented stages include the development of all the previous ones.
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Financial Plan >$7,000,000 >$5,000,000 >$2,500,000 07
September, 2021 >$5,000,000 License from 10 international organizations like UKGC license, Belgium License, Gibraltar License +2 lawyers China, Malaysia, Sydney +5 employees for each office Faireum WASM VM More than 100 games based on Faireum framework Faireum chain platform Faireum exchange Faireum funds Faireum cross-chain ability and multi-layers extension 6 exchanges, $2 million account balance AWS New York / Japan /Singapore / Shanghai Technical Team 16 employees Extend the Faireum ecosystem and bring a full version of Faireum blockchain Release the Faireum own platform based on the Faireum blockchain and publish more than 100 games on it. Faireum portal and wallets center release Faireum exchange release December, 2020 >$2,500,000 Malta License +1 lawyers Malta, Japan, Philippines +7 employees Faireum blockchain framework Faireum wallets Faireum assets protocols Faireum ecosystem interface 3 exchanges, $1.5 million account balance Digital Ocean Japan Digital Ocean Singapore Digital Ocean Korea Digital Ocean Malaysia Technical Team 10 employees Integration with 3+ new blockchain services and publish over 20 games Start development of the Faireum public chain including RNG, basic iGaming ability and more than 20 features service for iGaming July, 2019 Curacao License +1 lawyer Singapore, 2 directors, Malta +6 employees Faireum iGaming platform Faireum blockchain games Faireum integration SDK 2 exchanges $800,000 account balance Digital Ocean Japan Digital Ocean Singapore Technical Team 7 employees Release own blockchain iGmaing platform and publish over 10 games
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Team & Advisors 08 Key Members Ishihara Yoshihiko Evan Dai Shore
Jixing Jin Jun Fei Yap CEO COO CIO CMO Mykola Vdovychenko Maxim Byakow Denys Krolevetskyi Mark France Dmytro Dubsky Legal Expert Technical Team Leader DLT developer Blockchain Developer Backend Developer
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Team & Advisors 08 Nicolas Fleiderman Eugene Lavrinenko Marcin Zduniak
Gregory Tkach iGaming Advisor iGaming Advisor Blockchain Advisor Blockchain Advisor Nicolas has more than 20 years experience in the iGaming industry. He worked as C-Level positions in more than 15 well-known gaming companies around the world like EveryMatrix , BetnGo and CBN Gaming. He has also worked as an advisor on large state-owned companies and PLCs. Throughout his career, he has developed, structured and advised more than 10 core gaming platforms. Nicolas is a vastly experienced gaming professional in expansion strategies for both online and bricks and mortar operators, planning and budgeting, license applications in multiple jurisdictions, payment platforms selection, mobile and web service suppliers revision, customer acquisition and CRM planning. Eugene is an experienced specialist in the gaming market with over 10 years of experience, His major areas of expertise lay in: game and business development, corporation management and strategy planning. He is an entrepreneur who founded several successful companies such as PlayBets and Cells Games. Eugene has founded The Crypto Games Conference which is a unique business event designed for crypto gaming professionals. Marcin has more than 12 years experience of helming to post of CTO, head of blockchain, IT Director, Project Manager, Team Leader and Senior Software Engineer. With strong technical background as such, he is able to coordinate multiple complex IT projects with various stakeholders at the same time. Fascinated with the Bitcoin virtual currency, its technical excellence and broad scope of possible applications, he has since developed a broad range of skills which includes: leadership, Software Architecture and Blockchain Development. His unique blend of skills make him a true asset to any business relationship he choses to engage in. He has held the CTO position for Trade.io and was the advisor for many large projects. Gregory has more than 8 years experience in web development and he is familiar with more than 10 programming languages, participated in more than 30 projects in game development has co-founded two blockchain companies and worked as CTO there.
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09 Media & Partners
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© 2018-2019 Faireum Foundation Limited. All rights reserved
© Faireum Foundation Limited. All rights reserved Investor Contact information WeChat ID: JunGabrielFei
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