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FUN Token (FUN) is an ERC-20 token based on the Ethereum blockchain, designed for decentralized gaming and entertainment platforms, aimed at providing secure and transparent payment solutions through blockchain technology.
Basic Definition of FUN Token
FUN Token is the native token launched by FunFair Technologies, initially introduced in 2017 through an ICO that raised $26 million, primarily to support its decentralized gaming ecosystem. It is based on the Ethereum blockchain and uses the ERC-20 standard, supplemented by the layer-2 token XFUN running on the Polygon chain for fast and low-cost transactions.12
Technical Features and Application Scenarios
Dual Token System:
FUN (mainnet token) ensures security, while XFUN (Polygon sidechain token) optimizes transaction efficiency, with a 1:1 pegged exchange between the two.3
The total supply of tokens is fixed at 10.97 billion, with no inflation mechanism, and is scheduled for a CertiK security audit in 2025.3
Core Uses:
Online gambling platforms: used for betting, reward distribution, and fund management.14
In-game item trading and content creator tipping.1
Supports staking and ecological governance voting.3
Market Performance and Ecological Development
In June 2025, the price of FUN Token saw a weekly increase of over 50%, primarily due to the scarcity of its deflationary model and accelerated ecological implementation (such as the launch of mobile games and P2E economic closed-loop plans). Currently, it has integrated multiple payment gateways (such as Now Payments), supporting direct conversion of fiat currency.
