FunFair Applies for Isle of Man Blockchain Licence
August 15, 2019
FunFair Technologies has applied to Isle of Man Gambling Supervision Commission for an inaugural Token Based Software Supplier Licence.
If you are planning to play casino games, your first step would be to join an online casino. But sometimes that would mean going through a lengthy registration process. And even if you create an account, you have to follow a strict set of rules.
On the other hand, putting up an online casino is just as tiresome. If you do not know how to develop a casino from scratch, you have to enlist the help of a casino software provider. But by doing so, you will end up paying expensive fees to develop your preferred betting site. Plus, you have to pay a monthly fee to maintain your casino.
MoneyPot aims to solve these problems. Launched in 2016, it is an all-in-one crypto wallet that you can get within minutes. Besides storing your crypto coins, it also serves as a host to apps, which include casino games. So if you want to play casino games, you will find a few variants on MoneyPot. And if you want to release your games, simply host it on the web wallet.
Other blockchain-based casinos out there let you enjoy quick and easy crypto betting. But why should you play using MoneyPot? Here are some of the reasons:
Most blockchain-based casinos like SatoshiDICE support only one crypto coin. On the other hand, MoneyPot lets you store different cryptocurrencies like Bitcoin, Ethereum, and Litecoin. That way, you do not have to create a new wallet whenever you play in different casinos that support different coins.
MoneyPot has several security measures to ensure that only you can access your funds. Besides having an email confirmation, the wallet has crypto address security verification. And if you want extra security for your wallet, you can activate Lock Sends/Withdrawals so that a third party cannot send or receive funds from and to your wallet when it is not in use.
If you are the type to lose track of your betting sessions easily, MoneyPot ensures that you have proof of your transactions. This is because the tool automatically tracks your transactions as well as your wagering records. In fact, you can even label your deposits and withdrawals with memos so that you could sort your transactions easily.
If you are new to using crypto wallets, expect MoneyPot’s support team to assist you. The team is available 24/7, so you can get in touch with them at any time.