What is FUN

Learned by 2.4k usersPublished on 2024.04.01Last updated on 2025.07.03

0.01

-0.29%

  • Last Price0.01
  • All-Time High0
  • Turnover (24h)2.99M
  • All-Time Low0

Note: The project description is sourced from official materials provided by the project team. However, it is important to note that these materials may be outdated, contain errors, or omit certain details. The provided content is for reference purposes only and should not be considered investment advice. HTX does not assume any liability for any direct or indirect losses incurred as a result of relying on this information.

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I. Project Introduction

1. What Is FUNToken?

FUNToken is an Ethereum-based ERC-20 token designed for gaming and entertainment, positioned as the "native currency for Web3 gaming". First launched in 2017, it has a total supply of approximately 11 billion tokens. The project is dedicated to supporting distributed gaming and betting systems, rapidly building a cross-platform iGaming ecosystem through partnerships with major gaming platforms such as FreeBitco.in.

2. How Does FUNToken Work?

• Multichain Architecture: FUNToken operates as the mainchain token, while XFUN, a bridge token on the Polygon chain, is used for high-frequency in-game transactions.

• Gaming Payment Engine: FUN or XFUN can be used for in-game betting, virtual item redemptions, reward claims, and more without additional gas fees.

• Decentralized Wallet Integration: The official XFUN Wallet allows games to interact with tokens, enhancing the user experience.

• Deflationary Mechanism: The platform has promised to use 50% of its net revenue to buy back and burn FUNToken, thereby maintaining token scarcity.

3. Who Founded FUNToken?

• The project was founded by FunFair Technologies, and team members have experience in the gaming industry and blockchain technology.

• While core team members are not fully disclosed, the project has passed a CertiK security audit and continues to advance its ecosystem development.

• It has forged a strategic partnership with FreeBitco.in to offer payment support for over 50 million users worldwide.

4. FUNToken Tokenomics

• Token Name: FUNToken (FUN)

• Total Supply: About 11 billion tokens

• Circulating Supply: About 10.84 billion tokens (99% of total supply)

(Note: No official token allocation chart has been released, but data indicates a high concentration of circulating supply and significant holdings across numerous wallets on public chains.)

All tokens have been minted, with the majority already in circulation.

• The platform maintains token scarcity via a deflationary mechanism (buybacks and burns).

• The XFUN bridge mechanism gradually burns tokens to reduce the mainchain circulation.

5. Timeline of Key Milestones

• June 22, 2017: FUNToken held its initial presale, issuing approximately 17 billion tokens.

• 2021: The XFUN bridge was introduced, migrating part of the transactions to the Polygon chain.

• 2023: FreeBitco.in integrated FUNToken, driving the real-world application of iGaming.

• May–June 2025: The FUNToken market rebounded. AMBCrypto reported that whales were loading up, while the CertiK audit further boosted investor confidence.

• Q3–Q4 2025: FunToken plans to launch multiple mini-games integrating XFUN, along with wallet features and support for decentralized governance.

II. Token Information

1) Basic Information
Token name: FUNTOKEN (FUN)

III. Related Links

Website: https://funtoken.io/
Explorers: https://etherscan.io/token/0x419d0d8bdd9af5e606ae2232ed285aff190e711b
Socials: https://twitter.com/funtoken_io

Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. HTX does not take responsibility for any resulting direct or indirect losses.

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