Faireum
Faireum
Token: FAIRC


A Fair Gambling Blockchain Network for All

ICO dates
Start date: 2019-03-25
End date:

Registrated in: Singapore

Platform: Ethereum
Type: Utility

PREMIUM ICO

Faireum categories
Platform
Faireum whitepaper
Video
Faireum token sale
KYC passing required Yes | Whitelist No | Restriction for countries USA, China
Soft cap 2,500,000 USD
Hard cap 25,000,000 USD
Tokens for sale 600,000,000
Token distribution in ICO
50%
50%
Price 1 FAIRC = 0.05 USD
Acceppting ETH
Faireum news, social
Faireum search trends in Google
Random whitepaper excerpts

Contents
www.faireum.io
1. Introduction............................................................................................................4
1.1 The Industry............................................................................................................ 4
1.2 Our Mission............................................................................................................. 5
2. Structures of iGaming......................................................................................5
2.1 Lottery...................................................................................................................... 6
2.2 Sports Betting.......................................................................................................... 7
2.3 Casino..................................................................................................................... 8
2.4 Digital Games......................................................................................................... 8
<...

www.faireum.io
9. Market Analysis or Competition............................................................. 30
9.1 Existing Competitors............................................................................................. 30
9.2 Comparison with other technologies.................................................................... 31
9.2.1 Ethereum...................................................................................................... 31
9.2.2 Enterprise Operation System (EOS)........................................................... 31
9.2.3 iGaming........................................................................................................ 32
10. Token System....................................................................................................32
10.1 Token Distribution............................................................................................... 33
11. Roadmap..................................................................................................

1. Introduction
www.faireum.io
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 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

www.faireum.io
With the popularization of digital privacy laws and the development of technology that
continues to improve user experience, we believe that the decentralized gaming market can
achieve explosive growth on a global scale.
1.2 Our Mission
F
aireum has developed a competitive public blockchain based on the best practices of
Bitcoin, Ethereum and Hyperledger. The consensus algorithm adopted from the Byzantine
fault tolerance based delegated proof of stake (BFT-DPos) assures the verification of
transactions on the Faireum Blockchain as well as its performance.
The protocol we are working on is a set of the standards used for iGaming DApp on the
Faireum Blockchain. It is also compatible with all of the WASM blockchain contracts written
by a high-level programming language and implements Faireum protocols. The first version
will be released at the end of 2019. It will keep on evolving together with the Faireum ecology,
and will be the key component to bring a next-generation, ...

www.faireum.io
segment of the market expected to accelerate faster than that of traditional casinos.
Mobile play accounted for an estimated 37% of online gaming revenues in 2017, which is over
triple the 2010 mobile user base of 11.5%. With mobile use continuing to rise, it is expected
to reach 49% by 2022. However, major mobile platforms which dominate the market have
heavily restricted 'real-money' gaming apps from listing on their app stores or have banned
them outright.
There are many types of iGaming. Faireum presents the theory and technology for
developers and service providers to develop and deploy them on our main or side chains,
and reach a global audience of users in a decentralized environment. Below are some
prevalent iGaming games to note, you can also see the benefits Faireum will bring to all
types of online gaming.
2.1 Lottery
A lottery is a iGaming game where numbers are drawn at random for a prize. While some
governments have outlawed lotteries, others have openly e...

www.faireum.io
2.2 Sports Betting
A maximum RTP of 100% betting game based on Faireum protocols.
Sports betting involves the activity of predicting the results of a sporting event and placing
a wager on its outcome. The most popular sporting events that attract the vast majority of
bets include football, basketball, hockey, baseball, boxing, track cycling, American football
and mixed martial arts. However, sports betting sometimes extends to non-athletic events,
such as political elections, reality shows and non-human contests like greyhound racing,
horse racing, as well as the underground dogfighting. Sports betting is mostly done through
a bookmaker though some sports bettors still do it by using privately run enterprises
commonly called 'bookies'. The bookmaker's role is to act as a market maker such as a
mediator for sports wagers.
Faireum provides a sports betting facility without a bookmaker, which acts more as a betting
exchange. Many bettors are unaware of the opportunities of tradin...

www.faireum.io
betting and charge models will be supported by Faireum network. Meanwhile, C2C (Consumer
to consumer, betting between friends), B2C (Business to consumer, iGaming platform),
and B2B (Business to business, capital hedging) will be perfectly supported through the
standardized Faireum protocol.
What's more, by supporting the interface for insurance services and 3rd party services,
Faireum can also provide service of guarantee betting and insuring for the digital assets of
inner service providers and developers, resulting for a more powerful trust of decentralization
and payout business model.
2.3 Casino
A casino accommodates a variety of iGaming activities. They are mostly built near or are
part of restaurants, hotels, retail shopping, tourist's attractions or cruise ships. Thompson
(2015) explains that casinos originated in Italy and originally meant a small country villa,
social club or a summerhouse. The term casino was later to be expounded to incorporate
other public ...

www.faireum.io
Although digital gaming has long been a popular pastime worldwide, the development of
digital gaming as a competitive e-sport is a relatively recent trend.
This is in part, the result of lowering the entry threshold of digital games year-by-year and
more and more players being attracted to gaming thanks to the huge promotion of the
Freemium model.
Freemium is a business model where the majority of users are provided the basic services
for free, while a small portion of users consume advanced (premium) services for a fee.
The Freemium model helps the rapid expansion of the user base of services and assists in
attracting large numbers of premium customers. Paymium is another business model where
the majority of users pay a fixed amount for the basic services and are charged additional
fees for advanced (premium) services.
Market Research Engine (MRE) (2018) predicts that the industry will experience a CAGR of
20% in the period from 2015-2020. The integration of virtual technolog...

Faireum Roadmap

1
2017 Q1-Q4
Research

Market research;
Prototype design;
Preparations for gambling license.
2
2018 Q1-Q3
Preparations

Angel funding;
Brand registration;
White paper.
3
2018 Q4
Technical upgrade

New website;
Cross-chain & ZKP RNG design;
Game protocol design;
Faireum framework design.
4
2019 Q1
MVP

ICO preparation;
Game platform;
Faireum games.
5
2019 Q2
Framework development

Exchange listing;
Test network development;
Alpha game protocol;
Partial Faireum games development.
6
2019 Q3
Further development

Faireum blockchain layer development;
Faireum wallet development;
Partial Faireum games testing.
7
2019 Q4
TestNet online

Test network online;
Partial Faireum games release.
8
2020 Q1
Upgrade Faireum

Upgrade main network;
Upgrade Faireum wallet.
9
2020 Q2
Module extend

Faireum VM design/development;
Completion of the Faireum RNG.
10
2020 Q3-Q4
MainNet online

Faireum MainNet online;
Release Faireum wallet;
Release Faireum smart contract;
Mainnet token registration.
11
2021 Q1
Faireum Environment

Faireum platform online;
Faireum gambling foundation;
Faireum environment extension.
Mykola Vdovychenko
Mykola Vdovychenko Legal Expert

Maxim Byakow
Maxim Byakow Technical Team leader

Valeria Boykova
Valeria Boykova Head Of Design

Veliulla Liumanov
Veliulla Liumanov Art Leader

Mykola Melnyk
Mykola Melnyk Frontend developer

Denys Krolevetskyi
Denys Krolevetskyi DLT developer

Alina Zorilo
Alina Zorilo Frontend developer

Dmytro Dubsky
Dmytro Dubsky Backend developer

Mark France
Mark France Blockchain Developer

Genesis Gil Bulan
Genesis Gil Bulan Content Writer

Yhoreneo Posada
Yhoreneo Posada Operating Manager

Andriy Cholak
Andriy Cholak Blockchain Developer

Mitsunori Kamimura
Mitsunori Kamimura Product Manager

Vladimir Solin
Vladimir Solin Product Manager

Anna Vynokurova
Anna Vynokurova HR Generalist

Vince Howard
Vince Howard Marketing Expert

Galina Mikova
Galina Mikova Head of content

Nicolas Fleiderman
Advisors Nicolas Fleiderman iGaming advisor

Eugene Lavrinenko
Advisors Eugene Lavrinenko iGaming Advisor

Marcin Zduniak
Advisors Marcin Zduniak Blockchain Advisor

Gregory Tkach
Advisors Gregory Tkach Blockchain Advisor

Ishihara Yoshihiko
Ishihara Yoshihiko
CEO
Mykola Vdovychenko
Mykola Vdovychenko
Legal Expert
In-house Councel for IT, Cyber, Digital, Privacy, Contract, Business & General Law / Legal Counsel
Legal Consultant
Legal Consultant
Legal Advisor
Maxim Byakow
Maxim Byakow
Technical Team leader
Technical Team leader
Technical Team leader
Valeria Boykova
Valeria Boykova
Head Of Design
Veliulla Liumanov
Veliulla Liumanov
Art Leader
Mykola Melnyk
Mykola Melnyk
Frontend developer
Frontend developer
Frontend developer
Denys Krolevetskyi
Denys Krolevetskyi
DLT developer
Blockchain developer
Alina Zorilo
Alina Zorilo
Frontend developer
Frontend developer
Frontend developer
Dmytro Dubsky
Dmytro Dubsky
Backend developer
Backend developer
Backend developer
Mark France
Mark France
Blockchain Developer
Blockchain Developer
Blockchain Developer
Genesis Gil Bulan
Genesis Gil Bulan
Content Writer
Yhoreneo Posada
Yhoreneo Posada
Operating Manager
Operating Manager
Operating Manager
Andriy Cholak
Andriy Cholak
Blockchain Developer
Blockchain Developer
Blockchain Developer
Mitsunori Kamimura
Mitsunori Kamimura
Product Manager
Product Manager
Product Manager
Vladimir Solin
Vladimir Solin
Product Manager
Product Manager
Product Manager
Anna Vynokurova
Anna Vynokurova
HR Generalist
Vince Howard
Vince Howard
Marketing Expert
Marketing Expert
Marketing Expert
Galina Mikova
Galina Mikova
Head of content
Super Supervisor and Creative Magical Hand for the Team
Technical Writer
White paper Writer
Head of content
Head of content
Nicolas Fleiderman
Nicolas Fleiderman
iGaming advisor
iGaming advisor
iGaming advisor
Eugene Lavrinenko
Eugene Lavrinenko
iGaming Advisor
Director and Founder
iGaming Advisor
iGaming Advisor
Marcin Zduniak
Marcin Zduniak
Blockchain Advisor
Blockchain Development
Lead Developer Blockchain, Fintech
Blockchain Solution Architect
Blockchain Developer
Blockchain Advisor
Blockchain Advisor
Gregory Tkach
Gregory Tkach
Blockchain Advisor
Blockchain Advisor
Blockchain Advisor