EXCLUSIVE: Q&A WITH THE FASTTOKEN TEAM

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Updated September 21, 2022 | Published December 8, 2020

2 mins read

Fasttoken is one of the most popular Ethereum blockchain-based gaming solutions in the market. In a world where provably fair gaming and RNG are top priorities, it's a company for crypto bettors to be aware of. That's why we had a chat with the Fasttoken team about their operation and its signature Fasttoken token.

Please can you introduce Fasttoken to our readers?

Gladly. Fasttoken is the official cryptocurrency of BetConstruct – a leading software solutions provider in the gaming market. It is an ERC-20 standard token. Upon release, Fasttoken (FTN) will be introduced to the whole BetConstruct ecosystem and partner network, allowing players to deposit, withdraw, place bets, receive cashbacks, and basically use it for anything you can currently do with fiat currencies. Apart from this, Fasttoken is also going to serve as a decentralized casino platform based on the Ethereum blockchain network, that offers truly decentralized, blockchain gaming. It will incorporate slots, instant lotteries, poker, skill games, and later also sports games and betting.

How much potential does BetConstruct see in the future of cryptocurrency within the gaming space?

We at Fasttoken and BetConstruct believe that blockchain technologies and decentralized gambling is the future for the gaming market, the next logical step. We can already see numerous examples of blockchain gambling being a popular niche market with its dedicated player base, and this isn't stopping anytime soon. In fact, its only going to grow since the benefits of blockchain are simply incredible for the gaming space in general. That being said, there is still a lot of work to do regarding mass implementation and popularization, and Fasttoken plans to become one of the earliest and biggest players in this space.

What reaction are you seeing from operators to the concept of decentralized gaming?

BetConstruct's partner network has shown genuine interest in the whole product and the concept of decentralized gaming, largely due to rising demand in some countries, and the incredible opportunities of the blockchain technology in others. Many operators recognize the importance of making their move into this emerging space and share our views of the future of the gaming market that I described above.

What is the latest on the Fasttoken token sale?

Right now, we're actively working on the legal aspects of the token sale. The thing is, with so many “corrupt” and “treacherous” token sales that happened during the last couple of years, the faith towards such endeavours has decreased vastly. We want to provide as much security and credibility to our investors regarding the sale as possible, and we want to host our token sale under one of the most reputable blockchain jurisdictions like Switzerland, Luxemburg, or Malta. Once the legal matters are sorted, the sale will begin immediately, since the technology and all of that jazz has been coded for months now.

What is on the roadmap for Fasttoken for the coming months?

A bit intertwined with point four above, the goal is to sort all the legal matters, which – unfortunately – take longer to settle than we'd like. At the same time, we are in active discussion with a couple of renowned, top five cryptocurrency exchanges to list Fasttoken upon release and even carry out an IEO through their platform.

Roman

Roman is a big crypto enthusiast and a bigger sports fan, so crypto sports betting comes as a major interest for him. Has been involved with the gambling industry since 2017 and sees crypto as a major breakthrough for the payments side, specially beyond first world countries.

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