While Bitcoin SV (BSV) is a fast and cheap way to make micropayments for users and businesses alike, it can also be a lot of fun, too. Phun.io, “The First Bitcoin SV Crash Game,” has been proving that for quite some time now, letting users bet a bit of Bitcoin on a fast and fun game.
If you’re unfamiliar with a crash game, the concept is pretty easy to understand. You bet a few bits, and then compete against the house and other players in a virtual game of chicken. As a multiplier increases, players have to decide how high they will let it get before they cash out. Randomly though, the game will crash, causing any player who hasn’t cashed out to lose their bet. Whoever lasts longest without crashing also gets a bonus.
While playing conservatively and cashing out early every time for small profits might seem like the safe bet, the house guarantees their 0.5% edge with a 1 in 101 chance that the game will crash instantly, paying out none of the active players.
What that leaves you with is a fun but tense game where you want to hang in there for the best multiplier you can get, but without crashing so often that you kill your profits.
The site is provably fair, as their well-documented website proves, so you know the odds of a crash are just as they say, with everything recorded on the blockchain.
If you don’t have any BSV, this is also a great way to make some. The site offers a little bit of free BSV every hour from a faucet to get players started, or to keep playing if they bust. Every few hours, a moderator will also gift BSV to active players as well to encourage them to play on.
It’s also a great place to meet other members of the BSV community. A multi-language chat, with filters to select language, always has players chatting away and encouraging each other. At the time of publication, there were a couple of dozen players in the English chat, keeping the fun going into the late hours of the night.
You don’t have to worry too much about breaking the bank either. Bets are capped at a maximum 0.025 BSV, keeping things fairly low stakes and manageable.
For what it is, there’s really not much bad to say about Phun.io. It’s a fun little gambling site where you can make some friends, place some bets, and maybe win a bunch of BSV.
To receive the latest CoinGeek.com news, special discounts on CoinGeek Conferences and other inside information direct to your inbox, please sign up for our mailing list.