FAQs

How fast do I receive the reward once I win a prediction game?

You will need to go to the History category and select the “claim” button for the predict you won and your winnings will automatically be transferred to your predicting wallet, usually within 10 to 20 seconds depending on the load of the Binance Smart Chain network.

Do I need to have a Binance account to play?

The predicting app automatically creates a Binance Smart Chain account for you for all predicting-related transactions. However, you will need to transfer some BNB to your wallet from another BNB account. This can be an account in your cryptocurrency wallet or an account on an online cryptocurrency exchange. The latter is a simpler option for players who are not familiar with cryptocurrencies.

Do I need to download anything to my computer?

No, you don’t. Our solution is web-based.

What does each game type mean?

Multiple Choice game provides users with multiple answer options and it requires user to predict only one correct answers from the choice options.

The handicap game is where users predict on a team that begins the game with a disadvantage (or handicap) and needs to score more goals in order to beat the opposition.

An over–under game is where the host predict a number for a statistic in a given game (usually the combined score of the two teams), and the users will predict that the actual number in the game will be either higher or lower than that number.

Home/Away/Draw game is where user has to select a Home Team to win, or an Away Team to win, or a Draw at the end of the play time of a match.

Yes/No game is where the host present a statement and the users have to choose the correct answer between two answer options, which are “Yes” or “No”.

Where is the development team from?

Our founding company located in Singapore. The members are staffed from multiple countries.

What did we do before developing EFUN?

Our core team were key members of top tier projects including some famous ones such as Travala.com, Defi For You, and many others. We've been running outsourcing teams of 1000 developers for 10 years.

How does EFUN differ from other prediction platforms?

We are not the same because we are not the bookmaker. Basically, people do not play against EFUN platform. We only play the role of the platform owners who provide multiple gameplays for users to play against each other. If you lose in a predict, your tokens go to the users who win that predict, not to EFUN. If you win a predict, you earn the tokens from the losers of that predict, not from EFUN. What we really get from your games is a small percentage based on the won amount. This is clearly described in the Predict transaction fee.

What is the total supply of the EFUN Token?

That is 10,000,000,000

What will be the Initial Market Cap of the EFUN Token?

Less than $2,000,000.

The marketing strategy for the token after the launch?

Many marketing campaigns have been done before/after IDO, also listing.

Sponsored events feature will bring other partners' community to EFUN, for joining prediction game, they need EFUN tokens, which will increase the value for EFUN holders

We are working with racing/battling games for hosting their race/battle Livestream, AND prediction on EFUN, and again, we will get Gamefi community to join prediction by buying/holding EFUN.

In addition to the BSC network, is there any other network layout in the future?

EFUN have plans for supporting multi-chain prediction in Ethereum, Fantom, Polygon, Solana, etc.

What is your next plan for the product development?

We started EFUN with football match predictions, but this is the very first step to reach out to the football lovers' community. Our vision is much farther than that.

Vertically, we are going to develop more gameplays to provide more options for users to play the prediction games as much as they love to.

Horizontally, we are going to expand the area of the predictions. For sports area, we will add more leagues and matches from other sports such as basketball, volleyball, American football, tennis, boxing, etc. For other areas, we will have plans to develop the best gameplays so that users can predict any events on Earth. For example, who will be the next USA president? Who will be the next Miss World? Who will be the next Ballon d'Or? Where there's prediction, there's EFUN!

What are the fees I have to pay?

If you use EFUN to place a predict, the transactions fees to claim your won amount is 3%.

If you use other tokens to place a predict, the transaction fees to claim your amount is 6%.

The detailed purposes of the transaction fees are described in the section…

Who validates the result?

The result of every prediction is automatically calculated by the house smart contract which is an Binance application that functions like an escrow agent for the players of any predictions on the Efun platform.

Do I need to open an account and provide any personal information (eKYC) to the platform?

No, you don’t! Our solution is an anonymous platform, it does not require players to provide Know-Your-Customer details or go through approvals of any kind. Your only id is the address of your wallet which is automatically produced when you connect your wallet.

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