BFG Token mining and usage
BFG token
BFG is the unified token of BetFury platform with a max supply of 5 000 000 000. To expand potential market opportunities and improve the dividends payout we decided to fork BFG for BFG(BTC) and BFG(TRX) subtokens inside the site.
Basic native BetFury game token (BFG) continues to be based on TRC-20 smart contract.
By placing bets on the BetFury platform players are involved into the Mining process.
To mine BFG tokens players should place bets in other available currencies.
Mining on BetFury
Now depending on the cryptocurrency you use when placing bets, you will get BFG(BTC) and BFG(TRX) subtokens accordingly:
- Bet with TRON crypto (TRX, USDT, BTT) - get BFG-TRX.
- Bet with Bitcoin - get BFG-BTC.
Mining price:
BFG(TRX)
In-House games: start from 40 TRX/1BFG
Slots games: 13.5 TRX/1BFG
Increasing: for every mined 100 000 000 BFG token the price increases for +1 TRX (for In-house games) and +0,5 TRX (for slots).
BFG(BTC)
In-House games: start from 0.00007000 BTC/1 BFG
Increasing: for every mined 100 000 000 BFG token the price increases for +0.000001 BTC
Example: 0.00007100 BTC → 0.00007200 BTC → 0.00007300 BTC → 0.00007400 BTC → 0.00007500 BTC
Slots games: start from 0.000023 BTC/1 BFG
Increasing: for every mined 100 000 000 BFG token the price increases for + 0.0000005 BTC
Example: 0.000023 BTC → 0.0000235 BTC → 0.000024 BTC → 0.0000245 BTC
Benefits for miners
- Low barrier to entry. BetFury product realization provides a possibility for all users to start playing on BetFury with min bet of 0.0.00000001 BTC/TRX/USDT/BTT/BFG(BTC/TRX). That is a great opportunity for all new users to explore dapps space with minimum risk.
- Investments return (ROI) in 90 days only.
- No special equipment required.
- Stable mining price growth.
- Every person holding BFG Tokens is a stakeholder of the platform. The BFG BetFury tokens are used for profit sharing system - Dividends. BetFury tokens are also used to make bets on in-house games such as Auction.
Staking
By Staking BFG tokens you'll receive your part of platforms profit (dividends) from the Dividend pool.
New Staking system involves that users don't need to use the Tron network to receive payouts for freezing BFG. BetFury Staking and 90%-10% system allows opening a new interest line for newcomers from non-dapp market who are going to use BetFury services.
Staking – a feature, which means that users claim a reward from the Dividend pool by only for holding BFG tokens on their game accounts. Get profit from all the platform’s funds, regardless of whether you are staking:BFG(TRX) or BFG(BTC).
Gaming
BFG(BTC) and BFG(TRX) are available for gaming on In-house games. Affordable minimum - 0.00000001 BFG(BTC)/BFG(TRX). The maximum bet depends on the game and odds.
Cashback
Cashback for BFG is also accessible - play your favorite games, level up your Rank and get more coins back!
Rank Benefit
BetFury has a lot of features. Mine more BFG tokens and get increased cashback, bonuses and other benefits.
Auction
Grab prizes in crypto from the Auction pool by placing bids in BFG:
- Place bids in BFG(BTC) to win BTC;
- Place bids in BFG(TRX) to win TRX.
BFG tokens burning
BetFury team supports the healthy product economy and the further ecosystem growth, that's why we conduct a monthly BFG token burning process.
What is it for?
- To increase the value of BFG token,
- To keep the balance between holders and developers
- To support the constant growth of Dividend payout for the token holders.
Tokens are burned once a month. You can track all the token burnings in the "About Token" section - “History of burned BFG” tab.
What is the BFG future?
Are there going to be other subtokens in the future?
No, the BetFury team is not going to divide BFG anymore.
Moreover, the subtoken BFG(BTC) is a solution to invite more people who have no idea about BetFury and I-Gaming staking and dividends payouts opportunities.
Which one of the subtokens is going to be listed? Both?
As soon as the listing agreement is going to be signed and all the details will be cleared Betfury team plan to initiate a swapping procedure to unite BFG(BTC) and BFG(TRX) into the one BFG token.
When is BFG swapping going to be done?
Once we have any progress in the listing procedure we may share more cleared info.
Definitely swapping will be right before the listing. All the BFG holders will be informed in time and don't miss it.
How is the swapping going to happen? In which ratio?
We are going to use daily profit metrics as the main data to make the fairest swap.
In this case, the main idea of BetFury team is to keep holder's daily payouts after swapping not less than the before (in USD equivalent).
What about ETH, XRP, LTC and another top crypto? BetFury token economy plan for them?
Multicurrency is our epic task. For sure the team is going to add more crypto in the near future. All Tron based crypto will be added to BFG(trx) mining, which means if we are going to add JST, USDJ, or any other TRC token, by placing bets users will get BFG(TRX). Non-Tron crypto ETH, XRP, DOGE, etc will be connected to BFG(BTC) mining, which means by placing bets in those crypto users will get BFG(BTC), mining price connected to BTC rate (bet 0.00007 BTC = 0.0028 ETH get 1 BFG(BTC)).
After the swap BFG token holders are going to get daily profit from every presented on the platform dividend pool.
P.S. BetFury reserves the right to change the plans and economy mechanics in case of market changes, security requirements, exchange requirements related to listing procedures, or any other.
All the BetFury solutions faced to players and holders interests, community growth, long term strategic business development purposes, and cryptocurrency market growth.
Enjoy the best gaming entertainment with the advantages: BTC, TRX, USDT, BTT Dividend pools, Rank VIP system, Cashback up to 25%. It's easy to make profit on BetFury — just play and multiply BFG tokens!
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