TFS - Fairspin - Gaming Token Play Stake and Exchange

in #blockchain3 years ago

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General Introduction

Bitcoin went mainstream in the last four years, and with it, many online casinos began to accept cryptocurrencies. The key advantage of blockchain technology being used in the online betting, gambling, and casino sector is that it provides transparency in database transactions. And while players are typically skeptical, possibly assuming it was a scam site, by using blockchain they can see exactly how the transactions are processed, solving this problem. Using blockchain, if you lose your money you can see where it goes in the system. This means you can see exactly how much the website earns from your deposit, and how trustworthy the site is.

In the coming years, the use of blockchain in online betting or casinos will accelerate and become even more mainstream. We are already seeing projects that are disrupting the space by basing their infrastructure entirely on blockchain payments. This gives complete peace of mind to their players and is proving increasingly popular. Amongst such projects is one name is TFS(Fairspin)

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About Fairspin
Fairspin is all about honesty and providing a reliable online crypto casino experience to their clients. Fairspin is powered by the blockchain developers at Trueplay. Trueplay capitalizes on the latest distributed ledger technologies, making the process of player activity tracking completely easy and transparent for any party involved. This transparency makes sure that all the outcomes of your casino games are fair. Their names come from fair casino spins and they live up to that expectations. Fairspin accepts deposits in crypto and fiat, still using the ERC20 token as a unique currency to track all transactions.

Now Fairsspin utilizing TruePlay's complex technology and will grant us access to its ecosystem and open new possibilities to us and players alike with the release of the TFS token.

TFS Token
TFS token is a digital currency that will serve as an alternative payment method within the Fairspin platform as well as replace the current loyalty program. Users can transfer, withdraw or exchange TFS for fiat at any time.TFS token is a new digital currency that will serve as a standard payment method at Fairspin online casino with over 338,000 real users and a net profit of $4,5 mln.

Features of TFS Token
TFS is a deflationary model token with a limited supply that is regulated by smart contracts and a monthly buyback in which a certain percentage of tokens are withdrawn from circulation.
TFS will replace the current loyalty program within the casino and offer additional ways of rewarding players and investors alike with trueMining & trueStaking program
trueMining of tokens is allowed. TFS tokens will be credited to all players at the end of the playday as a reward for playing.
trueStaking of tokens will become available via the TruePlay widget in the platform’s dashboard.
Easy to use Widget for token holders! Deposit, trueStake, exchange and withdraw your funds anytime
TFS tokens are credited to a user's account as a reward directly after placing a bet
Staking of tokens is allowed more than 37,5% annual reward
TFS token can be deposited, staked, and withdrawn at any time directly with the Trueplay platform
Mining of tokens is allowed.

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Tokonomics
Token Name: TFS Fairspin
Token Ticker: TFS
Network: Binance Smart Chain
Total Supply: 30,000,000
Allocation of Tokens

1st Stage:
The distribution of TFS will kick off with 3 rounds of a Private Sale, Pre-Sale, and a Dutch Auction with a limited supply of 15 million tokens listed for sale. Token price on each round will be set at:

0,1 $ on Private Round
0,15 $ on Pre-Sale Round
In Dutch, the Auction price starts from 1 $ with 0,2 $ as a reserve price.

2nd Stage:

After the sale of tokens is complete a pool of 10–20% of tokens sold at the auction will be moved to Uniswap with the final auction price increased by 50–100%.

3rd Stage:

The token staking program is unlocked via the FairSpin dashboard where you can store your tokens for profit

4th Stage:

Token distribution program will be announced with a limited emission to 20% instantly and 2% every week, which users can claim anytime.

Conclusion
TFS is a digital currency that will serve as an alternative payment method within the platform and will open up new opportunities to reward players for actively playing and using TFS tokens within and beyond the platform’s boundaries. Our partnership with TruePlay has helped us tokenize our loyalty program as well as introduce new features to the platform that will attract new users globally. We are super excited to invite all of you on this journey with us and lead the way to the crypto future of Fairspin!

Learn More

Website: https://tfstoken.com/
Telegram:https://t.me/tfstoken_group
Twitter: https://twitter.com/tfsinfo
Medium: https://tfstoken.medium.com/

Authorship
Bitcointalk username : beleful
Bitcointalk user profile url : https://bitcointalk.org/index.php?action=profile;u=2693998
BSC address: 0x69776E601226eaf07d8A5455eEb53eC63A2db8DE

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