Last years blockchain has been applying in various directions. Such areas are often closely connected with entertainments. And nowadays we can see and enjoy many games that are based on blockchain technologies.

There are two main types of these games: pay-to-earn and play-to-earn (P2E). The first is based on the model where participants initially need to purchase in-game assets. The second is based on the model where gamers are compensated for playing and participating in inner economies. This model allows players to buy and sell game-related things.

Tofycoin represents a crypto asset that is able to function as a payment system within different kinds of games (mobile, web and pc ones). It can be an effective supporting instrument for inner economies of their ecosystems.

This asset is closely connected with P2E games, GameFi and NFT (non-fungible token) areas. Before we start to explore this cryptocurrency, let’s consider the connection between these terms in a more detailed way.

The role of GameFi and NFTs within P2E games

The meaning of GameFi can be described as the the development of earning potential of the gaming process. It supposes the creation of such gaming ecosystems that help to support high transaction rates and minimal fees, avoiding the necessity of spending huge amounts of money in transaction costs during different operations within the game.

NFTs are applied within such systems in order to improve the model of possessing in-game assets. Its tokenizing with the help of NFTs leads to the nullification of the risk of losing such assets in the situations connected with going down of a gaming website, for example.

In simple words, Tofycoin helps to organize gaming ecosystems where players are free to earn and possess their assets completely. Let's consider this product in a more detailed way.

Tofycoin: a new player in the gaming industry

Tofycoin is a crypto asset within the NFT environment. This asset can functioin as a payment system in various mobile, web and pc games. It touches upon both project own games and the products of partner companies.

It's a token on Binance Smart Chain network. What possibilities are opened for its holders?

How can we use Tofycoin?

There are different ways to use Tofycoin within gaming ecosystems. Players will be able to:

• Pay for gameplay fees
• Purchase NFTs
• Take part in tournaments
• Buy and upgrade game characters and other in-platform assets
• Engage in the governance of the ecosystems (voting on roadmap, new content and the creation of prize pools)

Worion: the first game by Tofycoin

Worion is an example of Play-to-earn games. It will be the first game where participants will be able to earn Tofycoin as a reward for their time and effort in the form of achievements or high rankings by playing.

Worion is the FPS (first person shooter). But if you don't really like this kind of games, you will be able to wait for games of other genres.

Significant advantages of the project

There are several key points that helps Tofycoin to stand out from analogical projects. Here they are.

Real time update. Full-time servers allow to make transactions with 0.003 sec processing time.

Absence of transaction fees. Holders are able to transfer Tofycoin for free.

Cloud based. Cloud servers of the project are situated in 7 countries. It provides fast and safe transactions.

Experienced team and advisors. Engineers, team and consultants help the project to progress.

Tofy Wallet. This instrument is suitable for buying, selling and transferring Tofycoins. It can be downloaded from the official website or on Google Play or App Store.

Identity defense. Personal information is protected by 256Bit encryption. Coins are kept in Tofy Wallet cold storage.

The tokenomics of the project

The total supply of TOFY is 100,000,000 tokens. Listing price is $0,25.

The image below shows the allocation of tokens.

Roadmap

At the moment, the Roadmap of the project includes different events up to the end of this year.

July 2021

The beginning of the project

October 2021

The beginning of development steps

December 2021

Marketing team building

March 2022

Working on API

July 2022

Whitepaper 2.0 release

September 2022

The start of IDO/IGO

October 2022

P2E game beta version release

October 2022

First DEX and CEX listings

November 2022

P2E game launch at Google Play and Apple Store

Conclusion

Tofycoin looks like a promising project that is going to change the current situation on the market of P2E games. This asset can be effectively applied by the developers within different gaming products. That's why this cryptocurrency is able to become to really popular.

You can get to know more about Tofycoin thanks to these resources:

Website: http://tofycoin.com/

Whitepaper 2.0: https://www.tofycoin.com/docs/Whitepaper.pdf

Twitter: https://twitter.com/tofycoin

Telegram: https://t.me/tofycoin

Discord: https://discord.gg/tofycoin

Medium: https://medium.com/@Tofycoin

Instagram: https://instagram.com/tofycoin

Facebook: https://www.facebook.com/Tofycoin

LinkedIn: https://www.linkedin.com/company/tofycoin

Youtube: https://www.youtube.com/channel/UCly6iRcQHEKrVE0pdrpHSgQ

Proof of authentication with the data about the author of the article from BTT forum:

Forum Username: Arcadio707
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2426003
Telegram Username: @AlexejKorneev
BSC Wallet Address: 0xa2B2a90f61aFE492C343B7314EE6e03791A47ad8