TFS is a digital currency for alternative payments within the platform and TruePlay introduces a new feature called Fairsfpin!
Overview
Hello everyone. . my name is Tatank. I personally really like blockchain technology? because this technology is very sophisticated and has its own uniqueness. on the other hand, blockchain technology has developed rapidly, even being popular all over the world. many local and private companies have participated in developing their projects using blockchain technology. and talking about blockchain technology, most investors are familiar with (cryptoqurrency). yes I will explain that Cryptocurrency is a type of digital currency that uses cryptography for security and anti-counterfeiting measures. Public keys and private keys are often used to transfer cryptocurrency between individuals. However, because it is not tied to any particular country, its value is not controlled by the central bank. Examples of the main functions of cryptocurrencies, such as the rise and fall of the price of a coin depend on market supply and demand, which means that it behaves like precious metals, such as silver and gold. well related to that, this time I will bring you a very unique Defi project, and that project is called TFStoken, a platform that is promising, unique, transparent, profitable and will certainly attract a large market investment.
What’s next for Fairspin?
We’ve been always looking towards blockchain as the next step in our evolution process towards openness and security as a platform. This is one of the primary reasons why we’ve decided to partner with TruePlay to help us tokenize our loyalty program and introduce a token of our own that will circulate within the platform.
TruePlay is a secure business tokenization platform that will grant us access to its ecosystem and open new possibilities to us and players alike with the release of the TFS token.
What is the TFS token?
TFS token is a digital currency that will serve as an alternative payment method within the Fairspin platform as well as replace our current loyalty program. Users can transfer, withdraw or exchange TFS for fiat at any time.
Key Points of the TFS token
● TFS is an BEP-20 token.
● 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.
● The emission of tokens is regulated by smart contracts that will generate a certain amount of TFS tokens based on the current exchange price and the daily GGR.
● TFS is a deflationary token with a limited supply, meaning it offers a limited total supply of tokens and a regular monthly buyback in which a certain percentage of tokens is withdrawn from circulation.
Allocation of tokens is divided into 4 stages:
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 rounds will be set at:
0,1 $ on Private Round
0,15 $ on Pre-Sale Round
On Dutch 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
Staking options:
1 day — Reward pool 1% from FairSpin GGR
3 days — Reward pool 3% from FairSpin GGR
7 days — Reward pool 8% from FairSpin GGR
4th Stage:
Token distribution program will be announced with a limited emission to 20% instantly and 2% every week, which users can claim anytime.
Central issues of TFS tokens
TFS is an BEP20 token. TrueMining tokens are permitted. TFS tokens will be credited to all players toward the finish of the playing day as an award for playing. The true-taking token will be accessible through the TruePlay gadget on the stage dashboard. Token issuance is administered by a keen agreement that will create various TFS tokens dependent on the current trade cost and everyday GGR. TFS is a deflationary token with a restricted stockpile, which means it offers a restricted complete symbolic inventory and normal month-to-month buybacks where a specific level of tokens are removed from the flow. The TFS token is another advanced cash that will fill in as the standard installment strategy at Fairspin online club. TFS is a deflationary model token with a restricted inventory represented by brilliant agreements and month-to-month repurchases in which a specific level of the token is removed from the course. TFS will supplant the current dependability program inside the gambling club and offer an extra method to remunerate players and financial backers with the training and true taking program. Simple to utilize gadget for token holders! Store, TrueStake.
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 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!
for more information:
Website: http://tfstoken.com/
Twitter: https://twitter.com/tfsinfo?s=11
medium: https://tfstoken.medium.com/
Telegram Channel: https://t.me/tfstoken_channel
Telegram groups: https://t.me/tfstoken_group
Author
Forum Username: Tatank
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2463756
Telegram Username: @sonyZz
BSC Wallet Address: 0x0dc734919Fa5812f53EF71B1Cf040bE88d7675Ca
