TFS Token is a Fairspin Platform Deflationary Token.

in #tfs3 years ago

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Fairspin is a popular online gaming platform with over 300,000 registered members and 10,000 daily active players. Fairspin has grown significantly since its inception in 2018, establishing itself as one of the industry’s leading companies. It’s no surprise that Fairspin continues to develop since it provides fair and honest games that players can play securely and comfortably from their different devices.
Fairspin is also working with TruePlay to develop tokens that will help with different requirements on the platform, in order to build a more creative and contemporary environment. TFS coin is a cryptocurrency based on Ethereum ERC-20 that will be used as a utility token on the Fairspin platform. The TFS coin will eventually replace Fairspin’s existing loyalty program, making the Fairspin payment system more creative and lucrative for users.
Deflationary Token TFS
Several online gambling companies have recently begun to include cryptocurrency as part of their systems. Online casino platforms that utilize bitcoin on their platforms may provide customers with more creative payment methods than those that use traditional technology. Cryptocurrencies facilitate transactions, are safe, and can be used on a variety of platforms. As a result, Fairspin, a key participant in the online casino business, has begun to incorporate cryptocurrencies into its platform. Fairspin introduced the TFS Token in collaboration with TruePlay to replace the existing Fairspin loyalty program. TFS Token will be used as an alternate payment mechanism in Fairspin, with TokenBack and Staking providing additional opportunities to reward participants.
TFS Token is a cryptocurrency based on the Ethereum ERC-20 standard that users may transfer to other digital wallets that support the ERC-20 protocol. The Trueplay platform allows users to deposit, stake, withdraw, and stake at any moment.
Features of the TFS Token
TFS Token is a cryptocurrency that will replace the Fairspin gaming platform’s existing loyalty program. TFS Token will enable different user transactions on the Fairspin platform by acting as an alternate payment mechanism, and will reward users for their loyalty. But that’s not all; TFS Token also has the following features:
Users may mine TFS Token in order to keep playing on the Fairspin platform. Players will continue to play and win every day in this manner.
Stake: By staking TFS tokens, users may increase their TFS tokens. Users have the chance to earn more than a 37.5 percent yearly bonus.
TFS tokens will be paid to the user’s account as a prize immediately after the wager is placed. As a result, players may continue to play without fear of not receiving their prize.
Deflationary Tokens: By using a deflationary mechanism, the quantity of TFS tokens will continue to shrink with each transaction, lowering its value.
TruePlay Widget platform: The TruePlay Widget platform allows users to deposit, stake, and withdraw their TFS tokens directly.
TFS token value: Once listed on Uniswap, the price of TFS tokens is expected to rise in the future. Those that join at a cheaper price will clearly gain.
Tokenomics
TFS Token, as previously stated, is an Ethereum ERC-20 based cryptocurrency with a total quantity of 30,000,000 tokens. TFS Token has a deflationary method, which means that the quantity of TFS Tokens is restricted, and the team buys back TFS Tokens every month to keep the token price stable or grow. Users who have TFS Tokens may play immediately on the Fairspin platform without having to exchange their chips beforehand. Users may also mine TFS Tokens in order to keep playing on Fairspin or stake their tokens to increase their value. The benefits of holding TFS Token will be many, particularly for hodlers and investors.

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To sum up,
Now, online gaming platforms are incorporating cryptocurrency into their payment systems in order to make them more creative and contemporary. Many benefits will accrue to the platform as a result of its use of cryptocurrencies. As a result, Fairspin, one of the most prominent online gaming platforms, teamed together with FairPlay to create the TFS token, a cryptocurrency. TFS tokens will eventually replace the Fairspin platform’s loyalty program, providing a more creative payment system in which users may spend TFS tokens to play, mine tokens to keep playing on Fairspin, or stake tokens to double their tokens. The Fairspin platform’s TFS coin is the next big thing.
Read More Here:
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