Tofycoin
Hello everyone, this new post I would like to introduce about a very interesting and good Tofycoin project that is and for more details let's go to the following discussion:
#Tofycoin #Gamefi #IDO #Play2Earn #NFT #P2E
When these games were introduced, they were seen as an adventure to bring people together and provide some fun. The premise is simple; you play the game and you win. This is called a play to win (P2E) game.
The way it works is simple: at the end of every game, players are rewarded with cryptos or special non-fungible tokens (NFT) that have certain advantages over other NFTs. These advantages give them value and make them tradable on secondary marketplaces and internal trading platforms. The items can also be easily transferred from one player to another, effectively providing an opportunity to earn some extra money by playing games.
This kind of opportunity was quickly recognized by the crypto community, which has already formed several separate NFT marketplaces where gamers can buy and sell (or trade) their NFTs for other specialized ones that could be more valuable than the original. As a result, P2E gaming has become one of the most exciting new trends in blockchain technology, as it has brought with it a whole new way to earn money through gameplay.
“Play to earn” principle is the future of the game industry. The games are always a source of income for both the players and, in case of a successful game, for the developer. Tofycoin has aimed to bring together both challenges through Blockchain via the play to earn (P2E) philosophy. Tofycoin has developed on Binance Smart Chain (BSC) network for using in Tofy Game’s own game ecosystem and partner games.
Aims Of Tofycoin
While traditional cryptocurrencies are designed for payment processing, we have designed Tofycoin to be used as a game currency in various online mobile games. There are many benefits of using a cryptocurrency for in-game purchases as it allows players to purchase virtual goods with ease and convenience at discounted prices.
The main goal of developing an in-game currency is to encourage more players to complete the in-game tasks and play the games while earning the cryptocurrency by playing and utilizing it within the games.
The main difference between existing cryptocurrencies and Tofycoin is that Tofycoin can be used as an exchange currency for all transactions i.e game rewards, high ranking rewards, tournaments as well as all in-app purchases. This will increase its demand which will ultimately result in a higher price of Tofycoin. Since Tofycoin is a decentralized cryptocurrency, its value will not be affected by any governmental or other organizations.
Tofycoin will provide platform support by integrating $TOFY tokens, leveraging our in-house technology and playable NFTs. Besides being a fun way to spend spare time, playing games has become an increasingly popular way to earn a living.
The revenue model for Tofycoin is based on 20%-70% revenue share of the product's sale price, which is paid for by fiat or TOFY tokens. To receive their share, developers must integrate their game with the Tofycoin platform and agree to the revenue share terms by signing off on the agreement in their developer portal. Once this occurs, Tofycoin's team will work together with that developer to get the integration up and running.
Tofycoin ($TOFY) Utilities
As a world’s first NFT virtual item trading platform, Tofycoin provides a non-central platform service where gamers can sell and buy virtual items through the NFT Market.
Tofycoin has built its platform on the Binance Smart Chain (BSC) network to support the Tofy Game Ecosystem. In a nutshell, players can use Tofy coins to buy in-game items and services. The Tofy coin can be transferred or traded among players or traded back into Binance’s BSC coin, which is an exchange-listed cryptocurrency that also powers Tofy’s platform.
In the global gaming industry, there are many NFT-type cryptocurrencies such as Cryptokitties that have a very high market share. However, the use of these coins in game payments is not widespread due to many factors such as low transaction efficiency and difficulty in understanding.
Moreover, the value of NFTs is often determined by the game value rather than real world value. Tofycoin aims to solve these problems by operating on the blockchain and being able to be used outside of games. The Tofycoin token is based on the Ethereum blockchain. It is a digital asset that can be easily purchased or sold through exchanges or other players.
By virtual of our full-time servers, you can easily perform transfer processes with 0.003SEC processing time. With our strong engineers, wide team and our consultants who have not spared their support since the day Tofycoin started at your side.
Tofycoin do not charge fees for Tofy coin transfers. By virtual of cloud servers located in 7 countries your transactions are fast and secure. The Tofy Wallet makes buying, selling, and transferring $TOFY coins simple. Tofy Wallet is available on the www.tofycoin.com website, Google Play and App Store.
$TOFY Token Information
Tofycoin is a cryptocurrency that operates in the NFT area and can be used as a payment system in mobile, web and pc games. The total supply of Tofycoin has been fixed at 100,000,000 tokens. All the tokens have been created during the pre-sale and ICO.
Each token has its own properties:
It is a digital collectible which can be used as an asset or game currency.
Tofycoin will be used as:
The main currency for payments within games based on the blockchain.
A means of payment for in-game purchases of game items, objects and assets.
A means of payment for online gaming services (poker rooms, casinos). Balance of Tofycoins will be stored on special wallets on the blockchain.
A mean of payment for game items trading between players. It will allow players to sell unused game assets directly to other players.
Finally, Tofycoin: Blockchain meets the gaming industry
The crypto game industry is growing with a rapid pace. The time has come when traditional gamers and PC/console games will be complemented by mobile games and crypto games. Tofycoin has developed a unique Blockchain-based simple, secure and reliable ecosystem for users to earn Tofycoin through playing games.
With the decreasing costs and increasing player base, the success of cryptogames can only be certain. And if you’re looking to play games and earn rewards in blockchain (Play-to-earn) while you do so, then Tofycoin is the perfect choice for you.
#tofycoin #gamefi #ido #play2earn #nft
For more information, visit link below:
Website: https://www.tofycoin.com/
Telegram: https://t.me/tofycoin
Discord: https://discord.gg/eaU8JQTM
Twitter: https://twitter.com/tofycoin
Author : faujan.nawawi
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2573696
BSC wallet address : 0xeD8DAa81eca4761d512A5F9AEB38B4598CEc9965