TFS

Juli 26, 2021

TFS is a deflation token with limited supply

Bitcoin went mainstream in the last four years, and with it, many online casinos started accepting crying p tocurrencies. The main advantage of blockchain technology used in the betting, gambling and online casino sector is that it provides transparency in database transactions. And while players are usually skeptical, perhaps assuming it is a scam site, using blockchain they can see exactly how transactions are processed, solving this problem. Using blockchain, if you lose your money, you can see where it went in the system. This means you can see exactly how much the website is getting from your deposit, and how trusted the site is.

In the coming years, the use of blockchain in online or casino betting will increase and become more common. We've already seen projects disrupting the space by basing their infrastructure entirely on blockchain payments. This provides peace of mind to their players and is proving to be increasingly popular. Among those projects is one name is TFS(Fairspin)

What is 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 leverages the latest distributed ledger technology, making the process of tracking player activity really easy and transparent for all parties involved. This transparency ensures that all the outcomes of your casino games are fair. Their name comes from the fair spins of the casino and they live up to that expectation. Fairspin accepts deposits in both crypto and fiat, still using the ERC20 token as a unique currency to track all transactions.

Now Fairsspin leverages TruePlay's complex technology and will give us access to its ecosystem and open up new possibilities for us and players by releasing the TFS token.

What are TFS Tokens?

The 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.

The TFS token is a new digital currency that will serve as the standard payment method at Fairspin online casino with over 338,000 real users and a net profit of $4.5 million.

TFS Token feature

TFS is a deflationary model token with a limited supply governed by smart contracts and monthly repurchases in which a certain percentage of tokens are withdrawn from circulation.
TFS will replace the current loyalty program within the casino and offer an additional way to reward players and investors with the trueMining & trueStaking program
trueMining tokens are allowed. TFS tokens will be credited to all players at the end of the playing day as a reward for playing.
trueStaking tokens will be available via the TruePlay widget on the platform dashboard.
Easy-to-use widget for token holders! Deposit, trueStake, exchange and withdraw your funds anytime
The TFS token is credited to the user's account as a reward immediately after placing a bet
Bet tokens are allowed more than 37.5% annual reward
TFS tokens can be deposited, staked and withdrawn at any time directly with the Trueplay platform
Token mining is allowed

Benefits of TFS Token

Players can get TFS Tokens just by playing FAIRSPIN and holders can also add TFS Tokens by risking Games which is very stable for players and investors. Only by staking your TFS Tokens you are entitled to double all your tokens. and as a reward for players and investors who can bet more than 37.5%/year, for me this is a very fair and profitable bet,. and for prizes your TFS Tokens will be directly credited to your account after you place or bet. You can exchange the results on Uniswap.

Tokonomics

Nama Token: TFS Fairspin
Token Ticker: TFS
Jaringan: Binance Smart Chain
Total Supply: 30,000,000

Token Allocation

Stage 1:

Distribution of TFS will begin with 3 rounds of Private Sale, Pre-Sale and 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 Personal Spin
0.15$ on Pre-Sale Round
In Dutch, Auction price starts at 1$ with 0.2$ as reserve price.

Stage 2:

After the token sale is completed, the pool of 10–20% of tokens sold at auction will be transferred to Uniswap with the final auction price increasing by 50–100%.

Stage 3:

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

Stage 4:

The token distribution program will be announced with limited emissions up to 20% instantly and 2% weekly, which users can claim at any time.

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 boundaries of the platform. Our partnership with TruePlay has helped us mark our loyalty program as well as introduce new features to the platform that will attract new users globally. We are excited to invite you all on this journey with us and lead the way towards the future of Fairspin crypto. I also believe that this project can achieve great success in the future.