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 is a deflationary model token with a limited supply governed by smart contracts and monthly repurchases in which a certain percentage of the token is withdrawn from circulation.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
Easy-to-use widget for token holders! Deposit, trueStake, exchange and withdraw your funds anytime! TFS tokens are credited to the user's account as a reward immediately after placing a bet Token stakes are allowed more than 37.5% of the annual prize TFS tokens have a deflationary model component TFS tokens can be deposited, staked and withdrawn at any time directly with Trueplay platform token mining allowed.
Business Features and Opportunities
1. Play
My TFS token too
keep playing on Fairspin
2. Bet
Use the trueStake option
to duplicate TFS token
3. Exchange
Pull, buy, or sell
Widget Overview
Easy-to-use widget for token holders! Deposit, TrueStake,
exchange and withdraw your funds anytime!
Key Points of TFS tokens
● TFS is an ERC20 token.
trueMining tokens allowed. TFS tokens will be credited to all users 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.
The token issuance is governed by a smart contract which will generate a number of TFS tokens based on the current exchange price and daily GGR on the platform.
TFS is a deflationary token with limited supply, meaning it offers a limited total token supply and regular monthly buybacks where a certain percentage of tokens are withdrawn from circulation.
Tokenomics & Token Allocation
The TFS token is credited to the user's account as a reward immediately after placing a bet
The TFS token has a deflationary model component
Bet tokens are allowed more than 37.5% annual reward
Token mining is allowed
TFS tokens can be stored, staked and withdrawn at any time directly with the TruePlay Widget platform
Token Allocation
Phase #1 of TFS Distribution 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 spin will be set at: 0.1$ on Private Round 0.15$ on Pre-Sale Round On Dutch Auction the price starts from 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 of the token staking program is unlocked via the FairSpin dashboard where you can store your tokens for profit
Betting 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
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.
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