TFS Token - New digital currency for Casino payment methods

 

INTRODUCTION

But before going any further, I want to tell you first about Cryptoqurrency or Blockchain Technology. So, Cryptocurrency was originally known as a payment system that allows people to be able to make transactions quickly, without third parties, transparently, securely, and anonymously. Satoshi who is the creator of Bitcoin, makes Bitcoin beat the centralized financial system that is prone to manipulation and controlled by one party. With the growth and development of the Crypto or blockchain ecosystem, a number of alternative investment options have emerged, and have proven to be more efficient and profitable investment tools than traditional financial returns. Innovative projects are consistently emerging in the crypto industry with high return investments and continuous trends, such as TFStoken is one of the projects that will attract large market investments. So, don’t waste this golden opportunity.

What is TFS tokens?

Before going any further, I will first explain about the TFS Token and also what its purpose is. So, what is meant by TFStoken is a type of digital currency that has unique characteristics and interesting features. The main function of the FTS token is to serve as an alternative payment method on the Fairspin platform, replacing our current loyalty program and being safe to use. on the other hand each User has the right to transfer, withdraw or exchange TFS for fiat at any time.

What is 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.

Features Of TFS Token

1. TFS is a deflationary model token with a limited supply that is regulated by smart contracts and a monthly buyback in which a certain percentage of tokens are withdrawn from circulation.
2. TFS will replace the current loyalty program within the casino and offer additional ways of rewarding players and investors alike with trueMining & trueStaking program
3. trueMining of tokens is allowed. TFS tokens will be credited to all players at the end of the playday as a reward for playing.
4. trueStaking of tokens will become available via the TruePlay widget in the platform’s dashboard.
5. Easy to use Widget for token holders! Deposit, trueStake, exchange and withdraw your funds anytime
6. TFS tokens are credited to a user's account as a reward directly after placing a bet
7. Staking of tokens is allowed more than 37,5% annual reward
8. TFS token can be deposited, staked, and withdrawn at any time directly with the Trueplay platform
9. Mining of tokens is allowed

Tokonomics

• Token Name : TFS Fairspin
• Token Ticker : TFS
• Network : Binance Smart Chain
• Total Supply : 30,000,000

Allocation of Tokens

• 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 round will be set at: 0,1 $ on Private Round 0,15 $ on Pre-Sale Round In Dutch, the 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
• 4th Stage : Token distribution program will be announced with a limited emission to 20% instantly and 2% every week, which users can claim anytime.

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 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!

Contact 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: dey90
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