Cryptocurrencies are taking over the online market and spreading very fast as every day new currencies/coins are introduced in the market. Blockchain is a technology used for the development of cryptocurrencies and Blockchain is a digital database of transactions over the internet related to cryptocurrencies. Blockchain contains all the records of crypto transactions that occur over the internet and contains data in the form of Blocks, and every time new information enters the system, a new Block is created for it. The most famous and popular crypto coins are Ethereum and Bitcoin, which are developed using Blockchain technology.
What is TruePlay Technology?
Tru ePlay is considered an honesty control system based on Blockchain technology to provide honest, correct and safe game results. TruePlay with Blockchain combination provides an opportunity to control the flow of finances and ensures to provide honest and transparent results of all games that bring all casinos under the platform.
What is FairSpin/FairSpin.io?
Fairspin is an online casino platform that combines classic game data with Blockchain Technology for transparency of game data from top providers like, NetEnt, Microgaming, etc. All this is possible because of TruePlay technology. In 2019, Fairspin players won over 46,500 ETH. Fairspin also known as Fairplay was nominated for rising star by the EGR Operator Awards and SBC Awards.
Fairspin was the first known casino to display game statistics such as deposits, payouts, actual win rate of each game presented on the website, all wins and losses and calculate the actual percentage, publicly and every transaction can be tracked via Etherscan.
What are TFS Tokens?
The TFS token is a digital currency/coin introduced by Fairspin.io that will be used as an alternative payment method within the Fairspin platform and will also replace the current Fairspin.io loyalty program as platform users can transfer, withdraw or exchange TFS for fiat at any time. . .
The TFS token is an ERC-20 token and enables tureMining tokens for its users. At the end of each playing day, users will be awarded TFS tokens. TFS is a deflationary token and has a limited supply with regular monthly repurchase features (platforms buy their own coins to maintain price stability and to stop price dumping) where a certain percentage of tokens are withdrawn from circulation.
tokennomics
TFS Token Allocation
The TFS token has 4 stages:
Stage 1:
The TFS token has 3 rounds namely Private Sale, Pre-Sale and Dutch Auction with a limited supply of 15 million tokens and the price for each round is:
0.1$ for Private Round
0.15$ for Pre-Sale Round
1$ with 0.2$ as reserve price On Dutch Auction Round.
Stage 2:
Upon completion of the first round, the pool of 10–20% of tokens sold at auction will be transferred to Uniswap and the final auction price will be increased by 50–100%.
Stage 3:
The Staking Program will be unlocked using the FairSpin dashboard so that users can store their tokens for profit. Below are the betting options:
1 day — 1% prize pool from FairSpin GGR
3 days — 3% prize pool from FairSpin GGR
7 days — 8% prize pool from FairSpin GGR
Level 4:
In the final stage, the distribution of Tokens will be announced with 20% limited emission instantly and 2% weekly, which users can claim at any time.
Token Allocation
Benefits of TFS Token
Players can get TFS Tokens just by playing FAIRSPIN and holders can also add TFS Tokens by staking the Game 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.
Tokennomics
TFS Token Allocation
The TFS token has 4 phases:
Alright, this time we will check the full stock Total Supply of TFS Tokens is only 30,000,000 Tokens and will start private offering at around 25.00% and only accessible within a few weeks after the whole deal, will be locked and each round the price is a bit as shown below this:
Stage 1:
TFS Tokens has 3 special customizations Private Sale, Pre-Sale and Dutch Auction with a limited supply of 15 million tokens, and the fees for each round are:
0.1$ for Private Spin
0.15$ for Pre-Sale Round
$1 with $0.2 as cost savings At Dutch Auction Round.
Stage 2:
Unlimited first round supply, the pool of 10–20% tokens sold during the sale will be moved to Uniswap and the final closing fee will be expanded by 50–100%.
Stage 3:
The Staking Program will be opened using the FairSpin dashboard with the aim that clients can store their tokens for profit. Here are the betting options:
1 day — 1% prize pool from FairSpin GGR
3 days — 3% prize pool from FairSpin GGR
7 days — 8% prize pool from FairSpin GGR
Stage 4:
In the final stage, the Token dispersion will be announced with limited emanations of 20% in a fraction of a second and 2% from a week to a week, which clients can guarantee 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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