Abstract
Fairspin is an online casino platform that has approximately 300,000 registered users and a pool of 10,000 active players daily. Since its launch in 2018, Fairspin has experienced significant developments until now to become one of the major players in the industry. This is all because Fairspin offers fair and honest games, where users can play safely and comfortably from their various devices, so it's no wonder Fairspin continues to grow.
And to create a more innovative and modern ecosystem, Fairspin is collaborating with TruePlay to be able to launch tokens that will facilitate various needs on the platform. This token is named TFS token, an Ethereum ERC-20 based cryptocurrency that will become a utility token on the Fairspin platform. In the future, the TFS token will replace the current Fairspin loyalty program, and make the Fairspin payment system more innovative and more profitable for users.
TFS Deflationary Token
Currently, there are several online casino platforms that have started using cryptocurrencies for their platforms. By adopting cryptocurrency on their platform, online casino platforms can facilitate users with more innovative payment systems compared to conventional technology. Cryptocurrencies speed up the transaction process, are secure, and can be used across multiple platforms. That's why Fairspin, one of the major players in the online casino industry, has started to adopt cryptocurrency on its platform. By collaborating with TruePlay, Fairspin launched the TFS Token to replace the current Fairspin loyalty program. TFS Token will serve as an alternative payment method in Fairspin and offer additional ways of rewarding players by means of TokenBack and Staking.
Based on Ethereum ERC-20, TFS Token is like any other cryptocurrency that users can transfer to other digital wallets that support the ERC-20 protocol. Users can deposit, stake, withdraw, or stake at any time directly with the Trueplay platform.
TFS Token Features
TFS Token is a cryptocurrency to replace the current loyalty program on the Fairspin casino platform. By being an alternative payment method within the Fairspin platform, TFS Token will facilitate various user transactions on the platform and will reward users for their loyalty. But that's not all, there are several other features of TFS Token:
Mine TFS Token: Users can mine TFS Token to continue playing on the Fairspin platform. In this way, players will continue to play and win every day.
Stake: User can multiply their TFS token by stake TFS token. Users have the opportunity to get more than a 37.5% annual reward.
Reward: Immediately after placing the bet, TFS tokens will be credited directly to the user's account as a reward. In this way, users can continue to play without worrying about their reward not being paid.
Deflationary Tokens: By adopting a deflationary mechanism, the supply of TFS tokens will continue to decrease with each transaction, which will affect the value of TFS tokens.
TruePlay Widget platform: Users can directly deposit, stake, and withdraw their TFS tokens via the TruePlay Widget platform.
Value of TFS token: It is predicted that in the future the price of TFS tokens will increase once listed at Uniswap. This will obviously benefit those who enter at lower prices.
Tokenomics
As explained above, TFS Token is an Ethereum ERC-20 based cryptocurrency that was launched with a total supply of 30,000,000 tokens. TFS Token adopts a deflationary mechanism, which means that the supply of TFS Tokens is limited and every month the team will buy back to stabilize or increase the token price. By having TFS Token users can directly play on the Fairspin platform without the hassle of exchanging their chips first. And also users can mine TFS Tokens to be able to continue playing on Fairspin or stake their TFS Tokens to multiply their tokens. There will be many advantages to owning TFS Token, especially for hodlers and investors.
To conclude
Now online casino platforms have started to adopt cryptocurrency to make the payment system on their platform more innovative and modern. By adopting cryptocurrency there will be many advantages that the platform will receive. Therefore, Fairspin, one of the popular online casino platforms, collaborated with FairPlay to launch a cryptocurrency under the name TFS token. Later TFS tokens will replace the loyalty program on the Fairspin platform, and provide a more innovative payment system, where users can use TFS tokens to play, mine tokens to continue playing on Fairspin, or stake tokens to multiply their tokens. TFS token is the next big thing in the Fairspin platform.
Connect with TFS Token
WEB: https://tfstoken.com/
MEDIUM: http://medium.com/@tfstoken
TWITTER: https://twitter.com/tfsinfo
