FTS Token A Multifunctional Protocol System That Provides Alternative Payment For Fiat
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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.
Features Of TFS Token
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a limited supply that is regulated by smart contracts and a monthly buyback in which a certain percentage of tokens are withdrawn from circulation.
TFS will replace the current loyalty program within the casino and offer additional ways of rewarding players and investors alike with trueMining & trueStaking program
trueMining of tokens is allowed. TFS tokens will be credited to all players at the end of the playday as a reward for playing.
trueStaking of tokens will become available via the TruePlay widget in the platform’s dashboard.
Easy to use Widget for tokenholders! Deposit, trueStake, exchange and withdraw your funds anytime
TFS tokens are credited to a user’s account as a reward directly after placing a bet
Staking of tokens is allowed more than 37,5% annual reward
TFS token can be deposited, staked, and withdrawn at any time directly with the Trueplay platform
Mining of tokens is allowed.
Tokenomics & Token Allocation
TFS tokens are credited to the user’s account as a reward directly after placing a bet.
Staking of tokens is allowed more than 37,5% annual reward.
TFS token has a deflationary model component.
TFS token can be deposited, staked and withdrawn any time directly with TruePlay Widget platform.
Mining of tokens is allowed.
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 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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