Blockchain technology and cryptocurrencies have revolutionized various industries, and iGaming is no exception. Online casinos have undergone significant transformations, resulting in secure, transparent, and fair gaming experiences. The integration of blockchain technology in the entertainment space has also revolutionized the way players can play and earn rewards. Many gaming projects have developed cryptocurrencies that underlie their ecosystems, with the market capitalization of gaming coins and tokens currently standing at an impressive $9,820,095,395. One such project that has been making waves in the industry is Fairspin, the first blockchain casino to introduce its own digital asset – TFS Token.
TFS Token has introduced a multi-level loyalty program and gamified earning for players. Through the Play to Earn program, players receive instant TFS rakeback on every bet. But that’s not all – the tokens earned can also be staked through the Hold to Earn program, allowing for risk-free passive income with high-yield interest rates.
Within the Hold to Earn program, users have the flexibility to stake their TFS for different durations, including 3 days, 1 day, or 8 hours. The amount of profit earned is determined by the number of tokens held and the income generated by Fairspin during the staking period. The average annual percentage rate (APR) for holders is an impressive 500%. This rate far surpasses the interest rates offered by traditional banks and financial institutions, which often hover around 0.39% APY according to FDIC data.
One of the advantages of the Hold to Earn program is its unlimited flexibility with liquidity staking. Users have complete control over their staked funds, including the ability to choose the amount to stake and the duration of staking. Users can also withdraw any amount at any time. This staking is permanent and lasts until the user deactivates it. The Liquidity Staking program offered by TFS Token enhances liquidity in the TFS-USDT pool on PancakeSwap, leading to better market performance for the token. The rewards in the program are tied to Fairspin’s Gross Gaming Revenue (GGR), the user’s share in the pool, and a time-based multiplier. Users staking tokens for a month or more enjoy a major share of the GGR, which is around 0.5%.
One of the key advantages of TFS Token and the Hold to Earn program is the risk-free nature of the income generated. After the staking period ends, holders receive their initial deposit along with the interest earned, even if the casino’s profit is zero during the staking period. Additionally, the Trueplay Explorer ensures process transparency, as all transactions are recorded on the immutable blockchain ledger.
When comparing the Hold to Earn program to similar iGaming projects, it not only stands out but stands alone. Its high-yield staking, risk-free nature, and ease of use make it a popular choice for users. Blockchain technology ensures the security of assets, while the profit distribution is fair. Moreover, TFS Token has proven to be an asset with significant growth potential, with its value increasing by 2.5 times compared to last year. It allows users to earn even in a downward market.
The Hold to Earn program benefits both the user and the casino. The risk-free passive income attracts more players to the platform, increasing the casino’s total profits. Additionally, the program adds an element of excitement to the earning process, as players can chase rewards, and the casino can allocate fewer funds for bonuses.
In conclusion, the integration of blockchain technology in online gaming has transformed the way players can earn rewards, and TFS Token is a perfect example of this integration. The Hold to Earn program and TFS Token offer an excellent opportunity for users to earn passive income while enjoying their favorite games. With its profitable staking options and risk-free nature, TFS Token is a smart investment choice for those looking to enter the gaming industry.
