Blockchain-based casino Fairspin has introduced its own TFS Tokens. These tokens offer players the opportunity to accumulate rewards while enjoying their favorite casino games.
These TFS Tokens can be redeemed for bonuses and exclusive offers, enhancing the overall gambling experience.
Fairspin’s TFS Tokens offer a range of benefits to users, including staking programs, Play to Earn initiatives, Hold to Earn integration, and a buyback model. Fairspin’s Play to Earn program allows players to earn TFS Tokens while enjoying their favorite games. This innovative system provides instant rakeback, regardless of the bet’s outcome.
Both Play to Earn and Hold to Earn have delivered remarkable outcomes. Participants have earned a combined total of about $2.5m in rewards from these programs, underscoring their widespread appeal and effectiveness.
Liquidity staking in decentralized finance (DeFi) has become increasingly popular, with Fairspin offering Liquidity Staking opportunities to users. Participants can stake TFS Tokens alongside USDT stablecoins in TFS-USDT pools on the PancakeSwap decentralized exchange (DEX).
Rewards are calculated based on the Gross Gaming Revenue (GGR) of Fairspin casino, the number of tokens staked, and the user’s multiplier, with longer staking periods resulting in higher multipliers. Unlike previous programs, liquidity staking offers flexibility, allowing users to withdraw rewards at any time without minimum staking periods.
The TFS Token’s transparency, coupled with this innovative feature, enhances user engagement and provides more earning opportunities within the Fairspin platform.
Moreover, Fairspin’s TFS Tokens empower users by providing them with a share of the casino’s profits, akin to owning shares in a company. All TFS Token transactions are recorded on the blockchain, ensuring transparency and accountability for users.
In a recent notable event, a player at Fairspin secured an astounding $12.3m win in a single day, driven by the game Rio Gems by Booongo. This victory, facilitated by consecutive wins totaling 505.6 BTC, marked the most substantial individual win of 2023.
Fairspin’s commitment to provable fairness and blockchain integration ensures transparent winnings, allowing players to verify their bets using the Trueplay Explorer.
In September 2022, Fairspin Casino broadened its services by implementing multi-currency support, enabling players to utilize different currencies such as USD, RUB, EUR, mBTC, and mETH in addition to the native TPLAY casino token.
The casino’s user-friendly interface, diverse currency support, and partnerships with key vendors contribute to its appeal, showcasing the substantial returns possible in the realm of online crypto gambling, particularly through slot games.
Looking for your next crypto casino? Check out: Bitcasino or FortuneJack
John Sommers is a distinguished figure in the world of gambling expertise, known for his deep knowledge and insightful analysis of the gaming industry. As a seasoned author, he has contributed extensively to the reputable gambling news site, TwinCasinos, focusing on providing valuable insights to English-speaking gamblers worldwide.
With a career spanning over a decade, John has honed his expertise in various aspects of gambling, from strategic gameplay to industry trends and regulatory developments. His articles are revered for their blend of comprehensive research, astute observations, and a knack for demystifying complex concepts for both novice and seasoned players.
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