iGaming Revolution: How Blockchain is Changing the Industry 360°
Blockchain technology and cryptocurrencies have been disrupting various industries for years, and iGaming is no exception. Online casinos have undergone a drastic transformation, resulting in totally secure, transparent, and fair gaming.
Besides, the integration of blockchain in the entertainment space has revolutionized the way we play and earn rewards. Gaming projects develop cryptos underlying their ecosystems – for now, the market capitalization of all gaming coins and tokens accounts for $9,820,095,395. Fairspin has become the first blockchain casino to introduce its own digital asset – TFS Token, which has been making waves in the industry.
Introducing TFS Token and the Hold to Earn program
TFS Token has enabled a multi-level loyalty program and gamified earning. Players get instant TFS rakeback on every bet via the Play to Earn program. But that is not all, as tokens earned can be staked via the Hold to Earn program, allowing for risk-free passive income with high-yield interest rates.
High-Yield Staking
Within the Hold to Earn program, a user can stake their TFS for 3 days, 1 day, or 8 hours. The profit you make within the program is defined by the number of tokens you hold and the amount of income received by Fairspin during your staking period.
The average APR of holders is a massive 500%. And, if you happen to choose the most profitable time for staking, you will earn way more. The reality is that TFS Token is not just shaking up the gaming space, it is a shot in the arm in the world of traditional investing.
500% APR is significantly higher than the interest rates offered by traditional banks and other financial institutions. According to the data from FDIC, the average savings account earns just 0.39% APY, so TFS Token is already outstripping what they have to offer.
Unlimited Flexibility with Liquidity Staking
This program empowers users with complete control over the funds they hold – one can choose how many assets to stake, for how long, and withdraw any amount at any time. And the best thing is, such staking is permanent, meaning it lasts till deactivated by the user.
The Liquidity Staking program boosts liquidity in the TFS-USDT pool on PancakeSwap, enhancing the TFS Token’s market performance. The reward scheme is tied to Fairspin’s GGR, the user’s share in the pool, and a time-based multiplier. Those staking tokens for a month or more enjoy the major share of the GGR – 0.5%. However, it is worth noting that a partial withdrawal resets the remaining tokens’ multiplier to the initial level.
Risk-Free Income
TFS Token is making headlines for its high-interest rates, but that is not all, as it is coupled with total fund security.
After the staking period is over, a holder gets their initial deposit back along with interest. However, even if the casino’s profit for their staking period is at zero, the holder is guaranteed to see the return of their funds.
Trueplay Explorer ensures process transparency, as all the transactions are recorded on the immutable digital ledger.
Hold to Earn vs. Other iGaming Projects
When compared to similar iGaming projects, the Hold to Earn program does not just stand out, it stands alone. Due to its high-yield staking, risk-free nature, and ease of use, Hold to Earn continues to make waves. Thanks to blockchain technology, users can be sure their assets are secure and the profits are distributed fairly.
At the same time, TFS Token is proven to be an asset with growth potential. Compared to last year, its value has increased by 2.5 times, with the token allowing you to earn even in a downward market.
Mutual Benefits
The Hold to Earn program benefits are not just a one-way street, as both the user and casino are able to benefit from the innovative scheme.
Risk-free passive income attracts more people to the platform to play, increasing the casino’s total profits. Plus, the program adds even more fun to the earning process, allowing players to chase rewards and the casino to allocate less funding for bonuses.
TFS Token is Changing the Game
The integration of blockchain in online gaming has changed the way players can earn rewards, and TFS is a perfect example of this integration.
TFS Token and the Hold to Earn program offer an excellent opportunity for users to earn passive income while playing their favorite games. With the program’s profitable staking and risk-free nature, it is a smart investment option for those looking to enter the gaming industry.