[PRESS RELEASE – Please Read Disclaimer]
In what promises to be the first of many developments, blockchain casino Fairspin has revealed the adoption of the play-to-earn model on its platform.
Fairspin is regarded as a trailblazer in the blockchain gaming sector. Play-to-earn is a concept that has gained popularity in recent months and is a key feature among blockchain-based games.
Gamers build the gaming economy and earn rewards for transacting in-game assets. This model enables gamers to take control of the gaming ecosystem and indirectly provides value to in-game assets.
Fairspin will deploy this method by crediting gamers with its native token TFS for every game played on its platform. This provides a better option than the traditional cashback system, and everyone benefits from playing games on Fairspin.
The Fairspin ecosystem continues to evolve as more features and products have been released in recent months. One of the biggest development is the native token called the TFS token. The token was built by Fairspin partner Trueplay and serves as the utility token of the platform.
Ahead of the public sale expected in a few weeks, Fairspin has already issued the beta version of the token TPSbeta to select gamers. The tokens will be used to incentive the gamers before the public sale of the TFS token.
Following this phase, the token will be listed on the popular ethereum – based decentralized exchange Uniswap. Once listed on Uniswap, anyone will be able to obtain the tokens of the first blockchain-based casino.
Fairspin has also integrated a new feature called Hold-to-Earn. This program bears similarities with staking, and gamers will fix their TFS tokens for a specific duration. During this period, they will be able to earn rewards in TFS tokens from the pools based on different parameters.
Fairspin users have diverse options and can decide to play to earn or hold to earn to leverage the earning opportunities on the blockchain casino. The token is still in its early stages and early adopters will get the reward of multiplying their assets with these features.
Fairspin is a next generation casino that provides modernized gaming standards involving blockchain and classic games. It is also one of the few casinos to be tokenized and is a major stakeholder in the blockchain gaming sector. To learn more about Fairspin and the upcoming token sale, visit the website and telegram channel.
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