We are pleased to announce our next AMA on August 30th 2021 at 03:00 PM UTC Time: Satoshi Club x TFS
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join TFS Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. TFS Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about TFS
For more details:
TFS Website – tfstoken.com
TFS Telegram – @tfstoken_group
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
What’s AMA
What is bpet roadmap for the next 12 months to maximise investors return ?
How can bpet holder participate in battlefield ?
Will a instruction manual be released for players with ‘how to ‘ guide in preparation for the battlefield ?
Whiles reading your medium article, I noticed that $TFS token will be used within the platform as a standard payment method to reward all players who play at Fairspin. It sounds like a good plan. May I ask, why did you decide to use $TFS as the payment method to reward all gamers? Is there any benefit this approach will bring to your project? Also, apart from the $TFS token which serves as the standard payment method, will there be any other future token you plan to include on your platform as a payment method for all gamers who participate in playing the Fairspin?
Whiles reading further from your medium article, I also noticed something unique about your token allocation. I realized it has been categorized into 4 stages. The first stage start with 3 rounds of private sale, presale and dutch auction.
I’m more familiar with private sales of token and even presales, but can you elaborate more on this dutch auction method, because I noticed it looks like a special form allocation which most token project don’t use. I will appreciate it if you can explain how that works in a layman’s term or understanding. Thank you
On your Tokenomics & Token allocation- TFS Tokens are credited to the user’s account as a reward directly after placing a bat. So just by mere playing a bet a user’s account will be credited with TFS Tokens as a reward? What happens where a user’s bet fails? Who does the user bets with or against? Would such TFS Tokens rewarded to a user be striped of withdrawn? Do mind telling us how many FTS Tokens reward a user would get just from placing his bet. Please does every bet a user places attracts TFS Tokens reward?
You did said Staking of Tokens is allowed more 37,5% annual reward, could you please in a layman’s understanding tell us what this means? Do you think your Token supply of 30,000,000 is sufficient when other crypto blockchain communities do rolls out their Tokens in billions?
I understand that TFS Fairspin is powered by TRUEPLAY, does it supports P2P transactions in its ecosystem? What percentage of Tax is taxable in every transaction under your platform?
Amidst your full token launch, TFS decided to deploy a temporary token called “TFSBeta Token” that will act as an alternate currency used for payment method within the Fairspin platform. I have learned that only few selected individuals will have the oopportunity to obtain this token and use it. May I know, how can I be selected to be one of the lucky users to have this token? What are the requirements of joining the distribution? Also, when the actual TFS token launch, what will happen to the TFSBeta tokens? Can it be exchanged/swap to the real ones?
I have learned that Fairspin was established two years ago, way back in 2018. During those times, what was the flaws/challenges you have encountered in running Fairspin that you have decided to step-upped your game and indulge the project with blockchain? What do you think have made you decide that Fairspin shall and must have its own token for its platform and apply blockchain technology on its products? What was Fairspin’s turning point into full decentralization and digitalization?
Aside from the Play-to-Earn mechanism of Fairspin, it also offers a “Hold-to-Earn” program that invites users to hold their tokens for a fixed period of time and get credited with extra tokens that will be based on the the casino’s income and lock-up period. Can you tell us more details about this program like, what is the minimum time require to be eligible of those extra tokens? Also, if a user decided to participate in this program, can the user withdraw the locked up tokens prior to the schedule withdrawal and if the user does, will he/she still get compensated with tokens?
1. Will you launch another token as a sub token of $TFS in future?
2. Do think locking mechanism of the token will increase the price of $TFS ?
3. Many other tokens are releasing their predicted price chart, so if you are starting with the price .1 in private round then what will be price of $TFS in one year?
GG
EASyyyUY
1- How and when will the TFS token community sale be held? 2-Will there be token burning when necessary to ensure price stability? 3-Will return pools be created by staking TFS on its own website?
As soon as I saw that TFS Project deals with Online Betting/ Gambling Platforms,, I knew it would have go through hell lot of Govt. Regulations & Various certification,
How did all these deals happend?
Can you tell more insights of what were the Terms & Condition signed before operating the platform?
I mean
The Do’s & Don’ts?
There has been rise in Blockchain based casinos but the main Problems with these platforms is that there is no limit on the number of transactions they can make on the platform & it becomes very difficult to know when to stop & also the added annonymity of Cryptos may Also make it harder for their loved ones to notice that where & how much they are spending on Gambling,
How do you see this as a Problem?
Have You though this before making the platform?
Any solutions for this?
While reading your Medium articles I saw that TFS’ token; $TFS, is an ERC20 token. However, it is known that the Ethereum blockchain has been having ridiculously high gas fees (and a lot of unstable prices) for this past year, making play-to-earn incomes less profitable. So, I was wondering, how will TFS solve this issue and still be able to provide a play-to-earn system to it’s users that will be good for both parties? Do you plan to add Layer-2 solutions to your platform? Or perhaps are there any plans on offering multi-chain interoperability and a BEP-20 token version of $TFS?
According to one of your Medium articles, FairSpin has been around since 2018 but it wasn’t until earlier this year, almost three years later after it’s creation, that FairSpin decided to have it’s own token. So, I’m curious, what currency did you use until now? Also, can you tell us what pushed you to have a token now? Why after all this time you suddently decided to launch your own token and why didn’t you do it earlier? How will the implementation of this token at this point be benefitial for your platform and it’s growth? Most importantly, how will the usage of TSF token bring advantages to those users that have been alongside with you since the beginning of FairSpin?
On your website, you have requested our emails if we wish to join the “waiting list”. What is the purpose of this list? Is it for sending a newsletter or information on your updates? Conversely, I noticed that you have a private round and two public rounds. Do you prepare this waiting list for one of those rounds? If yes, please explain about the round and your selection criteria for applicants. Currently, email marketing has been a headache to email users. Do you assure our email addresses will not be given to any third party?
In your Medium article in July, you have indicated that $TFS will be added to the Fairspin platform in the coming months. However, it is yet to be added as a payment method of Fairspin. Will it happen within this year? Currently, Fairspin players are allowed to make deposits using Bitcoin, Ethereum, Cardano, DASH, Litecoin, Tether, and TRON in addition to Visa and Master. These are some major coins in the crypto market. Do you assure that $TFS can secure a place among these coins? By creating a native token and considering it as a payment option, what kind of benefits does the Fairspin get? Do you think users will buy $TFS to make deposits when an array of major coins are available as payment options?
It caught my attention that on Fairspin there are aroung 69 available games people can enjoy, so I was wondering, will users be able to win in all of this games TFS as a reward for playing them, or will it be on certain games only? Also, I’m intrigued, if TFS will be available as a win prize in all of this games, how do you plan to maintain the stability and liquidity of the token to avoid it from dumping? Will you have any buyback or burn mechanism for that? Is there a limited supply?
I read that the TFS token is a digital currency that will serve as an alternative payment method within the Fairspin platform. How do you incentivize users to pay using the TFS token? Will users receive an exclusive discount or special promotion? Will there be any benefits for users who decide to pay using the TFS token? In addition to the TFS token, what are the other payment methods available within the Fairspin platform?
what the Play to Earn program is a new era of tokenized cashback. Basically, as an online company, you do not share the only cashbask, now you share more loyalty with your users. How to bet and enjoy the full experience of the TFS Play to Earn and Play to Hold programs? Do you have to meet any requirement to participate? Is there a minimum investment?
TFS main partner, Fairspin started just 3 years ago and since then has shown steady growth with more than 300,000 registered users so far. What has been the main strategic benefit of the partnership with Fairspin? What products or functions within the TFS platform have resulted from this relationship? Will you present functions of your token to Fairspin before presenting them to the general public?
TFSbeta is out now, now everyone could test how the technology works and try the Play2Earn / Play2Hold functions! What are the detailed features of TFSBeta? How the Play2Earn / Play2Hold! Functions work within the TFS platform?
I am not a Fairspin casino player. Then why should I buy $TFS? It is clear that you offer rewards for staking the token. However, every platform offers staking rewards for their native tokens. Then why should I choose $TFS? Please explain the benefits that non-players get by holding your token. Is $TFS a good long term investment? How do you assure the longevity of your project?
Looking at the stats available on your website, it is said that you have a user base of 338,000+. However, beside this, there is another stat that says Real Users are 12.5k. Its a bit confusing how you use these terms and what you meant by users and real users. Who do you regard as users and who are the real users? What does user need to participate or register and start playing your classic games as well as participate in the tokenized casino offered by you? In addition to this, I saw that you displayed a net profit of $4.5 million beside the real users. Is this referring to the annualised profit of your platform or the overall net profit you have realised since inception in 2018 till date? Or are these the profit made by the real users on your platform?
Am particularly interested in your special feature which you call “Hold to Earn”. You said by holding a fixed amount of your token, users will be able to earn part of your monthly revenue as profit. How much should I hold in order to earn and for how long should the amount of token be held? Are these token meant to be stake on your platform to qualify for profit commission or will you be able to monitor the amount of token held in individual wallet in order to determine the quantity of profit commission they are to receive? Also will the revenue sharing be provided in the forms of product discount or cashback or will it be the distributed as $TFS directly to user’s wallet?
Fairplay spin has been existing as an online gaming solution since 2018 but you decided to collaborate with Trueplay in order to use their crypto architecture to create a tokenised casino token for your your platform. Can you explain the details of this collaborative agreement from the two teams and which team will be directly supervising the project now that it has turned to TruePlay Fair Spin? For how long are the two founding projects expected to work together? How will you be able to ensure smooth business running as well as prevent conflict of interest?
One graph on your website caught my eye, it said there are around 338k users on your platform, but also said there were 12,5k ‘real users’. Would you explain what this means? What is the difference? How does one become a real user? Is it by actively participating in games instead of just hodling? Are there any benefits for the so-called ‘real users’
On an article from your Medium page, I read that you were always looking forward to blockchain as the next step for your platform. It has also been around 3 years since your launch, and you’re finally launching your own token. However, I read that this token will only work as an alternative payment method within the Fairspin platform. Would you tell us what are the other payment methods accepted on your platform? Will all rewards be paid in the form of the TFS token, or will there also be alternative methods? Do users get to decide in which way they want to pay/be rewarded?
You recently shared with us that the Fairspin team has long realized that the future of the platform is in its tokenization. What reasons motivated you to tokenize the platform? What factors were evaluated before making the decision to finally tokenize the platform? What were the main incentives to launch the TFS token within the platform?
Hello TFS
20% of TFS Tokens purchased by a Buyer will be unlocked and available during the 1st week upon the Public Sale end. The remaining 80% of TFS Tokens will be unlocked and available for the Buyer within the next forty (40) weeks as follow,2% of TFS Tokens per week.My question is,How many of your token will be sold during the Sale? Is your Public Sale still on and how long will it last?How can we participate in it.Thanks
Hello TFS
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.Is TFS token intended to decrease or create value through variety of mechanism?Since the price of deflationary tokens accelerate during buy-backs or burns,TFS uses what percentage of it’s profit to buyback tokens?What are the benefits of issuing buy-backs mechanism on your platform? Thanks
Hello TFS
You have seen blockchain as the next step in your evolution process towards openness and security as a platform,to achieve your goals you decided to partner with TruePlay.Trueplay is known as a secure business tokenization platform and My question is,How have you benefited since your partnership with them?What do you mean by statement that “Trueplay will help your platform tokenize your loyalty program”,can you please give a little explanation on that?Do you plans to have more parntership with trusted firms in the future? Thanks
TFS is said to be a deflationary token with a regular buyback and a limited total supply. So what are the other details of the deflationary component of TFS, at what rate will the buybacks be done, and will buyback be the only deflationary component in TFS. Apart from being deflationary, in what other ways will you ensure that there is stable circulation and demand for TFS to give it a healthy market price and performance….
One of the main reasons why TFS was created was so that it will become a full-fledged payment method at Fairspin and replace an already existing loyalty program within the casino (Fairspin) and also offer additional ways of rewarding players and investors alike with TokenBack & trueStaking program… So for one to perfectly understand the importance and need for TFS in fairspin, can you explain how the already Existing Loyalty program in Fairspin works, how do you plan to replace the Loyalty program with TFS, what will be the changes or modifications in the Loyalty program with the introduction of TFS, what advantage does this bring to your Loyalty program… and how will the TokenBack and trueStaking work as a reward mechanism for players and investors..
The emission of TFS tokens is said to be regulated by smart contracts that will generate a certain amount of TFS tokens based on the current exchange price and the daily income of the platform… So how does the Exchange price and Daily income on your platform go on to affect the Emission rate of TFS tokens, what kinds of income-generating activities on the platform affect the emission rate of TFS tokens and will the emission rate decrease or increase with time….
Fairspin is an international online platform with a user pool of over 300,000 users worldwide. Since Fairspin is an international platform … Are there some countries with restrictions to register on the platform? We know that in some pre-sale of tokens or even in some exchanges there are certain countries that are not supported by the platform. Is something similar happening on the Fairspin platform? Is it a requirement to do KYC in order to register on the platform?
Greetings TFS, my question is the following: why use the TFS token, what is the main supply of the token, and how often can the token be repurchased? what percentage of the token would be withdrawn from circulation. I would also like to know if the token can be mined and what platform I can use to deposit, bet and withdraw the TFS token. Explain us about these points to learn how to better use the token. Thank you
You mention on your website that the value of TFS token is expected to grow once listed at Uniswap, so can you tell us how will your community be part of this grow? What expectations do you have from their acceptance and adoptability? To what kind of investors is this project addressed?
The playability of your platform is based on a kind of mining of TFS tokens by Fairspin, could you explain the origin and production of your tokens? What is the TFS economic model of production and growth based on?
I noticed on the website that TFS has a deflationary model component, that you can deposit, bet, and withdraw at any time using the Trueplay platform, that token mining is permitted, and that tokens are credited to the user’s account as a reward immediately after placing a bet. So, what is the maximum amount of money that can be wagered? What is the short-term outlook for TFS?
When would the TFS token be on Uniswap, does it have an exact date or details are missing for that, will it only be listed on Uniswap or do you plan to put it on another exchange in the future? If I place a bet, where will the tokens be credited? And how much is the percentage that is allowed to bet on the annual reward token?
This project actually let us realized how the community can step up their game in cryptocurrency but there is a mixed up in your website which called alot attentions, it was stated that Stable circulation and demand ensured by Fairspin platform with over 13,000 active users and I also come across TFS token will serve as a standard payment method at Fairspin online casino with over 338,000 real users and a net profit of $4,5 mln. Alot of users has been asking on social media the difference between the REAL users and ACTIVE users in this project? Which of them is the most important to this project and how can a user become one of them? Is it possible for a user to upgrade from REAL to ACTIVE user or Vice versa? If $4,5 mln is a net profit of real users, what is the present net profit of Active users?
I noticed on the website that TFS has a deflationary model component, that you can deposit, bet, and withdraw at any time using the Trueplay platform, that token mining is permitted, and that tokens are credited to the user’s account as a reward immediately after placing a bet. So, what is the maximum amount of money that can be wagered? What is the short-term outlook for TFS?
Doing some research I found that TFS is a deflationary model token with a limited supply that is governed by smart contracts and a monthly buyback in which a set percentage of tokens is removed from circulation, thus is it related with the fact that TFS aims to replace the casino’s present loyalty program? What types of rewards will it provide for both gamers and investors?
According to the token it would have a supply of 30,000,000 TFS Token, only two points will be used, the round and the operations tokens. How would be the distribution of the token in the private round and the pre-sale in the public round, but a public round Dutch auction catches my attention, what does that mean and what would be the percentage available in 1 week after the public sale? explain us about these points to understand them better, thank you
TFS token will serve as a standard payment method at Fairspin online casino and a deflationary model token with a limited supply that is regulated by smart contracts. It is well known that when a smart contract executes, it runs on a peer node owned by an organization in the blockchain network. We have experienced by minting a new project token but later discover that the liquidity is locked for several months according to the smart contract. Since smart contract is visible to all observers outside of the blockchain, even local and private variables, I really want to know the details of the contract regulating TFS token. Is there a plan for updating it and how often will it be done? And what is the state of the contract security?
There is an allowance of staking and mining TFS token, but never get clue of the mining platform. How have you plan users to mine your token? Do you have a mining software we can download on an appropriate computer hardware? What will be the state of a easy withdrawal and security? If the annual reward for staking TFS token is high as 37.5%, how many validators will be provided or there will be none? What is the minimum duration for staking TFS token and can we decide to unstake at any time if there is a need for that?
According to your website, TFS tokens can be deposited, staked and withdrawn any time directly with the TruePlay Widget platform, however I couldn’t find much information about this widget, can you tell us if it is already available? What are the key points and most important features of this platform? And, especially, how is your security?
As TFS token serves as the standard payment method of the Fairspin online casino, we are informed from your blog publications that Fairspin offers a multitude of games licensed by over 40 software providers. With emphasis on Fairspin platform as it relates to the TFS tokens, will the TFS token be the only payment and settlement method for all games and gaming activity on the Fairspin platform or is it only limited to your online casino game, and with an estimated figure of over 3,000 bets made monthly on the Fairspin website, how would you expand the functions of TPS token on the platform, giving it more utility whilst still maintaining it’s deflationary features?
A breakdown of the token allocation for TFS operational functions shows that; Staking Programme Rewards, Pools set up and Payment Operations, accounts for 25%, 16.67%, and 8.33% respectively. However, these are broad overviews and don’t clearly state in details how each allocation will be further utilised. Can you kindly elaborate on how these token allocations would cover specific functions of development, promotions & expansions as well as community and security operations? Also, with these tokens fully unlocked and amounting to half of total supply, how would you account for the remaining 50%, are they burnt or bought back?
In the website, you have mentioned that Mining of token is allowed. So, can you tell me is there any requirements to mine $TFS tokens? Can a user mine $TFS tokens without holding it initially? All the miners are rewarded only with $TFS tokens or they are also rewarded with any other features? like ex: will they get any discounts on your tokensale, IDO and etc.,
In your website, I can’t see any details about your seurity measures. So, tell me about the security model of TFS token? Is internal audit equipped to offer independent assurance of the technology, policies, and controls? Can you share us your AUDIT reports. And, your tokenomics looks complex to understand in your website. So, can you tell me about your tokenomics in a few simple way. What is the total token supply? How will your deflectionary model make your token more reliable in the ecosystem? Lastly, where can we stake $TFS tokens?
Thank you.
Всем привет! А, почему решили что TFS будет стандартным вознаграждением?
30 миллионов токенов будет разданы среди игроков?
According to you website that TFS will replace the current loyalty program within the Fairspin online casino and offer additional ways of rewarding players and investors alike with TokenBack & trueStaking program,Easy to use Widget for token holders. So with those additional ways of rewarding players and investors,in return how does TFS generate revenue to sustain the stability and to be able to maintain the rewarding program that you are offering to Fairspin casino? Well,can you explain how does Tokenback and Truestaking program works? As you offer an easy to use Widget for token holders,can you tell us what kind of widget does it be? Lastly,as you stated that TFS will replace the current loyalty program within Fairspin casino , does TFS will only be applicable with casino or you are also open to venture or integrate with other platform’s deal beside from Fairspin casino? If yes,what other platforms or services that you think is suitable for TFS token utilities aside from your casino integration? Thank you
While browsing TFStoken website,I don’t see any roadmap and the team behind TFS being lay down. So,can you tell us the pathway or the guide that you are following in achieving your goals with in your platform? Can you share your roadmap to us? What is the highlights and top priority plan that you want to achieve with in this year? Does the team is being anonymous? If yes,do you have plan to reveal some of the team’s identity in the future? If team is anonymous,why did you decided to be anonymous? Thank you
Hello TFS team!
You announced on your website that Move Your Game To The Next Level TFS Token Sale is coming up. A box with the words “Join Waiting List” appears beneath it. Could you elaborate on this? Is this a reserve for your next token sale? Will the number of people who can join the waiting list be limited? And will all those who joined the waiting list be qualified in the token sale?
Thank you!
$TFS was built on Ethereum blockchain as ERC20 token with 4 types of stages on token allocation. So can you tell us what are these four stages of $TFS token allocation? And also you deploy a limited token supply & Buyback system to withdraw some portion of $TFS from Circulation. What is the Epoch for BuyBack protocal? How will BuyBack system be implemented within TFS ecosystem? How will we assure that BuyBack tokens are emitted forever from Circulation, What if someone steal that amount of $TFS?
There are two ways to earn more $TFS by Play to Earn & Hold to Earn programs. In play to Earn program, what is the minimum amount that users should have in their wallet to play Casinos? Will you offer rewards in the form of $TFS even though we use BTC,ETH,DASH,DOGE etc. to play Casinos? Can you explain more about rewards system regarding Play to Earn program? Considering about Hold to Earn Program, will you distribute rewards to the users according to the $TFS holding percentage? What are the other alternative offers for $TFS holders?
By the combination of FairSpin & TruePaly platforms, you intend to tokenize FairSpin loyalty program & introduce a $TFS as your own native Currency. What kind of collaboration does FairSpin have with TruePlay? Are both of FairSpin & Trueplay Co-heirs of $TFS token? As you mentioned FairSpin owns a 300,000 registered users and a pool of 13,000 of active players monthly. So what is the sudden cause of entering to the Blockchain field as the next step of FairSpin? Through your entry to the Blockchain network, what kind of utmost opportunities will FairSpin users possess in future? Can you point out some directions that you hope to lead FairSpin & $TFS along with TruePlay platform in blockchain field?
You wish that the value of $TFS token will grow once listed at Uniswap. What kind of strategies, precautions will you deploy on $TFS to get ATH after listing on Uniswap? The advantage of listing $TFS tokens on Uniswap is that we can earn some profits by trading. Will you think, that $TFS price will fluctuate highly so that we can buy in a dip & sell them in ATH?
Presently TFS staking program is under Demo version. Could you provide some details about staking program? To enter Staking protocal, I Should be in Waiting List as you mentioned. So are there more stakers,already participated TFS staking program? Which currencies will you support for the staking program? How about the minimum & maximum amount that can be staked in TFS platform? What is the locking period & APY?
FairSpin is a Gambling website which was developed based on Online Casino. Most crypto enthusiasts are not interested on Gambling since it always extract user’s money insensibly. Does TFS focus only on Casino or will it cover entire blockchain area with a lot usecases? What are the opportunities, will TFS offers to Non-Gambling players to earn More $TFS?
One of the most influential and powerful characteristics that a token can have is flexibility and adaptability to join and link, what are your plans to make TFS a solid and strengthened token, are you open to working with other chains, tell us about your next actions accordingly to your roadmap, how big do you think your expansion will be and how long do you expect to remain in the market?
TFS offers us on its platform the opportunity to play games, bets and exchange, what is the nature of its games, what are the incentives to bet and what are the benefits and guarantees of exchanges, as a deflationary token as TFS prepares to battle against market volatility, do you plan to incorporate NFTs to your platform, what do you consider to be the next service or product that is integrated into cryptography and comes to compete with the dynamic, multifaceted nature, and economic and financial flexibility of NFTs?
On their website they mention that token mining is allowed, they have considered including the participation of stable coins, what is the current value of $ TFS, how many chips will be initially invested to participate in the bets and which in the minimum time that must be maintained the tokens for rewards, what can you tell us about the Fairspin platform partitioning in $ FTS?
how much cost for doing fairspin in TFS platform?
is in your TFS’s project support for fiat currency? example like exchange my dollar for some TFS in your platform, let me know please, thank you
i just wondering do you have a plan to put some games in your casino’s platform except fairspin? maybe poker, blackjack, etc
Hi, TFS
Thanks to your great medium channel I read that TFSBeta token & Tokenized cash back is now available for a limited number of players. Could you please tell us more details about this initiative? How did you select these limited players eligible for cashback? How do you make sure other players do not feel bad for not being selected and missing out on the cashback offer? And finally, can Satoshi Clubbers join this program now that we learned about the TFS platform or is it too late already?
Thank you!
What is statisch club
What’s TFS
We can’t win
What is the Reason that this crypto currency does better than others And should use it in contrast to the competition
Welche Funktion hat die Blockchain
Is this true that all spins on slot games are visible in an blockchain protocol?