Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 124. (Read 85298 times)

The idea you shared above is not sustainable, I could remember that this is exactly the same thing owl.games was doing before, and as soon as they stopped, their token price went really down 👇 from its initial price.
A casino using funds gamblers lost on their casino to buy back their token so as to make the token valuable is not sustainable, cus a moment will come when the casino will have alot important things to do with money which might force them to stop the token buy back program, and once they stop, the token price will return to its base.

The best way to make a token really valuable is to give it a good and long lasting usecase, as well as keeping supply limited.

That is the reason why many people think that this is going to be one that is going to be high. Not because it's a good "token", the token itself if you look at it doesn't really mean anything, separate it from betfury and the token alone would worth nothing.

However, when you think about it together, it becomes amazingly valuable because there is a good chance that with more money people lose, the token gets more and more valuable. Think about it like you have access to a treasury that gets taxes from a nation, it means the more time passes, the more money there will be in there, and the more money there is in there, the more money your tokens will worth, definitely a good thing.

Yes, they are still competing with those many established casinos and with how they are handling the business, the chance is still positive for them to continue to success, in regards to BFG token, it's still good since the business still up and running and they are still showing good numbers of visitors and gamblers who entrusted them to play the game.

Many people do not see the advantages of maintaining a layer of active signatures for a casino, perhaps they do not see it as necessary, but partly due to the experience of many casino platforms, we all know that it is the best, we cannot rule out that the The traffic that is obtained through social networks is a good thing, but we must also see that when a casino is very successful, signature campaigns or any type of campaign over time, that pays for itself, because the income of a casino Due to its traffic and players who are loyal all the time, it is what continues to make a casino and any type of business grow.


I have been following everything about Betfury and in fact everything that has to do with its tokens and its tokenized economy in general, from one moment to another things like that they stopped in development, in incentives, and I think that many more things are missing , and there is something that always happens, that when you stop doing these things the problems begin, because you have a very large community to which you have to respond and if you do not respond adequately, that community that took you to the top can also hurt you. to fall very hard, and I think they have a very good opportunity to be able to make things even better, I just don't really know what's going on.

I can only guess, but I think their contract with PushGaming ended and after they examined statistics (I've checked their monthly reports for the last half a year and PushGaming was never among popular games/providers) they decided not to prolong it. They have 5000+ slots, so one more or one less, it wont effect much imho. You can ask their support directly and ask to add your favourite slots for you personally . Doubt that there were any problems with PushGaming, like unusual payouts frequency or issues, or lack of interest to their slots.

Yeah!  Perhaps you are right that there are not many tokens like BFG issued by Betfury on the market of actually traded cryptocurrencies.  And the Betfury devs should certainly treat this token carefully, seriously and carefully.  I think that you should carefully monitor what transactions and in general the processes of trading and staking and other things related to the circulation of tokens take place in the market.  Moreover, when used on the Betfury site itself, by players during the game, and outside the site.  Namely, in exchange turnover and in general trading in BFG tokens.  There may well be manipulations in the market that are not very useful in using the token.  And we need to carefully monitor the actions of whales holding large volumes of these tokens.

 That's how it is, probably.

not many casinos push them with funds from casino earnings, but if that does happen to betfury of course it's a great thing it hasn't even been done a lot of casinos that sometimes leave their tokens just like that, i think betfury should make BFG to be more different from casinos other

Guys, does anyone know the reason they removed provider PushGaming from the casino?



It was one of my favorite providers on the BetFury platform (especially slots Razor Shark, Retro Tapes, Jammin’ JARS, Joker Troupe, Mystery Museum, Fire Hopper,  Fat Drac, Fat Santa, Dinopolis).

i have high regards with their BFG token as this gambling site is still doing good despite of the competition in the market. you will doubt the longevity of their token if the site itself is finding hard to get their players. but looking at the activity of their site, they are still very active with regular promos from time to time. just take a look at their $150 free to play funfury battle and you will understand that they are getting good number of patrons on their site.

Good point. I have seen so many projects giving insane amounts of their own token away even if there's no liquidity in markets to handle it.
And i can't blame on the dev teams on doing that because it doesn't cost team anything and they are earmarked for marketing anyway). Yet it all falls to token holders when those tokens are being dumped on them. My only critique is that dev teams are often way too generous with these token amounts.

Yeah and even the decentralized of all cryptos still experienced it. It only becomes questionable if it happens often without any reason. We can be sure that there is only a manipulation going on. In a bear market, the coins can only go one direction and that is they will dump. They will only recover and pump when the bull run has arrived.

Betfury is doing a promotion about their casino on this forum after some time but if they promote their tokens separately then that is a good thing as well. It shows how serious they are about their business. They know that the competition outside is tough so they are giving their best to stand out from the crowd.

token prices going pump or dump on the market are very common, especially during the current bearish season. but after I read your statement about BetFury still active in promoting their BFG token using money from their casino earnings, it's very amazing and chances are that BFG token will have a great boost in the upcoming bullish start.

if BetFury continues to improve anything for the betterment of its casino and its token, I have no doubt that BetFury and BFG will grow to be even more successful in the future.

KenBF is also fired. For getting involved.

actually burning system can reduce the amount of supply and increase value, I'm not monitoring about their roadmap, I think tokens supported in gambling usually have good potential if their casino is also big of course, but I haven't invested anything in BFG, but glad to hear anything about their token project also in this thread

Yes, I would also like to know that as before they were always following and updating their roadmap. Tthe burned tokens is always a combination of tokens that are lost from gambling, the auction and also from the team. Every month 5 million BFG tokens coming from the team are burned; last month they burned in total 5.8 million tokens.

And maybe it's better for someone from Betfury team to answer this speculation just to confirm whatever the relationship if there's something in between or if there's none it's also better for them give update to the community to remove the speculation behind, more on the side of Betfury to either confirm or deny this information.

What's the deal with the roadmap? Why is the last thing in it Q4 2022? It's like they gave up any future plans.
Also i've tried to look for more info about BFG tokens and i am still not sure how the burned tokens are aquired to be burned? Are those happening only when people are losing bfg by gambling and auctioning them, or is the team burning their own tokens as well. And if so how much are they going to burn in total?

If you read the article I provide to brought up this partnership you will notice that this happened last year. I believe Betfury experienced a sudden price movement and volume that time since Biswap gives a special APY for staking BFG tokens in their exchange. But this partnership cause bunch of BFG tokens since they gave Biswap user a BFG token airdrop as a reward for their partnership. I think this is the reason why the price of BFG tokens didn’t grow that much because the team keep spending BFG tokens for their marketing instead of the money they earn in the casino to promote their token.

I also didn't see any news about BetFury and Biswap doing a partnership. However, if the partnership does happen, it will definitely be good news for BetFury Projection. The volatility of gambling token is relatively low, so investors generally have less exposure to these tokens. But when these tokens start to appear, the value of these coins will continue to increase. As far as I know BetFury is moving slowly but it is capable of big surprises at any time.

I think we can keep speculating if they are really related or not because of some similarities, but I remember a post from the representative of Betfury stating that they are not connected to Biswap and that both sites have 2 different teams.