It looks like the trading volume on pancakeswap is only $57, and there have only been 2 transactions in the last 24 hours. Obviously, it's very weak data, and you're right that Fairspin should promote the TFS token more aggressively. As an option, listing on any popular centralized exchange could significantly pump the price of the TFS token, given the low market cap.
I don't want to sound like a FUDster, but I am going to be realistic, What's the point of the TFS token?
What advantage does it have over the likes of Bitcoin. Ethereum, Doge, LTC or Solana?
So many casinos or projects create tokens that have no real advantage (except make for them more money) or use case, and they end up dumping just like any other token over the past years.
You're not being a
fudster. You are bringing a good argument. Similar to you, however, on the other side of the argument, I do not want to sound like a shill because I am in Fairspin's signature campaign. But I have argued for tokenization before and why they have become necessary for many projects in the cryptospace as
protection.In Defi projects issuing tokens has become a necessity because if they do not do this, another development team can fork the project and issue a token with it. Tokenization has become a very important tool in community creation, community and developer incentives and for the project's growth. Tokenization, NFT and stablecoins issuance will be the next big development in cryptospace gambling sites.
Yes, I agree with your statement, I think this is one of the formulas that some casinos and betting platforms have so far, I also see it as something more reliable than the NFT era in 2021 than anyone launching a token with NFT and then they maintained a ponzi scheme or an unsustainable economy system, which when thinking in the long term was something impossible, with the exception of some projects, in this case when a platform launches its NFT tokens it makes investors feel confident, since We have an example of some sites like Betfury that have a good system taking advantage of their tokens, and the case of Rollbit that has its Rollbots, why not Fairspin?
