Outside Source
[PRESS RELEASE – Willemstad, Curacao, July 23rd, 2024]
The Fairspin iGaming platform has launched the Play to Earn and Hold to Earn programs, offering users opportunities for additional cryptocurrency rewards.
Digital currencies have moved beyond being mere buzzwords, providing unique advantages over traditional payment methods. The integration of cryptocurrencies has significantly impacted the iGaming industry, introducing new reward mechanisms for players.
Fairspin, a leading iGaming platform, has unveiled two specialized programs utilizing its native TFS Token. These initiatives enable users with the chance to earn from gameplay regardless of outcomes and generate rewards through staking.
“Rewards in TFS are available to players at every turn. They receive rakeback for playing games and can multiply their tokens through staking,” said Fairspin’s Community Manager, Poly.
Play to Earn Program
The Play to Earn program offers rakeback on every bet placed in games. Players earn a percentage of their bets whether they win or lose. The rakeback percentage varies by game type, with slots offering 0.2% and instant win games providing 0.03%.
Accumulating rakeback increases a player’s level in Fairspin’s 10-level loyalty program. Higher levels grant additional benefits, including increased token rewards and higher staking limits. The highest level, “VIP Club Platinum Card,” offers daily token rewards equivalent to 10% of gameplay without wagering requirements, weekly token rewards equivalent to 5% without wagering requirements, weekly token rewards equivalent to 50% with a 60x wagering requirement, and a staking limit equaling Play to Earn multiplied by 15,000.
Hold to Earn Program
The Hold to Earn program allows users to generate rewards by staking their TFS tokens for set periods, with options for 8 hours, 1 day, and 3 days. Upon completion of the staking period, users receive a portion of the casino’s profits based on their stake.
About Fairspin
Established in 2018, Fairspin is a licensed, blockchain-based online iGaming platform that offers over 9,400 games from top providers, innovative earning programs, and unparalleled transparency. With an array of crypto and fiat payment options, the best software, and a multilingual interface, Fairspin has become a preferred destination for gamblers worldwide.
This article first appeared at CryptoPotato
