BetFury Unveils Enhanced BFG Tokenomics, Unleashing Deflationary Power and Empowering Holders

BetFury has revamped its BFG tokenomics to augment BFG's value in the crypto market. The team has implemented strategic changes, including allocating 100% of gaming revenue to the BFG Staking pool to empower BFG holders with benefits such as high APY staking, exclusive bonuses, and incentives. Additionally, BetFury has launched a BFG Buyback & Burn mechanism, utilizing revenue streams to repurchase tokens from the market and reduce circulating supply, further bolstering BFG's long-term value.

BetFury Unveils Enhanced BFG Tokenomics and Deflationary Mechanism, Empowering Holders and Driving Token Value

Willemstad, Curacao, May 14, 2024 (GLOBE NEWSWIRE) - BetFury, a leading crypto gaming and iGaming platform, has embarked on a transformative journey by revamping its BFG tokenomics and implementing a groundbreaking deflationary mechanism. This strategic move is designed to fortify the value of its native token, BFG, and provide exceptional benefits to its holders.

BFG: The Backbone of BetFury Ecosystem

BFG, the native token of BetFury, has gained immense popularity since its launch on the BSC Chain (BEP-20) in June 2021. With over 67K active holders, BFG serves as a versatile utility token, empowering users to engage in a wide range of activities such as gaming, sports betting, staking, and trading.

BetFury's unwavering commitment to security and reliability has earned BFG the prestigious CertiK certification and a Curacao gaming license, instilling trust and confidence among its holders.

BFG's Deflationary Strategy: A Catalyst for Value Growth

The newly implemented deflationary strategy represents a pivotal shift in BetFury's tokenomics, with the platform directing 100% of its gross gaming revenue (GGR) to the BFG Staking pool. This bold move demonstrates BetFury's dedication to enhancing the value of BFG for its holders.

BFG Repurchase and Burning Mechanism: Reducing Supply, Boosting Demand

In a groundbreaking move, the BetFury team has pledged to channel a portion of its revenue to buy back BFG tokens from the market, effectively reducing the circulating supply. This strategic initiative is designed to drive up the value of BFG by adhering to the fundamental principles of supply and demand.

Additionally, BetFury will implement a regular BFG burning mechanism, further reducing the total number of tokens in circulation. This process effectively removes BFG from the market, creating scarcity and potentially driving up its value.

BFG Buyback and Lock: Diverting Tokens to Incentivize Holders

BetFury's buyback program extends beyond reducing supply, as the team has meticulously crafted a plan to distribute repurchased BFG tokens back to the community. Tokens will be securely stored in a designated Treasury wallet and periodically distributed as generous incentives to active users, including stBFG/BFG holders.

Diversified Earning Opportunities with BFG: Maximizing Holder Value

BetFury has meticulously designed a multifaceted ecosystem to maximize earning potential for BFG holders. Staking BFG through the platform's staking pool offers an impressive APY of up to 70% with daily payouts in various cryptocurrencies such as BTC, ETH, BNB, USDT, and TRX.

By simply holding BFG, users unlock a host of benefits, including passive income through staking rewards, exclusive access to premium platform features, and attractive bonuses.

Active gamers and sports bettors can seamlessly utilize BFG as a currency within BetFury's expansive iGaming and sports betting offerings, amplifying their earning potential with every wager.

Additional Benefits for BFG Holders: A Comprehensive Rewards System

BetFury has generously rolled out an array of captivating bonuses and rewards to further enhance the value proposition of BFG ownership. As users ascend through the platform's ranking system, they are eligible for substantial cashback rewards in BFG.

Dedicated players can leverage BetFury's Rakeback and Weekly/Monthly bonuses, which provide generous BFG payouts. Regular BFG earnings are also available for active VIP users, offering an ongoing stream of rewards. By connecting the BetFury Telegram Bot to their personal account, users gain access to exclusive BFG bonuses, amplifying their earning potential even further.

BFG Price Prediction: Positive Market Sentiment and Robust Fundamentals

Renowned price analysis platform Coincodex has projected a promising future for BFG, forecasting a potential increase of 228%, with a value of $0.0567 by June 6, 2024. In-depth analysis of historical cycles has led to projected minimum and maximum values for BFG in 2025, ranging from $0.017284 to $0.081670.

These positive market indicators are underpinned by BetFury's enhanced tokenomics and robust deflationary strategy. However, it is crucial for investors to acknowledge the inherent volatility of the crypto market and conduct thorough research before making investment decisions.

BetFury: A Leader in Ecosystem Innovation

BetFury's unwavering commitment to innovation drives its relentless pursuit of ecosystem upgrades, ensuring its competitive edge in the rapidly evolving crypto industry. By introducing a robust deflationary mechanism and revitalizing BFG's tokenomics, BetFury has signaled its unwavering dedication to fostering a healthy token economy and facilitating the continuous growth of its ecosystem.

About BetFury

BetFury, a pioneer in the crypto gaming and iGaming space, has established a global community of over 2 million active users. Boasting an expansive ecosystem that encompasses crypto-earning features, iGaming, and sports betting, BetFury provides a comprehensive and immersive experience for its users.

Newcomers to BetFury are welcomed with a generous Welcome Pack, featuring Deposit Bonuses of up to $10,500 and 225 Free Spins. For those seeking a collaborative approach to earning rewards, BetFury's Referral Program offers lucrative incentives for both referrers and referrals, including bonuses and commissions.

Contact Information:

Alisia Preston, PR Manager
BetFury
Website: https://betfury.com/
Email: pr@betfury.com

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