Jenny Johnson, the President and CEO of Franklin Templeton, a substantial financial entity managing assets worth $1.6 trillion, shared her insights on blockchain technology and its benefits during her interview with Bloomberg anchor David Westland at the 27th Annual Milken Institute Global Conference in California.
Johnson’s discussion covered various innovations, including tokenization and generative artificial intelligence, emphasizing her firm’s forward-looking approach in these areas.
During the interview, Johnson expressed her enthusiasm for blockchain.
She detailed an experiment conducted by Franklin Templeton, where they processed account records using both traditional methods and blockchain technology over six to eight months.
The experiment yielded encouraging results. “We were astonished by how much less costly it was to run it on blockchain,” Johnson revealed.
She predicted a significant shift in financial products to blockchain, citing its efficiency and the potential to reduce the substantial costs associated with data verification across different systems.
“It’s a very efficient technology, and we think it’s going to open up a lot of new investment opportunities. And, honestly, eventually, I think ETF and mutual funds are all going to be on blockchain,” she said.
Highlighting the practical applications of blockchain, Johnson referred to pop superstar Rhianna’s use of nonfungible tokens (NFTs).
Rhianna issued 300 NFTs, which allowed owners to earn a fraction of the royalties from one of her songs through a smart contract.
This example underscores blockchain’s ability to diversify investment opportunities and streamline data consistency.
“In the case of blockchain,” Johnson noted, “there’s only one source of truth.”
The conversation also touched on the topic of generative artificial intelligence. Johnson acknowledged the dual nature of generative AI technologies, likening it to “kind of like the kid who gets an ‘A’ in English and an ‘F’ in math.”
Despite the challenges, she remains optimistic about the potential applications of AI in finance. Johnson highlighted a collaboration between Franklin Templeton and Microsoft to develop an AI-powered sales assistant, illustrating the firm’s commitment to leveraging AI technology.
She also praised the potential of AI-driven translation services to overcome language barriers within the financial sector, hinting at the expansive future of AI in improving accessibility and efficiency in financial services.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Storm Trade, a decentralized derivatives trading platform built on the TON blockchain, is set to launch its native utility token, $STORM, in May or June of this year. The platform, which boasts direct integration with Telegram, aims to attract the next 10 million DeFi users by offering a user-friendly and highly accessible trading experience.
With a leverage of up to x50, Storm Trade offers a diverse range of synthetic assets, including popular cryptocurrencies, FOREX, equity, and precious metals. The platform has witnessed a remarkable trading volume of $8,749,409 in the last 24 hours.
The $STORM token launch is highly anticipated, with only approximately 4% of the total supply of 1B being made available for sale. Holders of the platform’s Market Makers NFT, which currently has a floor price of around $1,600, will have the opportunity to purchase the token first at a fixed minimum price.
The token offers significant utility, with staking and liquidity buffering. The total value locked (TVL) in the platform currently stands at $11,198,846.
A standout feature of Storm Trade is its direct integration with Telegram, making it the first perpetual decentralized exchange accessible within the popular messaging app. Users can trade a diverse range of assets including cryptocurrencies, forex, stocks, and commodities while receiving real-time updates, all without leaving Telegram. The platform prioritizes user safety through a non-custodial model and isolated margin trading to limit potential losses. Additionally, Storm Trade incorporates gamification elements like NFTs, avatars, and trading competitions to enhance the user experience.
Storm Trade has formed partnerships with notable organizations such as Gotbit, Cointelegraph, and ToncoinFund, further strengthening its position in the DeFi space. The project has also attracted significant interest from investors, with investment rounds being oversubscribed three times.
The platform’s long-term vision includes becoming the most widely adopted decentralized leveraged trading platform, governed by the $STORM token and generating revenue for distribution through a staking pool.
The seamless integration with Telegram sets Storm Trade apart from traditional on-chain platforms, offering users real-time notifications, direct access to the Telegram wallet, and rewards for traders and liquidity providers.
Token distribution:
- IDO: 4,2%
- Community & Ecosystem: 30%
- Investors: 17,9%
- Advisors: 5%
- Liquidity: 10%
- Team: 15%
- Airdrop: 3,5%
- Treasury: 14,4%
Storm Trade’s launch plan consists of four phases, with the public testnet and open beta phases already completed or in progress. The Market Makers NFT phase is currently underway, offering users the chance to acquire unique NFTs that grant whitelist access for the token launch. The final phase, the Token Generation Event (TGE), is estimated to take place in June 2024, with the token being launched on several leading launchpad platforms.
With its innovative approach to derivatives trading, strong partnerships, and a utility-focused token, Storm Trade is well-positioned to make a significant impact in the DeFi space. As the platform continues to grow and attract users, the upcoming $STORM token launch presents a unique opportunity for investors and traders alike.
MAGA Shiba Inu (MAGASHIB) could turn early investors into multi-millionaires if it becomes a mainstream coin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
MAGA Shiba Inu (MAGASHIB), a new Solana memecoin that was launched today, is poised to explode over 13,000% in price in the coming days.
This is because MAGASHIB has announced its first centralized exchange listing, which will be on MEXC – one of the largest exchanges in the world.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, MAGA Shiba Inu can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and MAGA Shiba Inu could become the next viral memecoin.
MAGA Shiba Inu launched with over $7,000 of locked liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy MAGA Shiba Inu on Raydium or Jupiter ahead of the MEXC listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for MAGA Shiba Inu by entering its contract address – 73mqxPkM9P59GeudJ2DT8i2v94QfLkfVVbfQnU2DTP5r – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like MAGASHIB.
The United States Securities and Exchange Commission (SEC) has rejected Coinbase’s request for an interlocutory appeal in their ongoing legal dispute, citing manipulation of the appeal’s question to fit legal criteria under 28 U.S.C. § 1292(b).
The SEC articulated this in a filing with the U.S. District Court for the Southern District of New York on May 10, stating, “Coinbase’s attempts to manipulate the question for appeal to shoehorn it into a certifiable question under 28 U.S.C. § 1292(b) are self-defeating.”
The core of the dispute revolves around Coinbase’s dissatisfaction with the Howey test, which the SEC uses to determine whether an offering qualifies as a security.
The SEC’s filing reiterates Coinbase’s antagonism towards the test and existing securities regulations, suggesting that Coinbase structured its business to avoid compliance costs, summarized by the SEC’s remark, “Coinbase just does not like the answer.
Having made the weather, Coinbase cannot now complain that it is raining.”
On April 12, Coinbase filed for the appeal, challenging the notion that an investment contract necessitates a post-sale obligation.
This led to a debate over whether this forms a controlling question—a significant legal query that could influence the lawsuit’s outcome.
The SEC opposes this appeal, arguing that Coinbase has failed to present a consistent interpretation of what constitutes a “contractual undertaking.”
The agency emphasized that no court in the past 80 years has required such post-sale obligations.
According to the SEC, “Coinbase remains unable to advance a single, coherent version of this theory, which it now claims presents a controlling question.”
Moreover, the SEC believes that Coinbase’s proposal of a new legal test and disagreement with the court’s previous decision do not justify the certification of an appeal.
The filing states, “Interlocutory review is not warranted simply because Coinbase proposes a new legal test and disagrees with the Court’s rejection of that test.”
The SEC initiated legal action against Coinbase in June 2023, accusing the exchange of violating federal securities laws by listing 13 tokens it claims are securities.
Coinbase maintains that the transactions on its platform do not fall under securities regulations—a stance directly opposed by the SEC, which considers some of these transactions to constitute “investment contracts” under federal law, as noted in court documents dated March 27.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Black Donald Trump (BLATRUMP) could become a viral memecoin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Black Donald Trump (BLATRUMP), a Solana memecoin that was launched yesterday, is aiming to challenge other memecoin giants, such as Shiba Inu (SHIB) and Dogecoin (DOGE).
Early investors in SHIB and DOGE made astronomical returns, and Black Donald Trump presents a similar opportunity.
BLATRUMP rallied over 600% in the first few hours after its launch, before consolidating as some early buyers cashed out their profits.
However, most investors are still holding their tokens, as they are waiting for BLATRUMP to be listed on ByBit later this week, as this listing will cause the coin’s price to skyrocket.
Its current price presents a great opportunity for new investors to buy the dip before the next rally.
BLATRUMP has a market cap below $30,000 at the moment, meaning that when it just reaches a modest market cap of around $500,000-$1,000,000, early investors would generate returns of 2,000%-3,000% in a matter of days or hours.
The exciting memecoin is poised to rally another 12,000% in the coming two days, and Black Donald Trump (BLATRUMP) could potentially reach a multi-million dollar market cap within a few weeks.
Currently, BLATRUMP can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy Black Donald Trump (BLATRUMP) on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for BLATRUMP by entering its contract address – 29BiHVTBEo7RnbtwqwTmV3Hy6nDTadcCgopM6HUyjGRK – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like BLATRUMP.
Black Donald Trump (BLATRUMP) could become a viral memecoin, like Shiba Inu (SHIB) and Dogecoin (DOGE).
Black Donald Trump (BLATRUMP), a Solana memecoin that was launched yesterday, is aiming to challenge other memecoin giants, such as Shiba Inu (SHIB) and Dogecoin (DOGE).
Early investors in SHIB and DOGE made astronomical returns, and Black Donald Trump presents a similar opportunity.
BLATRUMP rallied over 600% in the first few hours after its launch, before consolidating as some early buyers cashed out their profits.
However, most investors are still holding their tokens, as they are waiting for BLATRUMP to be listed on ByBit later this week, as this listing will cause the coin’s price to skyrocket.
Its current price presents a great opportunity for new investors to buy the dip before the next rally.
BLATRUMP has a market cap below $30,000 at the moment, meaning that when it just reaches a modest market cap of around $500,000-$1,000,000, early investors would generate returns of 2,000%-3,000% in a matter of days or hours.
The exciting memecoin is poised to rally another 12,000% in the coming two days, and Black Donald Trump (BLATRUMP) could potentially reach a multi-million dollar market cap within a few weeks.
Currently, BLATRUMP can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy Black Donald Trump (BLATRUMP) on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for BLATRUMP by entering its contract address – 29BiHVTBEo7RnbtwqwTmV3Hy6nDTadcCgopM6HUyjGRK – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like BLATRUMP.
The Grayscale Bitcoin Trust (GBTC), a spot Bitcoin exchange-traded fund (ETF), experienced a brief resurgence in investment inflows in early May, following a substantial period of financial hemorrhaging since its inception.
Despite this, the fund quickly reverted to outflows within just a few days, reflecting its ongoing struggles in the highly volatile cryptocurrency market.
GBTC debuted on January 11 and suffered consistent outflows for 78 consecutive days, resulting in a total loss of over $17.5 billion.
A temporary reversal occurred in early May, with inflows recorded on May 3 and May 6, totaling $63 million and $3.9 million respectively.
This influx of investment briefly suggested a potential stabilization or renewed investor interest in the fund.
However, this trend did not sustain. By May 7 and May 9, GBTC reported outflows of $28.6 million and $43.4 million respectively, effectively negating the gains made in the previous days.
This pattern of rapid reversal is indicative of the challenges faced by GBTC, marking it as the only spot Bitcoin ETF issuer to report outflows during that period while other funds under the United States Securities and Exchange Commission (SEC) saw positive or neutral investment flows.
In contrast, other Bitcoin ETFs have fared significantly better.
For instance, BlackRock’s iShares Bitcoin Trust attracted substantial investment, totaling nearly $15.5 billion.
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Other notable funds include Fidelity’s Wise Origin Bitcoin Fund, Bitwise Bitcoin ETF, and Cathie Wood’s ARK 21Shares Bitcoin ETF, which reported net inflows of $8.1 billion, $1.7 billion, and $2.2 billion respectively.
Despite these fluctuations, the average daily loss for the Grayscale Bitcoin Trust since its launch stands at a stark $211 million.
Nonetheless, the overall Bitcoin ETF market in the U.S. has maintained a positive net balance of $11.7 billion due to robust inflows into other funds.
Adding insight into the investor demographics, Jan VanEck, CEO of VanEck, commented during the Paris Blockchain Week in April that “You’ve had some Bitcoin whales and some other institutions move some assets in, but they were already exposed to BITCOIN.”
He further noted the predominant retail investor contribution, which accounts for 90% of Bitcoin ETF inflows.
Despite this, there is an anticipation for significant institutional investments from banks and traditional firms as projected around May.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Early investors in memecoins like Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) made astronomical returns, and King Mark Cuban (KINGCUBA) presents a similar opportunity for a limited time.
King Mark Cuban (KINGCUBA), a newly launched Solana memecoin, is poised to explode over 16,000% in a matter of days, as former Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) investors pour funds into this new token.
KINGCUBA will be listed on ByBit, one of the largest centralized exchanges in the world, within a few days – and this is a massively bullish development for the token, as millions of new investors will easily be able to buy King Mark Cuban.
Currently, King Mark Cuban can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy KINGCUBA on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for King Mark Cuban by entering its contract address – B8V4DqTWPUjY3TkPtUp14MUvcdNToT65JDpMtUDGL8Vz – in the receiving field.
KINGCUBA currently has a market cap of just under $13,000, with over $4,000 in locked liquidity, meaning it has huge upside potential.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB), Dogecoin (DOGE) and Bonk (BONK) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
Billionaire investor Mark Cuban recently voiced strong opinions about the need for clearer regulatory frameworks within the cryptocurrency industry in the United States, urging the Commodity Futures Trading Commission (CFTC) to oversee all crypto-related activities.
In a post directed to his 8.8 million followers on X on May 10, Cuban emphasized the urgency of legislative action prior to the 2024 presidential election, suggesting that it could influence the re-election of President Joe Biden.
Cuban stated, “You could solve this problem for Biden by passing legislation that defines registration that is specific to the crypto industry just as other industries have registration that is defined for them.”
His comments reflect a broader concern within the crypto community about the need for tailored regulatory measures that can foster both innovation and consumer protection.
Highlighting the potential political repercussions of regulatory decisions, Cuban pointedly mentioned Gary Gensler, the Chair of the Securities and Exchange Commission (SEC), known for his stringent stance on cryptocurrencies.
Cuban argued that Gensler’s approach could alienate crypto voters, implying that this could be a decisive factor in the upcoming election.
“If Joe Biden loses, there is a good chance you will be able to thank Gary Gensler and the New York SEC,” Cuban said, suggesting that a more crypto-friendly regulatory approach could be more advantageous.
He proposed a more effective alternative, advocating for the CFTC to take charge of all crypto regulations.
This idea aligns with the growing consensus among younger and independent voters who perceive crypto as a significant part of their financial interaction and are critical of the SEC’s handling under Gensler’s leadership.
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Cuban harshly criticized Gensler’s record, saying, “Crypto is a mainstay with younger and independent voters. Gensler HAS NOT PROTECTED A SINGLE INVESTOR AGAINST FRAUD.”
Data from litigation consulting firm Cornerstone Research indicates that the SEC undertook 46 enforcement actions against crypto firms in 2023 alone, underscoring the aggressive regulatory landscape.
Meanwhile, Rostin Behnam, Chair of the CFTC, anticipates another wave of enforcement within the next six to 18 months, hinting at ongoing challenges for the sector.
The discourse around cryptocurrency regulation is poised to be a significant issue in the 2024 U.S. election.
A recent poll reported by Cointelegraph on May 7, conducted among 1,201 registered voters, found that over two-thirds resonate with the sentiment that “crypto is for people like them, and more equitable than the financial system.”
This unfolding narrative captures the complex interplay between politics, regulatory actions, and the vibrant dynamics of the cryptocurrency market, reflecting a critical juncture in the regulatory oversight of digital assets in the U.S.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Countless tokens appear in the crypto world nowadays. However, only some cryptocurrencies effectively combine earning opportunities and strategic vision for strengthening a token from the inside. Such projects build long-term prospects for token utilities and have a loyal community of holders.
The BFG token can be classified as one of these tokens. It has taken on these qualities and shown clear tokenomics, aligning with the idea of sharing revenue with users in both the project and the token.
This article will reveal the primary BFG utilities, exclusive benefits for its holders, and token price prediction. We will also share how the BetFury project allocates 100% of its revenue to sustain the BFG token.
What is a BFG Token?
BFG is a native token of the BetFury ecosystem, launched on a BSC Chain (BEP-20) in June 2021. It has over 67,000 holders who use BFG for trading, gaming, sports betting, getting passive income from staking, etc. More about BFG: https://betfury.com/about-bfg.
BFG has become integral to the BetFury project, constantly moving towards new achievements. It plays a vital role in the ecosystem and rises in market value due to the robust deflationary strategy. One of the fundamental points of this strategy is the direction of GGR (Gross Gaming Revenue) to the BFG Staking pool, the main crypto utility.
Do you know other projects that spend 100% of the team’s revenue to support the native token? Moreover, BetFury seasons it with permanent BFG buybacks that positively affect the BFG price. Therefore, having stable revenue, the platform spends it on token development and its long-term perspective.
History Behind BFG Growth
The BFG token was launched to distribute the platform revenue and passive income to its owners. Gradually, as the project scaled, the number of collaborations increased, providing additional utilities for the BFG token, including exchange options and additional income opportunities for users.
Tokens were mined by playing in a one-to-one ratio for the user and team. After the end of BFG mining in June 2023, the total supply amounted to 5 billion tokens. Simultaneously with the mining process, the primary utility of the BFG token was launched – revenue share. Users who became BFG holders began to participate in this distribution mechanism. After listing on top exchanges like PancakeSwap, BFG increased its liquidity and market circulation, taking a well-deserved place among the most popular tokens in the crypto-iGaming niche.
Strategic BFG Deflationary Mechanism
After the end of BFG mining, BetFury took on the most critical mission – escalating the value of BFG. Stable and healthy tokenomics allowed the team to create a new deflationary strategy to accomplish this task. The new deflationary mechanism involves repurchasing tokens from the market using the BetFury team’s revenue.
BFG Buyback & Burn Mechanism
The team uses funds from the platform’s revenue streams to buy back BFG tokens from the market and conduct a monthly BFG token burn, reducing the circulating supply. These revenue streams include:
- crypto staking penalty fee;
- crypto swap fee;
- borrowing liquidation and fee;
- Futures fee
- staked BFG by the BetFury team;
BFG Buyback & Lock
Each month, BetFury’s team buys back tokens from the circulating supply using funds generated from the mentioned revenue streams and stores them in a dedicated wallet known as the Treasury. Periodically, these repurchased BFG tokens will be distributed as incentives to stBFG/BFG holders and active platform users.
This transparent and innovative deflationary strategy demonstrates that the BetFury team will focus all its efforts on boosting the token and supporting BFG holders.
How to Earn with BFG?
BFG has many utilities that reveal the token’s full range of usefulness.
Staking BFG
It’s the primary tool for passive earning. BetFury offers BFG Staking with an opportunity to double rewards by converting BFG to stBFG (a special native token) with zero fees. It provides up to 70% APY and daily payouts in BTC, ETH, BNB, USDT, and TRX.
According to the mechanism for replenishing the BFG Staking pool, the part of GGR is distributed among BFG and stBFG holders in the BFG Staking pool. This way, the BetFury team can consistently support the pool’s profitability for users by providing a high APY. Additionally, the BetFury team has locked 1 billion BFG tokens for three years, opting not to benefit from the x2 APY but to earn from a regular APY in the BFG Staking pool. Such a lock ensures the team’s serious commitment to token development and its deflationary model.
Trading BFG
Everyone can trade assets on BetFury using Crypto Swap. It’s an internal exchange that provides fast transactions and low fees. Besides, you can trade BFG on top exchanges like Pancake Swap, Biswap, etc.
Holding BFG tokens
By holding a BFG token, you also gain benefits:
- High passive income from BFG staking;
- Access to exclusive features and bonuses on BetFury;
- Potential to get the high-value token thanks to strategic deflation mechanism and smart tokenomics (link);
- Additional huge rewards for all holders are available in different formats.
Playing BFG
BetFury has over 8,000 slots and 20 Original games. Therefore, players can easily place bets and multiply their BFG assets.
Betting BFG in Sports
The platform offers over 80 sports betting options in BFG. Users also can get beneficial bonuses by placing BFG bets.
BFG Bonuses & Events
BetFury has a profitable Welcome Pack with up to a $10,500 Deposit bonus and 225 Free Spins. Moreover, each user can receive pleasant bonuses for activity and participate in various large-scale events with huge rewards:
- Rise your Rank on BetFury to receive up to 25% Cashback in BFG;
- Loot fantastic Rakeback and Weekly & Monthly Bonuses from Rank 1;
- Get the BFG tokens during Coindrop, Rain, etc;
- Choose great Bonus Packs in your Bonus Cabinet;
- Join regular battles, events, and tournaments to multiply BFG;
- Gather Weekly and Monthly Bonuses in BFG based on your wager and lost deposit funds between accrual periods;
- Be an active VIP user to earn BFG regularly;
- Receive a boosted TG Monthly Bonus in BFG after connecting the BetFury Telegram Bot to your account.
The different uses of the BFG token help it stay strong in changing markets, and its strategy of reducing supply makes it more valuable over time.
Is the BFG token secure?
BFG got a CertiK certification on September 17, 2021. This report showed the token’s reliability and security. Moreover, BetFury also received a Curacao gaming license. As a result, the platform gained users’ trust and assured all BFG holders.
BFG Token Price Prediction
According to Coincodex forecasts, the BFG price may increase by 228% and reach $0.0567 by June 6, 2024. Based on historical cycles, the platform also determined the minimum and maximum value of the token for 2025: $0.017284 and $0.081670. The upgraded tokenomics and deflationary strategy can support these positive dynamics. Therefore, such predictions have a good chance of coming true. In any case, remember that the crypto market is very volatile. Experienced traders should keep their finger on the pulse and always conduct their own research.
Conclusion
Ecosystem upgrades are essential for any crypto platform competing for a leading position in the industry. That is why BetFury has updated its tokenomics and introduced a new transparent deflationary model to empower its BFG token. The platform has directed 100% of iGaming revenue to support BFG tokens in the BFG Staking pool, thus granting users favorable conditions and stable APY rewards. The other part of the non-iGaming income will be used for BFG buybacks to fill the Burning and Treasury funds. As an outcome, the BetFury team is committed to fostering a healthy token economy and facilitating the continuous growth of the ecosystem.