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[Rruchi man]

As much as some casinos would like, they do not have the capacity to focus on growing their token and then ensuring the casino keeps operating at a standard level at the same time. This is why you may find that some casinos will focus on the most important one, which is their priority, and it is the casino services on ensuring that it remains standard even if it is to the detriment of the token that they have.

If you compare the top crypto gambling platforms, you'll notice that many of them don't actually have their own tokens, yet they still have a huge, loyal user base and generate massive profits from it. In the case of Betfury, I don't think it would be that easy for them to abandon BFG and focus on something else. Even if we assume they were to abandon BFG, what kind of compensation could they offer to BFG holders in that case?

They could offer to take back all the BFG people have in exchange for USDT, and they could also offer free bets, cashback/rakeback, etc., but I am sure holders of BFG will prefer the USDT that they can withdraw above everything else.

The entire site is connected to BFG... so it's not just compensation, they would need to change the entire site. It sounds way too complex to just walk away & abandon it.

I believe that if the casino wanted to, it is still possible that they can do it even though it is complicated, but the fact that they have not moved in that line or direction still implies that they still have plans for the BFG token, and probably they are working on something behind the scenes.

[dzungmobile]

They could offer to take back all the BFG people have in exchange for USDT, and they could also offer free bets, cashback/rakeback, etc., but I am sure holders of BFG will prefer the USDT that they can withdraw above everything else.

They can do that but if take back with current price, it is like a joke and put more salt into pain of their users and BFG token investors and holders. The BFG token dropped a lot from all time high price a long time ago, so any "taking back offer" with current painful low price is not good offer.

In contrast if you want offers like using prices a long time ago which are much higher than current price, it will be big loss for the company and they don't want to do that.

[dwyane36]

Wonder if BetFury ever regretted for creating their token If I remember it right they did not have BFG in the start. I think their token appeared when ICOs were popular and they have decided to join that token mania. They also ran bounty for that, like the others. Now it might be that they regret doing all that, because 1) people speak more about token than about casino. People expect updates on the token instead of casino 2) they look bad foe giving promises or announces plans they were not able to achieve.

That's not the case. First of all, the Betfury platform was launched in late 2019, and by that time, ICOs were no longer as popular as they had been, for example, in 2017- 2018. As for the BFG token, it was available on the platform from the moment of launch, and in the early stages, BFG mining was the only way to obtain tokens. In fact, it was precisely this concept that initially drew attention to Betfury, and I don’t think they regret it, even though they ultimately failed to develop the BFG token into a top-tier asset.

[TopTort777]

Wonder if BetFury ever regretted for creating their token If I remember it right they did not have BFG in the start. I think their token appeared when ICOs were popular and they have decided to join that token mania. They also ran bounty for that, like the others. Now it might be that they regret doing all that, because 1) people speak more about token than about casino. People expect updates on the token instead of casino 2) they look bad foe giving promises or announces plans they were not able to achieve.

That's not the case. First of all, the Betfury platform was launched in late 2019, and by that time, ICOs were no longer as popular as they had been, for example, in 2017- 2018. As for the BFG token, it was available on the platform from the moment of launch, and in the early stages, BFG mining was the only way to obtain tokens. In fact, it was precisely this concept that initially drew attention to Betfury, and I don’t think they regret it, even though they ultimately failed to develop the BFG token into a top-tier asset.

Then it is community (maybe only our) that is looking on BetFury differently. Just notice how little people talk about casino itself. There are even no accusations or problems with BetFury (at least I dont remember any). Seems that everyone are only interested in seeing BFG to develop and with its success on the market. Put yourself on their place. You create something, but people are more interested in what suppose to be only an addition.

[jalvaradonn]

how can i get this token

[iv4n]

how can i get this token

You can buy it... Swap any coin for BFG on the site, or you can use an exchange. You can also play for it. Simply play your favorite games, and you can claim your cashback & rakeback in BFG. If you are a fan of drops, you can participate in their giveaways... but I think that also requires playing, to qualify, you need to wager some amount in the previous week. I guess you can check all that on the site.

The entire site is connected to BFG... so it's not just compensation, they would need to change the entire site. It sounds way too complex to just walk away & abandon it.

I believe that if the casino wanted to, it is still possible that they can do it even though it is complicated, but the fact that they have not moved in that line or direction still implies that they still have plans for the BFG token, and probably they are working on something behind the scenes.

I guess we will see...

[Rruchi man]

The entire site is connected to BFG... so it's not just compensation, they would need to change the entire site. It sounds way too complex to just walk away & abandon it.

I believe that if the casino wanted to, it is still possible that they can do it even though it is complicated, but the fact that they have not moved in that line or direction still implies that they still have plans for the BFG token, and probably they are working on something behind the scenes.

I guess we will see...

Timing is important in issues like this. I hope the betfury team is aware of this because now, while there is still some attention left on the token, it will be good to utilize it and get the token back on track as they would want.

Attention will be harder to get back to the token if they keep delaying doing something interesting to improve the value BFG has.

[iv4n]

...

...

I guess we will see...

Timing is important in issues like this. I hope the betfury team is aware of this because now, while there is still some attention left on the token, it will be good to utilize it and get the token back on track as they would want.

Attention will be harder to get back to the token if they keep delaying doing something interesting to improve the value BFG has.

You are right, the timing is important... I think the Betfury team is aware of it, but I'm not sure there's still some attention left on the token. And you are right, attention will be harder to get at one point, and that can be applied to their presence on the forum. They are watching, but there are no interesting promotions like before, so players are simply moving to other places... I guess it's the conclusion we can draw from the last few pages of this thread.

I didn't log in for a while. I simply find some other places more interesting... in some way. So they need to do something interesting to improve BFG, and they need something interesting to attract players & to keep them engaged. 

[TopTort777]

Attention will be harder to get back to the token if they keep delaying doing something interesting to improve the value BFG has.

Just what interesting they could to to improve value of BFG ? Listing on more exchanges? They could have done it long ago if they really wanted. Increase use case of a token might be the only solution. Right now users can only stake it and get some crumbs daily. I have got a hint for them As they have sports betting, owning particular amount of BFG could grant bet boosts. More BFG you have, higher boost you have.

[BlackBoss_]

Just what interesting they could to to improve value of BFG ? Listing on more exchanges? They could have done it long ago if they really wanted. Increase use case of a token might be the only solution. Right now users can only stake it and get some crumbs daily. I have got a hint for them As they have sports betting, owning particular amount of BFG could grant bet boosts. More BFG you have, higher boost you have.

Exchange listing is not a big contributor for a token value and it is certainly not a decisive factor for a token success in long term. We witness many coins and tokens listed on centralized exchanges including Tier 1 exchanges like Binance, OKX but they were removed/ delisted later, and their projects even announced to stop operations and developments.

With tokens, tokenomics is one of most important factors for the token value and success because a very inflationary token will have very big sell demand and pressure, so its price will very likely not have enough buying support to maintain its price, not yet grow up with time. Beyon tokenomics, there are other things like use cases and utility for the token.

[noorman0]

Exchange listing is not a big contributor for a token value and it is certainly not a decisive factor for a token success in long term. We witness many coins and tokens listed on centralized exchanges including Tier 1 exchanges like Binance, OKX but they were removed/ delisted later, and their projects even announced to stop operations and developments.

It depends on the exchange tier; indirectly, it increases exposure to the casino. Leveraging tokens beyond their core utility presents unique challenges, particularly because a casino's health is generally not significantly affected by market cycles or trends. Ultimately, the token's value reflects the casino itself; if Betfury doesn't have something compelling backing it up, the exposure gained through exchange listings will go to waste.

[dwyane36]

Ultimately, the token's value reflects the casino itself; if Betfury doesn't have something compelling backing it up, the exposure gained through exchange listings will go to waste.

I don't think the token's price reflects the casino's value. In fact, there are plenty of gambling platforms on the market that also have tokens and, just like BFG, their tokens are languishing at the bottom. Rather, this suggests that there is no need for gambling platforms to have their own tokens, and the idea of launching such tokens has proven hopeless.

[Rruchi man]

Attention will be harder to get back to the token if they keep delaying doing something interesting to improve the value BFG has.

Just what interesting they could to to improve value of BFG ? Listing on more exchange?

There may even be ways to get attention back to the BFG token that we may be unaware of, it may not just be listing on more exchanges, that is why a creative team is necessary in every business and company to come up with ideas like this.

I have got a hint for them As they have sports betting, owning particular amount of BFG could grant bet boosts. More BFG you have, higher boost you have.

Great idea! Any Betfury agent still active on this thread should take note.

[Out of mind]

Wonder if BetFury ever regretted for creating their token If I remember it right they did not have BFG in the start. I think their token appeared when ICOs were popular and they have decided to join that token mania. They also ran bounty for that, like the others. Now it might be that they regret doing all that, because 1) people speak more about token than about casino. People expect updates on the token instead of casino 2) they look bad foe giving promises or announces plans they were not able to achieve.

That's not the case. First of all, the Betfury platform was launched in late 2019, and by that time, ICOs were no longer as popular as they had been, for example, in 2017- 2018. As for the BFG token, it was available on the platform from the moment of launch, and in the early stages, BFG mining was the only way to obtain tokens. In fact, it was precisely this concept that initially drew attention to Betfury, and I don’t think they regret it, even though they ultimately failed to develop the BFG token into a top-tier asset.

You are right, I think it was important over time, when Betfury started in late 2019, but its popularity declined a bit. It gained a lot of popularity around 2017-18, and as much as the ICO was a craze, it didn't gain much popularity later. But when BFG integrated the token with the platform from the beginning and provided the opportunity to get it through mining, it was quite interesting and took it to the peak of popularity. The most interesting thing for me is that BFG mining was not just a way to distribute tokens, but it was actually an interesting process to interest users in the platform. However, although BFG created a lot of attraction in the beginning where investors were very interested, they later failed to reach the desired goal. At that time, BFG mining initially attracted people like Betfury's ecosystem, due to which investors paid more attention here, but in the end they did not reach that stage as it was supposed to do according to the road map,  This is their big failure.

[jcojci]

Ultimately, the token's value reflects the casino itself; if Betfury doesn't have something compelling backing it up, the exposure gained through exchange listings will go to waste.

I don't think the token's price reflects the casino's value. In fact, there are plenty of gambling platforms on the market that also have tokens and, just like BFG, their tokens are languishing at the bottom. Rather, this suggests that there is no need for gambling platforms to have their own tokens, and the idea of launching such tokens has proven hopeless.

The problem is they should getting list on major exchanges if they want to reach more investors. Without that, their token might difficult to grow and expand to larger markets and just circle on their casino. Even they gives reward to their investors inside their casino, that still not easy to grow so they should make another innovation and break the barrier to go public. Their token need to compete with other casino tokens which is not easy so they should think more strategies to grow.

[examplens]

People, have you really been talking here for two months only about the BFG token and guessing its fate if it were to be listed on an exchange?
I look at this thread from time to time, and it's quite tiring to read the same thing just a little rewritten. Later, many members ask for an explanation of why their signature ban happened.