Post
Topic
Board Gambling
Re: 🎲BetFury.io|🎁Welcome Pack on BetFury| 💸300 Free Spins + 150% Deposit Bonus
by
delfastTions
on 14/02/2023, 10:04:46 UTC
So I do not know what to expect from this token. They should have closed the BFG token mining option last year, but instead they increased the cost of mining and extended the mining period. You can read more about their solution here. Such decisions indicate that they themselves do not know how to add utility to their asset.
Seriously, i didn't know they had plan to stop it then, as that doesn't show up in voting options. Or is that your opinion that they should have done that?

But since it's now 53 months (4.4 years) more mining, they most likely don't need to do any new plans for the token until mining is over. This waiting is just pure agony. This has so much potential if there only would be decent game theory planning involved. But i guess that's not interesting to the team as it doesn't matter to them what's the token worth.
I think that the Betfury devs are well aware of the problems that can be with the circulation and issue of BFG tokens. 
And such a decision to extend the staking of tokens obviously has good reasons for such a decision.  One of the possible arguments for extending staking, as I understand it, is due to the fact that many players, over the years of its existence, have already become accustomed to the fact that their deposit, albeit a little, is replenished over time.  Of course, the player becomes somehow a little offended when he loses such a small, but still constant source of replenishment of the deposit.  So that there is no such negativity among the players and they would show loyalty and respect for the casino, it is worth keeping this small source of income. 
I think the devs understand this very well.