In 2017 the world’s first blockchain lottery True Flip successfully completed İCO and raised more than $8 million for the project development. Absolutely no one heard about online casinos and lotteries on blockchain at that time, so the company became a pioneer in the world of gambling. How the project is currently now and what has changed over the past three years is considered below.
Transparent and evident lottery
True Flip has become an alternative to biased online casinos that set their own algorithms for generating numbers in online roulettes and slot machines. It was almost impossible to win at such casinos and participants could not understand what principles were used for the numbers that appeared on eGambling tables.
True Flip developers used blockchain technology, so each participant could bid in tokens and the lottery would be as transparent and understandable as possible. In 2017 an absolutely revolutionary product came out with instant support among small and medium-sized investors. The İCO company was able to sell tokens worth over $8 million in a few days. More than a thousand people from all over the world have become TFL token holders. They continue to hold coins and actively follow the project.
That same year the company launched several more games with high-quality graphics and interesting dynamics in addition to the blockchain lottery. Several manufacturers and hundreds of different games were added to the platform then. That made it possible to significantly expand the geography and audience of the project. True Flip online casino users are citizens from more than 50 countries of the world.
True Flip was recognized as the best online casino in 2020 by AskGamblers. Users noted a wide selection of games, transparency, and clarity of game principles, as well as the safety and effective technical support from True Flip.
The token was traded on several exchanges: HitBTC, KuCoin. You can purchase it now on KickEX and Uniswap. The asset capitalization is $9 million.
About the project future
It was recently revealed that True Group was moving the TFL token into a separate project and has focused on using the token in the GameFi industry. According to the project telegram chat, True Group plans to launch its own game in the Play-to-Earn sector, The company also intends to release a whole collection of NFT tokens and launch its own marketplace. The team does not deny plans to launch staking and farming.
The presentation, prepared by True Group specialists, appeared online with a possible partnership with Bellator MMA. True Group will develop unique NFT Fighter Cards and Fan Benefit Packs.