Voting

The BetFury community has enormous power over the project ecosystem. If the BetFury team is unsure which solution can best meet the wishes of token holders, this decision is put to a vote.

Users with BFG on their balance, who have already started exploring the possibilities of this ecosystem, can take part in the vote. Only users from Rank 2 can participate in voting. One user can vote only once.

One of the votes took place at a turning point in the project's history - the increase in BFG mining prices. In fact, many were interested in the question: What will happen when all the tokens are mined?

BFG Mining is over, and no new BFG will enter circulation. Therefore, after all tokens are emitted, this will increase the value of BFG since new tokens will not enter the market, and existing ones will be burned periodically. BFG has many utility opportunities: staking, playing, getting bonuses, and trading. Then the only way to get BFG tokens is to exchange them.

Three options were presented to the community for consideration:

• Increase the price of mining by 3 or 5 times.

• Reduce the range for increasing the mining price from 50 000 000 to 25 000 000.

• Change the mining price dependence: from BTC price to USDT price.

These changes would affect the BFG tokenomics in the following ways:

• Slow down the speed of mining tokens;

• Contribute to a more stable APR for staking; Continue mining for around 32 or 53 months;

• Make a positive impact on the BFG price.

As a result, more than half of the participants' votes (50.79%) were in favor of the decision to increase the cost of mining by 5 times.

Thus, the duration of mining was increased by about 53 months. Users, through their actions, have been able to extend the duration of mining on the platform and have influenced the quality and length of interaction with BetFury in this regard.

The entire voting process was displayed on the official BetFury website and was available for anyone to view. Through the use of blockchain technology, any possibility of third parties influencing the results of the voting was minimized.