Tofycoin is a cryptocurrency that works in the field of NFT and can be used as a payment system in mobile, web and PC games. Using the technological infrastructure both for its own games and for partner companies, Tofycoin creates a gaming ecosystem.
Tofycoin $TOFY currency can be used as an exchange currency for all transactions, i.e. game rewards, rewards for high ratings, winning tournaments, as well as for all in-app purchases. Moreover, it is an alternative payment method for Google Play and Apple Store with its low cost and fast transactions.
The Tofycoin platform allows game developers to integrate their games into Tofycoin and earn between 20% and 70% of revenue. Tofycoin will also support the platform by integrating $TOFY tokens using proprietary technologies and in-game NFTs.
A distinctive feature of the project’s economy is that no commission is charged for the transfer of tokens. The high speed of transactions is supported by the distribution of cloud servers in seven different countries of the world. This allows Tofycoin to demonstrate a transaction processing speed of 0.003 seconds. Also, it should be noted that user data is protected using 256-bit encryption.
Tofycoin’s goal is to connect game developers and gamer communities through the blockchain with a “play to earn” philosophy. While gamers can earn in-game crypto assets through add-ons, Tofycoin aims to provide a decentralized platform service where gamers can sell and buy virtual items through the NFT Market.