What is True Flip

Title

True Flip is a fair international blockchain lottery with several online lottery games. The underlying True Flip tokens allows their owners to participate in a special quarterly game. Its prize fund is formed with 10-15% of each sold ticket. This is basically a kind of dividend in an attempt not to be marked as a security token

True Flip’s goal is to become the most popular and transparent blockchain lottery that belongs to international community and offers the biggest Jackpot in the world.

Most of currently existing lotteries are totally centralized or even held by governments and are hardly transparent. True Flip’s mission is to build True Flip as a provably fair and decentralized lottery platform that neither any nation state, nor a single authority, nor members of our team could control.

Whitepaper forecast suggests 15 000 sold tickets per day. This number accounts for only 0.4% of the global online-gambling market in current prices. After the launch of three new lotteries, the daily turnover in whitepapers model might reach 50 thousand sold tickets (1.3% of the world market). 18155 tickets in total where sold in 2018 second quarter.

ICO money is primarily used to increase the Jackpots (60%), marketing (20%) and operations (10%)


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Payout Structure   Dividend Calculator   Market Value   ICO Details   
Current Performance   Related Links   All Time Progress   Dividend Yields   
TFL vs Other Crypto   My view on TrueFlip   

TFL Payout Structure

Trueflip holds a quarterly lottery for TFL holders and raffles the Token Holders Fund. The TFL tokens need to be parked at the TrueFlip site, so the holder is eligible to participate in the Master Flip game (a single number out of 256 is drawn). For every 100 TFL parked you receive a Master Flip ticket to join the dividend game. In that game you can choose your odds of winning the game and the holder gets winnings / dividends paid out in BTC on their account at Trueflip.

Base dividend is calculated as the Token Holders Fund / Total TFL supply and depending the four possible odds you choose there are multipliers working to increase the pay out. Only parked tokens are eligible for dividend, the fund allocated for non parked tokens is moved towards the next quarter.

What would be the best bet over the long run in the MasterFlip game. Suppose there is $10 dividend per coupon without multipliers, what numbers you should pick?

BetWinning changeWin MultipleirLoose MultiplierExpected Value
Nr <= 6425%1.5 ($15)0.5 ($5)$7.5
Nr <= 12850%1.3 ($13)0.7 ($7)$10
Nr <= 19275%1.2 (12$)0.8 ($8)$11
Nr <= 25499.6%1.05 ($10.50)0.95 ($9.50)$10.49609375

Your best bet in the MasterFlip is Master Number <= 192. If the dividend is calculated at $10 and you play the MasterFlip with >= 192 on average you win $11 dividend in the long run. Do not gamble on the 1.5 multiplier. You win $15 only 1 out of 4 and $5 every other 3 times. In the long run you loose $2.5 each raffle!

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TrueFlip dividend calculator

TFL dividend payouts are calculated by this formula: (Token Holders Fund / Total TFL Supply) * 100 * multiplier = dividend per 100 TFL.
You can calculate what you would earn with your TFL and also how large the fund must be to get a certain amount of profit sharing by entering the numbers below and press "Calculate".

Token Holders Fund Size:BTC
Amount TFL you ownTFL
Aimed quarterly dividend BTC
Master Flip Bet:
Prefered fiat currency

TrueFlip Performance current dividend periode

Current Token Holder Fund: -0.4658 BTC ($-4,530.77)



Base dividend would be (Fundsize / Total nr Tokens) * 100 = -0.00000522 BTC per 100 TFL (one MasterFlip ticket)
BetWinning changeWin MultipleirLoose MultiplierExpected Value
Nr ≤ 6425%1.5 (-0.00000783 BTC)0.5 (-0.00000261 BTC)-0.000003914432 BTC
Nr ≤ 12850%1.3(-0.00000679 BTC)0.7 (-0.00000365 BTC)-0.000005219242 BTC
Nr ≤ 19275%1.2 (-0.00000626 BTC)0.8 (-0.00000418 BTC)-0.000005741167 BTC
Nr ≤ 25499.6%1.05 (-0.00000548 BTC)0.95 (-0.00000496 BTC)-0.000005478166 BTC

Average TrueFlip dividend with -0.47 BTC fund size with bet number ≤ 192
1 ticket25 tickets100 tickets50 tickets
-0.05076687USD-1.26917163USD-5.07668651USD-2.53834325USD
-0.04522333EUR-1.13058316EUR-4.52233265EUR-2.26116632EUR
-0.00024033ETH-0.00600820ETH-0.02403278ETH-0.01201639ETH
-0.00000522BTC-0.00013048BTC-0.00052192BTC-0.00026096BTC
-0.21181128TFL-5.29528211TFL-21.18112843TFL-10.59056422TFL

To get a 0.1 BTC quarterly dividend you need -1,915,987 TFL tokens with current Token Holder Fund.
With 5000 TFL tokens the fund needs to be 162.27 BTC to get a 0.1 BTC quarterly dividend.
 
TrueFlip all time progress
Lifetime TrueFlip Performance (6 dividend periods).
Total Average 
Dividend$722,415.57$120,402.59
Dividend Per Token$0.08094594$0.01349099
Dividend per Token in BTC 0.00000751 0.00000125
USD Value now if you kept the BTC$0.07307246$0.01217874

TrueFlip Dividend
TrueFlip Yields
Dividend yields are the ratio between annual payment(s) and price.

Indicated Annual Yield last dividend ($0.000000 per TFL)
The indicated annual yield is the ratio between annual dividend and token price.
((last div * annual payments) / price) x 100%
Indicated yield with dividend day price ($0.19):0.000000%
Indicated yield with current price ($0.24): 0.000000%
Indicated yield with ico price ($1.32): 0.000000%
 
Average Annual Yield ($0.002664 per TFL)
The average annual yield is the ratio between the dividend average of last 12 months and token price.
((avg dividend * annual payments) / token price) x 100%
Average yield with dividend day price ($0.19): 5.481015%
Average yield with current price ($0.24): 4.445953%
Average yield with ico price ($1.32): 0.809446%
 
Average Yield overall ($0.013491 per TFL)
The average yield is the ratio between the all time dividend average and token price.
((avg dividend * annual payments) / token price) x 100%
Average yield with dividend day price ($0.19): 27.756755%
Average yield with current price ($0.24): 22.515032%
Average yield with ico price ($1.32): 4.099165%

What does a 0% yield mean? Simple you need 100 / 0 = INF years and NAN months with the same dividend to earn your investement back if you buy the tokens now with current price. The higher the yield the faster you earn back your investement.
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TFL Performance vs BTC, ETH, XRP, LTC, DASH and NEO

Would you have done better investing in the big crypto coins instead of buying TrueFlip?
Table below gives an overview if you had the choice to invest $1000 at the ICO ending or any given day.

Crypto Open price Nr coins for $1000 Current price Current $ value percentage%
BTC$4,089.01000.2446$9,726.8649$2,378.7824137.88%
DASH$290.46003.4428$104.2621$358.9551-64.10%
ETH$315.27003.1719$211.2401$670.0291-33.00%
LTC$46.710021.4087$89.7688$1,921.832092.18%
NEO$35.830027.9096$10.8782$303.6070-69.64%
XRP$0.24104,149.6014$0.3150$1,307.126330.71%
TrueFlip market opening$1.3100763.3588$0.2397$244.7524*-75.52%
TrueFlip ICO price$1.3165759.6115$0.2397$243.5509*-75.64%
TrueFlip ICO NaV$0.0000inf$0.2397$inf*inf%
* Dividend included (Value TFL + total dividend)
If you want to compare TrueFlip prices form a specific date, just select one and click the 'Performance' button
   

My view on TrueFlip

2019-04-19 The games looks nice… As far as I can take a look. I live in the wrong country to be able to play. Not that I care, but can’t see the games itself.
From a dividend perspective thing does not look good. Most dividend from the Token Holder Fund Pool was derived from the leftovers from previous quarters. There is hardly any real profit at and al it had never past the 2 BTC a quarter.

But there is still progress. New games are still developed and according to the last report “Since January, we seriously updated Trueflip.io, adding a new game (which shows a fine retention rate), launching a long-awaited bonus system, with new packs coming up, and, of course, enabling fiat top-ups with cards and Neteller. Skrill and PaySafeCard are in the pipeline”

From the same report the most important upgrade could be “So, what about next quarter? In April, we start another page in the story of True Flip, launching a playground with 500+ game titles from top-20 providers. We believe, with its adorable concept and coolest features planned, Trueflip.io will soon challenge top regulated casinos. Also, we will add new promo tools and a partner program with an appealing 40% return to web masters.”

So long term it is hard to say at the moment. Getting a foothold in casino land is a hard one with already many established online casinos in the fiat world. I don’t’ expect the results to be worse than it is now but still very hard to say if TrueFlip will survive.

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Upcoming TrueFlip Payment

Tuesday July 30th 2019

You need to park your tokens on the Trueflip website. Per 100 TFL tokens you will receive 1 Master Flip coupon. Add the tickets, choose the bet, and wait for the results.

Last 10 TrueFlip Payments
DateDividendIndicated Yield
Div DayPrice
2019-04-15$0.00000000.00%0.00%
2019-01-31$0.00090181.80%1.51%
2018-10-31$0.00287192.98%4.79%
2018-07-16$0.00688234.24%11.49%
2018-04-10$0.01229315.95%20.52%
2017-12-31$0.05799689.51%96.79%

See all payments
TrueFlip ICO and token details

Websitetrueflip.io
WhitepaperWhitepaper
Ico started2017-06-28
Ico ended2017-07-29
Ico Price0.0005 BTC with a lowest BTC price of $1843 (Jul 16th) and a highest price of $2900 (Jul 20th)
Ico Price$1.31646238
Ico BTC0.00050000 BTC
Ico ETH0.00679600 ETH
Total Raised
2,014.73000000 BTC
10,065.33994290 ETH
632.26200000 LTC
129.89000000 DASH
Total value $8,244,292 USD
Total supply8,924,667.000000
Circulating supply6,247,267.000000
Payout currencyBTC
BlockchainEthereum
TokentypeERC-20
TickerTFL
Decimals8
Contractaddress
0xa7f976c360ebbed4465c2855684d1aae5271efa9

TFL related links

Medium@trueflip
FacebookTrueFlip.io
TelegramNews Channel
TelegramChat Channel
TwitterTrueFlipLoto
YouTubeTrue Flip
Steemit@trueflip

Rating: 4.1/5 (173 stemmen)

TFL market value
Last traded TFL price:$0.23967970
In ETH: 0.00113463 ETH
In BTC: 0.00002464 BTC
1 ETH: 881.34321538 TFL
1 BTC: 40,582.76468996 TFL

Source CoinMarketCap.com trueflip
TrueFlip Exchanges

ForkDeltaTFL-ETH
EtherDeltaTFL-ETH
KuCoinTFL-BTC
KuCoinTFL-ETH

Donations


Any beer / donation is appreciated, thx!
BTC:
3Hc6PFL6yctFG15HQ5EekBNykkgzyoRabr

ETH or any ERC-20 tokens:
0x3279fd991AA42a1759bef80b1C3202EE985668d3

If you want to donate any other coin. Contact me. I'm sure I have a wallet somewhere.
TrueFlip on Twitter
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