The fact that blockchain has changed the way we do things is true. Its advantages meant that startups, established businesses and not surprising, governments are finding ways to leverage the tech to streamline operations, cost cuts and improve efficiencies. 

Blockchain functions on the auspice of decentralization, transparency and security. 

Therefore, it is no wonder that several multibillion-dollar industries have not been spared from its disruption. While change is inevitable and part of the evolution, it was pure bliss for platforms like Fairspin. Fairspin.io is a blockchain casino licensed in Curaçao.

Evidently, blockchain’s potential can revive and drastically boost the online gaming industry. However, while benefits may be humongous, the traditional approach of implementing blockchain games may delay rewards because of two main reasons. 

Although a blockchain may be efficient, secure, and transparent, applications launched from these platforms lag in user experience and performance. Moreover, blockchain games are few and though they attract enthusiasts, they struggle to attract the audience and as such, daily user activity can’t be compared to traditional games.

Fairspin’s Approach

Nonetheless, Fairspin took a multi-prong approach, merging the best from both worlds, and ensuring that each spin is secure and transparent. 

In their part of being a go-to online casino, it combines the transparency of blockchain data with classic games from traditional providers as NetEnt, Microgaming, and others via powerful, complex tools developed by TruePlay. 

TruePlay is a blockchain platform that allows it to transparency record gaming data while concurrently bringing the best experience for users by incorporating traditional games from the world’s leading gaming providers.

How to Monitor TPLAY Transactions on Etherscan

Transactions in Fairspin are conducted through TPLAY tokens and all game events are recorded in an Ethereum smart contract. TPLAY is an ERC-20 utility token whose transactions can be tracked on Etherscan, the Ethereum blockchain explorer. 

Because of the transparent blockchain, gamers can at any time check their payouts as well as deposits. 

Etherscan is like a read-only, third-party, a portal where you can monitor your TPLAY transactions.

There are two ways of checking TPLAY transactions through Etherscan:

• Using sender/receiver TPLAY public address
• Using the transaction hash

Here is how you do it either way:

1. Go the Ethereum explorer, create an account with Etherscan and login
2. Hover your mouse around the “Token” bar and from the drop-down menu, click “ERC-20 Top Tokens”
3. Search for “TPLAY”, or public address, or Transaction hash of the provided TPLAY token, on find bar on the top right-hand side of the browser.
4. Press the search button and the details of your query will be immediately displayed.

Simply searching for “TPLAY” from the Search bar reveals the following information about the ERC-20 token:

Figure 1: TPLAY Token Overview

• The total supply is 100 million
• There are 2,794 unique public addresses
• 16,291 transfers have been made
• TPlay’s official smart contract is 0x7c6e28b33fa22291f5e5fafc48555b922173ee8b
• TPlay tokens are in 2 decimal places

You can check all transfers under the “Transfers” tab just below the “Overview” tab:

Figure 2: TPLAY Token Transfers

Under the “Holders” tab, 94% of all tokens are held under this address-🡪0xdd87ae15f4be97e2739c9069ddef674f907d27a8

Figure 3: TPLAY Token Distribution

There are 13,819 transactions related to the address. It holds 94 million TPlay tokens.

Statistics further reveal that the total amount of TPlay tokens held in this account sharply fell from 99.7 million to 95.9 million from March 11 to 13, 2019.

Figure 4: TPLAY token transfers

Generally, activity in the last few days has been steady. For example, on Jan 16, 54.6k TPlay tokens were transferred from 89 unique addresses. 42 unique receiving addresses were identified. You can find this information under the Analytics tab:

Figure 5: TPLAY Activity on Jan 16, 2020

Let’s say you have a specific public address, in this case, say this: 0x2fd54014bbeec6e7f3cd1470454b6af91885dac3

This is how you’ll search and monitor transactions related to this TPlay public address:

1. Under search on the top right of the browser, paste the above address and press search.
2. Details will be shown as below: 

The account overview reveals ETH amount — 0.001 ETH or roughly $0.17. 

Figure 6: Account Overview

If you hover your mouse over the on the drop-down under “token”, the total amount of ERC-20 tokens held by this account will be revealed. Etherscan reveals that this wallet has 15k TPlay tokens.

Under the ERC-20 TXN button, the history of this wallet’s transactions will be shown as below:

Figure 7: Transaction History

From the “Analytics” tab, you’ll also find additional information as ETH balance, transactions and token transfers:

Figure 8: Wallet Transaction Analytics

Clearly, more data can be drawn from Etherscan thereby highlighting its level of transparency and the Fairspin’s effort of ensuring that players’ benefits from both worlds.