$SCORP has raised over $800,000 in its presale as investors rush to get positioned in the passive income-earning opportunities it provides.
Experts believe that exponential growth beyond 20x returns is possible due to its unique characteristics of balancing a rising demand with a falling supply.
The project is one of the first crypto-based casinos to share a portion of its revenue with all $SCORP holders, providing a passive income uncorrelated to the Bitcoin price movements.
The presale is quickly gathering momentum and is soon to be sold out. Here’s why you should already be paying attention.
What you'll learn 👉
Is Scorpion Casino Crypto’s Best Casino?
Scorpion Casino is likely crypto’s best casino in the industry today.
The platform is highly polished and can rival most top-tier online casino heavyweights.
The project is on a mission to build the number one social online gambling platform where users can earn a daily yield based on the casino’s performance.
As the casino gains more adoption, the passive income earned by $SCORP holders increases proportionally.
The casino provides everything you would expect from a professional-grade casino, such as blackjack, poker, roulette, and slots.
The games are of the highest quality as Scorpion Casino is partnered with the same gaming providers used by online casino giants, such as Evolution, NetEnt, and AMATAIC.
As a result, Scorpion Casino can provide over 200 games, with an additional 160 live games to choose from.
The team’s already released a fully-featured beta version of the casino, so you can look at what you’re investing in before taking the risk.
Furthermore, Scorpion Casino has its own sportsbook, allowing sports fans to wager bets on the outcome of their favorite games.
Through a partnership with BetRadar, Scorpion Casino can provide over 30,000 betting options in sports like football, basketball, tennis, horse racing, and MMA.
The casino is also fully licensed, obtaining its credentials from the Curacao iGaming licensing entity – making the venue completely transparent and provably fair.
However, what sets Scorpion Casino apart from the competition is its revenue-sharing model, which provides a passive income to $SCORP holders – uncorrelated from the market swings.
$SCORP Balances Rising Demand and Falling Supply
Scorpion Casino has created an intuitive tokenomics structure that balances a rising demand with a falling supply.
According to Economics 101, any asset that sees a shrinking supply alongside a rising demand will see a value surge. This is precisely what Scorpion Casino has engineered.
The project provides a passive income to holders through mechanisms;
- Casino revenues
- Transaction taxes
The first method involves the team spending up to 20% of the daily revenue generated on the casino to buy back $SCORP tokens from the open market.
This creates the rising demand portion of its groundbreaking tokenomics as the $SCORP market will have daily bullish pressure.
From the $SCORP purchased, half is distributed to all $SCORP stakers – providing them with a passive income uncorrelated to the Bitcoin price swings.
The other half is then sent to a burn address to be removed from circulation – providing the deflationary aspect to the ecosystem.
As a result, $SCORP holders will see their token balances increase daily while the overall circulating supply shrinks.
In addition, anytime $SCORP is sold on the open market, a tax is enforced. Of the tax, 2% is used to distribute back to $SCORP holders – increasing the passive income – and 1% is burnt – increasing the deflationary mechanism.
Combined, experts believe these mechanisms will create a huge supply shortage for $SCORP, resulting in an explosion in prices for early adopters.
This is why some analysts are suggesting a 100x return for presale buyers;
Buy Today Before Prices Surge Further
Scorpion Casino is now in the seventh stage of the presale, selling the token for a price of $0.017.
The presale uses a rising pricing strategy, meaning that the cost of $SCORP will increase to $0.018 in the next stage and will continue to increase until the fundraising is complete.
Therefore, those who invest earlier will leave the presale with higher levels of unrealized returns.
In addition, those purchasing more than $1,000 $SCORP in the presale are enrolled in the Elite Scorpion Members Club, which provides VIP perks such as cashback, extra staking rewards, and extra $SCORP tokens.
There’s also a 20% extra token bonus for those using the exclusive Scorpion20 bonus code when making their purchase.
Overall, Scorpion Casino has built a groundbreaking passive income ecosystem uncorrelated to bear markets – making it the perfect long-term investment in 2023.
CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com