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Scorpion Casino Provides Passive Income Through Platform Adoption With Value Increases From Deflation – Here’s How

NewsBTC
NewsBTC
1 year ago
4 mins read

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Investors are rushing to the Scorpion Casino presale as they’re intrigued by the combination of passive income and deflationary tokenomics.

The project can provide stakers with up to $10,000 USDT in daily passive staking income as the platform gains more adoption through casino revenues.

In addition, the deflationary mechanism is set to make $SCORP more scarce over time, helping provide a value boost.

The combination of passive income and deflationary mechanisms has experts believing that $SCORP is the next 20x token on the market.

Investors Rush to Passive Income Potential

Investors are scrambling to get involved in the $SCORP presale as they believe its passive income potential is the road to long-term sustained rewards.

The presale has raised a total of $660,000 in a few weeks as investors hurry to get positioned at the lowest possible prices.

The entire idea behind the project is to build the number one social online gambling platform where gamers can experience high-quality games and investors can earn a passive income.

In addition, Scorpion Casino integrates an intuitive deflationary mechanism into its ecosystem, which experts believe will provide a huge value surge over time as $SCORP becomes more scarce.

In a nutshell, $SCORP allows investors to become casino owners, helping them to avoid the $2 million costly start-up fee and the 6-month-long procedure of obtaining an online casino license.

Instead, investors can simply purchase $SCORP and instantly earn a passive income through profits generated at the casino.

Fully-Fledged Casino, Completely Licensed and Regulated

The best part about investing in the Scorpion Casino presale is you can see exactly what you’re investing in as the team has released a fully-featured beta version, which has received rave reviews.

The casino is highly polished and can rival top-tier competitors online as it is connected to all the major gaming providers, such as Evolution, NetEnt, and AMATIC.

As a result, Scorpion Casino features everybody’s favorite games, including blackjack, roulette, poker, and a wide variety of slots.

In total, the casino hosts over 210 games, with an additional 160 live games to choose from.

Furthermore, Scorpion Casino also offers its own sportsbook, allowing sports fans to bet on the outcome of their favorite sports matches.

The sportsbook can offer over 30,000 betting options through its partnership with BetRadar in sports such as football, basketball, tennis, horse racing, boxing, and MMA.

If that wasn’t enough, Scorpion Casino is already fully licensed and regulated in Curacao’s jurisdiction, obtaining its credentials from the iGaming licensing entity.

As a result, the Scorpion Casino platform is provably fair and completely transparent, making it an ideal venue for crypto-based gamers.

Taking things further, the platform is 100% secure after being audited by SolidProof, and the team is KYC’d through Assure Defi.

How Does Scorpion Casino Provide a Passive Income?

So, how does Scorpion Casino provide users with a passive income?

One method is through platform revenues generated on the casino. The team will use up to 20% of the daily revenue to buy back $SCORP tokens from the open market – providing it with sustained demand.

Once purchased, the team will then distribute half of the $SCORP to all stakers on the network – providing them with a passive income.

The other half is then sent to a burn address, making $SCORP deflationary.

In addition, the second method of passive income is through transaction taxes.

Every time $SCORP is sold on the market, 1% of the sale tax is used to burn, while 2% is used for redistribution to all $SCORP holders.

As a result, $SCORP holders will see their token balances increasing daily while the total token supply shrinks through these two methods.

Is $SCORP the Next 20x Tokens on the Market?

The combination of the passive income with the deflationary mechanism has analysts believing that $SCORP can provide a quick 20x return to investors.

The constant buybacks provide demand for the $SCORP token, while the deflation causes the supply to shrink. According to Economics 101, a falling supply met with a rising demand causes the asset to explode in price – which is what $SCORP has created.

In fact, some analysts believe that this tokenomics structure can provide token holders with up to 100x returns;

https://youtube.com/watch?v=2XexwEcmxfI

 

The presale is currently in the sixth stage, selling the token for a price of $0.016.

It’s best to get positioned as early as possible as the presale uses a rising pricing strategy, meaning the cost of the token will increase during subsequent presale stages.

For example, in the seventh stage, the token’s price will rise to $0.017, and it will continue to rise until it hits the token launch price of $0.05.

As a result, early buyers will leave the presale with a higher level of unrealized returns.

Furthermore, you’re automatically enrolled into the Elite Scorpion Members Club if you purchase more than $1,000 SCORP in the presale. This provides VIP Services, cashback on the Casino, and extra staking rewards.

Lastly, investors quoting the exclusive bonus code Scorpion20 can get an extra 20% SCORP on their investment for a limited time.

Follow Scorpion Casino on Twitter and join the project’s Telegram channel.

Buy SCORP Today

 

 

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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