The Scorpion Casino ($SCORP) presale is now in its final stages, presenting the last opportunity to get positioned early before the token launches at higher prices.
Investors are keen to become early adopters of this newly emerging project as it provides consistent passive income uncorrelated with market movements.
Here’s everything you need to know about it.
Investors continue to pile into the Scorpion Casino presale as they hunt for passive income returns, pushing the fundraising beyond the $1.75 million milestone.
Scorpion Casino has created a unique revenue-sharing model that shares a slice of its revenues with all $SCORP holders on the network, providing them with a passive income.
In addition, investors are particularly keen to see the long-term prospects of the coin due to its deflationary mechanics, which will see the overall supply constantly being reduced as the platform gains adoption.
The project is on a mission to create the leading online casino where $SCORP holders are turned into casino owners, sharing the revenues.
As the casino grows in popularity, the yield generated for $SCORP holders will proportionally grow, providing them up to $10,000 USDT in daily passive income.
One of the primary driving forces behind the surge in the presale’s late stages is the recently announced partnership with Tenset.
Tenset is a significant incubator program that has helped previous presale projects reach astonishing heights.
For example, Tenset was the team that pushed Meta Hero into the top 250 ranked projects.
As a result, the $HERO token managed to explode by over 100x, and investors believe it can do the same thing for $SCORP.
The casino product for Scorpion Casino is already been produced, showcasing an impressive, highly polished platform.
The games on the casino can easily rival giants in the industry, especially considering they use the same gaming providers like Evolution and AMATIC.
As a result, Scorpion Casino offers 200 games, including all the popular games like blackjack, roulette, and poker.
It also has 160 live games to choose from.
The platform is also fully licensed and regulated, obtaining its credentials from the Curacao iGaming licensing entity. This makes the platform a fair venue for gamblers and means investors won’t have to worry about incoming regulatory pressure once it hits mainstream adoptions.
The passive income on the platform is provided through revenues generated on the casino.
The revenue-sharing model is both intuitive and sustainable, designed to create long-term passive income and sustained value growth through deflation.
The team will use a slice of the daily revenue to buy back $SCORP tokens from the open market – providing it with a source of daily demand.
Then, half of the $SCORP purchased will be distributed to $SCORP stakers on the network to provide passive income.
The other half brings about deflation as the $SCORP is sent to a burner wallet to be removed from supply.
The combination of rising demand with a falling supply is one of the reasons investors are expecting 100x returns for the token over the long term;
The presale is now in the final stages, selling the token for a price of just $0.022.
This is still considerably lower than the intended listing price, which is set at $0.05. Therefore, those investing in this late presale stage will still have a considerable unrealized return.
Nevertheless, investors are keen to see long-term growth as many expect 100x gains from the utility token.
$SCORP will be integral to the ecosystem and will be the default betting token on the platform. Furthermore, it will be the default payment token – providing it with sustained utility.
In addition, purchasing more than $1,000 $SCORP in the presale automatically enrolls you into the Elite Scorpion Members Club, which provides perks like VIP Services, cashback on the Casino, and extra staking rewards.
Finally, investors can quote the exclusive bonus code “Scorpion20” to get an extra 20% SCORP on their investment for a limited time.
Overall, with its unique tokenomic model, its revenue-sharing feature, and its partnership with Tenset – $SCORP is setting the stage for explosive growth once it launches on leading exchanges in the coming weeks.
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