Revealing Scorpion Casino's Passive Income Formula: How $450k in Presale Funding as Hard Cap Nears
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The presale recently crossed the $450,000 milestone, edging the fundraising closer to its $500,000 hard cap goal.
Investors are rushing to the project to become early adopters in what they believe to be the next powerhouse in passive income opportunities generated through revenues earned on the casino platform.
In addition, the combination of deflationary token mechanics put the future prospects of the SCORP token in a realm of its own, helping it to sustain long-term value growth through sustained demand and increasing scarcity.
Let’s dig into the Scorpion Casino passive income formula and highlight why it’s so attractive to the 900+ investors already participating.
Scorpion Casino Turns Holders Into Casino Owners: Fully Licensed and Regulated
The entire premise behind the Scorpion Casino platform is to develop an ecosystem providing a top-tier crypto-based casino platform that offers players a seamless and fun gaming experience while allowing all SCORP holders to earn from the profits generated.
The project aims to build the number one social online gambling platform where users can earn a daily yield based on the casino’s performance. As a result, SCORP holders can earn up to $10,000 USD in daily passive staking as the platform gains more adoption.
The best part about the casino is that it’s fully licensed and regulated, obtaining its credentials from the Curacao iGaming licensing entity. This makes the casino fully transparent and provably fair, creating an atmosphere where online gamblers can comfortably place large wagers, knowing they aren’t unfairly treated.
Furthermore, the project strives to provide all users with the best possible experience. Therefore, it only works with reputable platforms such as BetRadar, a leading supplier of sports betting data, and CoinsPaid, a top-tier payment gateway.
It’s also connected to major gaming providers, such as Evolution, NetENT, and AMATIC, to provide its users with the highest quality online casino experience. The platform contains everybody’s favorite games, including blackjack, slots, poker, and roulette.
Lastly, the casino has its own sportsbook, providing up to 30,000 betting options for all the major leagues in sports like football, basketball, tennis, horse racing, boxing, and MMA.
Two Primary Methods Provide Passive Income and Deflationary Tokenomics
So, how does Scorpion Casino provide a daily yield to its holders?
Well, two methods provide a passive income, which also integrates deflationary tokenomics. These are through platform profits and transaction volumes.
The primary passive income method is through profits generated through wagers placed at the casino. The team will reserve 20% of the daily profit earned to purchase SCORP from the open market – providing the market with sustained daily demand.
From the SCORP purchased, half is distributed to all SCORP stakers for daily passive income, and half is sent to a burn address, removing SCORP from the total supply.
According to the forces of supply and demand, this should help the value of SCORP to skyrocket over the long term. The deflation causes the supply of SCORP to drop, with the demand generated from daily buybacks causing the asset value to increase.
In addition to the revenue generated on the platform, SCORP also has a sales tax embedded into its smart contract. Every time users sell SCORP, they’re hit with a 10% tax.
From this tax, 2% is redistributed to all SCORP holders, and 1% is sent to a burn address – allowing SCORP balances to increase for holders and reducing the supply further.
The remainder of the tax is reserved for platform development and marketing, ensuring Scorpion Casino can continue to innovate in the crypto-based casino space.
Presale Quickly Approaching Hard Cap – Final Opportunity to Invest at Current Prices
With the presale crossing the $450,000 level, it’s quickly running into its hard cap limit of $500,000. Therefore, your opportunity to purchase SCORP at the current price quickly runs thin.
The token’s current price is $0.014, but this will likely change once the $500,000 milestone is reached.
Furthermore, with a listing price of $0.05 on tier-1 exchanges, this gives all project early adopters with impressive gains, even before the token gains traction within the market.
Overall, SCORP provides a unique opportunity to get positioned in a passive income ecosystem with mechanics for significant value as the platform gains adoption.
Lastly, if you use the bonus code Scorpion20 during your purchase, you can get an extra 20% SCORP on your investment – for a limited time only.
