Scorpion Casino Balances Rising Demand With Falling Supply for 50x Potential
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is one of Web3’s most intuitive projects in Q3 2023 as it cleverly balances a rising demand for its token with a falling supply to provide 50x potential.
If you know anything about economics, you understand that any asset with a falling supply will experience a surge in value if it’s met with a rising demand – which is exactly what Scorpion Casino has created.
In addition, the project provides a passive income to all holders through a platform revenue-sharing model.
Keep reading to find out how this is all crafted.
Traders Rush to Scorpion Casino Presale for Passive Income Potential
Traders are quickly rushing to the Scorpion Casino presale as they hunt for projects that can provide a passive income.
Scorpion Casino provides a passive income to all $SCORP holders from the revenues generated on its platform.
As a result, the presale for the project has managed to surge past the $760,000 fundraising milestone in just a few weeks.
Investors are intrigued by the unique tokenomics structure behind the platform and are impressed by the fully-featured beta version that’s already been released.
Scorpion Casino is on a mission to create the world’s leading crypto-based online casino, where holders of its token can earn a daily yield based on the casino’s performance.
As the platform gains more adoption, $SCORP holders can earn up to $10,000 in daily passive staking.
$SCORP Cleverly Balances a Rising Demand with a Falling Supply
The $SCORP token cleverly balances a rising demand with a falling supply through its passive income and deflationary mechanisms.
The passive income side provides demand for the market through buybacks, and the deflationary aspect creates a falling supply.
Together, these mechanisms have analysts expecting up to 50x potential for the $SCORP token over time as it becomes more scarce. Some analysts are expecting even higher returns than this;
The passive income is provided through two mechanisms.
The first is through platform revenues generated on the casino. The team will use up to 20% of the daily profits generated to buy back $SCORP tokens from the open market.
This is what ensures the market has a sustained demand over time.
Of the $SCORP purchased, half is distributed to $SCORP stakers, and half is sent to a burn address – reducing the supply to provide deflation.
The second method of passive income is through sales taxes. Every time $SCORP is sold, 1% is burnt, and 2% is distributed to $SCORP holders.
As a result, $SCORP holders will see their token balance increasing daily while witnessing the total supply of the token shrinking – which should provide consistent long-term gains.
Fully Licensed Casino Already Live on Beta
Investors are also happy with taking the risk on Scorpion Casino after learning that it’s fully licensed and already has a beta version to test.
The casino obtained its credentials from the Curacao iGaming licensing entity, making it provably fair and completely transparent. Therefore, investors won’t have to worry about regulators coming for the casino later down the road.
The casino is also fully featured with everybody’s favorite games as it’s connected to major gaming providers like NetEnt, AMATIC, and Evolution.
As a result, the games are highly polished and include the likes of blackjack, poker, roulette, and slots.
In total, there are 210 games with 160 live games to choose from.
In addition, Scorpion Casino is also home to a sportsbook, allowing sports fans to wager bets on the outcome of their favorite sports games.
The platform offers up to 30,000 betting options through its partnership with BetRadar.
All the major leagues are integrated for sports like soccer, basketball, football, horse racing, boxing, and tennis.
Buy $SCORP Today Before Prices Surge.
Overall, Scorpion Casino is breaking down barriers to the casino industry, turning all investors into casino owners that can earn a passive income.
The presale is currently in the seventh stage of its presale, selling the token for a price of $0.017.
However, it’s important to mention that it uses a rising pricing strategy, meaning that the cost of $SCORP rises during subsequent presale stages.
For example, when the fundraising crosses the $1,000,000 milestone, the cost of the token will increase to $0.018.
The price will continue to increase until being listed on major tier-1 exchanges at a price of $0.05.
Being the native token behind the platform, $SCORP has a plethora of utilities, including being the exclusive payment option and the default betting currency in the Scorpion ecosystem.
The contract is fully verified for security by SolidProof, and the team is verified through Assure Defi.
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.
