Investors Believe SCORP is the Biggest Threat to the Stake.com Ecosystem, and it’s Still on Presale

One of the biggest threats to the Stake.com ecosystem has finally emerged, and the great news is that the token is still on presale, meaning you are early to the party. SCORP, the native token behind Scorpion Casino, is about to challenge one of the market leaders, and investors are quickly rushing to purchase the token as they believe it has room for growth after the presale.

SCORP sets itself apart from its competitor by providing a route to casino ownership through a redistribution mechanism that provides all holders a passive income. As a result, all holders of the token start to see their token balances increasing as they continue to hold SCORP.

What is Stake.com, and Why is SCORP a Threat?

Stake.com is a popular online crypto casino founded in 2017 that accepts all the top cryptocurrencies. The platform is owned by Medium Rare N.V., and the casino gained a solid reputation after being developed by Primedice – one of the most popular dice gambling websites.

While Stake.com has grown in popularity over the years, its users are starting to realize that casino owners are the only people really winning consistently. Of course, a few lucky gamblers walk away with the jackpot, but most users typically walk away without any winnings – like every casino in existence.

The problem with the casino and iGaming sector is that the only consistent winners are the house. Thomas Jefferson knew this as early as 1800 with his famous quote, “The only way to win money out of a casino is to own one.”

Unfortunately, most casinos don’t allow any form of shared ownership. Sure, some have tame affiliate systems to incentivize users to bring their friends, but the real ownership stakes are often reserved by the owners – who aren’t willing to give any of their winnings away.

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The good news is that Stake.com has new competition in Scorpion Casino, and this new competition is about to change the online gambling sector forever by allowing everybody to earn a yield on the platform based on the casino’s performance.

Scorpion Casino – Earn Up To $10,000 USDT as Casino Gains Traction

Scorpion Casino 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. The platform provides a fun and seamless casino experience as it’s connected to the major gaming providers, such as Evolution, NetEnt, and AMATIC. As a result, Scorpion Casino offers all of the popular casino games, with over 210 games and 160 additional live games.

The project is starting to gain some serious attention in its presale due to the fact that it can provide holders with a passive income that can increase as the platform gains more usage. The passive income is provided through the redistribution mechanism, that’s baked inside the smart contract on each sell transaction.

Each time a user sells the SCORP token, 2% of the transaction value is redistributed to the holders and stakers of SCORP. The more SCORP you own, the higher your redistribution. This mechanism is designed to increase the rewards with platform adoption, as users will be selling SCORP when they want to leave the casino with profits. Therefore, as it grows in popularity, so do the redistributions.

Furthermore, another reason why investors are rushing to the Scorpion Token presale is that the token is deflationary. A 1% burn tax is also enforced on every sell transaction, which is removed from the circulating supply. As a result, the supply of SCORP will fall over time – which should help to push its value higher.

Fully Licensed and Regulated With an Additional Sportsbook

Adding further to the reasons why investors are happy to take a risk with SCORP is the fact that the platform is fully regulated and licensed by the Curacao iGaming licensing entity, making the casino totally transparent for users and provably fair for gamers. Furthermore, the casino experience is of the highest quality because the team only works with reputable platforms such as BetRadar and CoinsPaid.

In addition, Scorpion Casino also offers a sportsbook, allowing users to wager bets on the outcome of their favorite sports matches. The sportsbook provides over 30,000 betting options for popular sports such as football, tennis, basketball, horse racing, golf, boxing, and MMA – with all major leagues integrated.

Presale Continues to Blaze: Invest Before Higher Prices

The presale for Scorpion Casino is officially underway and has already managed to raise $250,000 in a few short days. The presale is currently in the first stage, selling the token for a price of $0.01. However, the presale uses a rising pricing strategy, meaning the cost of the token will increase during each subsequent presale stage. It will continue to rise until the token is listed on exchanges at a price of $0.05. As a result, those investing in the earlier stages of the presale stand to benefit the most from the lower prices as they leave the fundraising with higher unrealized gains.

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Alan Draper
Editor

Alan is the Editor-in-Chief of Techopedia and is responsible for ensuring all the content is accurate, up to date, and relevant. Alan has previously worked in writing and editorial capacities for several leading websites, such as Business2Community and TechReport.