Scorpion Casino impresses investors after announcing that revenue-sharing crypto-based casino has already paid over $100k to all $SCORP holders.
The presale recently crossed the $2.3 million milestone as investors rush to get positioned in the revenue-sharing model that integrates deflation into the ecosystem,
Furthermore, the announcement of the high-profile crypto incubator partnership with Tenset has investors believing 50x returns are easily achievable following the presale.
Scorpion Casino Impresses Investors After $100K Payout in Revenue Sharing Model
Revenue-sharing platform Scorpion Casino recently announced it’s paid $100K in payouts to $SCORP holders, causing a surge of additional investment that pushed the fundraising beyond $2.3 million.
Scorpion Casino aims to build the number one social crypto-based gaming platform where all $SCORP holders can take a share of the revenues generated on the platform.
Essentially, buying $SCORP enables holders to become casino owners without having to find gamers and get licensed.
Best of all, the passive income earned on the platform increases as the casino grows in adoption, allowing $SCORP holders to earn up to $10,000 USDT in daily income.
How Does Its Revenue Sharing Product Work?
The revenue-sharing model from Scorpion Casino is intuitive as it integrates a deflationary mechanism into the ecosystem, making the $SCORP token more scarce over time.
The team will use a share of the daily revenue generated to buy $SCORP tokens from the open market.
Buying $SCORP provides demand for the market, helping to stabilize fluctuations in price.
Then, the team will distribute half of the $SCORP purchased in buybacks to $SCORP holders on the network, providing them a daily passive income.
The other half is sent to a burner wallet to be removed from circulation, creating deflation in the ecosystem.
Together, the rising demand from buybacks with a falling supply through deflation has investors believing that long-term 50x returns are available for early adopters – alongside the passive income earned along the way.
Aren’t There Too Many Crypto-Based Casinos?
With so many crypto-based casinos on the market, Scorpion Casino stands out with its intuitive deflationary mechanism.
In addition, the platform is elite level as it’s connected to the major gaming providers that the casino heavyweights use, such as Evolution and AMATIC.
As a result, Scorpion Casino can provide over 200 highly polished games that include popular themes like blackjack, poker, roulette, and slots.
There are also an additional 160 live games to enjoy.
Furthermore, Scorpion Casino also has its own sportsbook, providing 30,000 betting options for sports fans to bet on the outcome of sports matches.
However, what sets Scorpion Casino apart from the competition is the fact that it’s fully licensed.
The platform obtained its licensing credentials from the Curacao iGaming licensing entity, making it fair.
The licensing also means that investors won’t have to worry about regulatory pressure as it grows in adoption.
Finally, Scorpion Casino’s recent partnership with Tenset puts the platform in a different league from its competitors.
Tenset is a significant crypto incubator that’s helped previous presale projects surge from 50x to 100x following their fundraising.
For example, Tenset was the mastermind behind Meta Hero, which surged to become one of the top 250-ranked projects following its presale.
Investors believe the major incubator partnership can help $SCORP achieve equally impressive returns.
Get Positioned Today Before It’s Too Late
$SCORP is the native utility token on the platform and will be used to fuel the ecosystem.
Gamers can use $SCORP as a betting currency, and it will also be the default payment currency.
The speedy climb to the $2.3 million milestone demonstrates the building confidence behind the project.
Users can currently purchase $SCORP in the presale for $0.024.
With a listing price set at $0.05, this provides substantial returns to early adopters getting positioned at this stage.
However, it’s important to mention that the presale’s rising pricing strategy means that the cost of the token increases during the subsequent stages.
Therefore, those getting positioned earlier benefit from the lower entry price.
Those investing more than $1,000 in $SCORP get to join the Elite Members Club, which provides cashback on the casino, VIP services, and a higher APY when staking.
There’s also a 20% bonus for those quoting Scorpion20 during their purchase.