Staking is a great way to grow your assets without putting in any effort. In other words, it is a great source of passive income. And if the underlying project has a thriving user base, staking rewards are much higher than interest from traditional platforms.
In this article, we’re introducing you to a new platform that has been grabbing a lot of attention for its daily staking rewards of up to $10,000 – Scorpion Casino. We will analyze the project, how it supports the staking system, and whether the rewards are sustainable. Let’s dive in.
Scorpion Casino is a Regulated Gaming Platform
The play-to-earn market is one of the busiest crypto sectors, accounting for a lion’s share of blockchain transactions. But most play-to-earn platforms tend to bite the dust before they take off, thanks to their poor gaming mechanics and unsustainable reward systems. If you have played crypto games, you must have noticed how bland they are. In the rush to launch tokens and NFTs, most crypto games lose focus on the gaming aspect and build a community dominated by investors rather than gamers.
That does the project more harm than good. A gaming token can’t sustain value without a gaming community. It’s as simple as that.
Scorpion Casino is a regulated platform that features a wide array of fun and gripping games dedicated to people the age of 18 and above. So, no, it’s not the typical pet and brick game that we have gotten used to in the crypto market. Scorpion Casino features a wide array of riveting sports betting, casino, live betting, and crash games.
- More than 30,000 betting opportunities monthly,
- 210 casino games,
- And 160 live games
Since the games target people who can afford to pay money to win money, the project can support and sustain a compelling staking system. Whether you have bought your SCORP tokens during the presale or after the token launch, you can earn staking rewards from the platform. It has a daily reward potential of up to 10000 USDT, which can vary depending on your SCORP holdings and staking period, in addition to the platform’s performance.
If Scorpion Casino has a steady influx of gamers, you will get juicy staking rewards in your wallet. A closer look at the gaming dashboard and games reveals that the platform will continue to expand to more gamers in the coming months.
Scorpion is Security-First
A key factor that stops traditional gamers from stepping into crypto gaming is security. The crypto market is flooded with negative narratives that stand in the way of its mainstream adoption. We can’t blame the media or audience either since many crypto platforms have broken the trust of users and investors.
As a result, it is important for crypto projects to go the extra mile when it comes to winning the trust and confidence of the market.
- The SCORPION platform is regulated and licensed by the Curacao EGaming licensing entity.
- The Scorpion Team has been successfully verified by Assure DeFi the KYC Gold Standard.
- Scorpion Casino has been fully audited by Solidproof and shown to be 100% secure.
Scorpion Casino sets an example in hosting a safe gaming environment in not just the crypto sector, but also the gambling. The integration of blockchain technology into the platform was also a step in this direction. Blockchain makes the gaming procedures – including the selection of winners and distribution of rewards – provably fair and transparent. It overhauls the gambling industry, which is known for manipulations often in favor of the houses.
Given that Scorpion’s ecosystem is underpinned by blockchain-powered smart contracts, there is no room for fraud.
Presale Stage 4 Surges Ahead with Unprecedented Momentum!
— Scorpion Casino (@ScorpionCasino) July 4, 2023
The Investment Outlook of SCORP
SCORP is the native cryptocurrency of the Scorpion Casino ecosystem that facilitates a wide range of payments and rewards. It fuels the ecosystem, in other words, and thus has large growth potential.
While the crypto market is known for its ridiculous volatility, the value of the $SCORP token will increase no matter what’s happening in the market. As long as the $SCORP selling volume is low and the casino is profitable, the token is an excellent long-term investment.
How is this made possible?
The team uses a share of the daily Scorpion Casino income to purchase $SCORP tokens from the open market.
- Half of these tokens are distributed to token holders as rewards through the staking pool as we discussed above.
- The other half is burned and permanently removed from circulation. The burning mechanism supports the $SCORP token growth and increases the ROI of early investors.
The best way into the Scorpion Casino ecosystem is the ongoing $SCORP presale, which has raised over $500,000.