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New Chronicles made as Scorpion Casino launched its native token, SCORP, on major exchange platforms across the crypto industry on April 15th.
The Scorp token has made a strong debut on various exchanges. The token has collected significant attention from investors and gambling enthusiasts with a listing price of $0.05. Investors and gamblers are realizing its high potential. As the token gains adhesion and more users start discovering the benefits of the Scorpion casino ecosystem, the demand for $SCORP is expected to soar.
Since 2017, the crypto casino industry has soared up in value ,now reaching $250 Million. But that’s just a tiny bit of the casino market which holds a value of $263.3 Billion.This market keeps growing by 8% every year, meaning it gets bigger every time with more millions and billions rolling in.
People are opting for Crypto Casinos as they are easy to use and maintain anonymity of the user. Scorpion Casino has paved its way by establishing the most extensive community reward system. It gives more cashbacks to its community than most casinos.
Scorpion Casino has an innovative community incentive program, in which community members are offered daily staking rewards based on the casino’s performance coupled with the $SCORP token. The burn – and -buy back mechanism attracts thousands of players to engage daily on the platform.
Scorpion Casino ($SCORP) continues to take hold of the crypto world as its presale closed on the $1.5 Million milestone. With over 30,000 monthly betting opportunities ,210 casino games, and 160 live games, there is no shortage of options of gaming.
Why Did Scorpion Casino Hold A Pre-sale ?
Scorpion Casino hosted a pre-sale to build a strong community of $SCORP holders , improve platform ,raise funds and attract new players. The funds raised during the pre-sales are reinvested in casino and betting platforms. The funds would be used for introducing new features and expanding their user base through marketing.
The $SCORP token will be listed on both centralized and decentralized exchange, ensuring further growth of the SCORPION ecosystem.
What Is The $SCORP Token ?
The $SCORP token is a deflationary gem that ignites with every transaction and casino profit. As users play and engage themselves, the supply of $SCORP falls short, potentially driving its value to new heights.
The $SCORP token is a all-in-one solution for online gambling enthusiasts.It comes with large range of benefits and use cases:
- Play with $SCORP on Scorpion Casino.
- Earn passive income for holding the token.
- Receive weekly bonuses and free games.
- Participate in affiliate reward systems.
And many more exciting features await in the Scorpion Ecosystem.
Scorpion Casino takes special care to ensure safety and security of the $SCORP token and its holders. It is in partnership with Solidproof, a leading blockchain security company for completing their security audits.
The Scorpion Casino team has been verified by Assure DeFi , the KYC Gold Standard, to meet the highest Web3 standards.
Benefits Of Buying $SCORP During The Pre-sale :
- During the pre-sale, you can buy $SCORP at the lowest price before it launches on centralized and decentralized exchanges.
- Receive up to 40% free credits to play on Scorpion.casino without any conditions or obligations attached.
- Participate in their giveaway worth 250k and go all-out to win big.
- Get daily passive staking income automatically added to your wallet even during the pre-sale period.
Like Bitstarz and 7bitCasino , Scorpion Casino has begun redefining online gambling experiences for users worldwide. Bitstarz, established in 2014 emerged as a pioneer in accepting cryptocurrencies and fiat currencies , giving users a flexibility in gaming transactions . The platform is known for its strong customer support and easy withdrawal ,which in turn increased its reputation in users worldwide.
On the other side, 7bit also launched in 2014 catered to the cryptocurrency market and emphasized a retro ,neon-infused interface offering daily bonuses and weekend reloads.
Through their user-focused approaches the three of them thrived and also attracted a global audience in the online gambling industry.
In the crypto industry ,passive income opportunities are the most longed for. The foundation of Scorpion’s passive income model is the principal of revenue sharing.
$SCORP token holders become entitled to a share of the platform’s daily profits. On the basis of stake, the casino distributes a portion of its revenue to token holders as it generates revenue from its other gaming activities.
Thus creating a symbiotic relationship between the platform and its investors. Here, the success of Scorpion Casino directly benefits those who entrusted this project. The $SCORP token of the Scorpion ecosystem facilitates the revenue sharing mechanism.
One of the most conspicuous facet of Scorpio Casino’s passive income model is its daily reward potential. Token holders can earn upto $10,000 in rewards . This phenomenal feature of the Scorpion Casino shows their robust money generating ability.
Scorpion Casino’s are backed by strong ethics and a proven track record of success. The project is already appealing to the people raising over $9.6 Million from 18,000 participants.This tangible support clearly shows the markets’ confidence in Scorpion Casino’s abilities.
Simple Working Of Scorpion Casino Ecosystem
Inquisitive of how Scorpion Casino Ecosystem works. Here’s a simplified explanation below showing buy-back, burn and reward systems.
Scorpion Casino uses a smart contract for purchasing $SCORP tokens from public exchanges on a daily basis. These purchases are financed through a portion of the Casino betting revenue. During this process, the price of $SCORP automatically goes up.
The smart contracts burns half of the purchased $SCORP tokens each day. This process reduces the circulating $SCORP supply making remaining tokens more valuable.
The other half of the tokens that comes from the buyback process is automatically transferred to the Scorpion staking pool. This pool rewards the token holders based on the number of tokens they hold which generates daily profits for them.
Investors have a slim chance of securing their stake in this groundbreaking project as pre-sale arrives. In conclusion, investors can enjoy a wide range of exclusive benefits, including access to lowest token prices, casino credits and daily rewards. Scorpion’s passive earning model is a game-changer in crypto investments.
Crypto investors who missed out on its pre-sale can still purchase the token on various exchanges. $SCORP has the potential of becoming 10x in the crypto industry.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
