Investors are quickly scrambling to get involved in the SCORP presale as early as possible after discovering the passive income it provides to holders as its platform gains more usage. SCORP is the native token behind Scorpion Casino, and holders of the token are entitled to a share of the platform revenue on a daily basis.
The presale for SCORP is officially underway and has raised almost $300,000 in just a few short days since going live. Besides providing a passive income, SCORP holders are also excited about the casino’s quality and the token’s deflationary nature – which could provide significant value as more tokens are burnt.
Keep reading to find out how SCORP is changing the definition of passive income and how it could benefit you.
Earn Up to $10,000 USDT Per Day As Platform Adoption Increases.
“The only way to win money out of a casino is to own one.”
The quote above was made in the 1800s by US President Thomas Jefferson, who understood that the House always wins in gambling. Scorpion Casino is the future eGambling platform that lets holders earn up to $10,000 USDT in daily passive staking income as they become part owners in the casino – effectively becoming the house themselves.
Scorpion Casino is on a mission to build the number one social online gambling platform where users can earn daily yield based on the casino’s performance. The platform intends to provide a seamless and fun gaming experience while allowing everybody to earn away from casino games.
There are a few methods where SCORP holders benefit from the entire Scorpion Casino:
- Through daily revenues
- Through passive redistribution
- Through deflationary mechanisms.
The primary passive income method is through staking on the platform, which provides stakers with additional income generated through casino profits. Every day, the team has stated that they will use a portion of the casino profits to buy back SCORP from the open market, providing buying pressure for the token pair. Half of the tokens that are bought will be distributed to the holders in the staking pool as a passive income, with the other half being burnt – creating a deflationary mechanism.
As a result, as the Casino starts to gain traction, the passive income rewards for stakers continue to increase.
Furthermore, the passive income is increased through the redistribution mechanism baked into the token smart contract. The token smart contract enacts a 10% tax on all sale transactions on the network. From this sale tax, 2% of it is redistributed to holders of SCORP. Therefore, holders will see their token balance increasing every time there is somebody selling SCORP to ETH.
Adding further to the burning mechanism, the sales tax also includes a 1% burn tax, which is removed from circulation – making the remaining SCORP more valuable.
Overall, these mechanisms are designed to provide a passive income for holders, which would eventually be as much as $10,000 USDT once the casino is fully operational with a large user base.
Provably Fair: Fully Licensed and Regulated
The best part about the casino is that it’s fully regulated and licensed by the Curacao EGaming licensing entity. As a result, the casino is fully transparent and compliant – making it a provably fair casino.
Scorpion Casino offers over 210 casino games, with an additional 160 live games. The games are highly polished as Scorpion Casino is connected with all major gaming providers, including Evolution, NetEnt, EGT, and AMATIC. The casino provides everybody with their favorite games, such as blackjack, roulette, poker, and slots.
In addition, Scorpion Casino also houses a sportsbook, which allows users to wager on the outcome of their favorite sports games. The sportsbook provides over 30,000 betting options for all major leagues in sports, such as football, horse racing, basketball, golf, tennis, boxing, and MMA.
Presale Already Gaining Traction as $300,000 Milestone Approaches.
The presale for the SCORP token is currently underway and is gaining considerable momentum as it approaches the $300,000 fundraising milestone in just a few days. SCORP is the native token behind the platform and will be the exclusive payment method for the Scorpion ecosystem. SCORP will also be the default currency for betting in the casino and sportsbooks – providing it with real-world utility.
The presale is currently in the first stage, selling the token for $0.01. However, it’s important to mention that the presale uses a rising pricing strategy, meaning the cost for the token will increase during each subsequent presale stage until it’s listed on tier-1 centralized exchanges at a price of $0.05. As a result, those investing earlier in the presale stand to benefit the most as they leave the fundraising with higher levels of unrealized gains.
Investors that buy more than $1,000 SCORP in the presale are automatically enrolled in the Elite Scorpion Members Club. This exclusive members club provides VIP Services, cashback on the casino, and extra staking rewards. Furthermore, investors quoting the exclusive bonus code Scorpion20 can get an extra 20% SCORP on their investment for a limited time only.