The second half of 2023 is marked as a period of tepid performance for the crypto market so far. The subdued market conditions haven’t deterred utility-driven cryptocurrencies from capturing the attention of investors, however.
Scorpion Casino (SCORP), for example, recently achieved a significant milestone by surpassing the $1 million mark in its presale. Analysts predict a potential 8X to 10X climb for the token on its launch, following in the footsteps of best-performing tokens like Rollbit.
Being one of the most promising cryptocurrencies in the online gambling and sports betting sectors, SCORP has high growth potential this year. Let’s take a closer look at the project and whether it substantiates the presale hype.
What’s the buzz?
The Scorpion Casino presale has become a rage over the last few weeks. The success of Rollbit and the thriving online gambling sector has added to the buzz around the project. But there’s more to the story.
As one of the most robust online gambling platforms to enter the market this year, SCORP has earned its spotlight. The robust blockchain infrastructure put forward by the project effectively eliminates the risks of fraud and scams the gambling sector is known for. The multiple partnerships with industry leaders further strengthen its network foothold.
The strategically-designed burning and staking mechanisms, on the other hand, safeguard the token against market volatility. In fact, the potential daily passive income is unparalleled in the cryptocurrency market, offering the possibility of earning up to $10,000 as staking rewards based on the platform’s revenue.
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Vibrant gaming dashboard, exciting rewards
Scorpion Casino houses an extensive selection of games – not just any random crypto game, but rather exciting gambling and sports betting contests that come with attractive rewards.
Although the crypto market is saturated with play-to-earn games, only a few have managed to meet the expectations of the broader gaming market. Thanks to their subpar gaming mechanics, they don’t stand a chance. Does it help investors? No, the lack of focus on gameplay catalyzes the gradual disintegration of the community of gamers as well as investors.
Most play-to-earn games in the crypto arena tend to overlook the fact that the gaming community underpins the utility and relevance of the native token. When attention is turned towards investors at the expense of gamers, both communities suffer. Gamers should be the driving force of a gaming project. It’s as simple as that.
Scorpion Casino has made deliberate efforts to cultivate a robust gaming community. The vibrant casino and sports betting dashboard helps the cause:
- It features 30,000 monthly betting opportunities and 160 live games.
- The online casino library boasts over 200 games from renowned providers such as Evolution, NetEnt, Play N Go, Novomatic, EGT, and AMATIC. They can be slots, blackjack, roulette, poker, live casino, and more.
- Sports betting contests cover events across 35+ sports, including football, tennis, American football, horse racing, basketball, golf, boxing, and MMA.
The commitment to nurture a thriving gaming community sets apart the project in the Web3 P2E space.
Licensed platform with high-end security standards
Venturing into the online gambling sector, Scorpion Casino was aware of the need to establish its credibility.
For starters, Scorpion Casino operates with regulation and licensing from the Curacao EGaming Authority. The licensing makes sure that the games offered on the platform adhere to industry standards and are designed to be fair. It eliminates any potential for manipulation.
The regulated status guarantees a safe gambling experience for all users.
Furthermore, the Scorpion team has been verified by Assure DeFi, meeting the KYC Gold Standard. It rules out concerns about rug pulls or scams, strengthening the team’s accountability.
On the blockchain front, Scorpion Casino has undergone a comprehensive audit by Solidproof, and is shown to be 100% secure.
Burning and staking support the price action of SCORP, regardless of the market volatility
Rollbit’s integration of a burning system into its ecosystem was a game-changer. It fueled the price of RLB to new heights. The token has recorded a 7000% surge on the yearly chart so far to the astonishment of the market.
Burning reduces a token’s supply, which can have a positive impact on its price dynamics, even amid crypto market turbulence.
Scorpion uses the same principle, but more vigorously.
The burning mechanism on Scorpion Casino is accompanied by a staking reward system with up to $10,000 USDT up for grabs. Both constrain the circulating supply of SCORP and drive its price within the open market. Tied to the platform’s revenue, they offset the effects of staking rewards on the internal economy.
The Scorpion presale is open to the public now, offering heavy discounts and attractive benefits as listed above. SCORP will be available for purchase on top crypto exchanges after the presale sell-out, which is likely to be ahead of schedule if it maintains the momentum. But by then, the price would have gone much higher, factoring in the FOMO.