Investors are currently rushing to book as early as possible SCORP presale participate after discovering the passive income that using the platform offers to the owners. SCORP is the native token behind Scorpion Casino, and token holders are entitled to a share of the platform’s daily earnings.
The presale for SCORP has officially started and has raised nearly $300,000 in just a few days since launch. Besides the passive income, SCORP holders are also excited about the quality of the casino and the deflationary nature of the token – which could represent significant value as more tokens are burned.
Read on to find out how SCORP is changing the definition of passive income and how you can benefit from it.
Earn up to 10,000 USDT per day as the platform grows in popularity
“The only way to win money at a casino is to own one”.
The above quote was made in the 1800’s by US President Thomas Jefferson who understood that the house always wins in gambling. Scorpion Casino is the eGambling platform of the future, allowing holders to earn up to 10,000 USDT in daily passive wagering income while becoming part owners of the casino – they become the house themselves, so to speak.
Scorpion Casino aims to create the first social online gambling platform where users can earn daily returns based on the casino’s performance. The platform intends to provide a seamless and fun gaming experience while giving everyone the opportunity to earn from the casino games.
There are a few methods where SCORP holders benefit from the whole Scorpion Casino:
- Through daily income
- Through passive redistribution
- Through deflationary mechanisms.
The primary passive income method is staking on the platform, which provides SCORP holders with additional income from casino winnings. The team has stated that they will use a portion of casino profits to buy back SCORP on the open market each day, generating buying pressure. Half of the tokens purchased are distributed to staking pool holders as passive income, while the other half is burned – creating a deflationary mechanism.
As the casino gains in appeal, the passive income for stakers continues to increase.
Furthermore, the passive income is increased by the redistribution mechanism built into the token smart contract. The token smart contract imposes a 10% tax on all sales transactions on the network. Of this sales tax, 2% is redistributed to the holders of SCORP. Therefore, holders will see their token balance increase every time someone sells SCORP for ETH.
In addition to the burning mechanism, the sales tax also includes a 1% burn tax, which is taken out of circulation and makes the remaining SCORP more valuable.
Overall, these mechanisms are designed to provide holders with a passive income that can reach up to 10,000 USDT once the casino is fully operational with a large user base.
Proven Fair: Fully licensed and regulated
The best thing about this casino is that it is fully regulated and licensed by the Curacao EGaming Licensing Body. As a result, the casino is completely transparent and compliant – making it a provably fair casino.
Scorpion Casino offers over 210 casino games and an additional 160 live games. Games are presented in high quality as Scorpion Casino is affiliated with all major gaming providers including Evolution, NetEnt, EGT and AMATIC. The casino offers every user’s favorite games, such as blackjack, roulette, poker and slots.
In addition, Scorpion Casino also hosts a betting shop that allows users to bet on the outcome of their favorite sports games. The Sports Book offers over 30,000 betting options on all major sports leagues such as football, horse racing, basketball, golf, tennis, boxing and MMA.
Pre-sales are already gaining traction as the $300,000 milestone nears
The pre-sale for the SCORP token is currently underway and is gaining significant momentum as it nears the $300,000 fundraising milestone in a matter of 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 and will therefore have real utility.
The pre-sale is currently in the first phase, where the token will be sold at $0.01. However, it is important to mention that the pre-sale uses an increasing pricing strategy, so the cost of the token will increase in each subsequent pre-sale phase. Ultimately, SCORP will then be listed on Tier 1 central exchanges at a price of $0.05. As a result, those who invest earlier in the pre-sale phase benefit the most as they exit fundraising with higher unrealized gains.
Investors who pre-purchase more than $1,000 SCORP will be automatically enrolled in the Elite Scorpion Members Club. This exclusive members club offers VIP services, cashback in the casino and additional rewards for staking. Additionally, for a limited time only, investors who provide the exclusive bonus code Scorpion20 can receive an additional 20% SCORP on their investment.
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