3 Reasons Why You Should Buy SCORP, the Next Utility Token to 100x
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.\
The presale for SCORP, the native token behind Scorpion Casino, is gaining considerable traction after raising over $285,000 in a few short days from going live. The platform is on a mission to build the number one social online gambling platform where users can earn a daily yield based on the casino’s performance, which is why experts are predicting this to be the next utility token to provide 100x returns for early-stage investors.
With the memecoin mania finally behind us, investors are starting to look back at utility tokens as their next investments, and SCORP is definitely one of the number one picks for the majority of them. With the presale just starting, you’re still very early to the party and have a fantastic opportunity to get involved with the next budding crypto project from an early stage.
With that being said, here are three of the most essential reasons to get invested in this presale before it really starts to heat up.
1) Passive Income for Holders That Increase With Platform Usage
The number one reason why analysts are predicting a 100x return for SCORP is that it provides a passive income for all token holders that increases as the platform gains adoption and experiences more usage.
Scorpion Casino states that users can earn up to $10,000 USD in daily passive staking income simply just by holding the SCORP tokens in their wallets. The token itself comes with a 10% tax on every sale transaction. From this sale tax, 2% is redistributed to all holders of SCORP. As a result, those holding the token will see their token balance increasing in their wallet every day.
If that wasn’t enough, Scorpion Casino takes things one step further for stakers that lock their tokens into the platform - providing them with additional income through casino profits. Every day, the team will use some of the casino profits to buy back SCORP from the market. Half of these tokens are given to the holders through a staking pool, while the other half is burnt, making the token deflationary.
Furthermore, to add to the deflationary nature of the token, there is also a 1% burn tax (taken from the 10% sale transaction tax) that further reduces the SCORP token supply, leaving the remaining tokens more valuable.
2) Fully Licensed Casino With Everybody’s Favorite Games
Another reason why experts predict enormous returns from the SCORP presale is that the team is going through the correct channels to ensure their business operations are fully above board. As a result, the casino is a fully regulated business, receiving its license from the Curacao EGaming licensing entity. Therefore, the casino is fully transparent and provably fair for users.
The platform works with major gaming providers, such as Evolution, NetEnt, EGT, and AMATIC - allowing them to integrate highly-polished casino games. Scorpion Casino hosts 210 Casino games, with an additional 160 live games that include everybody’s favorites, such as blackjack, roulette, poker, and slots.
In addition, Scorpion Casino also houses a sportsbook, which provides over 30,000 betting options on the most popular sports. The sportsbook allows users to wager bets on the outcome of their favorite sports matches, with all major leagues integrated for popular sports such as football, tennis, horse racing, golf, basketball, boxing, and MMA.
As Scorpion Casino only work with reputable platforms such as BetRadar and CoinsPaid, they’re able to provide the best possible experience to all of their users.
3) You’re Still VERY Early
The last reason why you should consider investing in SCORP is because you are still very early to the party. The presale started in late May, raising over $250,000 in its first few days of being active. Despite this, the presale still remains in the first stage - providing the lowest possible entry point to get invested.
The first stage of the presale is selling the token for $0.01. However, it’s important to note that it uses an increasing pricing strategy, meaning that the cost of the token will increase during each subsequent presale stage. The price will continue to rise until the token is listed on tier-1 centralized exchanges at a listing price of $0.05. Therefore, those that invest in the earlier stages stand to benefit the most as they leave the fundraising with higher levels of unrealized returns.
The SCORP token is the native token behind the platform and will be the exclusive payment method in the Scorpion ecosystem. SCORP will also be the default currency for betting at the casino and sportsbooks - providing it with unprecedented amounts of utility.
Investors that purchase more than $1,000 SCORP in the presale are automatically enrolled in the Elite Scorpion Members Club, which 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.