SCORP: The Passive Income Powerhouse with Deflationary Tokenomics and a Live Beta Version
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SCORP, the native token behind Scorpion Casino, is one of the industry’s most alluring passive income powerhouses that combines deflationary tokenomics into its ecosystem to provide sustained value for the token.
The platform provides a passive income through revenues generated on the platform, and the project already has a live beta version available for gaming, showing investors the potential growth prospects behind this intuitive platform.
The presale for this project is quickly approaching its hard cap as investors quickly flock to get positioned in the passive income ecosystem at the lowest possible prices.
Keep reading to learn why investors are eager in this groundbreaking revenue-sharing model.
Scorpion Casino - The Number One Social eGaming Platform Fully Licensed and Regulated
Thomas Jefferson, former-US president in the 1800s, once stated that “the only way to win money out of a casino is to own one,” and that is exactly what Scorpion Casino provides to all SCORP holders. The project is breaking down the barriers to entry into the casino industry, removing the hefty $2 million requirements to get licensed and the 2-year timeline it often takes to get approved. Instead, holders of the SCORP token instantly become casino owners and receive a daily passive income of up to $10,000 USDT from platform revenues.
Scorpion Casino 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. As the platform gains more adoption, the passive income revenues increase alongside it - making it a highly attractive long-term investment.
The project wants to provide users with a seamless and fun gaming experience, and its connection with major gaming providers like Evolution and AMATIC makes it one of the most highly polished casino products in the crypto sector. With the global online crypto-based gambling market size expected to grow by 300% over the next eight years - Scorpion Casino is positioning itself at the forefront of the industry and is sharing its platform revenues with all investors.
The best part about the casino is that it’s fully licensed and regulated, obtaining its credentials from the Curacao eGaming licensing entity. This makes the casino fully transparent and provably fair, ensuring that online gamblers are comfortable entering its doors and wagering bets.
The casino is also fully equipped with everybody’s favorite games, such as poker, blackjack, roulette, and slots. It also has a revolutionary sportsbook, allowing sports fans to place over 30,000 betting options on the outcome of their favorite matches. With all the major leagues integrated for sports like football, basketball, tennis, horse racing, and golf - everybody will be sure to find an option for the sport they love.
2 Methods for Passive Income With Deflationary Tokenomics
The ecosystem provides a passive income through two primary methods:
- Casino revenues
- Transaction taxes
Both of these methods also include deflationary aspects, which remove SCORP from the total supply - making the remaining tokens more scarce.
The team is committed to allocating 20% of the casino profits to buy back SCORP tokens from the open market on a daily basis, providing consistent demand for the market. From the SCORP purchased, half is redistributed to all SCORP stakers, with the other half being burnt from the supply.
The burning of the token creates the deflationary aspect of SCORP, with the buyback providing it with consistent demand. According to Economics 101, the value of an asset with a falling supply and a rising demand will skyrocket in value - which is exactly why investors are rushing to purchase the token at presale prices.
The second method that provides a passive income occurs through the transaction taxes embedded into its smart contract. Although there are no buy taxes, those selling SCORP are hit with a 10% sell tax. From this tax, 2% is redistributed to all SCORP holders, who will see their token balance increase consistently, and 1% is sent to a burn address. The remaining tax is used for marketing and development, ensuring the ecosystem consistently improves and attracts new users.
Presale Crosses $420k and Approaches Hard Cap - Still Time Left to Get Positioned
Overall, the unique growth prospects provided by SCORP make it an extremely attractive long-term investment, which is why the project has already raised over $420,000 in its presale. With the hard cap set at $500,000, time is quickly running slim to get positioned at the lowest possible prices before the token goes live on exchanges.
Investors quoting the exclusive bonus code Scorpion20 can get an extra 20% SCORP on their investment for a limited time only. In addition, investors purchasing more than $1,000 SCORP in the presale are enrolled in the Elite Scorpion Members Club. This provides VIP Services, cashback on the Casino, and extra staking rewards.