$SCORP Presale Crosses $600K As Investors Flock to Passive Income Potential
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
The $SCORP presale continues to blaze as investors quickly flock to get positioned at presale prices to take advantage of its genuine passive income potential.
The presale recently crossed the $660,000 milestone, demonstrating the building hype behind the platform that shares a portion of its revenues with all $SCORP holders.
In addition, the deflationary aspect of the token adds another fundamental layer to build long-term value for $SCORP, causing more investors to ape into the presale.
$SCORP Continues to Proliferate as Investors Flock for Passive Income
The presale for $SCORP continues to multiply as investors are flocking for the passive income potential.
Scorpion Casino states that all $SCORP stakers can earn up to $10,000 USD in daily passive income, regardless of the market situation.
Passive income has traditionally been an elusive dream for many investors in crypto. Although lots of projects claim they provide passive income potential, the rewards tend to die down if the overall market collapses.
Things are different with Scorpion Casino.
The platform is on a mission to build the number one social gambling platform where participants can earn a daily yield based on the casino's performance.
As the platform gains more adoption, the earnings continue to grow for stakers.
Furthermore, the rewards are expected to be sustainable as the platform continues to earn revenue through placed bets - even when the market starts to crash.
With online crypto-based casinos becoming incredibly popular, $SCORP allows investors to invest in a professional-grade casino in one of the world's fastest-growing industries.
Professional-Grade Casino With Fully Licensed Operations
Investors are comfortable investing in the $SCORP token as the casino is fully licensed and regulated, obtaining its credentials from the Curacao iGaming licensing entity.
As a result, investors won't have to worry about financial regulators closing the casino in the following years as their operations are fully compliant.
Furthermore, the platform can provide gamblers with a seamless and fun gaming experience as they're connected to all major gaming providers - including Evolution, NetEnt, and AMATIC.
Therefore, the casino is highly polished and can rival top-tier casino websites that aren't crypto-based.
The fully equipped casino comes with everybody's favorite games, including slots, poker, blackjack, and roulette.
In total, the casino has over 200 games, with 160 live games to choose from.
It even has a sportsbook that lets users wager on the outcome of their favorite sports games.
The sportsbook provides over 30,000 betting options through BetRadar - a professional sports data provider.
Every major league for sports like football, basketball, and boxing is integrated - meaning all sports fans will have the option to place wagers.
The best part is that Scorpion Casino has already released a beta version of its product, so investors can see what they're investing in before taking a risk.
Passive Income and Deflationary Mechanics Create Enormous Value Proposal
The passive income mechanics for Scorpion Casino also integrate deflationary aspects that will cause $SCORP to become more scarce over time.
The passive income is generated through platform revenues and transaction taxes.
The team will use up to 20% of the platform profits to buy back $SCORP from the open market, providing the trading pair with sustained demand.
Then, they will distribute half of the SCORP purchased to all stakers and send the other half to a burn address to remove it from circulation - causing it to become deflationary.
The sustained demand and decreasing supply create an enormous long-term value proposal for $SCORP holders - which is why the presale is generating so much attention.
In addition, passive income is also provided through transaction taxes on the network that are baked into the smart contract.
Every time a holder sells $SCORP, they're hit with a 10% tax - of which 2% is redistributed to holders, and 1% is sent to a burn address.
As a result, $SCORP holders will see their token balances increasing on a daily basis while the supply of the $SCORP shrinks.
$SCORP Quickly Selling: Invest Today Before Prices Rise
With the presale in its 6th stage, the $SCORP token is quickly selling out.
This stage of the presale is selling the token for $0.016. With a listing price of $0.05, this provides ample returns as soon as the token launches for early investors.
However, the presale uses a rising pricing strategy, meaning the price for the token will increase in the next presale stage.
For example, stage 7 will see the price of $SCORP rising to $0.017, which will continue growing until the final stage.
$SCORP will be the native token behind the platform and will be used as the exclusive payment method for the Scorpion ecosystem.
In addition, those buying over $1,000 worth of $SCORP in stage 5 of the presale are enrolled in the exclusive Elite Scorpion Members Club, which provides VIP services, such as cashback, extra staking rewards, extra SCORP tokens, and much more.
Finally, investors can get an extra 20% tokens by using the exclusive bonus code Scorpion20 - which is only available temporarily.