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The post Scorpion Casino Continues to Wow Investors After $2.2 Million Raised and $100K Paid in Passive Income – Here’s What You Missed. appeared first on Coinpedia Fintech News
The presale for Scorpion Casino continues to wow investors after the platform paid out over $100K in passive income.
$SCORP has now officially raised over $2.2 million as investors hurry to get positioned as early adopters in the platform that combines passive income with deflation for long-term value appreciation.
The project introduces a novel revenue-sharing model into a crypto-based casino, allowing all players to earn from the platform’s revenues.
Here’s what you’ve missed so far.
Scorpion Casino Raises $2.2 Million as Investors Rush for Passive Income.
Scorpion Casino has raised an outstanding $2.2 million in its presale as investors rush to the prospects of earning a passive income.
The platform turns all $SCORP holders into casino owners, allowing them to earn a share of the revenues generated on the platform.
As the platform grows in adoption and more wagers are placed at the casino, the collective yield for all $SCORP holders increases, giving way to long-term consistent gains.
The project wants to become the number one social crypto-based casino where all players can earn from the revenues generated.
Scorpion Casino is a first-of-its-kind in the revenue-sharing game as it integrates deflation into the ecosystem, creating long-term scarcity for the token.
Uncorrelated Passive Income for Long-Term Gains
The best part about the passive income opportunity from $SCORP is that the passive income is entirely uncorrelated to the market movements.
This means that the passive income stream won’t diminish as the crypto markets turn bearish because the revenues generated are from players on the platform.
As a result, Scorpion Casino has created one of the only long-term, consistent passive income options in the industry that won’t tend to zero in bear markets.
The revenue-sharing model is groundbreaking as it also introduces deflation into the ecosystem, creating long-term scarcity.
The team will use a share of the daily revenues from gaming to buy back $SCORP tokens from the open market.
Half of the $SCORP purchased will be distributed to holders to provide them with a passive income.
The other half will be removed from circulation by sending the tokens to an inaccessible burner wallet, creating deflation in the ecosystem.
With the buybacks creating demand for $SCORP on the open market and the burns creating a falling supply, experts believe this mechanism can create long-term 100x returns for early adopters.
One Year of Operation With $100K Paid Out
In addition to the passive income, investors are growing confident in the project after learning that it’s been profitable for over a year, with $100K paid out to $SCORP presale buyers so far.
The platform recently underwent a revamp in December, giving birth to a highly professional platform for crypto-based gamblers.
The casino offers 200 highly polished games facilitated through major gaming providers like Evolution and AMATIC – the same gaming providers that the online casino giants use.
Scorpion Casino also offers a sportsbook with over 30,000 betting options through its integration with BetRadar.
Furthermore, Scorpion Casino has already obtained all the necessary licensing credentials to operate from the Curacao eGaming licensing entity.
This makes the platform provably fair and ensures that investors won’t face regulatory scrutiny once the platform grows in popularity.
Finally, investors are also particularly excited about the incubator partnership with Tenset.
Tenset has helped prior presale projects like Meta Hero surge by over 100x from its presale, and investors believe it can achieve similar returns for $SCORP buyers.
Don’t Miss Out On This Passive Income Opportunity
With the presale crossing $2.2 million in fundraising, the platform is now 91% through to its minimum goal raised.
This means the opportunity to invest is quickly running thin.
$SCORP is the native token behind the platform and will be used as the default betting and payment currency.
Investors can currently purchase $SCORP for $0.024 in the presale. This provides exceptional returns when the token is listed at $0.05.
In addition, if you buy more than $1,000 $SCORP in the presale, you will automatically be enrolled into the Elite Scorpion Members Club, which provides perks like VIP Services, cashback on the Casino, and extra staking rewards.
Finally, investors can quote the exclusive bonus code “Scorpion20” to get an extra 20% SCORP on their investment for a limited time.
Overall, the groundbreaking platform, intuitive revenue-sharing model, high-profile partnership, and deflationary mechanism set the foundation for $SCORP to have a fruitful 2024.