Beam is one of the most successful cryptocurrencies of 2024. It has an impressive track record of generating 714% growth since October 2023. The native token of the growing gaming network has accumulated a $1.8B market cap as of now.
While Beam’s journey ahead is expected to be slower due to saturation, new cryptocurrencies continue to draw the attention of the market. The latest example is Scorpion Casino.
Scorpion Casino Presale Hits $10M
Scorpion Casino ($SCORP) is now hosting a presale event that has surpassed the $10 million milestone. The new online gambling platform has been operational for over a year. That has helped the project establish a robust foundation before introducing its native token.
Scorpion Casino’s emphasis on establishing credibility first has fuelled the presale activity. The surge in FOMO is a reflection of the project’s growth potential. Over 15,000 investors have participated in the presale already. The project has already secured listings on Bitmart and XT.com, with more on the way. But the presale perks like discounts, bonuses, and lucrative staking rewards make early purchase too compelling.
The staking rewards offered by Scorpion Casino can reach up to $10,000 per day. Being tied to the daily revenue of the platform, the staking rewards are highly reliable. Despite high APYs, most crypto staking systems eventually collapse due to their lack of foundation. Scorpion Casino’s profit-sharing model puts forward a robust staking system that makes a highly appealing passive income opportunity for investors seeking potential high returns.
Let’s see how the underlying gambling dashboard establishes the growth potential of Scorpion Casino and justifies the escalating presale FOMO.
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Online Gambling is Set to Grow and Expand
The large growth potential of the crypto GambleFi sector is a significant factor contributing to Scorpion Casino’s popularity.
The online gambling and sports betting industry continues to expand and is projected to experience further growth. The integration of blockchain technology will empower the market to bring more transparency and decentralization into the picture. Embracing blockchain technology has strengthened Scorpion Casino’s credibility.
It is also interesting to note that Scorpion Casino’s entry into the market is well-timed and aligned with the shift in the online gambling and sports betting sector.
Scorpion Casino has proven its prowess in the online gambling sector within a year of its operation. The launch of its sports betting module on April 1st, 2024 marks an expansion of the library. It will attract a fresh demographic of sports enthusiasts to the community.
Here is a sum-up of the key features available through Scorpion Casino’s dashboard:
- 30,000 Monthly Betting Opportunities: A wide array of betting options every month.
- Diverse Casino Games: A rich selection of high-quality, credible casino games including slots, blackjack, roulette, and poker from reputable providers.
- Live Casino Games: 160 live interactive games for real-time entertainment.
- Sports Betting: Contests across 35 sports such as football, tennis, horse racing, and basketball.
- Crash Games: An adrenaline-fuelled gaming experience with a hand-picked collection of crash games.
Scorpion Casino holds registration under the Curacao EGaming licensing entity. It has also undergone a thorough security audit conducted by Solidproof and a team verification by Assure DeFi, meeting the KYC standard.
Burning Complements Staking
Scorpion Casino has launched a unique profit distribution strategy that involves allocating a portion of its daily earnings towards both the staking reward pool and the burning mechanism.
- The staking reward pool serves as an incentive for users to stake their $SCORP tokens, discouraging premature sell-offs.
- Participants who stake their tokens are rewarded with additional tokens based on the amount staked and the lock-up duration.
- Another share of the daily profits is earmarked for purchasing $SCORP tokens from the market through a token buyback program. They are then permanently removed from circulation using a burning mechanism.
The deflationary tokenomics reduces the token supply over time and boosts the value of $SCORP tokens.
$SCORP Presale Comes with Automated Staking and Reward – Limited Window to Join
Scorpion Casino has launched automated staking and reward distribution systems for presale participants. These payouts can be collected in USDT or $SCORP tokens.
Owing to its credibility in the online gambling niche and the passive income potential, Scorpion Casino has the potential to become a unicorn by the end of the year. The price of the token is expected to take off in the initial phase of exchange listings.
For those interested in participating in the $SCORP presale, a special Easter Bonus offer is available from March 27th to April 3rd. Investors will get an attractive 40% bonus by using the discount code EASTER40.
