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Scorpion Casino has started providing all $SCORP holders a passive income from revenues generated on its platform, with over $100K already paid.
The project introduces a novel revenue-sharing model that provides holders with a passive income while integrating deflation into the ecosystem.
With the model being proven successful, investors are rushing to get positioned into the presale during its final stages, pushing the fundraising beyond $2.3 million.
Here’s why you don’t want to miss out on this intuitive revenue-sharing platform.
Scorpion Casino Crosses $2.3 Million Fundraising Milestone As Passive Income Payouts Begin.
Scorpion Casino officially crossed the $2.3 million milestone this week as investors learned about the start of passive income payouts.
Scorpion Casino is on a mission to build the number-one ranked social gaming platform where players can earn a share of the revenues generated.
As a result, those holding $SCORP stand to earn a larger passive income as the platform grows in adoption, with an upside limit set at $10,000 USDT per day.
In addition to the passive income, Scorpion Casino also integrates a deflationary mechanism into its ecosystem that creates scarcity over time, with investors believing long-term value appreciation is possible.
Essentially, buying $SCORP turns all holders into casino owners, allowing them to earn a share of the revenues generated on the platform.
The platform has been running for over a year, and the team has announced that over $100K has been paid out to $SCORP investors in the presale.
How is the Passive Income Generated?
The passive income is generated from revenues earned on the platform.
The team has stated they will use a share of the daily revenues generated to buy back $SCORP tokens from the open market.
Buying $SCORP from the open market helps create a form of consistent demand and helps create price stability.
Then, the team will distribute half of the $SCORP purchased to all stakers on the network, providing them with a passive income.
The other half is sent to a burner wallet to be removed from circulation, creating deflation in the economy.
Together, the rising demand and falling supply for $SCORP have investors believing that 100x returns are possible for early adopters.
Why Do Investors Believe 100x Returns Are Possible?
In addition to the intuitive revenue-sharing model, investors also believe 100x returns are possible due to the high-profile partnership with a major crypto incubator.
Scorpion Casino has partnered with Tenset to help push the platform into a mainstream audience.
Investors are particularly excited about this partnership as Tenset was the mastermind behind Meta Hero, which caused the $HERO token to surge by over 100x from its presale price and enter the top 250-ranked projects by market cap.
Furthermore, the highly professional casino platform shows the team’s competency.
The platform recently underwent a major revamp, offering over 200 highly-polished games to its users.
The games can rival the heavyweight online casinos using the same gaming providers, such as Evolution and AMATIC.
There’s also a sports book on the platform that allows sports fans to wager bets on the outcome of their favorite sports matches.
Finally, Scorpion Casino is fully licensed, obtaining its credentials from the Curacao eGaming licensing entity.
This means that the platform won’t face regulatory scrutiny once it hits mainstream markets, as the casino is fully licensed and provably fair.
Presale Closing in on Fundraising Goal – Final Opportunities to Buy
The presale is now closing in on its fundraising goal, meaning this is your final opportunity to buy at presale prices.
The $SCORP token is the native token behind the platform and will be used as the default betting and payment currency – providing it with exceptional utility.
Investors can currently purchase the token for $0.024 in the presale.
With the listing price set at $0.05, this provides an impressive return for early adopters. However, many investors will be waiting for higher returns as they anticipate 100x gains.
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, Scorpion Casino is bringing a new standard to the crypto-based casino industry, allowing all $SCORP holders to earn a passive income through the platform.
The post Scorpion Casino Starts Providing Holders a Passive Income With $100K Paid Out – Here’s Why You Don’t Want to Miss Out. appeared first on Cryptonews.
