The only thing consistent about the crypto market is its volatility. The ups and downs continue to envelop the market every other month, it is no longer a surprise. Even high-cap assets like BTC and ETH are not immune to the trend.
A closer analysis reveals that projects need more than just community strength and utility to withstand market volatility. Scorpion Casino, a new project in the crypto gambling arena, puts forward an excellent model to combat it with staking and burning. While there are a plethora of projects that feature staking and burning, Scorpion stands out with a revenue-based model.
In this article, we will take a closer look at the Scorpion Casino ecosystem and how it emerges as a reliable investment this year.
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Scorpion Casino is Rich with Utility
Let’s look at the fundamentals first. A crypto project can’t survive in the long term without utility, no matter how massive its community is. The primary source of demand for a token should come from its user base, not mercurial investors.
The long-term success of a cryptocurrency is contingent upon its practical and applicable utilities within the market. Let’s see how Scorpion Casino fares in this regard.
At the heart of it, Scorpion Casino is a gambling platform with a wide range of casino, live betting, sports betting, and crash game offerings. In contrast with most crypto gaming platforms, Scorpion is tailored for a financially capable demographic. As it functions as a gambling and sports betting hub, it exclusively caters to individuals aged 18 and above.
The gaming mechanics are designed for serious gamers.
Crypto play-to-earn games that target younger audiences struggle to capture and retain gamers who are ready to invest money in gaming for its entertainment value. Since they lack gripping themes and dynamics, gaming feels more like work.
These games tend to forget that users have better alternatives if their sole objective is to earn money. They are in here for the game first.
Acknowledging this, Scorpion Casino introduces a fresh narrative by focusing on the core gaming experience. The principle forms the bedrock of the utility and worth of SCORP, the native token that facilitates payments and rewards within the platform.
A One-stop Destination for High-End Gaming Experience
Scorpion Casino covers categories like casino games, live betting, and sports betting.
If we look at the sports betting module, we will find a wide array of sporting events in football, tennis, American football, horse racing, basketball, golf, boxing, MMA, and more. In the casino module, it covers 200 casino games provided by major industry players, offering a variety of options like slots, blackjack, roulette, poker, live casino games, and more.
Not your cup of tea? Explore the crash games listed on the platform. The gaming dashboard is designed in such a way as to cater to the interests of a wide range of gamers. Partnerships with renowned gaming providers like Evolution, NetEnt, Play N Go, Novomatic, EGT, and AMATIC allow a wide range of options.
Addressing the need for better user experience in the online gambling sector, Scorpion has partnered with platforms like BetRadar and CoinsPaid. More partnerships and integrations will be unveiled in the coming months.
How to Earn Up to 10,000 USDT Daily with Scorpion?
We began this article with the Scorpion Casino staking system and how it provides stability to the ecosystem. Staking is not a new concept in the crypto market. It is a time-tested strategy employed to encourage users to hold a token for the long term. In exchange, stakers are rewarded with attractive interest in the same token.
But the problem is, most staking rewards lose stability within a short space of time as they are solely attached to the tokenomics. What’s the point of accumulating more and more of a token if it is continuously losing value? As a result, these staking systems cripple the tokenomy over time, leaving investors with tokens that have near-zero value.
Scorpion’s staking system tackles this challenge by sourcing the rewards from the platform revenue. In other words, the rewards you earn on the platform depend on the revenue generated by the gaming platform. The strategy helps investors avoid the pitfalls often associated with crypto staking systems.
The staking system also helps the project counteract the initial selling pressure on the token launch. The potential daily rewards from SCORP staking can be as high as 10,000 USDT.
A token burning mechanism, funded by platform revenue, accompanies the staking system to further support the price action.
SCORP will list for $0.05
You can now buy SCORP tokens at the ongoing presale for a discounted price of $0.017. The price will increase with each new stage of the presale.
A fundamental analysis of the token hints at a 1000% to 1500% surge for SCORP toward the end of the year, capitalizing on its high market relevance in the rapidly growing crypto gambling sector.
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