The post $SCORP is Your Key to a Passive Income That’s Uncorrelated With Market Movements appeared first on Coinpedia Fintech News
If you’ve been looking for a passive income in crypto that’s utterly uncorrelated with the overall market movement, then you need to look no further than $SCORP.
Scorpion Casino is capable of providing its holders with an entirely passive income that doesn’t dwindle toward 0% as the price of the token trends lower.
In addition, the project has integrated a deflationary mechanism. To make $SCORP more scarce over time and further demand-driving tactics that help increase the token’s value.
$SCORP is undoubtedly your key to passive income in crypto; keep reading to find out how it works.
The presale for $SCORP has raised over $770,000. As investors rush to get positioned after learning about its passive income potential that’s entirely uncorrelated for the overall market movement.
Scorpion Casino provides its holders a passive income through a unique revenue-sharing model from profits generated on its platform.
As the adoption of the casino grows, so will the passive income earnings. Thus, allowing $SCORP stakers to earn up to $10,000 USD in daily passive income.
The project seeks to create a highly-polished casino venue where users can earn a daily yield based on the casino’s performance.
In a nutshell, investing in the $SCORP presale essentially turns you into a casino owner. Letting you circumvent the costly $2 million start-up fees and the timely six months it takes to get licensed.
How Does $SCORP Provide a Passive Income?
Scorpion Casino has two primary mechanisms that provide a passive income stream. Both mechanisms integrate a deflationary function to make $SCORP more scarce over time.
The best part about the passive income is that it won’t diminish if the market crashes. As it’s generated from wagers placed on the casino – independent of price action.
The primary mechanism of passive income is generated through platform revenues.
The team will use up to 20% of the daily revenue generated on the platform to buy back $SCORP tokens from the open market.
Half of the $SCORP purchased is sent to all $SCORP stakers, and the other half is sent to a burning address.
The act of burning removes $SCORP from the overall supply, making the token more scarce, and the daily buybacks provide a consistent form of demand for the market.
Combining these two mechanisms together creates a powerful ecosystem that will help the value of $SCORP surge over time.
This is why many analysts are expecting huge returns from this token, with some even projecting a 100x growth;
The second avenue of passive income is through sales taxes on the network. Every time $SCORP is sold, 2% is redistributed to all $SCORP holders, and 1% is burnt.
As a result, these two mechanisms mean $SCORP holders will see their token balances increasing on a daily basis while the overall supply of the token shrinks.
Is Scorpio Casino Any Good?
Scorpion Casino has built a product that can rival top-tier online gambling sites today.
It achieves this through its gaming partner integrations, which include NetEnt, AMATIC, and Evolution.
These gaming partners allow Scorpion Casino to offer over 200 highly-polished casino games and 160 live games, including blackjack, poker, roulette, and slots.
Furthermore, the platform also integrates a sportsbook into the ecosystem. Allowing sports fans to wager bets on the outcome of their favorite sports games.
The sports data is provided through BetRadar, providing up to 30,000 betting options for all the major leagues in sports. Such as football, basketball, tennis, horse racing, boxing, and MMA.
The best part about investing today is that Scorpion Casino has already released a fully-featured beta version of its product. Allowing you to experience the professional feel of the platform.
Taking things further, Scorpion Casino is also fully licensed and regulated, obtaining its credentials from the Curacao iGaming licensing entity.
This makes Scorpion Casino an attractive venue for crypto-based gamblers as it’s provably fair and completely transparent.
With online crypto-based casinos expected to experience a growth rate of 300% over the next eight years, Scorpion Casino is positioning itself as the leader in the industry. Providing an intuitive tokenomics system for long-term gains.
Buy Today Before Presale Ends and $SCORP Trends.
$SCORP is the native token behind the platform. That will be the exclusive payment mechanism in the ecosystem and the default betting currency.
The presale for Scorpion Casino is in the seventh stage, selling the token for a price of $0.017. The presale uses a rising pricing strategy. So those that invest early benefit the most as they can take advantage of lower prices.
Furthermore, you’re automatically enrolled into the Elite Scorpion Members Club if you purchase more than $1,000 SCORP in the presale. This provides VIP Services, cashback on the Casino, and extra staking rewards.
Lastly, investors quoting the exclusive bonus code Scorpion20 can get an extra 20% SCORP on their investment for a limited time.
Follow Scorpion Casino on Twitter and join the project’s Telegram channel.
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