The SCORP presale continues to race towards its hard-cap fundraising milestone after crossing $420,000 today as investors become eager to get positioned in the latest passive income Web3 platform that distributes a portion of its revenues to all token holders.

In addition, its deflationary tokenomics puts the SCORP token in an interesting position as its value will increase due to increasing demand and reducing supply. As a result, experts tout the SCORP token as the next project that could potentially provide 10x gains.

Keep reading to learn why the presale for SCORP has been so successful and if you should get involved.

Investors Quickly Rushing to Get Positied Early in SCORP Presale

The SCORP presale continues to gather momentum after crossing the $420,000 milestone today, pushing it closer to the $500,000 hard cap initially targeted in the presale. Investors are keen to get involved in the SCORP token as early as possible as they can take advantage of the lower prices during the fundraising stage, providing them with considerable returns as soon as the token launches on exchanges.

Scorpion Casino is a crypto-based iGaming platform that seeks to become the number one social online gambling platform that allows users to earn a daily yield from casino revenues. As a result, the daily yield can reach up to $10,000 USDT – depending on its performance. The passive income is expected to rise as the casino gains more adoption, making it an extremely attractive long-term investment opportunity.

The best part about participating in the presale is that it turns holders into casino owners. With the global online gambling market expected to grow to $145 billion by 2030, it’s unsurprising to learn that it takes $2 million in capital and over a year to launch a licensed online gambling platform. Scorpion Casino helps investors circumvent these barriers to entry by distributing casino profits to all holders – effectively turning them into the house.

Every Investors’ Dream: Deflationary Tokenomics and Passive Income

The Scorpion Casino ecosystem makes every investor’s dream of earning a passive income with an additional deflationary mechanism embedded into the ecosystem come true. As a result, token holders see their balances consistently increasing while simultaneously experiencing the token value increase due to the deflationary mechanism.

According to Economics 101, if the supply of an asset decreases while the demand stays the same (or rises), the value of that asset would increase. The mechanics behind the SCORP token provide this in a number of ways.

The first method that provides a passive income to SCORP holders is through the revenue generated from casino usage. The team has stated that they will use a portion of the casino revenues to buy SCORP from the open market – providing consistent daily demand for the token. From the SCORP purchased, 50% is distributed to holders’ wallets. The remaining 50% is sent to a burn address to be removed from circulation.

This creates a win-win scenario as holders see their balance increase, the market sees consistent demand, and the supply of SCORP consistently reduces.

The second passive income method is integrated into the token’s smart contract. Although there is a 0% buy transaction, there is a 10% sell transaction on the network. From the sales tax, 2% is re-distributed to SCORP holders – providing them with an additional passive income. An additional 1% of the sales tax is burnt – increasing the token’s deflationary nature.

The rest of the sales tax is used to add liquidity to the liquidity pools and is used for marketing and development to support the ecosystem.

Fully Licensed and Regulated Provides Confidence of Long-Term Potential

Adding further to why investors are rushing to the presale is the fact that Scorpion Casino is fully licensed and regulated, obtaining its license from the Curacao iGaming licensing entity. This ensures that the casino is fully transparent for users and provably fair – making it a highly attractive venue to wager bets.

The casino contains over 200 games, including all the popular table games like poker, roulette, and blackjack. It also includes a wide range of slot games and provides a top-tier experience as it’s connected with major gaming providers like NetEnt, Evolution, and AMATIC.

Lastly, the casino also contains a sportsbook, allowing users to wager bets on the outcome of their favorite sports matches. All the major leagues for sports, such as football, tennis, basketball, and golf, are integrated, providing over 30,000 betting options.

Presale Approaching Hardcap: Get Positioned Before it’s Too Late

With the presale approaching its $500,000 hard cap, it’s essential to get invested before the opportunity runs out. The presale is currently sitting in the third stage, selling the token for a price of $0.014. With the SCORP token expected to be listed on tier-1 exchanges for a price of $0.05, this provides up to 4x returns for current-stage presale buyers.

The SCORP token is vital to the ecosystem and provides utility beyond passive income. For example, it’s the exclusive payment method throughout the entire ecosystem and is the default currency for betting in the casino and sportsbooks.

Finally, investors acquiring over $1,000 of tokens automatically grant entry into the prestigious Elite Scorpion Members Club. This exclusive enclave offers a host of VIP Services, cashback privileges on the illustrious Scorpion Casino, and extraordinary staking rewards. But that’s not all – for a limited time only, investors can supercharge their investment by quoting the exclusive bonus code “Scorpion20,” entitling them to an additional 20% SCORP tokens.