The SCORP presale recently saw a huge jump in fundraising after it crossed the $430,000 level – pushing it closer to its hard cap goal of $500,000. Investors are quickly scrambling to get invested in this groundbreaking platform due to its ability to provide a passive income model that will continue to increase as the platform gains adoption.
In addition, investors are comfortable investing as the platform is fully licensed and regulated, and its team and smart contracts have been fully audited – making it safe from a potential rug pull.
Keep reading to discover why the SCORP presale is experiencing a new wave of investment in its final stages as it approaches its hard cap goal.
SCORP Presale Jumps Toward $500,000 Hard Cap as Presale Momentum Increases
The SCORP presale recently witnessed another $120,000 in investment over the past couple of days, pushing the total fundraising milestone above $430,000 and allowing it to edge to the $500,000 hard cap it initially set out to achieve.
SCORP is the native token behind Scorpion Casino, and investors are hurrying to get invested during the presale stage as they’re keen to witness the passive income opportunities that the platform provides to all holders.
Scorpion Casino is positioning itself as the leading crypto-based eGambling platform. It is on a mission to build the number one social online platform where users can earn a passive income based on the casino’s performance.
The platform is connected to all the major gaming providers, allowing the casino to provide a seamless and fun gaming experience for all online gambling lovers. With over 210 casino games and 160 live games, there’s something for everybody to enjoy, and the partnerships with NetEnt and AMATIC help provide a professional-grade experience.
In addition, Scorpion Casino is also home to an intuitive sportsbook, allowing people to place up to 30,000 different betting options on the outcome of their favorite sports matches. With all the major leagues integrated for sports like football, tennis, basketball, and boxing, everybody can gamble and place wagers on sports games in one location.
Passive Income and Deflationary Mechanics Cause Flurry of Investment
The growth of the presale is unsurprising, considering that the platform proposes that SCORP holders can earn up to $10,000 USDT in daily passive staking income as the platform adoption continues to grow. The project can provide a passive income through two primary methods.
The first method is using daily profits generated from revenues on the platform. The team has stated that they will use up to 20% of the profit to buy back SCORP tokens from the open market and redistribute half of the tokens bought back to SCORP stakers. As a result, SCORP stakers will see their balances consistently growing on a daily basis. Furthermore, the other hall of the SCORP purchased will be sent to a burner address – making the token deflationary.
The second method for passive income is baked into the token’s smart contract. When sellers make a sale on the open market, they’re hit with a 10% sales tax. From this tax, 2% is redistributed to holders, with another 1% being burnt. The remaining tax is reinjected into the ecosystem for liquidity, development, and marketing.
Overall, these two mechanisms create the perfect solution for SCORP token growth as deflationary economics helps to provide scarcity while regular buybacks help to drive demand in the market.
Fully Transparent and Provably Fair Through Regulation
In addition, investors are comfortable as they know the platform is fully licensed and regulated by the Curacao iGaming licensing entity, making the casino fully transparent and provably fair. As a result, this creates an attractive crypto-based casino for gamblers to enjoy, helping to foster the platform’s adoption.
The team is also verified through a third-party service, and Solidproof audits the token contract – making SCORP investments safe from rug pulls.
Presale Quickly Hitting Hard Cap: Invest Today
After crossing $430,000, the presale for SCORP is quickly reaching its hard cap target. Early investors benefit the most as they purchase the token at lower prices. Early adopters can earn around 3.5x returns in the presale as the token is currently being sold at $0.014 and is expected to list on exchanges for a price of $0.05.
Lastly, you are automatically enrolled in 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 only.
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