Scorpion Casino Raises $10M Ahead on Launch 29 April 2024
Crypto casinos are revolutionising the iGaming industry. They are ushering in developments in privacy, security and accessibility for players across the world.
Recently, Scorpion Casino $SCORP has been at the forefront of crypto casino headlines. The casino is not only known for its engaging gaming and casino experience but its incentive programs like daily USDT staking.
The incentive program has attracted investor interest in the SCORP Presale ensuring funding. The presale raised over $10 million and brought the market cap to $150 million within a few hours of trading.
More so, investors were drawn by the 500% bonus reward for presale owners and a 40% credit bonus for contributions of $100000 or more.
Besides the rewards, the casino has an exclusive Elite Scorpion Members Club. The club gives additional perks to members such as cashback rewards, enhanced staking rewards, larger SCORP allocation and VIP service.
$SCORP holders also benefit from a variety of perks including weekly bonuses, complimentary games, participation in the affiliate program and opportunities for passive income.
Through staking, investors can earn up to 10000 USDT daily as well as access to a dedicated staking pool for presale participants.
Gold membership NFT owners are rewarded with both USDT and SCORP.
The Presale of the SCORP token was launched on the Pinksale launchpad.
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What makes the SCORP ecosystem unique?
The ecosystem and vesting structure. The ecosystem of SCORP is based on three components. They are the platform, affiliate program and token.
The platform
At the heart of the ecosystem is the SCORP platform. It hosts a variety of high-quality and licensed games hosted by the most popular iGaming software providers.
The software providers on the platform include NetEnt, Evolution Gaming, EGT, Playn’ Go, Novomatic and Amatic.
The affiliate program
Players not only get to play but earn while they play. The affiliate program of Scorpion Casino allows players to accumulate rewards for referrals and actively engage on the platform.
The token
The token serves two purposes. First, it is a governance token and second, it is a rewards mechanism.
The use as a governance token is for members to cast votes on the future direction of the platform. The reward mechanism of the token is an incentive in the form of a reward when members engage and participate on the platform.
The vesting structure
The structure plans for 10% of the supply to be released in 10 phases. The initial 10% will be available 24 hours after the launch and the remaining 9 portions of the 10 phases will be released every 10 days.
Previous activity
The platform had a significant overhaul in November 2023. The overhaul made some changes including introducing 20 new features, an updated interface and a refreshed appearance.
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