[PRESS RELEASE – London, United Kingdom, March 28th, 2024] Scorpion Casino, is at the forefront of merging blockchain technology with online gaming, has reached an impressive milestone by raising over $9.7 million in its presale phase. Highlighting the accelerating interest from the investor community, the platform notably secured over $3 million of this total in March alone.
Sustainable Token Economy Strategies
In response to its growing ecosystem, Scorpion Casino has implemented several strategic initiatives aimed at maintaining a healthy token economy for its native $SCORP token:
Buy-Back System: A portion of casino and betting revenues is allocated to purchase $SCORP tokens from public exchanges daily. This action is taken with the intent to manage the token’s supply on the market.
Automatic Token Burn: Following the buy-back, half of the acquired $SCORP tokens are automatically removed from circulation by a smart contract. This process aims to adjust the supply dynamically.
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