- Rollback crypto, a newcomer in the GambleFi landscape, has recorded monstrous gains.
- Driving this surge is a carefully crafted plan.
GambleFi is gaining traction in the crypto space, with Rollblock [RBLK] leading the charge.
Recently surging 200%, RBLK has captured investors’ attention amidst bearish trends in major cryptocurrencies like Litecoin [LTC] and Chainlink [LINK].
As GambleFi merges gaming with finance, RBLK presents a promising opportunity for those seeking high returns in this $450 billion gambling industry.
RBLK records presale gains
Over 16,000 investors have already jumped into the RBLK presale, raising over $4 million in its early rounds. This is just the tip of the iceberg; as awareness grows about Rollblock’s, demand is set to skyrocket.
As a recent entrant in the gambling industry, Rollblock features a regular token burning mechanism.
In simple terms, its capped supply of 1 billion coins will decrease over time through ongoing token burns, supported by a revenue-sharing model that facilitates continuous buybacks.
Source : Dune
Until July this year, RollBit [RLB] dominated the GambleFi platform, achieving $1M in DEX volume, significantly ahead of BCB, which lagged by a staggering 75%.
However, despite this uptick, the total trading volume in the gambling sector experienced a notable year-to-date decline. Still, RBLK might be the much-needed boost to revitalize the entire market.
Additionally, stage 7 of the presale is rapidly selling out at just $0.03, making it an enticing opportunity. According to AMBCrypto, if the trend holds, RBLK could hit $1 sooner than anticipated.
Rollblock shows deflationary commitment
One of RBLK’s key advantages over its competitors is its commitment to supply contraction.
The platform employs an innovative revenue-sharing model that allocates up to 30% of earnings to buy back tokens from the market.
Half of these tokens are permanently burned, while the other half rewards RBLK stakers, effectively discouraging short-term sell-offs.
Source : RollBlock
In short, RBLK’s impressive presale success, attracting investors to Rollblock ahead of its sports betting rollout, is supported by a robust Tokenomics roadmap.
Additionally, Rollblock offers over 7,000 casino games accessible from anywhere in the world, supporting 20 different cryptocurrencies.
This stands in stark contrast to traditional online gambling sites, which often face limited game selections and high fees.
Overall, RBLK has a clear advantage over direct competitors, thriving on incentives and a carefully branded model.
While the current hype has positioned the token as a potential game-changer in the gambling industry, it may still be too early to predict its future performance.
However, given the presale’s success, a path to $1 could be within reach.
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