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RBLK, the native token of a fast-growing online gambling platform Rollblock has crossed the $1.5 million mark in presale.
Developed on the Ethereum network, Rollblock says its RBLK token will deliver player rewards and loyalty.
Does RBLK have all it takes to be the next Rollbit (RLB)? Can it leverage the growing attention on GambleFi crypto projects to gain traction? This article uses the basic fundamentals of this new token to gauge its future potential.
What is Rollblock?
Rollblock is a blockchain-based online gambling platform that provides a good selection of casino titles, spanning table games, virtual games, special games, and live casino games. The gambling platform also caters to sports punters with its sportsbook that covers scores of betting markets, including football, basketball, golf, boxing, and MMA amongst others.
With the projection that the gambling market will reach a market valuation of over $650 billion in the coming years, Rollblock is seeking to bite into the market share of its contemporaries in the casino landscape.
At its core, Rollblock is crypto-friendly, supporting major crypto assets like BTC, ETH, USDT, BNB, SOL, and DOGE for deposits and withdrawals. As part of its efforts to maximize the powers of cryptocurrencies, Rollblock has finally launched its native token, known as RBLK. With that, the platform is following in the footsteps of some top casino platforms like Rollbit and TG.Casino that have also launched their native coins.
Being the utility token of the Rollblock ecosystem, RBLK opens up numerous reward possibilities like staking, rakebacks, gaming credits, and VIP perks. According to its whitepaper, holders of the token will receive a portion of the daily revenue generated by the casino. Likewise, staking RBLK attracts an annual percentage yield of 30%.
RBLK is currently in the fourth stage of its ICO and sells for $0.0172. The total supply for the token is 1 billion $RBLK. While 60% of this supply is allocated to early investors, the remaining 40% is set aside for marketing, exchange listings, rewards, and the project team.
To promote its stability and facilitate potential price growth, the platform plans to regularly use a significant percentage of its casino profit to buy RBLK tokens back. Also, Rollblock has embraced a burning model to strategically reduce the circulating supply of the token.
Rollblock Price Prediction – Is $RBLK The Next Rollbit Coin?
The viral success of the Rollbit token has become one of the most trending topics in the crypto industry. Built on Solana, this token powers the Rollbit casino ecosystem, serving as an entry pass for players to access its lottery program and also earn lucrative rewards.
A new $RLB Lottery drawing begins every 100 BTC blocks. Last round the Jackpot paid out $31,508.97!
Congratulations to all 101 players who won a prize!
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RLB took off in 2022 and was quick to gain a huge chunk of investors due to the solid reputation of its native platform and the surge of interest in the GambleFi sector. According to Statista’s recent data, the online gambling space has been experiencing significant growth in the last few years. At the time of writing, the market value of the industry has reached upwards of $200 billion.
Meanwhile, gambling-specific cryptocurrencies like RLB have greatly benefited from the rising adoption of online gambling. With RLB leading the charge, the GambleFi crypto sector has seen an upward trajectory, boasting an overall market cap of over $300 million.
Since its debut on exchanges, RLB has soared by more than 2000%, becoming the largest GambleFi token by market cap. However, beyond the aforementioned dynamics, another crucial factor that has contributed to RLB’s recent feats is its presence on Solana, one of the fastest-growing blockchain ecosystems in the world. In recent years, projects on this network have fully leveraged its high throughput, low cost, and popularity to gain traction.
Overall, RLB’s success sets the benchmark for what GambleFi tokens can achieve. Although it has retraced more than 66% from its all-time high of $0.2644, its price performance, particularly in 2024, has been quite decent. For instance, in the last 30 days, the RLB price surged 5% to trade at $0.08355.
That being said, $RBLK is another crypto project that’s aiming to ride in the wave of the buzz around GambleFi tokens to earn the attention of the investing community. Like RLB, RBLK is also tailored to provide a host of benefits to investors and casino players.
More so, aligning with other top gambling-based presale cryptos, RBLK takes a deflationary posture to further strengthen its value and investment experience. Nevertheless, the major factor that will push its price in the long run is the performance of its casino platform.
If Rollblock is able to establish itself in the market and probably attract the level of player base enjoyed by Rollbit, RBLK stands the chance to replicate the success of RLB.
Rollblock ($RBLK) Presale Alternative – Mega Dice
Launched in April 2024, DICE is another GambleFi presale investment option that has taken the entire crypto world by storm. It is the latest offering of Mega Dice, one of the leading Bitcoin casinos around. Despite entering the market in the middle of 2023, Mega Dice has quickly carved a unique niche for itself, becoming the ultimate choice of many crypto gamblers.
In recent months, Mega Dice has garnered accolades from top-tier casino review platforms due to its different arrays of gambling possibilities. From a wide range of exhilarating slots to multiple varieties of table games, crypto games, and live casino themes, Mega Dice has got everyone covered.
In addition to this, Mega Dice has an anonymous sports and esports betting segment that caters to diverse choices of crypto punters. When real athletes are at rest, Mega Dice’s esports department ensures that gamblers still have more than enough betting opportunities to explore. As such, it is no fluke that it has been turning heads since its debut, boasting over 50,000 active users and a monthly revenue of more than $50 million.
However, by launching DICE, Mega Dice is aiming to build an inclusive ecosystem where every community member will be a part of its future success. DICE offers many incentives, including daily casino bonuses, limited edition NFTs, airdrops, and even early access to all the exclusive gaming features embedded in the Mega Dice ecosystem.
Similarly, buying DICE while at presale, provides the opportunity to earn a daily income that’s determined by the performance of the casino. The token can also be used to wager on games and unlock regular rakebacks. There is also a 25% referral bonus for those who invite people to participate in the token presale.
Like Rollbit, major crypto experts expect DICE to ride on its presence on Solana and the well-established foundation of its casino platform to become the next big crypto in the GambleFi market.
With over $1.6 million raised, the buzz around DICE is real and showing no sign of slowing down anytime soon. Those willing to get in on the ground floor before its anticipated DEX listing should visit megadicetoken.com to partake in the token presale.
Priced at $0.10, investors can purchase DICE using major cryptos like SOL, ETH, and BNB.
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