Is Axie Infinity Going to Zero? Investors are Buying SCORP to Offset Risks
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
Axie Infinity (AXS) still maintains its status as one of the most popular play-to-earn cryptocurrencies in the market.
But at what cost?
It has lost 65.41% in a year, 24.13% in a month, and 15.97% in a week.
With the underlying project failing to show any real progress that can onboard new users or just retain existing ones, we can rightly conclude that AXS is going to zero.
SCORP is emerging as a top AXS contender
Scorpion Casino’s rise to prominence as one of the most promising play-to-earn cryptocurrencies in the market has been rapid. Ever since the project’s announcement, it has been capturing the attention of cryptocurrency enthusiasts and online gamblers alike.
The project marks itself off in the crowded niche with a focus on the gaming experience and security – two things that most participants lack, including Axie Infinity. The integrated passive income streams further take the project to people who are interested in the investment aspect more than gaming.
Scorpion Casino, on the other hand, features gripping games dedicated to people of or above the age of 18. You will find a wide array of casino, live betting, sports betting, and crash games on the platform.
The platform has formed partnerships with well-known gaming providers like Evolution, NetEnt, Play N Go, Novomatic, EGT, and AMATIC to bring a broad array of games to the ecosystem. Additionally, collaborations with BetRadar and CoinsPaid ensure the most optimal user experience for players.
SCORP vs. AXS from an investment perspective
And when it comes to the investment aspect in 2023, Axie Infinity has a massive market cap of over $695M, whereas Scorpion Casino (SCORP) is just beginning its journey. In other words, early investors of SCORP are looking at substantially larger potential returns than Axie Infinity. Not just because it has been descending for the most part of the year.
Even if AXS were to reverse the trend, its potential ROI is confined to the 30%-100% range this year. SCORP, on the other hand, can give anywhere from 800% to 1500% returns for early investors after its initial exchange listing.
Not only does Scorpion’s low initial market cap leave vast space for expansion, it introduces staking and burning mechanisms to support its value once it goes live on exchanges. (But you can start earning the staking income right from the presale stage.)
These three factors position Scorpion Casino as the leading crypto gaming hub of 2023.
Truth be told, the Axie Infinity ecosystem suits children and teens better than adults who can afford to pay money to make money. Despite its surge in 2021, its gaming community has been deteriorating as a result. Like most crypto gaming projects, Axie Infinity forgot gamers drive the success of a gaming ecosystem. Not investors.
Of course, Axie Infinity is no stranger to staking and passive income. But we know how that unfolded over the years. That naturally raises concerns about the robustness of Scoprion’s staking system as well.
Will staking cripple the internal SCOPR economy just as AXS staking dampened Axie Infinity?
No. There are multiple compelling reasons that substantiate the credibility of the SCORP staking system.
Scorpion Casino offers reliable passive income up to 10,000 USDT daily
Needless to mention, the passive income offer is one of the highest in the market. But is it the best? More importantly, how realistic is it?
Let’s see.
To begin with, the passive income is tied to the performance of the gaming ecosystem rather than the tokenomics. A portion of the project’s gaming revenue is set aside to support the steady and sustainable rise of SCORP.
Half of the allocated sum goes to the staking reward pool and is distributed as passive income to staking participants. Another half goes to a burning mechanism. Both bring down the supply of the token in the open market and support its price.
In conclusion, the passive staking income is reliable as long as the gaming ecosystem maintains a growing user base. A close analysis of the casino, sports betting, and crash games reveals that the platform will onboard a vast user base over the next few months. Scorpion Casino offers 30,000 betting opportunities monthly. As of now, it hosts 210 casino games and 160 live games, in addition to dozens of sports betting contests and crash games.
The various sports betting opportunities cover football, tennis, American football, horse racing, basketball, golf, boxing, and MMA.
What about security?
AXS lost its credibility with the Ronin attack. Ever since the unfortunate incident, it has been struggling to make its way ahead.
Scorpion Casino addresses the security concerns that are common in the gambling and crypto arenas to build its credibility.
- It holds a license from the Curacao EGaming entity.
- It has undergone third-party audits by Solidproof, certifying its security measures.
- The team’s verification by Assure DeFi adds an extra layer of trust and prevents rug pulls.
- Scorpion is provably fair due to its blockchain makeup.
The SCORP presale is now live, giving early investors the opportunity to make significant gains in the short and long run from its journey ahead.
To stay tuned about the project development, giveaway contests, and updates about the token presale, join the Scorpion Casino community on Telegram and Twitter.