Less than a month since its presale launch, Rollblock ($RBLK) has racked up 3,500 users, many of whom are already taking advantage of the 150+ games on their fully operational and licensed casino.
Cryptopresaleplatform Rollblock ($RBLK) has seen huge success in the past few weeks, with 3,500 users joining the platform and taking advantage of the 150-plus games on its fully operational and licensed casino. Now, in anticipation of adding sports betting to the platform, Rollblock is giving away $20,000 to fans who make correct score and results predictions during the Euro24 football tournament. Add in the fact that users just need to enter their email address to use the platform thanks to its secure encryption—no need for Know Your Customer (KYC) verifications—and it’s easy to see why Rollblock is quickly becoming one of the hottest cryptopresales of 2023.But how does Rollblock compare to other popular layer-1 blockchains like Fantom ($FTM) and Toncoin (TON), which are also seeing interesting price action of late. Let’s take a closer look.
Fantom ($FTM) Prepares for Sonic Rebrand ($S)
After beginning the year at a price of around $0.25, Fantom's price has increased by over 140% to reach a high of $0.8305 on March 27. However, the price has since decreased and is now trading at $0.614. This relative lack of price movement could be impacted by upcoming news, with Fantom preparing for a rebrand and a shift in its tokenomics. The blockchain will be rebranded as Sonic and its native token will shift from FTM to S. According to the project’s team, the rebranding is designed to better reflect the blockchain's capabilities and resonate with a broader audience. Sonic will also introduce several new features, including a virtual machine optimized for WebAssembly (WASM), which is expected to improve the blockchain's performance and scalability. However, the new branding and tokenomics will not be impacted by the upcoming hard fork, which is expected to occur on April 19 and will introduce several technical upgrades to the blockchain. The Sonic chain will launch later this year. Despite being up over 100% for the year, Fantom is still down around 95% from its all-time high of $4.6. This has led many investors to choose layer-1 blockchains as an investment, especially given that it has fallen 25% in the past month.
Phishing Fears Weigh Heavy on the Toncoin Community
Toncoin, the native token of the TON blockchain, has also seen interesting price movements and problems in 2023. While Toncoin's price has increased by 16% over the last month to reach $3.85, the blockchain is facing problems as it tries to deal with the scamming threat posed by its connection to the Telegram messaging app. The TON-Telegram ecosystem is littered with phishing attempts by malicious bots through forms, message groups, and airdrops. This has knocked confidence throughout the Toncoin ecosystem, and could cause Toncoin’s price to drop in Q3. Earlier this year, cybersecurity firm Kaspersky posted a warning to Toncoin (TON) and its customers about a major scam targeting TON ecosystem users. The scam involves rogue unofficial Telegram bots that steal Toncoin users’ coins by linking their Wallet, a third-party cryptocurrency wallet on Telegram, to the bot system. Despite this growing problem, Toncoin's price has increased by 16% over the last month.
Rollblock Continues To Disrupt The $450bn Gambling Market
The rapidly expanding GambleFi market, which is expected to reach a staggering $179 billion by 2028, sees Rollblock as a formidable competitor. Interestingly, Rollblock uses blockchain technology to provide unparalleled transparency and improved functionality, in contrast to traditional casinos that have opaque practices. Together with its approved gambling platform, this gives RBLK a competitive advantage over its competitors. Furthermore, Rollblock enhances privacy by doing away with KYC verifications, promoting anonymity for users who value their privacy. It has already launched its licensed crypto casino, which accepts over 20 top cryptocurrencies and boasts over 150-plus games from players to choose from. Every transaction and bet is stored on the blockchain, thus, users can confidently engage in any gambling activity because they know it’s fair and cannot be manipulated.
Another feature that sets Rollblock apart from other platforms is its extraordinary revenue-sharing model. Up to 30% of weekly profits are used to buy back RBLK tokens from the open market. 50% of these tokens are then burned and the remaining half is utilized for staking rewards. This mechanism will add strong buying pressure to the chart, will make the token highly deflationary, and will provide some
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