While Ethereum (ETH) coin has established itself as a deflationary asset due to widespread adoption in the altcoin market, Shiba Inu (SHIB) has also received a similar acclamation as it secures top ranking position among meme coins. Can the new and revolutionary token, Rollblock (RBLK), which is standing out in the presale arena for its GambleFi protocol, be more of a deflationary asset than these coins? Let’s find out about the new revolutionary online gambling platform and if it has the potential to thrive in the altcoin market.
Rollblock (RBLK) Aims for Top DeFi Coin Spot With Transparent Online Gambling Protocol
With the potential to offset the current $19B GameFi market, a new GambleFi protocol has surfaced. Called Rollblock (RBLK), this new gambling platform combines traditional gaming with decentralized finance in an interesting way that could make it one of the best cryptos to buy now. Rollblock is particularly designed to bridge the gap between centralized gaming and decentralized gaming by empowering users to stake in a platform where transactions are fair and transparent.
Meanwhile, to give its users further assurance, Rollblock casino is fully operational and licensed by Gaming Curacao, which guarantees compliance and security for players. An additional benefit that Rollblock provides is the revenue share program, which rewards token holders with up to 30% of the platform’s revenue on a weekly basis.In practical terms, Rollblock provides these benefits to its token holders by incorporating a token burn mechanism into its revenue sharing process.
As a result, 50% of purchased tokens will be permanently removed from circulation, while the remaining 50% will be allocated for staking rewards, offering attractive APYs to holders in the crypto space. Furthermore, Rollblock is designed for user convenience. Participants can access the platform without undergoing KYC requirements or downloading additional installations—a factor that reflects its potential to rank among top DeFi coins.
Last but not least, Rollblock is committed to continuous improvement, and is eager to partner with others to make the player experience even better. The platform is constantly evolving and players can expect even more adoption which will make it more deflationary. With features like no KYC, instant buyback, and bonuses, Rollblock is set to stand out in the online gambling market.
Ethereum’s (ETH) Recent Merge Upgrade Significant Reduced Inflation
After switching to a proof-of-stake (PoS) consensus mechanism from a proof-of-work (PoW) on September 15, 2022, Ethereum (ETH) has undergone notable changes in its supply dynamics. This Ethereum Merge upgrade replaced the previous PoW setup, thereby removing a significant portion of miner supply from the market and burning a portion of transaction fees, notably the base fee.
After the Merge, Ethereum network has shown deflationary behavior, with the supply reaching a peak of nearly 120.534 million $ETH three weeks later. As the top token in the altcoin market, Ethereum coin has the potential to remain a deflationary asset in the crypto space so long as its network activity is maintained.
Shiba Inu Token (SHIB) Sees Growth From Its Deflationary Strategy But Not Enough
Having emerged as one of the most valuable meme coins which was even supported by Elon Musk, Shiba Inu (SHIB) token has seen an impressive progress rate that has garnered over $13.8B ti its market cap. Its burning mechanism has also influenced SHIB price movement severally.
Shiba Inu’s token burning strategy has further resulted in the removal of over 82.13 million SHIB tokens from circulation, but the impact on its price has not been so much due to its enormous circulating supply of over 589.2 trillion Shiba Inu tokens. However, the dev team is contemplating burning more coins and entering the Metaverse. This could enhance the value and deflationary nature of the Shiba Inu token.
What Are The Chances of Rollblock Achieving the Top Deflationary Status?
Due to Rollblock’s innovative GameFi protocol, revenue-sharing program, token burn mechanism, and commitment to continuous improvement, some analysts believe there is a strong chance for it to achieve a top deflationary status in the crypto space.
Find out more about the Rollblock (RBLK) presale below:
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
The post Rollblock (RBLK) Could be Poised to Revolutionize Online Gambling, Promising Greater Deflationary Mechanisms Than ETH and SHIB appeared first on CoinJournal.
