Many investors back cryptocurrencies because of their price and not what they actually offer. This often leads to poor long-term rewards as people ultimately lose interest when they realize the token has little utility. Filecoin and Optimism appear to be suffering from these factors, although Filecoin arguably has a valid use as a decentralized storage solution.
In contrast, blockchain technology and tokens like Rollblock that have a valid use flourish. This online casino and crypto token is in the presale stage and has already increased in value by 75%. Crypto gaming is something anyone can enjoy, but other features like staking and revenue sharing give Rollblock additional utility that helps it stand out.
Filecoin’s Decentralized Storage Solution Falters
Filecoin is one of the more promising blockchain solutions, and it aims to create a huge decentralized storage network. The premise should draw great attention and investment, but recent price drops for Filecoin suggest otherwise. Filecoin peaked at $11.47 earlier this year in March, but since then, it has been in freefall. Prices in the last month for Filecoin have stabilized somewhat, but it still sits at $4.33 which represents a 2.27% drop since June.
The Superchain Ecosystem Optimism Shares a Similar Fate
Optimism is a blockchain network that offers a range of functions. Optimism offers strong infrastructure and app deployment, but investors seem uninterested due to Optimism competitors who own a greater share of the market. Like Filecoin, Optimism had a peak in March but has dropped steadily to its current position of $1.64, which actually represents a 64.11% drop in overall value since its release.
Investors Pivot to Rollblock With its Staking and Revenue Sharing
Rollblock’s main feature is its online iGaming platform, this fully licensed platform is already live with a mass of popular casino games to play. It uses blockchain technology, and customers play games with $RBLK – the native token. To get started, investors can simply sign up with their email or crypto wallet, no KYC checks are required.
Over the next few months, Rollblock plans to add several new features to its ecosystem. One such feature is sports betting, which will let investors place crypto bets on major sporting events. This development is expected to further drive up Rollblock’s price, allowing it to outperform altcoins like Filecoin and Optimism.
What really sets $RBLK apart is the project’s tokenomics. Rollblock will use up to 30% of its weekly revenue to buy back and burn $RBLK from the open market. These tokens will be equally split between token burning and rewards, increasing scarcity while building a dedicated community of token holders.
With these features and the popularity of the global iGaming industry, it’s plain to see why investors are flocking to the presale. $RBLK tokens are currently selling for just $0.0175 during stage four, though they are expected to balloon up to 800% by the end of the presale.
With over $1.7million raised in less then two months and the RBLK token rising in value by 75% since its initial price of $0.01 many investors believe it possesses the necessary potential to 100x by 2024.
Dive Into the Rollblock Scene and Find Out How you Can Become Part of the Presale
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino