- Last Price₹4.04
- Market Cap₹8.16B
- All-Time Low₹0.08
- Circulating Supply2.01B
- Turnover (24h)₹19.95M
- All-Time High₹22.61
- Total Supply2.01B
- Fully Diluted Market Cap₹8.16B
Learned by 255 usersPublished on 2024.04.01Last updated on 2024.12.03
₹4.04
+0.58%Note: The project description is sourced from official materials provided by the project team. However, it is important to note that these materials may be outdated, contain errors, or omit certain details. The provided content is for reference purposes only and should not be considered investment advice. HTX does not assume any liability for any direct or indirect losses incurred as a result of relying on this information.
How to Buy Rollbit Coin (RLB)Learn now
In the ever-evolving world of cryptocurrencies, Rollbit Coin ($RLB) stands out as a key player within the innovative GambleFi sector. Established as part of the Rollbit platform, $RLB integrates gambling with decentralized finance (DeFi), creating a unique ecosystem that combines traditional online gaming with the cutting-edge technology of blockchain. Since its launch in February 2020, Rollbit Coin aims to redefine how users interact with gaming, trading, and staking, positioning itself as a versatile cryptocurrency in a competitive market.
Rollbit Coin ($RLB) functions as the native digital currency within the Rollbit platform, a comprehensive ecosystem facilitating online casino activities, sports betting, futures trading, and a burgeoning NFT marketplace. The primary objective of $RLB is to streamline transactions within this multifaceted environment, ensuring both transparency and security through blockchain technology.
In essence, Rollbit Coin exists to enhance user engagement on the platform, allowing participants to maximize their experience while contributing to the dynamic economy of Rollbit.
The specific identity of the creator behind Rollbit Coin ($RLB) remains undisclosed. Available resources do not provide information regarding the founders or developers involved in the project. Thus, the creator of $RLB is currently classified as unknown. This anonymity is not uncommon in the cryptocurrency space, where many projects prioritize decentralization and user-driven governance over individual recognition.
Identifying the investors behind blockchain projects can significantly add to their credibility, providing reassurance about their financial backing. However, as with the project's creator, concrete information regarding the investors supporting Rollbit Coin ($RLB) is absent from available sources. Therefore, the specific investment foundations or organizations that may back this initiative remain unidentified.
Understanding how Rollbit Coin operates is essential to appreciate its role within the broader Rollbit platform. Here are some of the standout features that exemplify the uniqueness and innovation behind $RLB:
$RLB tokens serve as entry tickets for participation in the Rollbit lottery. Remarkably, 20% of the casino's profits are allocated for sharing among participants in this lottery. This feature not only incentivizes users to engage with the token but also promotes a sense of community within the platform.
From the outset, $RLB provides users with diverse utility, tied closely to the platform's various offerings. The rewards derived from engagement—such as profitable lottery wins—help to reinforce the use of $RLB as a functional currency within the gambling ecosystem.
$RLB acts as a means of transaction within the Rollbit platform's gaming and trading sections. Its implementation facilitates seamless exchanges, whether trading futures or engaging in online casino games, maximizing user engagement through an easy-to-use currency.
One of the central features of $RLB is its staking mechanism, where participants can stake their tokens to enter lotteries. This process not only offers a chance for rewards but also contributes to a deflationary model. By progressively reducing the circulating supply of $RLB, the staking framework encourages demand and potential value growth over time.
In conclusion, the innovative mechanisms underpinning Rollbit Coin position it as an important tool for users, enhancing their interaction with the platform while supporting the currency's long-term viability.
A detailed timeline can illuminate the significant milestones in the journey of Rollbit Coin. Here’s a succinct overview of key events that highlight $RLB's evolution:
This timeline not only marks significant achievements within the project but also showcases Rollbit's commitment to continuous growth and innovation.
Rollbit Coin encompasses distinct features that solidify its role within the cryptocurrency marketplace. Some of these noteworthy characteristics include:
The total supply of $RLB is limited to 5 billion coins. This capped limit introduces a scarcity dynamic, which can influence demand and perceived value.
Participating in the lottery requires staking $RLB tokens, accompanied by a modest 0.20% staking fee that is split between burning a portion and redistributing the rest to users who have staked their tokens. This mechanism not only encourages engagement but also promotes a deflationary aspect of the token economics.
The virtual economy surrounding $RLB is designed to incentivize reduced circulating supply, which means that, as more tokens are staked, fewer will be available in the market. This potential price support can lead to an increase in demand and overall token growth.
Within the Rollbit platform, $RLB provides comprehensive utility for engagement across gambling, trading, and lottery activities, ensuring usability and relevance as users interact with various services.
For interested users and investors, the storage and trading options for $RLB are designed to ensure accessibility and ease of use. Here are some pertinent details:
Users can securely store their $RLB tokens using compatible wallets. Prominent options within the ecosystem include Phantom Wallet and MetaMask, which facilitate easy management of digital assets.
$RLB tokens are available for trading on a variety of cryptocurrency exchanges. This allows users to buy and sell $RLB in real-time, fostering liquidity and flexibility for participants wanting to engage with the token dynamically.
Rollbit Coin ($RLB) emerges as a significant entity in the rapidly developing domain of GambleFi, combining fun, utility, and profitability within a stringent blockchain framework. While some details regarding its creators and investors remain elusive, the functional aspects of the currency and the innovative features embedded within the Rollbit platform provide a promising outlook for users and participants alike. As the project continues to evolve and expand its capabilities, $RLB represents an engaging opportunity for those looking to explore the intersection of cryptocurrency and online gaming.
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