Thread by @diceminded

I've been seeing people mention $RLB @Rollbit on Twitter and Discord so I decided to do some research and share my own take

I hope this is found useful and helps you make your own decisions

Let's begin:

Rollbit is an online crypto casino launched in Feb 2020

The team built out a profitable business first before even launching the token $RLB 2 years later in Dec 2021 as an airdrop to it's users

There was no ICO, meaning no VCs

Rollbit, unlike other online crypto casinos, offers more than just slots and sports bets:



- NFTs and lending

- A token $RLB

- Up to 1000x leverage on crypto futures



Rollbit seems to have everything a degenerate gambler needs

1000x leverage



It’s peak degeneracy

It sparks conversations

It’s free marketing



Seems logical that this alone continues to attract many to the platform

Rollbit offers NFT Loans and boasts “highest LTV on the market”

They made it convenient for gamblers to take out loans on their jpegs to keep funding their degenerate gambling addictions

The RLB Lottery is an event that rewards winners 20% of Rollbits casino profits every ~16h



To enter you stake $RLB, where a 0.2% staking fee occurs with half of that getting burnt



This makes the Lottery a deflationary mechanism that rewards gamblers and decreases supply

Here's some Lotto stats

We can see that Jan has seen a large increase in lottery size, indicating more user activity on the platform

However, amount of tokens being staked & burned is decreasing quickly

This is because holders opt to hodl as $RLB price increases.

But as the Lottery prize pool continues to grow, it becomes more enticing to stake



Which in turn should lead to more burns



Since Jan 2022, 34.06% of total supply is burnt

Remember the other 0.1% staking fee?

That gets airdropped directly to holders of their NFT collections, Rollbots and Sportsbots

Just last year 2022, Rollbot NFT holders earned $50m, among other benefits

But how much is Rollbit earning?


If the Lottery is 20% of casino profits, based on the image below that means Rollbit took home $39,496,024 in profits

in 2022

To put into perspective, the current market cap is just ~$90m

However we know through history that good ponzinomics don't last forever, so why would Rollbit?


Let's not forget there's something real here: it's a real online crypto casino first



Let's look at some data:

Here’s what I found on Semrush of a more well known online crypto casino, Stake.com



Since Jan '20, Stake has seen consistent growth in organic traffic, an avg +200% each year

Now let’s compare Rollbit vs Stake

Image 1: Products available
Image 2: Traffic data

Notice the difference? Now what happens when Stake users realize there’s a better casino with more to offer?

Not to mention a way to make money without losing it on slots ($RLB)?

Rollbit and Stake share the same game aggregator, Softswiss



Softswiss is partnered with many top online casinos and therefore can gather noteworthy data on player behaviour



Their data shows an increase in users betting with crypto vs fiat

Although I use Stake as a single reference point in this thread, it's clear that in general the amount of people gambling online with crypto is increasing



This aligns with a tweet by @GCRClassic regarding decentralized casinos/ponzis

Rollbit has esports and normal sports betting, but our focus will be on esports



Esports is a billion-dollar industry dominated by Asia, and more specifically China



Here's data Uplatform (sportsbook provider in the Asian-Pacific market) shared in Oct '22:

Also in Oct ‘22, Hong Kong made headlines when it announced plans to legalize retail crypto trading with intent to become Asia's 'crypto hub'

With GCR's belief that “China, (and Asia in general) will fuel the next run”, it seems Rollbit is a perfect fit

The team is innovative. They continue to build and excite, and clearly know their pumpamentals / ponzinomics



Shown below is Rollbit's Co-Founder @Lucky_2147 teasing their latest idea

They even partnered with resident sportsbook degenerate @gainzy222 to bring more awareness to the platform

Right now $RLB is only purchasable on Solana, which deters most from buying

However, 100% of the entire token supply is in circulation

and again, there are no VCs to dump on you

You can track total supply left on the Lottery page

If Rollbit can obtain a CEX listing in early 2022 like their Roadmap says, it opens the floodgates to a lot of buying pressure

To summarize:

Rollbit is on the rise and for good reason: it has everything any degenerate gambler needs

With a current mcap of just under ~$90m, a low unit cost bias of a couple cents, and only purchasable on Solana, a CEX listing could push Rollbit to go viral

If you made it this far, I appreciate you

I personally think this is a gem and we're very early

Credit to @KaminoCrypto @cryptocevo @ChrisRomanoC @Shitcoin_Surfer for their tweets on $RLB and thank you @Y2Valey for sharing his thoughts with me in dms

Also feel free to sign up using my referral link if you'd like

rollbit.com/referral/dicem…

Much love

Oops clear mistake here! Can't edit cuz acc too new so just close ur eyes and pretend it didn't happen ty

@rollbit i totally tagged the wrong @rollbitcom