Rollbit Keeps their good work a continuous 20 week transparent revenue numbers on their dashboard.
And as for December 26th, almost 20 million RLB tokens were burnt according to the sum of Cassino (10%) , Futures trading (30%) and Sports (20%) revenues.
We're in a bullrun and they RLB will only get a bigger spotlight in rankings. Right now they're nº140 market cap in coingecko.
Keep on rolling baby!

Rollbit is a crypto casino built on the Ethereum blockchain, presenting games and sports betting options and NFT functionality

Rollbit Coin

Taiamã Demaman

There are 3 big risks when it comes to this type of website:

Regulatory risk - Will regulators put them out of business?
Fair play - Are the games fair and do they actually follow the rules that they say they are?
Safety of funds - Will the founders take the money and run?

It doesn't seem like #1 is much of an issue. They are operating out of Curaçao and the regulators there don't seem to care too much about this company. However, Curaçao is technically part of the Kingdom of the Netherlands. So there could be some problems if the Netherlands decides to press the issue. But it seems like Curaçao is mostly on its own in terms of regulation.

However, #2 and #3 do seem to be an issue. Now granted, there can potentially be a lot of fake reviews on both sides. But as I read through the reviews on TrustPilot, the negative reviews seem to point to classic scams like stalling withdrawals and randomly closing accounts. I don't know how true this is, but many of these reviews look legit.

To me, the high leverage and alternative jurisdiction are fine, as long as they are delivering on their promises. But it doesn't seem like they are.

There are 3 big risks when it comes to this type of website: 

1. Regulatory risk - Will regulators put them out of business? 
2. Fair play - Are the games fair and do they actually follow the rules that they say they are? 
3. Safety of funds - Will the founders take the money and run? 

It doesn't seem like #1 is much of an issue. They are operating out of Curaçao and the regulators there don't seem to care too much about this company. However, Curaçao is technically part of the Kingdom of the Netherlands. So there could be some problems if the Netherlands decides to press the issue. But it seems like Curaçao is mostly on its own in terms of regulation. 

However, #2 and #3 do seem to be an issue. Now granted, there can potentially be a lot of fake reviews on both sides. But as I read through the reviews on TrustPilot, the negative reviews seem to point to classic scams like stalling withdrawals and randomly closing accounts. I don't know how true this is, but many of these reviews look legit.

To me, the high leverage and alternative jurisdiction are fine, as long as they are delivering on their promises. But it doesn't seem like they are.

Tartarian

Rollbit is a multifaceted platform that successfully merges cryptocurrency trading, gambling, and NFTs. It offers users a one-stop destination for gaming, crypto enthusiasts, and risk-takers. The platform's user-friendly interface and an extensive selection of casino games have made it appealing to a diverse audience.

One standout feature is the native token, $RLB, which has experienced significant price growth, making it attractive to investors. The tokenomics model, including a Buy Back and Burn mechanism, adds to its appeal.

However, Rollbit has faced regulatory and licensing issues, such as losing its Curacao gaming license due to offering 1,000x crypto derivatives that fell outside the license's scope. This highlights the challenges of pushing innovation within regulated environments.

While the project has been successful and offers a range of options for users, there are concerns about the lack of transparency regarding the team, reports of not paying influencers, and regulatory risks. These factors may raise red flags for some investors.

In conclusion, Rollbit has managed to create a unique platform that combines elements of gambling, trading, and NFTs, attracting both users and investors. However, potential investors should exercise caution due to regulatory uncertainties and transparency issues. It's a project with promise, but it comes with its share of risks.

RayRay

Rollbit is the biggest web3 casino with a fully diluted market cap of close to $600M and I would make the bold claim that during the next bull market, we could see a market cap of $30B being reached.

Look at the analytics, and understand that "revenue from Casino (10%), Sportsbook (20%) and 1000x Futures (30%) will be used to buy and burn RLB on a daily basis.". Rollbit made $39.6M of revenue last month, and currently traded at a P/E ratio of 1...(very much undervalued). So, in that last month, burning from Casino revenues were $2.6M, $2.5M from Future's income, and $1M from  Sports revenues, that's about 51M RLB taken out of the market in 1 month on a 5B total supply? These numbers must be wrong, I'd be happy if another analyst could double check, as this would imply massive deflationary pressure.

Why is this tokenomics model better than anything else? Let's take an example like STEPN, where 99% of users aim to make more money than they spend, so the entire economic model fall on itself, meanwhile casino's are known to be filled with users that lose more than they earn, so it's the entire opposite. It is entirely possible to reward a small fraction of users with large returns, while most lose, but the one that do not lose is the house, in which case the house are partially the token holders. I'm not a gambler, but I have no problem profiting from those who love to gamble. I'm only afraid of the technology and regulatory risk of this project. The crypto market is filled with crypto degens that buy into meme coin for the exact purpose of gambling, so I have no doubt that the GambleFi narrative is here to be a massive success come the next bull run.

[Rollbit](https://rollbit.com) is the biggest web3 casino with a fully diluted market cap of close to $600M and I would make the bold claim that during the next bull market, we could see a market cap of $30B being reached.

Look at the [analytics](https://dune.com/dcfpascal/rollbit), and understand that "revenue from Casino (10%), Sportsbook (20%) and 1000x Futures (30%) will be used to buy and burn RLB on a daily basis.". Rollbit made [$39.6M of revenue last month](https://coinmarketcap.com/community/articles/65117054ee04db7c02d40d57/), and currently traded at a P/E ratio of 1...(very much undervalued). So, in that last month, burning from Casino revenues were $2.6M, $2.5M from Future's income, and $1M from  Sports revenues, that's about 51M RLB taken out of the market in 1 month on a 5B total supply? These numbers must be wrong, I'd be happy if another analyst could double check, as this would imply massive deflationary pressure.

Why is this tokenomics model better than anything else? Let's take an example like STEPN, where 99% of users aim to make more money than they spend, so the entire economic model fall on itself, meanwhile casino's are known to be filled with users that lose more than they earn, so it's the entire opposite. It is entirely possible to reward a small fraction of users with large returns, while most lose, but the one that do not lose is the house, in which case the house are partially the token holders. I'm not a gambler, but I have no problem profiting from those who love to gamble. I'm only afraid of the technology and regulatory risk of this project. The crypto market is filled with crypto degens that buy into meme coin for the exact purpose of gambling, so I have no doubt that the GambleFi narrative is here to be a massive success come the next bull run.

Crypto Rookies

Is $RLB worth a buy? I believe it is and I will explain why, but there are some important factors to keep in mind first. It is currently priced at 0.12c, this is not an attractive buy for me at this level. After its recent impressive run to a peak of 0.20c, it's now in a cooling-off phase. My target to start entering would be around 0.07c or lower.

Now, let's dive into why I think $RLB has potential. Firstly, it boasts a robust set of deflationary tokenomics. These tokenomics, combined with the Buy & Burn mechanism that allocates 10% of Rollbit's Casino, 20% of its Sportsbook, and 30% of its 1000x Futures revenue for RLB's buy and burn program have proven to be a successful business model thus far.

Rollbit has also exhibited resilience over the past few years, regardless of market conditions, I think its innovative approach and its diverse product offerings have helped here. Whether in a bull or bear market, their products have consistently generated revenue. This demonstrates that the project has the strength to endure and is likely to remain resilient for the foreseeable future, reducing the risk associated with holding $RLB tokens as a longer term investment.

However, what many may not realize about this token is that while it's currently associated with a casino, Rollbit is evolving into more than just a high-volume crypto casino. It's also becoming a high-volume crypto derivatives exchange. I know several scalpers who use their platform for day trading, and the volume on their exchange reflects this traction. $RLB is transforming into more than just a casino token that offers opportunities within the casino's lottery system. It is on track to become an exchange token as well in my opinion. In the world of crypto, history has mostly shown us that high-volume exchanges that gain popularity their tokens tend to perform very well. Therefore, if Rollbit's popularity continues to grow I would be in the thinking that history could rhyme again here ands its token price could continue to rise also.

Overall while the current price may not be enticing, the combination of deflationary tokenomics, the Buy & Burn mechanism, Rollbit's resilience and its current evolution into an exchange token make $RLB worth considering for myself.

Jeppopo

While many know Rollbit as a trading platform that offers significant (and somewhat irresponsible) leverage of up to x1000, It is actually a full-fledged casino with traditional gambling games including popular ones like roulette and blackjack.

The native token of the Rollbit gaming platform is known as Rollbit Coin ($RLB) which has the ability to revenue share, reduce trading fees, and enter RLB-specific lotteries.  Although Rollbit Coin initially made its debut on the Solana blockchain, it later migrated to the Ethereum blockchain in late June.

Despite having a fixed supply of 5 billion tokens, the market already has over 3 billion $RLB tokens in active circulation. As such, the founder of Rollbit, known as @Lucky_Rollbit, introduced updated tokenomics for the $RLB token which introduces a robust burning mechanism that benefits from substantial portions of the platform's revenue. The efficacy of this mechanism can be observed through a live tracker available on Rollbit's website, showcasing its success in eliminating close to 2 billion tokens from the circulating supply.

While many know Rollbit as a trading platform that offers significant (and somewhat irresponsible) leverage of up to x1000, It is actually a full-fledged casino with traditional gambling games including popular ones like roulette and blackjack.

The native token of the Rollbit gaming platform is known as Rollbit Coin ($RLB) which has the ability to revenue share, reduce trading fees, and enter RLB-specific lotteries.  Although Rollbit Coin initially made its debut on the Solana blockchain, it later migrated to the Ethereum blockchain in late June. 

Despite having a fixed supply of 5 billion tokens, the market already has over 3 billion $RLB tokens in active circulation. As such, the founder of Rollbit, known as @Lucky_Rollbit, introduced updated tokenomics for the $RLB token which introduces a robust burning mechanism that benefits from substantial portions of the platform's revenue. The efficacy of this mechanism can be observed through a live tracker available on Rollbit's website, showcasing its success in eliminating close to 2 billion tokens from the circulating supply.

Big_Ed

Disclaimer : I do NOT promote gambling in any form, even though I love to gamble.

This project has managed to combine casino-like gambling and sports betting with x1000 leverage trading and buy/trade/gambling/take loans against NFTs with impressive revenues.

I'm afraid they've built the product too well. The product interface is amazing, I honestly ended up spending 5 hours straight on the platform the first time. With a whopping 4484 live casino games from 49 providers, sports betting across 40 different sports types including Football, Basketball, etc., $25k Daily Race events and Jackpots, they have a good spread of options for users.

If their native token $RLB chart is any indicator, look at the following stats :
All Time : +5924.35% | 1 Year : +12422.90% | 1 Month : +144.07% | 1 Week : +41.27%

However, be alert :
Regulation and licensing issues in the news
Reports of not paying out their influencers
No details about team on the website
All the above are major red flags for me.

All things said, love them or hate them, they're doing something right. For the same reasons, I've to give this project a solid 4/5 stars for my Micro Review.

#GamblingIsExtremelyAddictive!

Disclaimer : I do NOT promote gambling in any form, even though I love to gamble.

This project has managed to combine casino-like gambling and sports betting with x1000 leverage trading and buy/trade/gambling/take loans against NFTs with impressive revenues. 

I'm afraid they've built the product too well. The product interface is amazing, I honestly ended up spending 5 hours straight on the platform the first time. With a whopping 4484 live casino games from 49 providers, sports betting across 40 different sports types including Football, Basketball, etc., $25k Daily Race events and Jackpots, they have a good spread of options for users. 

If their native token $RLB chart is any indicator, look at the following stats : 
All Time : +5924.35% | 1 Year : +12422.90% | 1 Month : +144.07% | 1 Week : +41.27%

However, be alert :
- Regulation and licensing issues in the news
- Reports of not paying out their influencers
- No details about team on the website
All the above are major red flags for me.

All things said, love them or hate them, they're doing something right. For the same reasons, I've to give this project a solid 4/5 stars for my Micro Review.

#GamblingIsExtremelyAddictive!

ozora

1000x leverage trading, surely not?
This is basically gambling you say?
Well in that case why not just combine a 1000x futures crypto trading platform with a thrilling online gaming casino?

Well this is exactly what Rollbit have done and they have executed it very well.

This platform has become a one-stop destination for both gamers, crypto enthusiasts and absolute degens of the best kinds. The platform's user-friendly interface, commitment to security and broad selection of casino games from top software providers have made it very enticing to its audience as of recently.

Rollbit offers its native token, $RLB, which has gone up a whopping 10x in the last two months and serves as the utility token for their casino and also grants access to their lottery where 20% of the casino's profits are redistributed as prizes.

Rollbit however, was recently caught up in a bit of controversy because their Curacao gaming license got revoked due to the platform offering 1,000x crypto derivatives which did not fall under the license. This really highlights the challenges that can arise when pushing the boundaries of innovation within regulated environments.

1000x leverage trading, surely not? 
This is basically gambling you say? 
Well in that case why not just combine a 1000x futures crypto trading platform with a thrilling online gaming casino? 

Well this is exactly what Rollbit have done and they have executed it very well. 

This platform has become a one-stop destination for both gamers, crypto enthusiasts and absolute degens of the best kinds. The platform's user-friendly interface, commitment to security and broad selection of casino games from top software providers have made it very enticing to its audience as of recently. 

Rollbit offers its native token, $RLB, which has gone up a whopping 10x in the last two months and serves as the utility token for their casino and also grants access to their lottery where 20% of the casino's profits are redistributed as prizes.

Rollbit however, was recently caught up in a bit of controversy because their Curacao gaming license got revoked due to the platform offering 1,000x crypto derivatives which did not fall under the license. This really highlights the challenges that can arise when pushing the boundaries of innovation within regulated environments.

I think gambling and trading don't go together. Recent events involving Beaxy, a centralized exchange that has ceased operations due to allegations of the founder misusing company funds for gambling, underscore this incongruity. Additionally, the well-known case of Sam Bankman-Fried comes to mind, where he purportedly lost a substantial portion of FTX's funds, an estimated hundred million, through gambling activities.

RLB's concealed offering lies in derivative trading, a fact primarily attributed to its lack of proper licensing, a claim that contradicts their assertions. What's intriguing is that these contrasting products, a casino and an exchange, are both available on the same platform.

There've been claims that Rollbit is engaged in unethical practices by providing fake balances to influencers. Lastly, some say there they're hyping because there are blacklist features. Be cautious!

About Rollbit Casino
Rollbit Casino integrates casino and sports betting. With cryptocurrency and NFTs, allowing users to acquire Rollbot NFTs through NFT Lootboxes. The casino offers features like daily $25K races, RLB lottery, and Crypto Futures trading.

I think gambling and trading don't go together. Recent events involving Beaxy, a centralized exchange that has ceased operations due to allegations of the founder misusing company funds for gambling, underscore this incongruity. Additionally, the well-known case of Sam Bankman-Fried comes to mind, where he purportedly lost a substantial portion of FTX's funds, an estimated hundred million, through gambling activities.

RLB's concealed offering lies in derivative trading, a fact primarily attributed to its **lack of [proper licensing](https://shorturl.at/iIJTY)**, a claim that contradicts their assertions. What's intriguing is that these contrasting products, a casino and an exchange, are both available on the same platform.

There've been claims that Rollbit is engaged in unethical practices by providing **fake balances to influencers**. Lastly, some say there they're hyping because there are **blacklist features**. Be cautious!

About Rollbit Casino
Rollbit Casino integrates casino and sports betting. With cryptocurrency and NFTs, allowing users to acquire Rollbot NFTs through NFT Lootboxes. The casino offers features like daily $25K races, RLB lottery, and Crypto Futures trading.

Jeroen

Rollbit is the world's first NFT casino platform built on the Solana blockchain. The project aims to revolutionize and elevate the standards of a cryptocurrency casino, with the ability to offer advanced features and generate new revenue streams.

In my perspective, there is a substantial demand for user betting and casino services, and being the first platform to offer casino services in the crypto market makes it easy to attract user interest.

Furthermore, the information that Rollbit is transitioning from the Solana blockchain to Ethereum to boost its development by the end of June had a significant impact, doubling the value of $RLB since its launch.

Additionally, thanks to the introduction of a new tokenomics model with a Buy Back and Burn mechanism, $RLB continued to surge by over 90% on August 9th.

About two months ago, Zhu Su, a former co-founder of the investment fund 3AC and the head of the OPNX exchange, tweeted about tokens worth watching, including $RLB. Indeed, Rollbit is a project with many opportunities and potential for the future, and I have also considered adding $RLB to the list of projects to keep an eye on.

Rollbit Coin RLB

Crypto and NFT Casino