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Rollbit Coin Stock

Rollbit Coin

RLB

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Rollbit Coin Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
BitMartRLB/USDT0.0700188.770cex14/8/2025, 6:35 AM
GiottusRLB/INR0.080000cex17/9/2025, 6:21 AM
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Rollbit Coin FAQ

{ "q": "about", "a": "The Rollbit token (RLB) was introduced as a core component of the Rollbit lottery. Notably, there was no Initial Coin Offering (ICO) for RLB; instead, Rollbit distributed RLB for free through airdrops to its existing users on the casino and trading platform Rollbit.com.\n\nThe RLB lottery is designed to enhance demand for the token by serving as entry tickets, offering holders the opportunity to win a portion of the casino’s profits. To participate in the lottery, RLB tokens must be staked.\n\nPrizes are sourced from our profit-sharing pool, where 20% of the casino’s daily profits accumulate throughout each round.\n\nHaving a proven product and with Rollbit already profitable before the token's launch, RLB delivered utility from its inception by being an essential component of the lottery, with prizes sourced from a share of Rollbit's profits.\n\nThe supply of RLB is limited to 5 billion coins. To participate in the lottery, RLB must be staked each round, with half of the 0.20% staking fee being burned, meaning they are permanently removed from the supply.\n\nAs RLB is permanently removed from the supply in each round, the number of tokens in circulation will gradually decrease over time, supporting value growth. The other half of the staking fees will benefit staked Rollbots, Rollbit's NFT project.\n\nWhen all RLB tokens are staked, there will be a burn rate of 45% of the total supply per year. As more RLB is staked, the reduction in supply increases since a greater number of tokens are burned to enter the lottery. Consequently, as demand grows over time, this exerts upward pressure on the price of RLB.", "rank": "0" }

### What is Rollbit Coin? Rollbit Coin is a cryptocurrency that integrates with various digital financial platforms to offer innovative gaming and trading experiences. It is uniquely designed to enhance user interactions within online casinos and marketplaces, providing gamers and traders with new opportunities to leverage digital assets. For detailed information and metrics on Rollbit Coin, please refer to Eulerpool.

Rollbit Coin (RLB) is a cryptocurrency that operates as a utility token within the Rollbit platform, a leading crypto casino and trading platform. Introduced in February 2020, RLB was designed to offer a range of advantages to its holders, thereby enhancing their overall platform experience. These advantages include heightened rakeback, lowered trading fees, and access to the RLB Lottery—a distinctive feature enabling token holders to win a portion of the casino's profits. RLB was launched without an Initial Coin Offering (ICO) or Over-The-Counter (OTC) sale. Instead, it was disseminated through an airdrop to current platform users, ensuring broad and equitable distribution from the beginning. This approach underscores the platform’s dedication to rewarding its community and promoting participation within its ecosystem. A primary utility of RLB is its function in the RLB Lottery. To engage, holders must stake their tokens, allowing not only participation in the lottery but also contributing to a profit-sharing pool. This pool accumulates 20% of the casino's daily profits, which are then shared among lottery winners. This structure establishes a direct connection between holding RLB and the potential for financial benefits linked to the platform's performance. Additionally, the supply of RLB is limited to 5 billion coins, with a portion of the tokens being burned (permanently removed from circulation) as part of the staking procedure for lottery participation. This burn mechanism is intended to gradually decrease the total supply of RLB over time, potentially bolstering the token’s value as demand rises and supply contracts. The Rollbit platform has already shown considerable success, with over 1 million registered users and $5 billion wagered, illustrating a robust foundation for RLB's utility and potential value proposition. As the platform continues to develop and expand, RLB holders might discover increasing utility and opportunities for involvement within this ecosystem. Before investing in RLB or any cryptocurrency, it is essential to conduct comprehensive research and consider the inherent risks associated with digital assets.

What security measures are in place for Rollbit Coin?

The security of Rollbit Coin (RLB) is multi-layered, implementing various strategies to maintain the integrity and safety of its ecosystem. RLB tokens are initially distributed via airdrops to platform users, which not only incentivizes engagement but also fortifies the security of token distribution. This approach mitigates risks often linked with initial coin offerings (ICOs), such as fraud and regulatory challenges. To enhance the ecosystem's security further, RLB tokens must be held in a cryptocurrency wallet, granting users control over their assets and minimizing the risk of theft from centralized exchanges. Additionally, the requirement to stake tokens for participation in the lottery system adds an extra security layer. Staking involves locking tokens in a smart contract, which not only secures the tokens but also strengthens the network's security and stability. Security audits are a crucial aspect of RLB's security strategy. These audits, conducted by independent third parties, aim to identify vulnerabilities within the smart contracts and the overall platform. By addressing these vulnerabilities proactively, Rollbit bolsters its ecosystem's security against potential exploits. Implementing features to prevent fraud and ensure responsible gambling is another fundamental element of RLB's security measures. These features are designed to shield users from malicious activities and foster a secure and fair environment for gambling and trading. Moreover, RLB's tokenomics, which includes a capped supply of 5 billion coins and a mechanism where a portion of the tokens are burned during each lottery round, supports the token's security and economic stability. The burning mechanism reduces the total supply over time, potentially increasing scarcity and value, while ensuring a continuous cycle of demand and supply. In conclusion, Rollbit Coin's security is supported by a combination of airdrops, responsible storage practices, staking, regular security audits, anti-fraud measures, and a carefully designed economic model. These measures collectively contribute to the robust security framework of the RLB ecosystem, safeguarding users' assets and ensuring the platform's integrity.

What are the intended uses of Rollbit Coin?

Rollbit Coin (RLB) serves several essential functions within its ecosystem, addressing a variety of user needs and boosting the platform's overall utility. Primarily, RLB enables participation in the Rollbit lottery, a distinctive feature that offers token holders the opportunity to win a share of the platform's profits. To enter the lottery, users must stake RLB tokens, which not only provides access to potential rewards but also influences the token's demand and value dynamics significantly. Apart from the lottery, RLB plays a crucial role in reducing trading fees for users engaged in various trading activities on the platform. This reduction makes transactions more cost-effective and fosters more frequent trading, benefiting both users and the platform's liquidity. Additionally, RLB holders benefit from increased rakeback, further maximizing their returns from platform activities. The token is also fundamental to the platform's liquidity provision. By staking RLB, users contribute to the platform's liquidity pools, facilitating smoother transactions and enhancing the overall trading experience for all users. This mechanism is essential for maintaining a healthy and efficient marketplace. Another innovative application of RLB is through the RLB Lottery, where staked tokens grant users entry into a draw with the possibility of winning substantial prizes. This not only incentivizes holding and staking the token but also introduces an exciting element of chance to the platform's offerings. Lastly, the Buy & Burn mechanism is a crucial component of RLB's value proposition. A portion of the tokens used in transactions, particularly from staking fees, is permanently removed from circulation. This deflationary mechanism is designed to gradually reduce the total supply of RLB over time, potentially supporting the token's value growth as demand increases. It is important for users to conduct thorough research and consider their investment goals and risk tolerance before engaging in staking or trading activities involving RLB or any other cryptocurrency.

What significant events have occurred for Rollbit Coin?

Rollbit Coin, abbreviated as RLB, has achieved several notable milestones since its launch. Introduced in February 2020, RLB quickly became a key element of the Rollbit ecosystem, particularly within its lottery system. Unlike traditional initial coin offerings (ICOs), RLB was distributed through an airdrop, rewarding the existing community and encouraging engagement with the platform's services. One innovative feature introduced was Bonus Battles, which added a competitive dimension for users, enhancing engagement. Additionally, the RLB airdrop expanded the platform's utility, further incentivizing participation and investment in the ecosystem. The RLB Lottery is a central utility of Rollbit Coin, requiring tokens to be staked for entry. This lottery is not merely a game of chance but a strategic aspect of the Rollbit platform, with 20% of the casino’s daily profits allocated to the prize pool. This system not only drives demand for RLB but also aligns token holders' interests with the platform's success. Moreover, the introduction of Challenges and Provably Fair In-house Games has diversified user engagement options, ensuring a robust and dynamic ecosystem. These features highlight the platform's commitment to fairness and transparency, key components in building trust within the community. RLB's supply dynamics are noteworthy, with a capped total of 5 billion coins and a deflationary mechanism via token burns. During each lottery round, a portion of the staked tokens is permanently removed from circulation. This process gradually reduces the total supply, potentially supporting the token's value over time. In conclusion, Rollbit Coin has established a distinct presence within the cryptocurrency landscape through its unique integration with the Rollbit platform’s lottery and gaming functions, strategic supply management, and community-focused distribution model. As with any cryptocurrency investment, it is essential to conduct comprehensive research and consider the inherent risks before participating.

Investors interested in Rollbit Coin are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.