$BLOCK is becoming a Habit.
In March, BlockBet saw low deposit volumes — players were exploring the platform, but had no reason to prefer $BLOCK.
That changed in April with the introduction of the 20% cashback program (paid in USDT), creating real utility for using the token.
Now in May, the results are clear: $BLOCK is no longer an option — it’s the habit.
▫️March average weekly deposits: $2,352
▫️April average: $14,336
▫️May (to date): over $69,440 weekly
That’s a 900%+ increase in average daily deposits since March — driven entirely by user choice.
Players trust $BLOCK. They understand the benefit of using it. They’ve made it part of how they play.
A Protocol That Absorbs
This shift in behavior has transformed BlockBet into more than a platform — it’s now a live economic loop.
▫️Players buy $BLOCK from the market
▫️They wager with it on BlockBet
▫️When they lose, that $BLOCK stays in the protocol
▫️Cashback is paid in USDT, not tokens
This makes BlockBet a true token sink — no emissions, no recycling, just real absorption. It’s not theoretical — it’s measurable.
Growth in Revenue and Demand
The behavioral shift isn’t just visible in deposit numbers — it’s reflected in revenue and token dynamics:
▫️Gross Gaming Revenue: +112% in May vs April
▫️Net Gaming Revenue: +345% month to date
▫️Casino Wagering Volume: +73% since April
With 100% of NGR used for daily buy-backs, $BLOCK is constantly being purchased and removed from the market.
▫️$284,000+ in $BLOCK bought back in May alone
▫️Over $750,000 bought back since January
This is unlocking a new wave of user interaction: more players, more holders, more volume, more price action — all based on protocol usage.
Price Reflects Utility
▫️In March, $BLOCK traded around $0.02
▫️As of mid-May, it surpassed $0.10 — a 5x increase
This wasn’t hype. It was behavior. It was volume. It was trust.
As $BLOCK becomes the standard for wagering on BlockBet, the system compounds:
▫️Players play
▫️The protocol earns
▫️Tokens are bought back
▫️Supply tightens
▫️Demand increases
Built on Habit, not Hype
$BLOCK is no longer a speculative token.
It’s a habit.
And habits are hard to break.
This new player behavior is unlocking the next phase of BlockBet — one defined by organic usage, sustainable demand, and deepening trust in the ecosystem.
And we’re only halfway through May.
Wagering with $BLOCK is now up more than 1,000% on BlockBet just two days since launching 20% cashback on all losses, exclusive to BLOCK.
Coming for that top spot... Utility season. 🤝
Wagering with $BLOCK is now up more than 1,000% on BlockBet just two days since launching 20% cashback on all losses, exclusive to BLOCK.
Coming for that top spot... Utility season. 🤝
After the absolute clown show from Hayden, Portnoy & co., it’s worth revisiting the casino vs memecoin debate highlighted by @0xngmi
TLDR – memecoin traders are making even worse EV bets than casino players. After 20 rounds, a roulette player still holds ~58% of their stack, while memecoin traders get rekt to ~3%. Fees, slippage, and MEV turn it into a survival game - not a skill issue (unless you’re on the inside).
If you’re gonna gamble, people should at least understand the odds.
That said, there’s no denying that hitting a 100x trade in seconds is an unmatched dopamine rush - you can’t replicate that anywhere else on earth.
With that in mind, all I can is watch this space. 🏗️ 🎰
moments like these that take me back to the bear market when me and my brother use to speak to @joemccann and he used to say "stick with it boys, yous have got grit, hang in there"
and we did.
i wonder just how many NFT projects are alive from 2021?
there have been hundreds of companies that raised millions of dollars from mint funds and investors that have up sticks and left.
we haven't.
our first NFT mint was July 2021 with @chiellini - it was the fourth ever repo on metaplex and remember @baalazamon and @redacted_j in the chat when it sold for 2001 sol which was a record at the time.
next came Legends in Nov 2021 which sold out in minutes and was all over times square (we paid 1btc for that)
but since then we have provided constant value for our holders. we have given away wayne rooneys testimonial hublot, signed ali gloves and most recently took some of the community to the first ufc event at the sphere in vegas.
the original collection 10,000 NFT’s.
we then burnt 444 last summer, making it 9556 pieces.
there is now only 514 listed which is 5.38% of supply.
holders receive 6-8 $BLOCK per day when staked as a set and royalties go back into buying $BLOCK off the market.
the whole landscape is ever changing and thats why we launched @BlockBetGG this year.
adapt or die.
we could have also launched a new token for @BlockBetGG this summer but we decided to honour previous holders and investors of $BLOCK.
you won't find a team with more integrity in this space.