4 years ago we launched $RLB with a total supply of 5 billion coins.
While the majority of projects in this space allocate a large percentage of their token supply to the team, VCs and OTC deals, we did things differently. In fact, not a single RLB has ever been sold OTC or to VCs.
Instead, we opted to distribute 100% of the RLB supply to the Rollbit community via airdrops, giveaways, promotions and Rollbot NFT holders.
The immense mindshare of RLB in its early days played a pivotal role in popularising the GambleFi and buy & burn meta. Over the past 4 years, we've watched the marketcap soar from $12m to an ATH of $800m and back to its current marketcap of $100m.
Over the last 30 days, Rollbit has generated $18.5m in revenue (EV), with $2.2m RLB bought and burned. This currently equates to 2.35% of the total RLB supply burned within a single month, cementing RLB as one of the most deflationary coins in the industry.
Every hourly buy & burn is executed on-chain, ensuring complete transparency for everyone to see.
Since we transitioned from the RLB lottery to the buy & burn program in August 2023, we've spent $115.8m to buy & burn 1,144,883,882 RLB.
Today we've reached the next major milestone in RLB's history by burning 3 billion coins totalling 60% of the original RLB supply. 2 billion remain in circulation, a ~35.6% decrease since the start of the buy & burn program just 2 years ago.
Despite the never-ending FUD over the years, our hourly buys and burns continue to do exactly what they were designed to do: burn RLB. Onto the next billion!
We've enabled Sidebets on two of our most popular slots, allowing players to gamble on the outcome of their next spin or bonus buy!
🍭Sweet Bonanza 1000
🌩️Gates of Olympus Super Scatter
This unique feature can only be found on Rollbit! 🎰
🧨💥WELCOME TO BIG BOOM JUNE💥🧨
We have an explosive month planned for you on our newest release - Fire in the Hole 3!
Climb the leaderboard and win cash prizes by achieving the highest multipliers on Rollbit throughout the month!
The top 10 spinners at the end of June will all win a share of the $25,000 prize pool! Now get to mining, that dwarf needs help! ⛏️
Santa's 3rd Challenge has arrived! Since the first two remain unclaimed, the prize for completing the challenge has grown to $40,000! 🎅
🎁The Game: Santa's Great Gifts
🏆The Challenge: Get a 5,000x win
🎄The Code: Giftmas
💰The Prize: $20,000 + $10,000 + $10,000
You can complete the challenge by being the first player to win 5,000x on Santa's Great Gifts (while using the code 'Giftmas').
For the chance to win $5 to give it a try...
- Show us your interest by clicking the ♥️
- Tell us your Rollbit username
Happy Hunting! 🎯
Welcome to No Way May! With challenges so huge, they'll make you go "no way".😲
A new max win challenge will be added to Retro Sweets every Friday throughout the month of May!🍬
The first player to win 10,000x their bet (using the code 'NoWayMay') will be awarded $4,444 in addition to the winnings from their spin!🤑
Want the chance to give it a try? ♥️ + 🔁 + reply with your Rollbit username!
71,746,581.83 RLB burned 🔥
~10 months ago we migrated RLB from Solana to the Ethereum network. Throughout that time we’ve experienced major growth for both Rollbit and RLB, and expanded our community considerably.
Today marks the day where our SOL RLB migration phase has officially closed and any SOL RLB unaccounted for has been burnt on Ethereum.
This is an important milestone for RLB, furthering our goal of increased transparency and allowing new holders and potential listing partners to better understand the RLB supply distribution.
On this note, we’d like to provide additional clarity around RLB as we can’t deny the effectiveness of relentless FUD campaigns mostly peddled by grifters with ulterior motives or from misinformed people who haven’t done any research into our business:
- From our expected revenues, we burn 10% of Casino, 20% of Sportsbook and 30% of Futures
- Our Buy & Burn program is fully on-chain and verifiable. RLB is bought through Uniswap and burned on-chain every hour
- Almost the entirety of the initial 5B RLB supply was airdropped to Rollbot holders (Rollbit’s NFTs) - 2.33B (47%) of the initial 5B RLB supply has been burned to date
- We have never sold a single RLB to any VC or OTC despite the significant interest
- Rollbit has generated $480MM in expected revenue since we introduced Buy & Burn 10 months ago
- Rollbit’s revenue isn’t directly verifiable due to the centralised nature of our platform. However, our on-chain transaction metrics can be cross referenced and compared to our competitors which should further confirm the size of our business and provide more validity around our numbers - @Duneanalytics & @Tanzanite_tc are good sources
We appreciate everybody's continued support.
We'll continue delivering value to our holders and building the best experiences for our players.
- Team Rollbit