Fully-diluted market cap (FDMC) = price x max supply. If max supply is null, FDMC = price x total supply. if max supply and total supply are infinite or not available, fully-diluted market cap shows N/A.
The Rollbit token (RLB) was introduced as an essential component of the Rollbit lottery, with no initial coin offering (ICO) conducted. Instead, RLB was distributed for free through airdrops to existing users of Rollbit.com, the platform encompassing both its casino and trading functionalities. RLB tokens serve as entry tickets for the lottery, offering holders the opportunity to participate in winning a share of the casino's profits. Participation in the lottery requires staking RLB tokens. The lottery prizes are funded by a profit-sharing pool, accumulating 20% of the casino's daily profits throughout each round. With Rollbit's established product and profitable operations preceding the token launch, RLB instantly gained utility as an integral component of the lottery, utilizing proceeds from Rollbit's profits. The RLB token supply is capped at 5 billion coins. In order to join the lottery, RLB tokens must be staked in each round, with half of the 0.20% staking fee being permanently removed from circulation through burning. As RLB tokens are continually removed from circulation in each round, the overall token supply gradually decreases over time, which can support value appreciation. The remaining half of the staking fees accrues to staked Rollbots, Rollbit's NFT project. As the staking of RLB tokens increases, leading to a greater reduction in supply through burning, and demand rises over time, this combination can exert upward pressure on the price of RLB tokens.
Exchange | Exchange Price | 24h % | 24h High | 24h Low | 24h Vol |
---|---|---|---|---|---|
Giottus | ₹ 13.999 | --- | ₹ 14 | ₹ 13.999 | ₹ 475.96 |