Rollbit Coin

Rollbit Coin (RLB) is a cryptocurrency associated with the Rollbit platform, a comprehensive GambleFi platform offering a range of products such as casinos, sports betting, futures trading, and an NFT marketplace. The Rollbit token was launched as a crucial component of the Rollbit lottery, which aims to drive demand for the token. Unlike many cryptocurrencies, RLB did not have an ICO (Initial Coin Offering); instead, it was airdropped for free to existing users of the Rollbit.com casino and trading platform. The token's supply is capped at 5 billion coins, and its utility includes its integral role in the Rollbit lottery, with prizes coming from a share of Rollbit's profits​​​.

The primary use of RLB is in the Rollbit lottery, where tokens must be staked to enter. The lottery offers the chance to win a share of the casino’s profits, sourced from 20% of all the casino’s profits accumulated daily. Besides the lottery, RLB also has other utilities, such as in the Rollbit platform's various features including Rollback, Rollboxes, marketplace profit-sharing, and lottery stakes. These utilities range from offering additional rakeback in casino games, allowing users to become the house in their own casino game, earning a percentage of marketplace fees, and receiving lottery tickets in the form of RLB for staking Rollbots, an NFT project on the Rollbit platform​​​.