Rollbit Coin 

RLB Price

What is Rollbit Coin (RLB)?

Rollbit Coin (RLB) is the utility token of Rollbit, a crypto gambling platform founded in 2020 that combines an online casino, a sportsbook, and leveraged crypto futures trading with up to 1000x leverage. RLB powers fee discounts, rakeback boosts, liquidity-provider rewards, and lottery participation across the platform. DropsTab classifies RLB under Gambling.

How does the Rollbit token utility work?

RLB is the utility token of the Rollbit gambling platform. Holding RLB unlocks up to a 60% discount on futures trading fees, up to a 10% rakeback boost on casino play, liquidity-provider rewards, and free entries into the RLB lottery. The token's demand is therefore tied directly to activity on the casino, sportsbook, and futures desk.

What is Rollbit Coin's maximum supply and how was it distributed?

Per DropsTab data, Rollbit Coin's maximum supply is capped at 5,000,000,000 RLB. The initial 5 billion was fully distributed to the community through airdrops in December 2021. 77.135% of the allocation went to Rollbot NFT stakers ranked by eye-trait rarity, and 22.865% went to Rollbit accounts and giveaways. The whitepaper's distribution section records no team or treasury allocation.

Does Rollbit Coin have a vesting schedule or unlock calendar?

Rollbit Coin has no vesting schedule, no cliff periods, and no dated unlock calendar. The full initial supply was released to users during the 2021 airdrops, so no investor or team allocation unlocks on a schedule. Future supply changes come only from the Buy & Burn program, which removes tokens permanently.

How does the Rollbit Buy & Burn program affect supply?

The Buy & Burn program is RLB's deflationary mechanism: burned tokens leave the supply permanently. Four recorded Solana burn events between January 26, 2022 and June 25, 2023 destroyed more than 1.7 billion RLB. On August 8, 2023 the program replaced the RLB lottery as the platform's main deflationary driver.

Did Rollbit raise venture capital or hold a token sale?

Rollbit has taken no venture capital. The project is self-funded by its founders, and RLB reached the market through community airdrops in 2021 with no public sale or ICO, so no ICO price exists for the token. Concentration risk for RLB comes from its distribution instead: over three quarters of initial supply went to Rollbot NFT holders.

Is RLB a coin or a token, and which networks host it?

RLB is an ERC-20 token on Ethereum, not a native coin of its own blockchain. The main contract is 0x046eee2cc3188071c02bfc1745a6b17c656e3f3d, verifiable on Etherscan. Rollbit migrated RLB from Solana to Ethereum on June 28, 2023. The legacy Solana token remains a separate instrument in wallets that still hold it.

Where can you buy the RLB token?

RLB trades on decentralized exchanges only. Per DropsTab data, the tracked markets are Uniswap (v3) pairs RLB/WETH, RLB/USDT and RLB/USDC, plus a Uniswap V4 (Ethereum) RLB/WETH pool. DropsTab records no centralized-exchange market for RLB. Poloniex listed an RLB/USDT market on August 4, 2023, and that market is no longer active. Most tradable liquidity sits in Uniswap pools.

Is Rollbit available in the US?

Rollbit restricts access to its casino and sportsbook in certain jurisdictions, and the United States falls under those restrictions. The limit applies to platform access; the RLB token itself trades on decentralized exchanges, and holding the token is a separate matter from using the gambling platform. Availability can change, so users should check Rollbit's current terms.

What track record does Rollbit have as a platform?

Rollbit launched its casino in February 2020 and pioneered provably fair games such as X-Roulette, alongside an NFT marketplace and Rollbot NFTs. Per the project's own documentation, Rollbit counts over 1 million registered users and roughly $40 million wagered daily; these figures are operator self-reports, not audited totals. RLB is a utility token tied to a gambling business, so regulatory action in any jurisdiction is a material risk to token demand.