$BLOCK is THE best performing asset in my portfolio by a MILE right now
BLOCKBET IS A SINK One week into May, the effects of $BLOCK buy-backs using 100% of revenue are clear - but they’re only half the story. Since April, $BLOCK has moved from $0.025 → $0.10. This isn’t coming solely from the team buy-back pressure - it’s the sink effect of the protocol itself. Here’s how it works: Players are incentivised to buy and wager in $BLOCK due to our 20% cashback on losses (paid in USDT). That means: - Players buy $BLOCK from the market - They deposit and wager it on BlockBet - And if they lose, those tokens stay in the protocol BlockBet isn’t just buying back $BLOCK daily - it’s absorbing it. The result? - $BLOCK leaves the open market - It doesn’t get re-released (since cashback is in USDT, not $BLOCK) Supply tightens, demand increases It’s a true token sink. The ultimate gambling token. No inflation. No circular emissions. Just real utility and real buying. This isn’t theoretical - we’re seeing it live: -8x increase in $BLOCK deposits in April/May versus March -Daily buy-backs + player losses = fewer tokens circulating - $BLOCK is the core of a protocol that grows stronger the more it’s used. The more they play, the more we buy. The more revenue generated, the tighter the supply. It’s a revenue-fed sink, and we’re still in first gear.
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