Rollbit Coin (RLB)

Rollbit Coin (RLB) is the native utility token of Rollbit, an online crypto casino, sportsbook, and leveraged futures trading platform launched in 2020. Rather than raising funds through an ICO, RLB was originally distributed to Rollbit users via airdrop, and the token later migrated from the Solana blockchain to Ethereum after the platform outgrew Solana’s throughput at the time.

Within the Rollbit ecosystem, RLB gives holders tiered rakeback and trading fee discounts based on the USD value of their holdings, and it acts as an entry ticket into a recurring lottery funded by a share of the casino’s daily revenue. The token is also central to Rollbit’s Buy & Burn program, in which a portion of revenue from the casino, futures, and sportsbook verticals is used to repurchase RLB on the open market each hour; the majority of the repurchased tokens are burned, permanently reducing supply, while a smaller portion is redistributed to stakers of the platform’s Rollbots NFT collection. Total supply is capped at 5 billion RLB, with the ongoing burn mechanism designed to shrink that figure over time.