Rollbit Coin (RLB) was introduced as an integral part of the Rollbit Lottery. There was no ICO for RLB; instead, Rollbit airdropped RLB for free to existing users of its casino and trading platform, Rollbit.com.

The RLB Lottery is designed to drive demand for the token by acting as a ticket that gives holders the chance to win a share of the casino's profits. RLB tokens must be staked to enter the lottery.

Prizes are sourced from a profit-sharing pool, where 20% of all the casino's daily profits are accumulated throughout each round.

With a proven product already generating profit before the token launch, RLB offers utility from day one by being integral to the lottery, where prizes are funded by a portion of Rollbit's profits.

RLB has a fixed supply of 5 billion tokens. To participate in the lottery, RLB must be staked in each round, with 0.20% of the stake fee being burned (permanently removed from the supply).

As RLB is permanently removed from circulation each round, the number of tokens in circulation will gradually decrease over time, helping to support value appreciation. The other half of the staking fee will be distributed to staked Rollbots (Rollbit's NFT project).

When all RLB tokens are staked, the annual burn rate will reach 45% of the total supply. This leads to a greater reduction in supply as more RLB is staked, as more tokens are burned to enter the lottery. This creates upward pressure on the price of RLB as demand increases over time.