After introducing crypto payments in the United States last year, luxury car manufacturer Ferrari is extending the program to Europe. There are plans to broaden the service to other markets by year’s end. This new real-world utility for Bitcoin and Ethereum is expected to boost their value. However, RBLK is a trending token that could offer even greater returns. Having increased in value by 70%, it’s primed for long term success in the GambleFi market.
Ferrari’s Decision Boosts Bitcoin and Ethereum Reputation
Affluent European car enthusiasts can now purchase a brand-new Ferrari with Bitcoin or Ethereum. Ferrari took this crypto payment program for a test drive last year in the United States, and the promising results motivated the Italian car manufacturer to migrate the program over the Atlantic Ocean.
At the moment, Ferrari prefers customers pay with Bitcoin or Ethereum, though may expand its cryptocurrency options in the future. At the time of writing, Bitcoin was trading at $64,657 per token, while its market competitor, Ethereum, has a more modest price tag of $3,140. Ferrari will continue to use Bitpay to convert Bitcoin and Ethereum into traditional currency for Ferrari’s dealers, protecting them from fluctuations and fees.
The acceptance of Ethereum and Bitcoin by one of the biggest brands in the world represents a significant boost to the credibility of the crypto industry. Although cryptocurrencies are a popular investment, major companies have avoided accepting BTC or ETH as payment methods. Ferrari’s decision will improve the value of ETH and BTC and promote a new culture of using coins for everyday purchases, not just as assets to hold.
Rollblock Is on Track to Disrupt A $450 Billion Market
Rollblock is an innovative GambleFi protocol set to disrupt the gambling market. The project utilizes blockchain technology to offer a casino with greater security and scalability than anything else on the market.
Rollblock’s casino showcases over 150 game modes from top gaming providers. These include classic games like blackjack and poker to new AI powered slots. Players can get started without needing to pass KYC checks for seamless access.
$RBLK is the native token of the Rollblock ecosystem. Its used for rewards and also grants holders access to Rollblocks revenue share model. This model works by buying back $RBLK from the open market using up to 30% of Rollblocks daily revenue. Half of these tokens are burned and the remaining half are used as staking rewards.
Rollblock has already experienced huge success during its presale. Its utility token has increased in value by 70% and over 6,000 investors have already signed up. $RBLK is currently selling at just $0.0172 per token and is expected to increase 800% from its initial starting price. Having already gained significant traction, experts believe that $RBLK could see a massive 100x rally before the end of 2024.
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