Rollbit Coin

rlb
Rank #214•Gambling (GambleFi), Gaming (GameFi), Ethereum Ecosystem
CoinYQ Dossier

RLB crossed chains, but control stayed inside Rollbit’s account and proxy

The first RLB story promised frequent lottery rounds from a five-billion Solana supply. The later story routed the remaining token through an Ethereum proxy and tied hourly burns to casino, sportsbook and futures revenue. The chain changed; the decisive levers still span an upgrade administrator, a custodial platform and dated operator policies.

Five billion tokens arrived as lottery tickets, not a capital raise

Rollbit introduced RLB on November 10, 2021 and said it used free airdrops instead of an ICO. The whitepaper assigned 1.14325 billion tokens to users and giveaways and 3.85675 billion to Rollbot stakers, making NFT ownership central to the first distribution.

The original utility was a lottery every 100 Bitcoin blocks. Entrants staked RLB, paid 0.20%, and were told that half the fee would burn while half accrued to Rollbot stakers. A pool funded with 20% of casino profits supplied ordinary prizes and a jackpot.

Those numbers describe the 2021 launch, not an unchangeable entitlement. They lived in Rollbit’s lottery service while the Solana token supplied the transferable unit.

Migration used the casino account as the only bridge

On June 28, 2023 Rollbit announced Ethereum migration. A holder deposited Solana RLB into a Rollbit account and could then hold it there or withdraw ERC-20 RLB; there was no public trustless bridge route. Solana support ended May 1, 2024.

The destination at 0x046e…3f3d is a TransparentUpgradeableProxy. Its live admin can change the implementation, while the implementation exposes a separate owner. Even if today’s logic burns without a public mint path, an administrator-controlled upgrade remains a material supply and behavior power.

Buy & Burn replaced the lottery fee as the main sink

Rollbit’s August 2023 redesign removed the 0.20% lottery fee and changed casino support for prizes to 1.2% of revenue. RLB still weighs lottery odds, while rank, wagering and Rollbot multipliers add platform-specific rules around the nominal stake.

At the same time, hourly Buy & Burn was advertised from 10% of casino revenue, 20% of sportsbook revenue and 30% of futures revenue. Rollbit said 90% of each purchase burns and 10% goes to staked Rollbots, explicitly distinguishing revenue from profit.

RLB balances also determine advertised futures-fee discounts and casino rakeback. None of these percentages is enforced by the ERC-20 interface; readers must treat them as operating policies and verify the current dashboard and transactions.

The licence covers the casino, not every product or token promise

The Curaçao Gaming Authority’s certificate lists Bull Gaming N.V. and licence OGL/2024/1260/0494 as active for rollbit.com. Rollbit’s own footer says crypto trading is not gambling and is offered outside that licence; the NFT marketplace shows the same separation.

Service terms give Rollbit management final operational authority and allow account verification and restrictions. No reviewed token instrument converts RLB into Bull Gaming shares, a vote over upgrades, a fixed dividend, redemption, or ownership of casino, futures or NFT cash flows. “Profit sharing” in older materials is a description of operator-run prize and NFT programs.

How the project changed

  1. 2021-11-10
    RLB launches on Solana

    Five billion tokens begin distribution without an ICO.

  2. 2021-11-26
    Rollbit introduces the RLB Lottery

    Rollbit’s migration retrospective dates the lottery introduction to November 26, 2021 and the first drawing to November 27. The initial model connected RLB and Rollbots through a 0.20% entry fee and a casino-profit prize pool.

  3. 2022-01-26
    The first recorded burn occurs

    Rollbit reports removing 210,387,311.83 RLB in two Solana transactions.

  4. 2023-06-28
    Ethereum migration opens

    Rollbit makes its custodial account the route from Solana RLB to 0x046e…3f3d.

  5. 2023-08-08
    Hourly Buy & Burn starts

    Revenue percentages from casino, sportsbook and futures replace the lottery fee as the main sink.

  6. 2024-05-01
    Solana support ends

    Rollbit stops accepting the original-chain token for migration.

Evidence and primary sources

Last evidence review: 2026-09-05

What is Rollbit Coin?

Rollbit Coin (RLB) is the token used around Rollbit’s casino, sportsbook, crypto futures, NFT and lottery products. It launched on Solana on November 10, 2021 at mint RLBxxFkseAZ4RgJH3Sqn8jXxhmGoz9jWxDNJMh8pL7a with an initial five-billion supply and free distributions rather than an ICO. On June 28, 2023 Rollbit opened a custodial migration to Ethereum contract 0x046eee2cc3188071c02bfc1745a6b17c656e3f3d; Solana deposits stopped being supported on May 1, 2024.

The Ethereum address is a TransparentUpgradeableProxy, not an immutable plain ERC-20. At the September 5, 2026 review its EIP-1967 slots pointed to implementation 0x0D9Bdd2d61a37bc074e59b2801f32deEE01307e5 and admin 0x61772739d588c2e047013a329aa208848550ee5e; the implementation owner() returned 0x3bc7ff113afe1b34eedb96f01d4b4b865f5b901b. The live implementation can burn balances, but the proxy administrator can replace the logic, so supply controls cannot be described as permanently ownerless.

What problem does Rollbit Coin solve?

RLB linked loyalty to a platform that already mixed gambling, leveraged trading and NFTs. The original lottery made staked RLB a chance to receive prizes funded by casino performance; the 2023 redesign shifted the deflation story toward hourly purchases sourced from several Rollbit revenue lines.

That link is contractual and operational, not a corporate right embedded in each token. Rollbit calculates revenue inputs, runs the custodial migration, sets lottery and reward rules, and controls access to accounts. The proxy also preserves an on-chain upgrade path. A holder can transfer RLB on Ethereum, but no reviewed primary document grants equity in Bull Gaming, governance over Rollbit, a fixed revenue share, or redemption against company assets.

How does Rollbit Coin work?

Rollbit’s 2021 design used a 0.20% RLB lottery entry fee: half burned and half sent to staked Rollbots, with rounds every 100 Bitcoin blocks and prizes funded from 20% of casino profits. The September 2023 utility guide says that model changed: entry became free, the lottery contribution became 1.2% of casino revenue, and multipliers or teams could lock entries until the round ended. These are dated operator rules, not timeless token properties.

Buy & Burn began August 8, 2023. Rollbit said hourly purchases use 10% of casino revenue, 20% of sportsbook revenue and 30% of futures revenue; 90% of purchased RLB is burned and 10% goes to staked Rollbots. Its own guide stresses that the inputs are revenue, not profit. The percentages and execution sit in Rollbit systems and hot-wallet activity, rather than an autonomous token-contract formula.

RLB holdings were also advertised for up to 60% futures-fee discounts and up to 10% extra casino rakeback. Rollbots and Sports Rollbots are separate NFTs with their own multiplier, staking and revenue-sharing rules. Bull Gaming N.V. runs Rollbit under a Curaçao gaming licence, while Rollbit explicitly says crypto trading and its NFT marketplace are outside that gaming licence.

Key facts

  • Original Solana mint: RLBxxFkseAZ4RgJH3Sqn8jXxhmGoz9jWxDNJMh8pL7a; initial supply: 5,000,000,000 RLB.
  • Current Ethereum address: 0x046eee2cc3188071c02bfc1745a6b17c656e3f3d; Rollbit ended Solana support on May 1, 2024.
  • The Ethereum token is an upgradeable proxy with a live proxy admin and a separately reported implementation owner.
  • The original distribution reserved 22.865% for user airdrops/giveaways and 77.135% for Rollbot stakers; Rollbit said there was no ICO.
  • The 2021 lottery charged 0.20% and cited 20% of casino profits; the 2023 revision made entry free and cited 1.2% of casino revenue.
  • Rollbit’s 2023 Buy & Burn guide states 10% of casino, 20% of sportsbook and 30% of futures revenue for hourly buys, then 90% burn and 10% Rollbot distribution.
  • Bull Gaming N.V., company 157086, holds active Curaçao licence OGL/2024/1260/0494 for games of chance; crypto trading and the NFT marketplace are stated to be outside it.
  • RLB does not document equity, fixed dividends, corporate governance, a treasury redemption claim or ownership of casino, trading or NFT revenue.

Official links

Official websiteWhitepaperBlock explorerX / TwitterGitHub

Categories

Gambling (GambleFi)Gaming (GameFi)Ethereum Ecosystem

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Frequently asked questions

Which RLB contract is current?

Ethereum contract 0x046eee2cc3188071c02bfc1745a6b17c656e3f3d. The earlier Solana mint was RLBxxFkseAZ4RgJH3Sqn8jXxhmGoz9jWxDNJMh8pL7a, and Rollbit ended Solana support in May 2024.

Is the Ethereum RLB contract immutable?

No. Etherscan identifies a TransparentUpgradeableProxy with a live admin. The current implementation and its owner are separate addresses, and an upgrade can change future logic.

Does the lottery still charge 0.20%?

The 0.20% fee belongs to the 2021 design. Rollbit’s September 2023 guide says entry became free and the casino contribution changed to 1.2% of revenue. Current screen terms should be checked before participation.

How does Buy & Burn work?

Rollbit’s 2023 policy says hourly buys draw on 10% of casino, 20% of sportsbook and 30% of futures revenue; 90% is burned and 10% goes to staked Rollbots. Those percentages are operator policy, not ERC-20 code.

Are Rollbots the same as RLB?

No. Rollbots and Sports Rollbots are NFTs. Their staking, lottery multipliers and revenue programs are separate from ownership of fungible RLB.

What does the Curaçao licence cover?

The active certificate covers games of chance operated by Bull Gaming N.V. Rollbit states that crypto trading and its NFT marketplace are offered independently outside the gaming licence.

Does RLB represent shares or guaranteed revenue?

No reviewed primary instrument grants those rights. Historical “profit sharing” wording describes lottery and NFT reward pools under operator rules, not equity, a fixed dividend or a claim on company assets.

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