Scorum ICO details
Start Date: 2018-1-14
End date: 2018-2-11
- Category: Sports
- Token: SCR
- Platform: Separate blockchain
- Initial price: 1 SCR = 1 USD
- Accepting: BTC ETH
- Hard cap: 17,000,000 USD
Each month 1 billion sports fans generate 8.5 billion visits to a variety of sports media sources, creating a huge income for them. For far too long, these fans have watched from the sidelines; spending their hard-earned cash to support their home clubs, teams, and athletes. The current sports media industry has no interest in rewarding these fans and fails to provide innovative coverage for the modern world.
We set out to unite the passionate fans of sports around the world into a bold digital media platform where active participants are rewarded for their engagement. To achieve this, we designed the following key services:
The blogging platform where each contribution is rewarded. It provides cryptocurrency rewards for both content creators and curators. Community members get paid for publishing posts, voting, commenting and uploading photos. For sports writers we have developed custom solutions: sports analytical tools, interactive visualizations and a built-in photo database.
The statistical center. Beside providing the latest sports updates, the data from stats-center can be efficiently utilized to embed interactive infographics into publications with Scorum’s custom designed sports editorial tools. Live event streaming, tickets, and other sporting goods will also be available as a part of partnership programs.
The commission-free betting exchange. Venturesome sports fans no longer have to rely on “trusted third parties” in order to make a bet. Registration and betting at the Scorum exchange is transparent, without any commission or hidden fees. It’s important to note that this will not be a source of revenue for Scorum but rather a feature we believe the fans deserve, and it will naturally improve the value of SCR.
ECONOMIC MODEL FUNDAMENTALS
Our economic model is based on three fundamental principles:
- Scorum Coins (SCR) cryptocurrency and platform ecosystem need to be supported by the real economy.
- All active platform participants must be rewarded within the system.
- These rewards have to be distributed in a fair and transparent manner moderated by the user community.
Scorum plans to derive income from three reliable sources: internal advertising system, partner programs and a photo database. We intend to use this income to keep improving the platform, reward active Scorum users and donate a portion of this income to charity.
Tokens Crowdsale will go in the following stages:
- The first 1.6 million SCR was sold at a 50% discount on a pre-sale.
- The following 2 million SCR will be sold at a 25% discount.
- After that, 3 million SCR will be available at a 10% discount.
- The 12 million SCR left after these stages will be sold at nominal value (1 USD).
The development is based on Graphene framework with DPoS (Delegated Proof-of-Stake) consensus. This solution enables users to have zero-commission transactions and turns Scorum into a highly favorable ecosystem.