Scorum price is $0.01373895
Scorum (SCR)'s +0.00% price has increased today.
Scorum (SCR) is a sports-focused media platform powered by blockchain technology. It's a unique environment where content creators and consumers can actively participate, enriching the platform with their contributions and interactions. Authors are rewarded for their content- be it publications, comments, or photos. Simultaneously, readers who vote for high-quality material on the platform also received rewards.
In addition to this, Scorum has integrated an interesting use-case for SCR tokens through a commission-free betting exchange. Users holding SCR can place bets, increasing the token's utility. Scorum has also teased the demo of a new Play2Earn NFT game, Aviatrix, where SCR holders will have additional benefits such as in-game betting and trading.
While specific details on the creators of Scorum aren't provided, it’s known that the platform is run by a team of technology enthusiasts and sports-loving individuals. These professionals have come together to create a user-oriented platform where the engagement by sports aficionados is rewarded through their own cryptocurrency - SCR.
Scorum works by rewarding active participants on their platform with SCR tokens. Whenever authors create and post their content relating to sports on the platform, they are rewarded with SCRs. Readers, on the other hand, gain SCR by voting for quality content.
The betting exchange functions on the same SCR tokens, thus deepening the utility aspect of these tokens. Users who hold SCR tokens can place bets on this platform without having to pay any commission.
More recently, Scorum is expanding the scope of SCR via the upcoming P2E NFT game Aviatrix. This will allow SCR holders to not just engage but also make in-game bets and trade on the market with SCR.
As a blockchain-powered platform, Scorum uses blockchain technology to create and manage SCR, its native cryptocurrency. This incorruptible and transparent technology ensures all rewards for content creation and voting are distributed fairly to users.
The betting exchange and the upcoming Aviatrix game integrate smart contract technology, allowing users to place bets and transact securely within the ecosystem. These features notably increase the utility and potential demand for SCR.
Scorum's market cap is $ 0.1M, making its rank #2958 when compared to other cryptocurrencies.
Scorum (SCR) has a circulating supply of 9.5M and a total supply of 29.3M SCR.
Scorum (SCR) is currently available for purchase on Hotbit. As positively emphasized by the team, it's also traded on Hotbit, promoting accessibility to the SCR tokens and increasing user participation.
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