Scorum Coin (SCRM) Price, Charts & Market Data

SCR is integral to the Scorum platform and broader ecosystem, with several uses:

Reward Mechanism: SCR tokens are distributed to users for creating, voting, and commenting on content.

Gameplay and Betting: SCR facilitates gameplay in Aviatrix and is used for placing bets on the ScorumBet platform.

Staking: Users can stake SCR to increase their influence in the ecosystem and benefit from platform rewards.

Payments and Discounts: SCR enables in-platform purchases such as advertising, sports products, and tickets, often at discounted rates.

Token for Future Projects: SCR is positioned as the main token for new projects launched within the Scorum ecosystem.

Exchanges: SCR can be traded on external cryptocurrency exchanges, allowing users to convert their earnings into other cryptocurrencies or fiat money.

Additionally, Scorum employs Scorum Power (SP), an internal token tied to SCR, which influences voting power and rewards allocation.

Scorum Coin (SCR) was created by the team behind the Scorum platform, led by Vladislav Artemyev, who serves as the Co-founder and CEO, and Andrey Filipovich, another Co-founder. The platform’s development was inspired by existing blockchain-powered social networks like Steemit and Golos, adapted for the sports media niche. Scorum leverages the Delegated Proof of Stake (DPoS) consensus model and the Graphene blockchain framework, offering scalability and transparency for its operations.

Although 'SCR' was the ticker assigned at the deployment of the Scorum Coin Token's smart contract, it is already in use by another asset that has a larger market presence and higher trading volume on major exchanges. Due to this pre-existing association and to avoid confusion in the marketplace, the alternative ticker 'SCRM' has been adopted for this token. This designation is specifically used to ensure that assets are distinctly identified.