Scorum initial coin offering (ICO)

Sports Media Powered by Blockchain



Scorum is the first sports social media powered by blockchain. It’s specialized for creating sports content and provides fans with the freedom to shape their own information space and get rewarded for expressing themselves and sharing their passion for sports.

4.1
33 33 expert ratings
3.4
4.2
4.1
3.6
View rating distribution
Starts in 1 year ago
2018-01-14 - 2018-02-11
Token
SCR
Price in ICO
1 SCR = 1 USD
Accepting
Hard cap
17,000,000 USD
ICO start
Jan 14, 2018
ICO end
Feb 11, 2018
More on ICO
Report

About Scorum ICO

THE PROBLEM
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.
OUR SOLUTION
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.
CROWDSALE STRUCTURE
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.

    Scorum reviews

    Luca Cotta
    Icodriver...expert launching ICOs, Influencer, IT expert.
    Rated on Jan 22, 2018
    3
    3
    3
    3%
    Douglas Lyons
    Board Advisor- Early Adoption and Strategic Partnerships
    Rated on Dec 7, 2017
    4
    4
    4
    3%
    Anton Tronenko
    ICO advisor
    Rated on Dec 4, 2017
    4
    3
    3
    1%
    Vasily Sumanov
    ICO advisor, Economy researcher
    Rated on Nov 18, 2017
    4
    5
    4
    2%
    Hung Chih (Jason Hung)
    Serial Entrepreneur | Investor Meetup | ICO advisor | China Market | Exchange
    Rated on Nov 27, 2017
    5
    5
    5
    6%

    Very impressed and interesting monetization model for sport gaming ecosystem. Looking forward to it success.

    Mofassair Hossain
    CEO and Founder Perhalic, ICO Advisor, Investor, PR and Marketing Expert
    Rated on Dec 2, 2017
    4
    4
    4
    3%
    Nikolay Zvezdin
    ICO Investor and Advisor
    Rated on Dec 2, 2017
    3
    2
    3
    3%
    Edward W. Mandel
    Blockchain Enthusiast, ICO Expert, CEO - ObjectMicro, Inc.
    Rated on Dec 3, 2017
    4
    5
    4
    2%
    Farabi Shayor
    Marketing Professional | VR Research Lead | Cryptocurrency Specialist
    Rated on Dec 6, 2017
    4
    5
    4
    3%

    Sport media industry is huge and the application of blockchain technology using Scorum seems very interesting. Looking forward to see more development.

    Ricardas Bernotavicius
    Blockchain enthusiast, ICO expert. Founder at IUNGO.Network and several companies in MedTech and IoT sector.
    Rated on Dec 11, 2017
    4
    3
    3
    1%
    Anton Makarov
    Risk management specialist & Investor
    Rated on Dec 14, 2017
    4
    4
    3
    1%
    Joan Vallès
    Wealth Manager and Advisor, Angel Investor
    Rated on Dec 15, 2017
    4
    4
    4
    2%
    Vladimir Manzyuk
    Blockchain/System Analyst
    Rated on Dec 19, 2017
    4
    5
    3
    5%

    Pluses:
    - Great and useful idea
    - Working similar projects (Steemit, Golos)
    - Excellent and correct choice of the blockchain – Graphene. Ethereum is definitely not suitable for the realization of this project
    - World sports stars in a team, that will increase the recognizability of the product
    - Great move with the exchange rates without commissions, this will attract a large audience

    Minuses:
    - Beta version doesn’t use graphene, it does not implement the basic functionality of the platform
    - For the whole system to work, you need a really large number of partners and advertisers
    - According to Linkedin, CTO has little experience in developing blockchain solutions, but good experience as a whole

    Simon Choi
    Fintech & ICO Lawyer
    Rated on Dec 26, 2017
    4
    4
    4
    2%
    Igor Karavaev
    ico advisor and investor
    Rated on Dec 21, 2017
    4
    3
    3
    3%
    Lluis Saltó

    Rated on Dec 22, 2017
    4
    3
    3
    1%
    Nathan Christian
    Blockchain Technology Consultant
    Rated on Dec 30, 2017
    5
    5
    4
    6%

    Great team, vision and product

    Simon Waddington
    Software engineer and advisor
    Rated on Dec 24, 2017
    3
    4
    2
    4%

    Full disclosure - I'm not a sports person

    Although the vision is basically a combo of several existing ICOs - social media, event data and analytics, plus betting - the combination for sports could be an attractive honey pot that brings users to the platform.

    I wish they had made the product into a Smart Media Token app (STEEMs equivalent of an ICO) and saved themselves a lot of work. So far although they have a Git repo with code they freely admit they are basically using a clone of the Steem blockchain and leveraging the tried and proven Steemit economic model (which does have issues).

    It is really not clear how they will do person to person betting with no house take. When you go after a massive multi-billion dollar industry and don't want a take, even a fraction of a percent, it seems either very ballsy or a mistake. I'm wondering if there are legal reasons for this. Also since there is also an ICO all about person to person betting called Wagerr that will take a year to launch I think Scorum may be underestimating the difficult around doing this reliably.

    As for the team - it doesn't seem to have many tech heavy hitters in leadership. This is mostly sports advisors, evangelists, and business folks. However there are a quite a few blockchain and front/backend devs listed so at least they have a body count commensurable with getting shit done.

    P.B. Stanton Esq.
    ICO Advisor | Securities & Banking law | Former US Marine JAG Officer
    Rated on Dec 28, 2017
    5
    5
    4
    5%

    I love the ICO. I will be participating.

    Austin (Hyun sup) Chung
    Co-Founder, CFO at ATFS / Finance Expert, Venture Capitalist, ICO Advisor
    Rated on Dec 27, 2017
    4
    5
    4
    1%
    Maksym Vysochanskiy
    Founder of ICOExpert | Appsmoment | Blockchain Advisor
    Rated on Dec 29, 2017
    5
    4
    4
    2%
    Sebastian Spiteri
    Engineer ¦ Co-Founder of Coinounce.com
    Rated on Jan 1, 2018
    4
    4
    4
    2%
    James Sowers
    Ico adviser
    Rated on Dec 30, 2017
    4
    3
    3
    2%
    Ivan Kapytko
    Mr
    Rated on Jan 3, 2018
    4
    3
    3
    2%

    Great team, but real world value of this project is not evident

    Adnan Javed
    Blockchain Startup Advisor, Technologist, Inventor
    Rated on Jan 11, 2018
    4
    4
    3
    5%

    The market is huge for sports media platform. The platforms economy and monetization scheme is quite interesting.

    The team is quite strong. All the best to the team.

    Anurag Rathore
    Ico Advisor
    Rated on Jan 11, 2018
    3
    4
    3
    2%
    Manav Singhal
    Executive Board Member at Blockchain Foundation of India
    Rated on Jan 15, 2018
    4
    4
    5
    3%

    Something interesting in the sports industry. and i like the quirky way they have done it.

    Ian Scarffe
    Blockchain ICO Consultant / Advisor. Founder at Crypto Consulting and Investments LTD.
    Rated on Jan 14, 2018
    4
    3
    3
    2%
    Sergei Kolobov
    ICO Advisor @ BLOCK512
    Rated on Jan 15, 2018
    5
    5
    5
    1%
    Christopher Zenios
    COO | CMO | Speaker | Blockchain | ICO Specialist | Consultant | Advisor | Writer | Project Developer| Investor
    Rated on Feb 20, 2018
    5
    4
    4
    2%
    Benjamin Randall
    Blockchain Advisor
    Rated on Feb 26, 2018
    5
    5
    5
    3%

    There are many gambling ICOs, and most of them will catch on quickly because early adopters/investors typically like to gamble. I like the twist with this ICO in that it rewards contributors for content. There are many good choices in this sector, but I chose to invest in this one.

    Abhijith Naraparaju
    Blockchain Solution Architect| ICO Advisor
    Rated on May 25, 2018
    5
    4
    3
    4%

    TECHNICAL OBSERVATIONS
    The platform will be built upon graphene protocol, it uses DPoS mechanism.

    PROS
    Graphene protocol has high throughput and underlying technology for Steem, Bitshares​ and Peerplays.
    Content based social media marketing(Photo sharing, articles) can be easily pegged to graphene protocol.
    Graphene protocol is best for financial applications.

    CONS

    No mention about technical architecture and github repository.

    No mention about betting algorithms.
    Though graphene protocol supports the high throughput, it doesn't have the computation verification mechanism.

    OPEN QUESTIONS
    Is the live broadcasting,E-commerce for sports merchandise are directly served through DLT?

    PlumBot
    ICO Analyzer Bot
    Rated on Sep 2, 2018
    0
    0
    0
    14%


    Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

    Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

    Scorum ICO price

    Price in ICO

    1 SCR = 1 USD

    Scorum (SCR) crypto

    Scorum coin

    Scorum token
    SCR
    Scorum platform

    Scorum market cap

    Scorum market capitalization
    $ 5630000

    Scorum investment info

    Accepting
    Distributed in ICO
    93%
    Hard cap
    17,000,000 USD

    Scorum whitepaper

    Scorum team

    Apply as an advisor

    Julian Zegelman

    Corporate Attorney, Partner at Velton-Zegelman PC

    Advisors

    Sergey Brui

    Executive director of Vizor Games

    Advisors

    Viktor Kuzmin

    CTO at Vizor Games

    Advisors

    Scorum milestones

    1
    August 2018

    WePower idea

    2
    February 2019

    WePower idea

    3
    January 2018

    WePower idea

    4
    January 2019

    WePower idea

    5
    July 2017

    WePower idea

    6
    June 2017

    WePower idea

    7
    June 2018

    WePower idea

    8
    March 2016

    WePower idea

    9
    May 2018

    WePower idea

    10
    October 2018

    WePower idea

    11
    September 2018

    WePower idea

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