If you have tuned into to my blockchain series regarding the different major cryptocurrencies then you would have realized that i have yet to do one on Scorum. The Scorum coin is a very interesting concept as it is a platform that focuses upon sports and blogging that operates on the blockchain with the ability to adapt and evolve such as the inclusion of the betting platform and other potential avenues in the future which truly represents the uniqueness of this cryptocurrency.

The Scorum platform allows individuals to join and share their thoughts on sports, blockchain, history, and other sports related topics where people can join in on conversations, upvote and empower content of others with the use SP. This allows a very unique monetize system where people can upvote and fund other peoples posts and comments whilst having the ability to produce their own content allowing for a unique approach using blockchain technology. The platform wishes to introduce a commission-free betting exchange as well as a commission-free fantasy sports platform which really appeals to individuals who enjoy a bet or to be involved in fantasy sports whilst using the innovative technology of blockchain.

The total number of Scorum coins (SCR) that can be bought on exchanges is approximately 9 million and the total number of SP that are available is approximately 20 million. This results in a total supply of 29,265,075 SCR which is a very low supply for a cryptocurrency. Individuals who gain SP have the option to change these points into Scorum coins at a 1:1 conversion rate.

The Scorum coin has been available for purchase on exchanges since the 8th of August, 2018 having a very brief history in the crypto market. On September 22nd, the Scorum coin achieved its all time high at $0.447 USD per coin with a market capitalization of $13.1 million USD. The current price per Scorum coin is $0.12 USD after seeing lows below the 10 cent mark in recent events. The current market capitalization of the Scorum coin is at $3.5 million USD. The Scorum coin was introduced to the crypto market during the bear period and has little room to breathe which has caused a reduction in the initial price of Scorum. The potential of Scorum is very high in some peoples eyes as it offers many use cases for the cryptocurrency including a platform for people to communicate with each other and exchange information like never before with new, exciting features which will further improve Scorum.

Personally, the Scorum cryptocurrency is very intriguing as the coin can currently be bought and traded on exchanges such as Crypto.com, Hotbit, Scorum website and other exchanges which generates a use case for the currency. The coin be gained through empowering other peoples posts and comments whilst publishing posts of your own which is exciting and allows for an incentive for people to join and create for the Scorum community resulting in growth. The Betting and Fantasy Sport platform will allow for the Scorum coin to flourish and show real use cases based on real-time events that individuals care and are passionate about. Integration of other cryptocurrencies could also be a possible route the team decides to take to allow blockchain to become more familiar in people's lives and would generate greater revenue for the ecosystem. All these factors lead me to believe that Scorum has great potential and could possibly prove to be a platform which dominates future sporting industries based on the blockchain.

What are your thoughts on Scorum cryptocurrency? Leave a comment below and leave your thoughts about why your involved in Scorum and what you think the platform could possible achieve!