Scorum popularity is growing very high nowadays but the coin and the platform is launched in this bear market when everybody is trying to get out of Blockchain kind of thing. Those people who don't know true power of Blockchain have already left the game and those whose believe are still fighting. The target audience of scorum is highly effected by this bear market.

Here is how this bear market is effecting the launch of scorum.

  • The negative effect

During bull market the daily trade volume, the number of users and overall performance of all Blockchain platforms increases and looks good. People will fomo into the platform and be there for some profit. This is how much platform related to Blockchain gets popularity. Had scorum been launched on the bull market then people would rush into the platform giving scorum an initial hard boost after which it may had been easier to get into mainstream. 

More partnerships in initial stage would have given more boost and the number of users would have been very high. It would have been like a snowball effect in the platform. But this is launched in the bear market. But wait there is positive things about it too.


  • The positive effect

Because it is launched in bear market only filtered ones who are truely interested in Blockchain are here. The exponential growth is unhealthy and a healthy growth will be a better choice for the long term. Because it is a bear period only who believe in the platform will be here. Initial users and investors who deserves high profit because they are taking high risk will eventually get their profit if the platform works well. 


Here is my honest review on what I think how this bear market is effecting the launch of scorum, it may be a different case! 🙂