Breaking Scorum into 3-Parts Makes Sense- With a Caveat

A proposal to break Scorum into 3-parts including the betting platform, sports content and e-sports could be very advantageous if done correctly. The market for each segment is gigantic and growing, and targeted interest sites could unlock value for Scorum Coin. Here's how:

Scorum Coin (SCR) currently sits at just under $0.02, with a marketcap under $600,000. It is a micro-cap cryptocurrency with potential to shine when the market recovers. It has been disappointing, as the cryprocurrency market has recovered with a marketcap above $240 billion, Scorum Coin has continued it's descent. Scorum needs a catalyst to keep investors holding coins and content creators to continue making quality content.

The Bet Scorum function needs to be updated and put as it's own website. Betting is frowned upon and illegal in certain regions of the world. According to a Statistica study, world sports betting total size is a staggering $250 billion and growing. Scorum can grow with this market and a superior stand-alone site is key. Scorum should spend on this site to capitalize on the market trend globally.

Esports is another beast entirely. Esports is growing and is being supported by counties including Denmark and China at the state level. Esports is expected to exceed $1 billion in 2019, and is growing into organized league play. This market is too juicy to pass up, and is typically segregated from traditional sports. If Scorum creates a quality site to capture this market, their price and grow with the market as it matures. It's a micro-cap coin piggy backing on a growing industry, which is a risk worth taking.

The Scorum sports content page is important to Scorum Coin's value. Steemit supports STEEM and Dapps enhance the site and coin's value. Scorum can split similar to companies in the oil and gas sector which split into upstream, midstream and downstream segments to capture value for shareholders (See Conoco Phillips).

Overall, I support the breakup of Scorum into 3-websites to support Scorum Coin, similar to Steemit's Dapp ecosystem. Steemit is growing through decentralized utilities and Scorum can do the same. What do you think?

Sources:

https://coinmarketcap.com/currencies/scorum-coins/

https://www.sportsbettingdime.com/guides/finance/global-sports-betting-market/

https://www.gamesindustry.biz/amp/2019-02-12-newzoo-global-esports-market-will-exceed-USD1-billion-in-2019