The End of the Crowdsale is Only the Beginning of Scorum

Twenty-eight days later, the Scorum Crowdsale has come to an end.

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We’re incredibly grateful to everyone who took part in forming the foundation of the Scorum sports entertainment community. We offered everyone the chance to be part of creating an all-inclusive sports platform that will change the game for fans around the world. You’ve made this vision possible and we’re hard at work creating it.

Results of the Scorum Crowdsale

  • 5.63 Million USD raised from 3996 crowdsale participants
  • 120 total countries represented
  • ~1500 average USD purchase
  • US purchasers contributed the most to the crowdsale with 1.31 million USD
  • One participant from Antartica purchased 48 USD worth of SCR

The Community Behind Scorum

The results shown above were made possible by the efforts and interest of our growing community:

For those who joined the Scorum Crowdsale, show your continued support for the Scorum vision by liking and sharing updates from us as the project goes forward. The more fans that join in the Scorum Platform as it launches, the more entertaining and rewarding it will be for everyone.

“The results of our crowdsale show that there’s a clear demand for innovative sports media from all around the world. Our founders and team have poured our creative talent into Scorum and this milestone shows the entire cryptocurrency industry a practical application of blockchain technology centered on social entertainment and the greater good. As we go forward with Scorum, we’ll be forever grateful to our early community for their support,” — says Vladislav Artemyev, Scorum CEO.

Stay Tuned for Updates on the Following Events

  1. The first thing Scorum users will be able to do following the crowdsale is to generate the private keys to their Scorum Wallet. We’ll have a detailed instruction post about how to safely and securely access their SCR tokens closer to the blockchain launch.
  2. The Scorum Blockchain and Wallet (now in Testnet) will launch on the mainnet in March. At that point, the market for Open.SCR will start trading on the OpenLedger exchange. We’ll be putting together a mini-guide to trading on OpenLedger and BitShares DEX before this happens so that our users can confidently enjoy all the benefits of decentralized exchange on the Graphene Framework.
  3. Development and design updates of core features leading up to the ScorumDraft fantasy football integration into the blockchain, the blogging platform launch, and the peer-2-peer commission-free betting exchange. All these core services will launch before the opening match of the FIFA World Cup on the 14th of June!

Once again, thank you all for joining in this opening chapter of the Scorum Project. As the Scorum community grows, we’ll be here working hard to create products that seamlessly introduce sports fans around the world to the greater blockchain economy.

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the Scorum sports entertainment community is a new community?? how to join??

You can find out all about it in our blog posts here. The blogging platform for Scorum will launch in May.

Incredible, good luck and thank you!

Good job. I'm going to follow you and try to get in touch with you since I love sports too. I loved the Antartica buyer part.

Crypto Penguins love Scorum too!

Is OpenLedger exchange the same thing as BitShares exchange? VERY confused by those two.
What is the difference???

Still unsure why if on the Graphene network, you didn't allow people to fund their ICO purchases with Steem currency. Seems like Larimer would be interesting in pulling steem out of steemit and into his Eos properties, no?

thanks for the June 14 calendar heads up, we're lookin fwd to testing Scorum.

OpenLedger functions as a gateway to the BitShares exchange. It can be a bit confusing at first but they share the same foundation and wallet. See the OpenLedger help center for some guidance with navigating their system.

As for accepting Steem during the ICO, we aren't trying to pull people or funds out of Steemit and into Scorum. We like Steemit and with the community here well. We can't speculate on what Larimer will do but I think EOS has plenty of $$ to play with at this point.

Cheers, the blogging platform should be live in May so see you there!

We remain confused on OpenLedger vs BitShares. Makes ZERO sense to us, and calling one a gateway doesn't do anything for us in terms of having the lightbulb go on. Do they BOTH profit when we pay the giant fees to remove crypto out of their systems?

Agree with you on Steemit or we wouldn't be here, but freedom is always preferred and steem is what we'd have used to fund any other share purchases. As it stands, thanks to fees, walled-gardens, and other red tape, we can't really justify moving out of Steem with our piddling funds. Tells us something about the great "crypto" in itself. Where are all the low-fees, easy to move money around, bennies of crypto? They sure do remain pretty awful as currencies and we are soon approaching a full decade of usage.

We're putting together a how-to guide to using OpenLedger and BitShares right now so keep an eye out for that.

Trust me, I understand and share your frustration with some of the shortcomings of cryptocurrency usage for the average person at the moment. The main bottleneck for the whole industry continues to be usability. Here are a few things happening in the OpenLedger/BitShares arena that could/should improve this in the near future:

  • OpenLedger's OCASH payment card, which will allow users to fund a debit card style payment card with cryptocurrency. There are many companies working on this but it is a regulatory nightmare (presumably because banks don't want to give this marketshare up)
  • BitShares (BTS) listing on LYKKE wallet will facilitate fiat withdrawals (currently only open to European users)
  • Scorum has developed Atomic Cross Chain Transactions for Graphene-based blockchains that, once implemented with a straightforward UI, will allow users to swap cryptocurrencies directly for others without going through exchanges.

These are just a few aspects out of the hundreds, if not thousands, of projects in the cryptocurrency space that are working towards making everyday use of cryptocurrency easier. Unfortunately, when dealing with financial systems, there is a significant amount of pushback from regulatory bodies around the world, so these developments will take a lot of time to implement on a global scale.

Thanks for being interested in it and we'll continue our work towards solving the issues you've raised.