Scorum Coins
Crypto Overview
Purpose and Utility Analysis
Scorum Coins (SCR) was created as a blockchain-based platform for sports content, blogging, and betting. The token was designed to reward content creators and serve as the native currency within the Scorum ecosystem.
Business Model Evaluation
The platform's core functionality includes sports blogging, content creation rewards, and sports betting features. While the content creation aspect aligns with halal principles, the betting component raises significant concerns from an Islamic finance perspective as it constitutes gambling.
Real-World Adoption and Usage
Current data shows extremely limited trading activity and near-zero on-chain transactions. The platform appears to have minimal active users and limited real-world adoption of its intended use cases.
Platform Development Activity
Recent examination shows minimal to no active development on the platform. The project's GitHub repositories show little to no recent commits, suggesting stagnant development.
Token Distribution and Founder Analysis
Information about token distribution and founder activities is limited and outdated. The project's social media channels and official communications have been largely inactive.
Crypto Impact
To assign a comfort level investing in Scorum Coins from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Scorum Coins.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.