This looks great. You guys are cranking out the content. How big is your staff?
Around 30 right now and growing all the time, we had a new designer join the team just this week! That's awesome. Very good forward thinking on Scorum's part.
On behalf of the whole team, thanks! You are doing great. How many designers do you have now? |
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Is this a utility or security token?
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There aren't any regulatory risks involved are there?
FCFL will be subject to most of the same regulations as any sports organisation, but the coin itself is a utility token, and is not subject to the same financial regulation as a security. Although I'm more of a soccer fan (since I'm from Europe), but I really like your concept. I think blockchain space needs more sports focused projects like yours. Looks like you are already half-way to reach the hardcap ($5M right?) so tokensale will probably be successful. Will be following you guys.
The $5m is a softcap, the hardcap will be in the range of $25-30m with the exact number announced the day before the sale begins. That's definitely good it's not considered a security. It seems like spots regulation isn't so bad, as long as you guys won't be doing any sort of betting on the platform. But if you were, that could make this project extremely interesting. You won't ever offer betting on platform? |
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So are there any features Telcoin will offer besides sending and receiving money?
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So how does the relationship with Charitystars work? Did they hire a team to work on Aidcoin, or contract it, or just do it in house?
Doing it in house with some new hires  Very good, may I ask who from the team were new hires and who were already working with CharityStars? All the people you see on the team page are already working with CharityStars. We integrate them with a couple of profile specifically to manage the ICO. Okay nice, do you know where they were recruited from? Just curious where you can find a high quality team like that these days. |
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See what Scorum’s designers have been up to in the latest blog post. We’ve got previews of the blogging platform, statistics center, and fantasy sports leagues. Have a look at the future of sports coverage built on blockchain!  This looks great. You guys are cranking out the content. How big is your staff? |
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There aren't any regulatory risks involved are there?
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That's actually a pretty useful looking site. Do you get paid to post these, or you're just using it to promote your site? |
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Are there any regulatory risks with this?
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What is the main way Scorum will generate revenue?
Good question, will there be fees? Scorum's revenue will be generated from three sources: 1. Advertising and article promotion within the blogging platform. Authors will be able to promote their posts at a nominal rate of .01 SCR per click which is significantly lower than other CPC ad costs. This advertising will be purchased in SCR and the revenue from ads will be split according to this framework:  2. Scorum will welcome partners to sell their sports goods or services within the platform. As the user audience grows, this will be more and more favorable for other businesses within the sports industry. Paired with the blogging platform where athlete representatives can promote the goods of their sponsors and the utility to pay for goods and services with SCR accumulated in user's accounts, the partner programs will give Scorum members an easy and efficient means to spend SCR without needing to exchange it externally. 3. The photo database will offer sports photographers a place to showcase their work and offer high-resolution images for sale to sports fans around the world. From this, Scorum will collect 10% while the author will get 80% and the final 10% goes into the reward pool for active photographers. With these three revenue streams designed to both sustain Scorum and reward the community for its activity within the platform, we won't need to charge fees for other popular services such as daily fantasy sports or the betting exchange. These commission free services will naturally expand the audience of sports fans interested in utilizing SCR within the platform. That's great, I can tell you guys are experienced business men. I've asked this question a dozen times or so. About half have decent answers, and half are like "uhh, we're selling tokens?" Excellent revenue plan. |
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Looking great I think. Bringing simulation mananger games to the real world soccer games! I just loove the concept:)
Oh man, don't remind me of the thousands of hours I've spent pretending like I have some say in a sport management simulator game. This is going to be great. |
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How do you plan to get the word out about Telcoin? Will Telco's be able to help in this regard?
If they were to somehow explain to their customers how Telcoin works, you guys would get a ton of interest I think. Is this a possibility? We are currently in discussion with 6+ telco's at the moment for POC/pilot agreements. Of course once these are officially publicized, then i'm sure the telco's and the media will talk about this. Any timeframe on when this could be? Sorry to be so inquisitive, but I have super high expectations for this. Well we already have agreements with Etisalat, Veon Group, and MTN Group that should be initiating Q1-Q2 next year. The rest we should have some BIG news by end of Jan.   That's awesome, how big are these companies? Are we talking about 1m+ customers between those 4? Between the three (3) of them there are about 400M subscribers Holy... These guys are legitimate giants then, this is incredible. I can't believe I was lucky enough to find an actually legitimately huge coin in time for the pre-ico. lol yea we are very proud that they are on board. We have some huge meetings coming up here in Jan that would further that number. I'm surprised there's not more excitement around this project after learning about this. 400m people are very likely to use this coin. I don't doubt you will hit your cap, regardless. Do you guys feel like you're getting an appropriate level of attention? Maybe I'm just not looking in the right places. |
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Your project is a great idea! In my country, now, there is also no possibility of transferring the crypto currency to the purses of the charity fund. I have many times asked to create crypto-currency wallets so that I and my friends can connect their capacities for mining. But only one promise! Maybe they will take an example from you!
What country is this, if I may ask? |
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What is the main way Scorum will generate revenue?
Good question, will there be fees? I'm still wondering about this. |
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What do you think it is about your team that makes it uniquely capable of achieving the goals set out of FCFL?
I think your guys' background is more in tech than sports, right? Our entire team can be found in the white paper: https://view.attach.io/rJnBiarpbWe also have old NFL players that help us develop and design the FCFL. From business veterans to league coaches to blockchain developers, our team is all over the place. That's great, a broad knowledge base is exactly what you need when you're trying to accomplish something so new and do it right the first time. |
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How do you plan to get the word out about Telcoin? Will Telco's be able to help in this regard?
If they were to somehow explain to their customers how Telcoin works, you guys would get a ton of interest I think. Is this a possibility? We are currently in discussion with 6+ telco's at the moment for POC/pilot agreements. Of course once these are officially publicized, then i'm sure the telco's and the media will talk about this. Any timeframe on when this could be? Sorry to be so inquisitive, but I have super high expectations for this. Well we already have agreements with Etisalat, Veon Group, and MTN Group that should be initiating Q1-Q2 next year. The rest we should have some BIG news by end of Jan. That's awesome, how big are these companies? Are we talking about 1m+ customers between those 4? Between the three (3) of them there are about 400M subscribers Holy... These guys are legitimate giants then, this is incredible. I can't believe I was lucky enough to find an actually legitimately huge coin in time for the pre-ico. lol yea we are very proud that they are on board. We have some huge meetings coming up here in Jan that would further that number. I'm surprised there's not more excitement around this project after learning about this. 400m people are very likely to use this coin. I don't doubt you will hit your cap, regardless. |
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So how does the relationship with Charitystars work? Did they hire a team to work on Aidcoin, or contract it, or just do it in house?
Doing it in house with some new hires Very good, may I ask who from the team were new hires and who were already working with CharityStars? |
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What is the main way Scorum will generate revenue?
Good question, will there be fees? |
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What do you think it is about your team that makes it uniquely capable of achieving the goals set out of FCFL?
I think your guys' background is more in tech than sports, right? |
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Any idea when the bounty campaign will be over?
After the TGE ends What does TGE stand for? |
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