📚Token Utility

The Scorefam utility token is the sole form of currency to be used within the Scorefam Ecosystem.

Token Utilities

In-App Currency: SFT would be used to engage in some betting features and purchase ad slots.

Staking (In the future, a staking feature will be implemented)

Rewards: It would be used to reward users who partake in bounty quests, and contests, and place bets on the locked and flexible gaming.

Token Economy (In-App)

Players

Users interested in the no-loss betting called “Locked gaming” & Flexible gaming features would be required to purchase the SFT from either a DEX or CEX.

Locked Gaming: Users would pay a 1% withdrawal fee.

Flexible gaming: Aside from the withdrawal fee, there would also be an 80% deduction on wrong predictions.

Projects

External projects interested in placing ads would be required to buy SFT tokens.

Governance: Scorefam token holders will be able to vote on platform changes and improvements.