2022 was an interesting year for Scorefam and for web3 as a whole. The space witnessed monumental updates, partnerships, and events that affected the industry both positively and negatively and it’s no surprise that we experienced our fair share as well.
Let’s take a look at some of the events that took place within our system that shaped us into who we are now. And after that, you’ll get a brief insight into what 2023 holds for all the Scorefam Titans far and wide.
Announced Global Launch of Current Platform
After the success of the MVP launch, we finally launched. In May, after countless hours of end-to-end development, the official Scorefam platform was ready to ship. The launch was met with massive success and the platform was officially recognized by leaders and experts in the industry.
Launch First Lossless Gaming Feature
The lossless gaming feature, Locked gaming, is an experimental feature created by the bright minds of Scorefam. It leveraged the power of blockchain technology to achieve its goal which is to tackle the traditional “ win or lose” betting principle and evolve it into a win-win model where bettors have second-chance points to stake after an incorrect prediction. Users who got to use this feature for day-to-day betting still reap rewards from this, not just because of the second chance opportunity but because of the WPY of up to 20% also involved.
Conducted multiple IDO Listings
The next step for us was to get holders of the Scorefam token. We began an IDO Launch that ran for a week. Scorefam partnered with some amazing crypto launchpads such as BSC Station, Diviner Protocol, DAO Launch, SmartPad, and several others. Our IDO was met with success with each one selling out in under 24 hours.
Starting as a handful of individuals with a singular goal of developing the next evolution of betting we never expected that our efforts would attract more like minds to the fold. From 5 to 10 young, talented, and motivated individuals spread across Africa and Europe, the goal looks more and more within reach every day.
Processed $450,000+ in Transactions and Acquired 40,000+ users since Initial Launch
Since our official launch in May, we’ve processed $450,000+ in transactions on the platform. Despite the current market conditions we still process large transactions efficiently daily. We’ve also amassed over 40,000 users, followers, and community members in total. Many more continue to connect and interact with us daily.
Market Downturn Affects $SFT Price
Like most projects, we were affected by the crypto winter. Before the bear market, our price rose from $0.03 and reached an all-time high of $0.06. This helped Investors double their assets in the first week of the launch. But due to the downturn, The SFT saw a non-detrimental but significant drop. Currently, we have over 1300+ holders of our Token.
Launched the $1000 World Cup Campaign
As the whole world waited in anticipation for the start of the World Cup, so did we. Not only to marvel at the class of players in Qatar but to make sure our users had a piece of the action and make a killing off their predicting abilities. The campaign lasted for the duration of the global event with rewards of $1000 for the top five ranking players on the leaderboard.
What’s in store for the community in 2023?
In addition to the developments and events mentioned above, we also made sure to reward, interact, and educate our community on aspects of the industry relating to Sports betting on our blog. And we aim to continue in 2023.
Now, with this most tumultuous year behind us, we’re eager to highlight what you should look forward to in the coming year.
Scorefam Rebrand & V2 Launch
We’ve teased this rebrand for months now but in the first quarter of 2023, it’s finally happening. With a new look, new features, and a more seamless process. We’re taking your staking to a whole new level. We are currently running a private beta for the Version 2 platform launch
We initially intended to launch version 2 of our platform with included the much anticipated Flexible and Multiflex gaming types but with the market downturn and all the unsavory events taking place in the last quarter, we believe launching them in early 2023 would best serve our community with a better chance for them to earn in a more robust market.
Mobile App Release
The community asked and we listened! The mobile app for the platform has been in the works for quite some time and we feel 2023 is the right time to finally let it rip. We’ve worked tirelessly to develop it; from its seamless UI to its efficient UX, it’ll be something to behold.
New Currency Integrations
Just like the BUSD integration in the Multiflex gaming, we aim to include several other currencies into the system to increase reach, expansion, and player preference.
2022 kept us on our toes and 2023 will do the same. With constant interactions, augmentations, and knowledge acquisition around the platform, we believe the betting industry will forever be revolutionized to benefit you.
Keep staking and keep winning!