[A8] - Scorefam overview

1. What is Scorefam?

Scorefam project is set up to innovate the way we use blockchain technology in gaming, by creating a bridge between the cryptosphere and the world of Football. To put it simply: we created a crypto token, a football gaming platform using blockchain technology and issuing our own cryptocurrency (SFT).

The mission is to bridge the gap between the crypto world and the world of sports. In doing that, we offer a degree of anonymity and complete ownership over the game assets, and from a broader point of view, we bring our contribution to the mass adoption of DLT (Distributed Ledger Technologies) such as blockchain.

Scorefam has come to offer a blockchain sports gaming service where users earn by predicting and staking, engaging in the football fantasy league and trading NFT player cards, all on the Scorefam platform with ease. This brings a significant advantage to Scorefam, giving the token an edge when compared to existing crypto tokens.

2. Products

The Scorefam ecosystem comprises of 2 interrelated platforms:

Scorefam Predict & Win - A Play-to-earn sports prediction game.
Scorefam Fantasy & NFT Marketplace - A fantasy sport game, where players can buy, sell, trade, and manage a virtual team with digital player cards in the NFT marketplace.

Scorefam Predict & Win

Scorefam allows users to exercise their football knowledge and skills by predicting different outcomes that can happen in a football match. Users stake any amount of SFT to play and are rewarded SFT for every correct prediction they make. The SFT can be used on the platform to stake on matches. Check out the details of the Predict & Win below and see how it works.

The Predict & Win is segmented into 3 gaming types to accommodate risk profiling for users.

  • Locked Gaming: This is a gaming system that allows users to invest in sport gaming events that are locked for 7 days with a weekly percentage yield of up to 20% upon successful prediction of a game and no loss for a wrong prediction. This feature has also been expanded to include different ticket sizes based on the amount of Scorefam Tokens staked on a specific game, including VIP, Gold, and Bronze ticket sizes.
  • Flexible Gaming: With this gaming system, users will be able to stake and select matches based on their desired amount of odds, with a maximum limit of three games in a ticket. In the event of a lost prediction, users will receive a refund of 20% of their staked amount.
  • Multi-Flex Gaming: With this gaming system, users will be able to stake and make selections on available matches based on their desired amount of odds, up to a maximum of 10 games in a ticket.

Scorefam Fantasy & NFT Marketplace
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Scorefam will introduce a fantasy game of football, where players can buy, sell, trade, and manage a virtual team with digital player cards in the NFT marketplace. Scorefam model will offer a play-to-earn mix of fantasy football and game card trading on the blockchain. These features will be available on the mobile application for IOS and Android for users to experience the ultimate sports experience of a lifetime.

3. Tokenomics

Scorefam Predict & Win:

All bets must be placed with Scorefam Tokens. As more bets are placed the demand for Scorefam tokens increases and the circulating supply decreases, as tokens are locked until a winner is determined.

Scorefam Fantasy & NFT Marketplace:

The Scorefam Fantasy & NFT marketplace will enable people to buy, sell and trade their player cards NFT’s with the Scorefam token.

Burning Mechanism: For every game played (whether Locked, Flexible or Multi-Flex), the amount staked in SFT is burnt on staking to reduce the circulating supply of SFT.

Referral Rewards: Frequent and large bettors and referrers will be incentivized with Scorefam Tokens. To encourage new users to join the platforms and grow the user base, bonus tokens/bets will be given to users to place their first bets on the platforms.

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

Token information

Name: Scorefam

Symbol: SFT

Max Supply: 500,000,000

Initial Supply: 14,250,000

Token Type: Binance Smart Chain & NEAR

4. Roadmap

Q2 - 2021

  • Project Initialized & Development of the Scorefam Token.

Q3 - 2021

  • Development of Scorefam platform
  • Recruit initial team
  • Integration with chainlink & sportmonk

Q4 - 2021

  • Seed Sale
  • Beta test launch infused with airdrop campaign - 67,000 users registered

Q1 - 2022

  • Incorporate legal entities in BVI
  • Draft legal documentation for token sale
  • Private Sale
  • Commence security audit on Scorefam platform
  • Curacao gaming license application

Q2 - 2022

  • Release of MVP (Locked Gaming)
  • Token generation event & listing on PancakeSwap
  • Partnership with the biggest game publisher in Africa
  • Listing on CoinMarketCap & CoinGecko
  • Listing on BitMart
  • Development of the Scorefam Fantasy & NFT Marketplace

Q3 - 2022

  • Release of Flexible Gaming type
  • Release of Multi-Flex Gaming
  • Launch IOS & Android App for Scorefam
  • Listing on top 3 crypto exchanges

Q4 - 2022

  • Launch Fantasy & NFT marketplace
  • Introduce a world cup tournament feature in the Predict & Win for the FIFA World Cup 2022.
  • Development of more sports event into the Scorefam Ecosystem (Formula 1, Basketball, etc)
  • Partnership with a popular football club in the EPL.

5. Team and Advisors

CEO - Simisoluwa Adeyemo - Linkedin Entrepreneurial CTO & product manager with experience in building complex and high growth products at innovative tech companies.

COO - Babasola Sofowora - Linkedin A self-assured entrepreneur with over 3 years experience in business management, driving the business by setting strategic objectives and ensuring a smooth operational delivery.

CTO - Chinaza Okpara - Linkedin A blockchain smart contract developer and a blockchain engineer with over 5 Years of tech experience in building scalable applications.
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CMO - Oluwaseun Adekanbi - Linkedin A trained and certified marketing professional with 7 years experience working in fields like blockchain, fin-tech, sport betting and management consulting.

6. Backers