Yes. As far as Scorum Tokens are not securities and Scorum Tokens would not be deemed to meet the definition of security and, accordingly, the federal securities laws do not apply to the initial distribution of such Tokens in the United States. See the legal opinion here.
Yes, the crowdsale was construed in compliance with legal regulations to the maximum relevant extent under the applicable law, covering the Scorum Token seller, as well as subject to the standard list of disclaimers and general uncertainty of such regulation. As to the legal regulations connected with the future betting functionality, the betting functionality depends on further legal structuring and compliance. For that reason there is no guarantee and certainty of this functionality availability for the citizens and residents of the regulated jurisdictions. More legal details about Scorum Token sale you can find in the Terms of Token Crowdsale.
Scorum’s economic model is based on three independent revenue streams: internal advertising, partner programs and earnings from photo database. Our core belief at Scorum is that the success of our cryptocurrency is based on support by the real economy.
Scorum Coins (SCR) tokens is a liquid cryptocurrency which can be bought or sold at cryptocurrency exchanges or transferred to other users. These tokens will be available for purchase during the Token Crowdsale. Scorum Power (SP) is an internal token that is needed to enable technical interactions between the system’s users. SP value is directly proportional to SCR (at 1:1 ratio).
No, a finite amount of SCR and SP tokens will be issued.
No, but you can sign blocks and get rewarded. We’ve set aside a 1M SP pool to be distributed among witnesses (delegates signing blocks) and will further reward them with 4% of SCR generated from advertising profit.
The affiliate will receive 5% SCR from the amount of SCR purchased with their referral links. 930K SCR are available for affiliates who help attract token purchasers for the Token Crowdsale. Every affiliate that participates in the program has its unique referral code (the link with the code is available in users’ personal account on the Scorum Token Crowdsale website) which can be used to track Scorum Coins buyers. For example, an affiliate placed the link on social networks. A certain number of token purchasers went via this link to buy 1000 SCR. Thus the affiliate will get 50 SCR. Learn more and participate.