Scorecoin (SCORE) is a relatively new and upcoming digital currency. Scorecoin is a virtual currency that concentrates on the industry of billion-dollar gaming and advertisement. Scorecoin has introduced a mobile application lately. The user can earn SCORE coins using this mobile application. The user can earn SCORE by either playing games on this mobile application, by watching the videos or by just clicking on the advertisements.
Scorecoin was originally a Proof of Work (PoW) digital coin, is now upgraded to an application of capabilities of Master node. The present version of Scorecoin is a Proof of Stake (PoS) crypto coin. The objective of Scorecoin developer team is to connect the developers of games with game players. Here, the game players are empowered to transact seamlessly and become able to purchase extra functionalities within the related games. The projected utility of Scorecoin is to act as an in-game currency to be used in mobile games. The developer team of Scorecoin is trying hard to develop Scorecoin as a method of payment within game stores.
Currently, as a method of making payments, Scorecoin is scoring over Bitcoin in two distinct and different ways. The transactions of Scorecoin are getting confirmed much faster than Bitcoin. This makes Scorecoin more useful cryptocurrency for making payments. The transaction fees for Bitcoin is much too high to suit small transactions. Scorecoin proves itself suitable for making microtransactions for purchases made.
Scorecoin has made a specific focus on games played on mobile applications, which makes it different from other crypto projects those operate in the larger sphere in the world of gaming. Scorecoin will restrict itself to games played on Android at first. Later, this virtual coin project may expand its solution for in applications to IOS games in time to come.
SCORE, the token in Scorecoin, is a mineable cryptocurrency. The Scorecoin Master node version is a Proof of Stake coin. This liberates the miners from acquiring dedicated hardware for mining SCORE. This Master Node Proof of Stake mechanism provides the Scorecoin miners and the community a mining solution that is not only simple but also energy efficient. The owners of Master nodes receive incentives for locking their coins. These incentives are used by the Master node owners to continue operation of their node. The Master node owners then receive a reward that is given to them periodically. These rewards are given in Scorecoins, SCORE.
Scorecoin is a virtual coin that focuses on games played on mobile applications, especially on Androids. It plans to expand to IOS in near future. This cryptocurrency has great potential to be a very popular digital coin.
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