Scorpion Finance x IM community AMA RECAP
TELEGRAM AMA: Im Community & Scorpion Finance 🐋
⏰ AMA Timing : 14 November 2021 l 02:00 PM UTC l 21:00 GMT +7
Venue For AMA : https://t.me/imcommunityitw
🎁 Reward Pool 100 USDT
Bà Tân | : Welcome @cryptossean from Scorpion Finance.
Bà Tân | : Welcome everyone. Today Im Community will host AMA with Scorpion Finance.
Bà Tân | : Today our guest is: @cryptossean from Scorpion Finance.
Sean : Thank you���
Bà Tân | : Can you introduce yourself to our Im Community?
Sean : My name is Sean O’Lad and I am the director of contents for Scorpion Finance.���
Bà Tân | : Thanks for the introduction.
Bà Tân | : Today’s AMA will have 3 sessions
Sessions 1: The chat will be muted & the team will introduce themselves then we will ask some introduction questions to the team Scorpion Finance
Sessions 2: We will pick 5 Best Question from our members on Our Tweet (https://twitter.com/IM_Communityitw/status/1459538264226877446).
Sessions 3: The conversation will open to the community questions and the 5 best questions will be selected.
Bà Tân | : Requirements:
���Im Community (https://t.me/imcommunityitw)
���Scorpion Finance (https://t.me/Scorpfin)
���Twitter Scorpion Finance (https://twitter.com/ScorpionFinance)
���More information about Scorpion Finance :
Bà Tân | : Start session 1 AMA @cryptossean
Bà Tân | : Question1. Can you briefly describe what is Scorpion Finance? We would like to know more about it and how it works.
Sean : Scorpion Finance is a new DeFi project on the binance smart chain with a robust ecosystem that aims to provide series of services in the crypto space with its multiple DeFi applications such as ScorpSwap, ScorpFolio, ScorPay, ScorpGames and ScorpNFTracker & Marketplace. Each of these applications is unique and plays a role in ensuring that Scorpion Finance becomes a force to be reckoned with in the DeFi industry.
-ScorpSwap is a Decentralized Exchange that allows peer-to-peer transactions and doesn’t need a third party/intermediary. With the swap comes along staking and farming features.
-ScorpFolio is a DApp that allows on time tracking and analysis of crypto assets on all Binance smart chain wallets.
-ScorPay is an app that enables payment for goods and services with the use of cryptocurrency.
-ScorpGames is an application specially designed for online gamers. Here we offer the world’s first crypto infused VR/AR games in the history.
-ScorpNFTracker & Marketplace is a one stop shop for NFT purchase and also real time tracking of your collectibles and historical market sales data of each NFT
All 5 applications will be run using ScorpFin tokens, a deflationary native token of Scorpion Finance ecosystem that offers dual rewards in 10% BNB and 5% ScorpFin for all holders of the token. Interestingly, this project has a buy back and burn feature also!
Bà Tân | : Question2. What products are the Scorpion Finance team developing at the moment? @cryptossean
Sean : We already have developed the ScorpFolio and ScorpSwap, both are in beta phase and will go live after they’ve been fully tested and approved.
We’re also working on our staking application which will go live at the end of this month. Ongoing in the development stage also is our NFT games which we will push out in the first quarter of 2022.
Our roadmap is simple and clear and our aim is to achieve all that’s been proposed. For full details, kindly visit
Bà Tân | : Question3. What are the unique features Scorpion Finance provides as compared to other projects? @cryptossean
Sean : We have ScorpGames, the crypto infused VR/AR games that operates on a play-to-earn model, in the development stage. This is the biggest feature of our project that’s quite unique and sets us apart. When this finally goes live, we would be the first to have accomplished it. And of course, the fact that holders earn passive income simply by just holding ScorpFin tokens���
Bà Tân | : Question4. What role does the $ScorpFin token play in your ecosystem? What are the benefits of long-term holding? @cryptossean
Sean : $ScorpFin is the native token of Scorpion Finance ecosystem, it serves as the currency of the platform. All transactions taking place will be taxed in $ScorpFin (transaction fee).
The benefits of holding $ScorpFin long term is quite incredible. All holders get dual rewards; 10% in BNB and 5% in $ScorpFin. Passive income earning
Bà Tân | : Question5. What is the development roadmap of the Scorpion Finance project at present and in the future? @cryptossean
Sean : We’ve got quite a lot in the development stages and proposed stages.
Please allow me to share these with you as illustrated in our website. Thank you���
Bà Tân | : End of session 1
Bà Tân | : We will move on to session 2
Bà Tân | : Sessions 2: We will pick 5 Best Question from our members on Our Tweet (https://twitter.com/IM_Communityitw/status/1459538264226877446).
Bà Tân | : Question1. @basilaazaria
Why will 5% reflections in Scorpion Finance be beneficial to your token holders? And is your sell tax of 16% to be somewhat of an anti-whale mechanism to protect your users ?
Sean : SccorpFin being a reflection the token, the 5% in reflections is considered as loyalty rewards. Holders don’t need to increase their positions of they don’t desire to do so and still their holding increase over time, as long as they’re not selling. They can decide to be staking their reflections, which could in turn double their overall holdings in the long run.
The sell tax is to actually encourage holding as against selling. We want users to see good reasons to hold the tokens, who’s going to sell eventually will. There’s no doubt but we want majority of users to hold the token for as long as possible and also get to enjoy the benefits attached to holding.
Bà Tân | : Question2. @TrnLKhi4
ScorpGames, when is your possible launch of your own blockchain game? Can you tell us a bit about it?
Sean : We shall launch our games in the first quarter of 2022.
With GameFi being one of the hottest new trends in the crypto industry by combining decentralized finance (DeFi) and non-fungible tokens (NFTs), with blockchain based online games, we have positioned ourselves with the introduction of ScorpGames, the first VR/AR crypto infused game. Unlike traditional online games that operate on a “pay-to-win” model, ScorpGames operate on a “play-to-win”/ “play-to-earn” model. The concept involves giving players financial incentives, in this case ScorpFin tokens, to play and progress through games.
Players earn NFTs, BNB and ScorpFins as rewards
Bà Tân | : Question3. @Louis1Harold
Sean : We are all aware that the gaming market is highly competitive. Many platforms are striving to reach the largest number of users. How will Scorpion Finance compete with other gaming platforms? What are your best advantages for attracting many users?
Players earn NFTs, BNB and $ScorpFin tokens. This is by far the biggest rewarding system in the gaming industry. Let’s not forget the ease of play, no form of professionalism is needed to play our games.
Bà Tân | : Question4. @AlexanderDao3
Today, staking and farming takes place in most financial platforms. Will Scorpion Finance participate in staking to attract more customers and investors to this platform? If yes, what would be the APR or APY in your platform?
Sean : Yes, we will offer staking and farming. As a matter of fact, this feature will go live by the end of this month.
We will give an update on the APR once we go live. Thanks
Bà Tân | : Question5. @RobertTitus27
Partnerships are very important for any platform to build up from zero level to success. So does ‘Scorpion Finance’ have strong partners to support for withstanding against huge competition in crypto market?
Sean : We’re just about 2 weeks old at the moment and we already are in discussion with multiple platforms that would like to go into partnership with us.
More details will be revealed as we conclude.
Bà Tân | : Congratulations to the winners of session 2.
Bà Tân | : Alright, Session 2 has finished perfectly. Appreciate your detailed responses @cryptossean ���
It’s been a pleasure answering���
Bà Tân | : End of session 2
Bà Tân | : We’ll move on to session 3
Bà Tân | : Sessions 3: The conversation will open to the community questions and the best questions will be selected.
Bà Tân | : Don’t forget to join the group https://t.me/Scorpfin
Bà Tân | : Group will unmute now so everyone can ask questions.
Bà Tân | : Thanks for the questions from the community.
Bà Tân | : Now let’s give our dear guest @cryptossean some time to go through them.
Sean : How many questions are my to answer please?���
Bà Tân | : Please choose the best 5 questions and answer it for session 3. Thanks.
Sean : Ok
Q1. What are the plans of your team for this project in place for global expansion, are you focusing on market at this time? or focus on building and developing or getting customers and users, or focusing on partnerships?
Sean : We’re actually multi tasking. Thanks to the incredible team we’ve got.
We are focused on marketing which is ongoing, we’re developing our products and of course driving global expansion
Q2. How can I buy this tokens? Is it available on any exchange?
How to buy ScorpFin?
Sean : ➡️METHOD 1 (scorpswap)
Open this link ( https://exchange.scorpion-finance.com/#/swap ) in Trust wallet or Metamask.
Connect your wallet & choose Scorpfin & swap with BNB or any other token.
Open this link (https://www.flooz.trade/swap)Please check your wallet is connected first.Search for ScorpFin & Swap smartchain BNB or any other token to ScorpFin.
You can also buy ScorpFin on PancakeSwap.Open this link (https://pancakeswap.finance/swap)and connect your wallet.Search ScorpFin and swap BNB or any other token with ScorpFin.
Q3. Security is the most important thing to consider want starting up a project, how secured is this project for users and investors?
Sean : We are very much aware of what security means to projects in this space and we never took that for granted.
We’ve been fully audited and certified before launch, by InterFi
Q4. Currently, NFT is very hot, do you think you will apply NFT technology to your products in the future?
Sean : Of course, we have NFT marketplace coming up down the road. Kindly check our roadmap for more details. www.scorpion-finance.com
Q5. Is your project only for elite investors, what about others with small funds, is it open to everyone?
Sean : Our project is open to everyone, biggest funds and smaller funds. We do not have a buy limit.
With Scorpion Finance, everyone is a winner���
Sean : 5 questions answered���
Bà Tân | : Thanks for the useful information from @cryptossean
Bà Tân | : End of session 3
Bà Tân | : For questions that have not been answered today, you can send them to @Scorpfin for answers.
Bà Tân | : Congratulations to the winners of session 3.
@BlockedShots ( Do not jOIN Group )
Bà Tân | : IM Community, if you would like to know more about Scorpion Finance ! here are some useful links for you:
Official Website: https://scorpion-finance.com
Sean : Thank you for allowing me���
Bà Tân | : Allright, I declare the Im Community AMA with Scorpion Finance has ended.
Thanks to @cryptossean | Scorpion Finance joined us and provided us with Scorpion Finance information, we hope that this knowledge makes us understand more about https://scorpion-finance.com (https://scorpion-finance.com/)
To the members, thank you for following this event to the end. winners will be announced soon.
Sean : Bye everyone������