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About SCM

Scamfari is a crowd-sourcing platform, part of HAPI Foundation, a leading cybersecurity and cryptocurrency security company. Our mission with Scamfari is to make the blockchain safer and more secure by increasing user safety, awareness, and literacy in the face of potential fraud within the cryptocurrency world. We believe that by working together we can combat the growing threat of fraud and create a more reliable and trustworthy blockchain ecosystem. Our platform is designed to collect addresses of scammers, phishing sites and fraudulent blockchain projects whilst rewarding community members for their efforts. Using authoritative data sources and advanced tools with real-time access, we ensure the accuracy of the submitted data. Scamfari is designed with the Blockchain in mind. Offering transparency of submissions and rewards by bringing the whole operation on-chain! We are strong proponents of Web3 technology and actively support its principles. Using Scamfari is simple and user-friendly. Users can report fraudulent or malicious projects through our website. They create a nickname that will be displayed on the TOP of active users, choose a category from the provided options (Social Media Scammer, Fraudulent Website, or Scam Project/Rugpull), and submit the report with accompanying proof. Once validated, users receive rewards for their submissions. Join us now in the fight against fraud, and let`s build a safer and more secure blockchain ecosystem together!

ScamFari token (SCM) is a cryptocurrency launched in 2023. SCM has a current supply of 100.00Bn with 0 in circulation. The last known price of SCM is 0.000004628102 USD and is 0.00000003172 over the last 24 hours. It is currently trading on active market(s) with $27,157.13 traded over the last 24 hours. More information can be found at https://scamfari.com/.

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SCM Price Statistics
SCM’s Price Today
24h Price Change
+$0.000000031720.69%
24h Volume
$27,157.1317.99%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#6340
SCM Market Cap
Market Cap
$0
Fully Diluted Market Cap
$462,810.24
SCM Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
SCM Supply
Circulating Supply
0
Total Supply
100.00Bn
Max Supply
100.00Bn
Updated Oct 18, 2024 4:37 pm
image
SCM
ScamFari token
$0.000004628102
$0.00000003172(+0.69%)
Mkt Cap $0
There's nothing here for now
UAE To Introduce Legal Framework For DAOs
UAE To Introduce Legal Framework For DAOs
According to Cointelegraph, the Ras Al Khaimah Digital Assets Oasis (RAK DAO), a free economic zone in the United Arab Emirates focused on digital assets, is set to introduce a legal framework for decentralized autonomous organizations (DAOs). The new regime will be introduced and discussed at the DAO Legal Clinic on Oct. 25, as announced by law firm NeosLegal and RAK DAO. Irina Heaver, a partner at NeosLegal, stated that the framework is expected to clarify how DAOs can remain legally compliant, which she believes will significantly impact decentralized governance and the broader Web3 ecosystem in the UAE. The new framework will address legal and governance requirements for DAOs, including establishing a legal structure. This structure will clarify tax obligations and benefits, enable property ownership of onchain and offchain assets, and provide legal protection from personal liability for a DAO’s founders, members, and contributors. The legal framework will also enable DAOs to enter legally binding contracts and establish guidelines for resolving internal and external disputes. Heaver mentioned that DAOs can be registered in the UAE under the new regime without physically being in the country, allowing them to be “established remotely.” This remote accessibility makes it easier for global participants to engage with the UAE’s burgeoning virtual assets sector. Heaver believes that introducing the legal framework would continue to establish the UAE’s position as a global hub for blockchain and digital asset innovation, attracting entrepreneurs and developers. While Switzerland also allows DAOs to be set up through a legal wrapper, the process in the UAE is much more cost-effective. In Switzerland, a DAO setup may cost up to $46,000, whereas in the UAE, the process could start at $3,000. This affordability allows even the smallest DAOs to protect themselves and operate within a legal framework.
Oct 18, 2024 4:24 pm

Frequently Asked Questions

  • What is the all-time high price of ScamFari token (SCM)?

    The all-time high of SCM was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of ScamFari token (SCM) is 0. The current price of SCM is down 0% from its all-time high.

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  • How much ScamFari token (SCM) is there in circulation?

    As of , there is currently 0 SCM in circulation. SCM has a maximum supply of 100.00Bn.

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  • What is the market cap of ScamFari token (SCM)?

    The current market cap of SCM is 0. It is calculated by multiplying the current supply of SCM by its real-time market price of 0.000004628102.

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  • What is the all-time low price of ScamFari token (SCM)?

    The all-time low of SCM was 0 , from which the coin is now up 0%. The all-time low price of ScamFari token (SCM) is 0. The current price of SCM is up 0% from its all-time low.

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  • Is ScamFari token (SCM) a good investment?

    ScamFari token (SCM) has a market capitalization of $0 and is ranked #6340 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze ScamFari token (SCM) price trends and patterns to find the best time to purchase SCM.

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