FAQ’s

In other industries, traditional insurance platforms often rely heavily on manual operations, including claim processing and customer service, which can lead to longer processing times. In contrast, the blockchain-based BTI smart insurance platform utilizes smart contracts to automate the execution of insurance policies and the claims process, increasing efficiency and shortening processing times. Additionally, the smart insurance platform reduces reliance on intermediaries, establishing direct connections between insurance providers and clients, further lowering operational costs, and thus offering faster and more economical services to users.

In the BTI platform, the core of the claims process is the dynamic risk assessment using advanced smart contract technology and complex econometric quantification functions. The order review is not based on a single proportional relationship but is judged based on the actual situation. The platform initially calculates each insured order’s dynamic risk index by acquiring a series of key parameters, such as the insurance coverage amount, policy duration, the size of the position in the futures order, leverage ratio, order type, market trading volume, liquidity, various technical indicators, and economic and macroeconomic factors. Therefore all assets are safe.

To ensure the stable development and healthy operation of the ecosystem, team, and equity user tokens will be locked for 3 years. And gradually release linearly after unlocking.

After the internal testing is completed, the platform will uniformly add liquidity and conduct buybacks in batches. Why is Scorums’s economic model sustainable?

We have submitted currency listing applications to several leading exchanges and have passed several reviews. We will be listed soon after trading opens.

Please refer to the Disclaimer section of the BTI white paper.

The platform employs this method to accumulate a sufficient number of active users during the beta testing phase, while also aiming to alleviate the concerns of the contributors and ensure that they generate substantial profits.

Financial and insurance services often involve complex business rules and calculations, and they are associated with a significant amount of monetary transactions and risk management. Therefore, the platform must be exact and reliable. Testing with a large volume of real data can help developers identify and correct errors that could lead to financial losses or inaccurate risk assessments.

We plan to gradually expand our promotion through well-known news reports, offline seminars, endorsements by top bloggers, USDT prize pools, and other means to ensure that the number of new users exceeds 10,000. In the initial phase, the buyers and the project are inextricably linked. Through a viral marketing strategy that spreads from mouth to mouth, everyone will reap significant benefits following the successful internal testing and promotion of the project.

We are not a profit-seeking shell project that exploits investors. Our vision is to safeguard and foster the entire industry, with the robust growth of the project being our primary goal. To prevent a bank run, after the completion of beta testing, we will add liquidity to the project and release a detailed buy-back plan worth 5 million US dollars. This ensures that every contributor of experimental data can reap benefits.

We will introduce benefits through various activities, including giveaways of gift packages. These packages will contain items such as 500 USDT, BTI airdrops, and eligibility to participate in the insurance testing phase.

• Follow the community activities published by the official.
• Participate in the seed round auction.
• Log in and sign in on the official website.