Convert Malawian Kwacha MWK to ScamFari token SCM

About ScamFari token

ScamFari token is climbing this week. The current price of ScamFari token is MWK 0.004968 per SCM. With a circulating supply of 100,000,000,000 SCM, it means that ScamFari token has a total market cap of MWK 495,429,730.84. The amount of ScamFari token traded has fallen by -MWK 2,199,304.99 in the last 24 hours, which is a 16.82% decrease. Additionally, in the last day, MWK 13,077,277.92 worth of SCM has been traded.

The exchange rate of ScamFari token is increasing. The current value of 1 SCM is MWK 0.004968 MWK. In other words, to buy 5 ScamFari token, it would cost you MWK 0.024842 MWK. Inversely, MWK 1.00 MWK would allow you to trade for 201.27 SCM while MWK 50.00 MWK would convert to 10,063.72 SCM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 5.18%. Meanwhile, in the last 24 hours, the rate has changed by 1.02%, which means that the highest exchange rate of 1 SCM to MWK was MWK 0.004981 MWK and the lowest 24 hour value was 1 SCM for MWK 0.004871 MWK. Last month, 1 SCM was worth MWK 0.006304 MWK. Today, it's down 21.05%. Looking back a year, ScamFari token has changed by MWK 0.008962 MWK. That means that in a single year, the value of ScamFari token has shrank by 44.93%.

ScamFari token Market Stats

What is the project about? Scamfari is a crowd-sourcing platform by the HAPI Foundation, dedicated to making the blockchain safer. It addresses the rising threat of fraud in the cryptocurrency space by empowering users to report scams, phishing sites, and malicious projects. Through a user-friendly website, individuals can submit evidence-backed reports, which are meticulously validated using real-time tools and authoritative data sources. Valid reports are rewarded, fostering a community-driven effort against fraud. Scamfari integrates blockchain technology and smart contracts for transparency, privacy, and secure rewards. By uniting users and technology, Scamfari aims to create a more reliable and trustworthy blockchain ecosystem. What makes your project unique? Scamfari's distinctiveness stems from: - Community Vigilance: Harnessing user reports for a safer ecosystem. - Multi-Layered Verification: Collaboration with experts and data providers. - Blockchain Backbone: Transparency, integrity, and automated rewards. - Web3 Alignment: Transparency, privacy, and user-centricity. - Varied Scam Categories: Covering diverse malicious activities. - Privacy Focus: Secure reporting via wallets and blockchain. - Adaptive Improvement: Evolving verification methods. - Foundation Expertise: Backed by renowned cybersecurity authority. In summary, Scamfari's uniqueness arises from community-driven security, advanced verification, blockchain innovation, and a commitment to a safer blockchain landscape. History of your project. Around 1 Year Ago: HAPI team initiates Scamfari to combat fraud in the crypto space. Goal: Engage community in reporting fraudulent wallets and counter terrorist financing. Months Leading Up to Launch: Scamfari's user-friendly platform is developed, integrating blockchain and smart contracts. Rigorous testing ensures security and functionality. Launch: Scamfari goes live, empowering users to report scams and fraud. Community involvement grows rapidly. Post-Launch: Platform refines verification processes based on user feedback. Reward system encourages active participation. Public Impact: Scamfari gains recognition for exposing scams and malicious projects. Contributes to reducing fraud in the blockchain ecosystem. Ongoing Development: HAPI team continuously improves Scamfari, adapting to emerging fraud tactics and enhancing user experience. What’s next for your project? Expanding Engagement: Growing the user community for more impactful reporting. Advanced Verification: Enhancing verification methods with advanced technologies. Diverse Scam Coverage: Adding new scam categories to address evolving threats. Blockchain Integration: Exploring deeper integration with blockchain capabilities. Partnerships: Collaborating with cybersecurity firms and regulatory bodies. Educational Outreach: Creating resources to raise awareness about scams. Enhanced Rewards: Improving incentives to encourage participation. User Experience: Continuously refining the platform's usability. Data Insights: Offering analytics on reported scam trends. Regulatory Compliance: Ensuring adherence to relevant regulations. What can your token be used for? - Rank Payments: The token can be used to make rank payments, potentially allowing users to increase their rewards. This suggests that users can use tokens to enhance their status within the community and potentially earn higher incentives for reporting scams accurately. - Task Assignment and Commission: The token can be utilized for creating research tasks for researchers on the platform. Additionally, a portion (10%) of the tokens used for tasks is collected by the platform and utilized for token burning, potentially contributing to token scarcity and value. - Ecosystem Rewards: The token can serve as a reward mechanism from partner ecosystems. Other ecosystems can allocate rewards in the form of Scamfari tokens to individuals who uncover scammers within their networks, fostering collaboration and promoting wider adoption of the platform. In summary, the Scamfari token has utility for enhancing rewards through rank payments, facilitating task assignments and commission payments, and receiving rewards from partner ecosystems. It appears to play a central role in incentivizing participation, rewarding contributions, and aligning the interests of various stakeholders within the Scamfari platform and its partner networks.

MWK 0.004968Price
MWK 495.43MMarket cap
MWK 13.08MVolume (24h)
100B SCMCir. Supply

Conversion tables

MWK to SCM values from Today at

MWK 0.50 MWK = 100.64 SCM
MWK 1.00 MWK = 201.27 SCM
MWK 5.00 MWK = 1,006.37 SCM
MWK 10.00 MWK = 2,012.74 SCM
MWK 50.00 MWK = 10,063.72 SCM
MWK 100.00 MWK = 20,127.44 SCM
MWK 500.00 MWK = 100,637.18 SCM
MWK 1,000.00 MWK = 201,274.35 SCM

SCM to MWK values from Today at 2:41 pm

0.5 SCM = MWK 0.002484 MWK
1 SCM = MWK 0.004968 MWK
5 SCM = MWK 0.02484 MWK
10 SCM = MWK 0.04968 MWK
50 SCM = MWK 0.2484 MWK
100 SCM = MWK 0.4968 MWK
500 SCM = MWK 2.48 MWK
1,000 SCM = MWK 4.97 MWK

MWK to SCM over time

MWK
Today
24H
-20,415.42%
1M
-15,862.33%
1Y
-11,158.83%
0.5 MWK
100.64 SCM
102.08 SCM
79.31 SCM
55.79 SCM
1 MWK
201.27 SCM
204.15 SCM
158.62 SCM
111.59 SCM
5 MWK
1,006.37 SCM
1,020.77 SCM
793.12 SCM
557.94 SCM
10 MWK
2,012.74 SCM
2,041.54 SCM
1,586.23 SCM
1,115.88 SCM
50 MWK
10,063.72 SCM
10,207.71 SCM
7,931.16 SCM
5,579.42 SCM
100 MWK
20,127.44 SCM
20,415.42 SCM
15,862.33 SCM
11,158.83 SCM
500 MWK
100,637.18 SCM
102,077.11 SCM
79,311.63 SCM
55,794.17 SCM
1,000 MWK
201,274.35 SCM
204,154.22 SCM
158,623.27 SCM
111,588.34 SCM

Frequently asked questions

Right now, 1 ScamFari token is worth about MWK 0.004968.

Based on the current rate, you could get 201.27 SCM for 1 MWK.

ScamFari token price has been on the rise. Since yesterday, the exchange rate of ScamFari token has increased. Since last month, the exchange rate of ScamFari token has decreased. Since this time last year, the price of ScamFari token has decreased.

You can use our SCM to MWK calculator at the top of this page to convert any amount of SCM to MWK. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 MWK is equivalent to 1,006.37 SCM. Inversely, 5 SCM will cost about MWK 0.02484

ScamFari token can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy ScamFari token.

There are a number of crypto assets that have the a similar or comparable market cap to ScamFari token, including Sovryn Dollar, EURØP, and Audiera AI (beataii.xyz). For a more robust list of assets to explore, jump to the asset page dedicated to ScamFari token.

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