
SCR Token Announces Call For $10 Million Investment To Bolster Digital Asset Security
The project seeks $10 million to ensure operational flexibility, though we suggest only $1 million will be actively utilized for core development, marketing, and partnerships. Remaining funds will be allocated to a reserve treasury, earning yields via secure staking and DeFi integrations to compound value over time.”Why seek billionaire backing? Visionaries like Elon Musk, who has championed crypto adoption through Tesla and SpaceX, or Mark Cuban, with his history of bold blockchain investments, could see SCR as an extension of their portfolios-protecting wealth in an increasingly digital world,” said the SCR founder.“Others, such as Jeff Bezos or Michael Saylor, known for strategic asset accumulation, might appreciate SCR's focus on impregnable security amid rising cyber risks.”
A poignant motivator for the project stems from the founder's personal ordeal: the theft of 0.37 Bitcoin and 0.41 Ethereum.“Even if subjected to torture or robbery, these assets are irretrievable without private keys,” the founder explained.“SCR addresses this gap by creating fortified reserves that prioritize recovery-proof designs, ensuring no single point of failure. We've learned from hacks-building in quantum-resistant encryption and distributed ledgers to make theft futile.”Implementation will unfold in phases: Phase 1 deploys $500,000 for prototype testing and audits by Chainalysis and Blockchain.
Elon or Mark curious?

Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- Bydfi Joins Korea Blockchain Week 2025 (KBW2025): Deepening Web3 Engagement
- Cregis Joins TOKEN2049 Singapore 2025
- SPAYZ.Io White Paper Explores Opportunities, Challenges And Ambitions In Payments Industry
- Cregis At TOKEN2049 Singapore 2025: Unlocking The Next Frontier Of Adoption
- Space And Time Integrates USDC Payments For ZK Coprocessing To Expand Access To Verifiable Onchain Compute
- Codego Launches Whitelabel Devices Bringing Tokens Into Daily Life
Comments
No comment