Scallop Weekly Updates

Did you miss anything about Scallop recently? If yes, don’t worry I’ll be giving you a flashback on the big events and activities that took place in this article. Scallop CEO gave lot of product updates during the community AMA which got community members very excited and as well triggered important questions.

Here we go....

Indian Freedom Giveaway

On 15 August, 2022 Scallop gave out a mouth watering prize pool of 10000 $SCLP to the Indian Community as they celebrated their Independent day. Hope you now know why it’s tagged 'Freedom Giveaway’.

The contest ended four days ago, and the team is yet to announce the winners. Keep your eyes on Scallop official channels to stay updated. The rules were quite simple to participate:


  • Register/KYC on Scallop Exchange, deposit $100. Be one of the 100 lucky users to win 50 $SCLP.
  • 10 lucky winners who trade a minimum of $200 will be eligible to win 500 $SCLP.


Scallop CEO, Raj Bagadi addressed the community as usual on products release, progress, and answered all questions from the community. Raj gave promising information about the Scallop App and Chain. Scallop App is currently undergoing a beta test by the ambassadors and some early supporters. Once that is completed, whitelisted users would be onboarded to test the App too. The Scallop Chain mainnet would be launch soon hopefully in the next quarter. One unique thing about the chain is the fact that each wallet address would be an IBAN number.


Scallop is actively accepting applications for it’s ambassadorship program. So if you wish to become the face of Scallop by offering timely, consistent and beneficial contributions? Then you’re few steps to the spotlight, join other ambassadors and be part of the big family!

To join, fill out the form below.


About Scallop

Scallop is an innovative fintech ecosystem for users who want a faster, more efficient way to manage their crypto + fiat in a single place securely. Scallop’s mission is to bring digital assets into mainstream use and bridge the gap between decentralised and traditional finance.

Learn more about Scallop:

📍 — Website | Twitter | Telegram | Medium | Linkedin | Instagram



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