Scotcoin – an ethical cryptocurrency – is making its debut at TOKEN2049 Dubai. We find out how the newly-listed crypto plans to make waves and showcase its mould-breaking crypto DNA.
Scotcoin? Something Scottish, right? Possibly a cryptocurrency? Yes, you’re doing well. But there’s much more to share. The newly-listed token – listed at both tier 1 crypto exchange MEXC and on Uniswap – is a token with purpose. It is a social impact token – meaning it does good things.
At TOKEN2049 it is here to tell its singular story.
At this year’s TOKEN2049 Dubai (April 30th– May 1st 2025) the arrival of Scotcoin raises a different kind of question.
What’s a digital asset forged in Scotland doing at the beating heart of crypto capitalism?
Answer: disrupting it: quietly, deliberately, and with purpose.
The token isn’t a coin chasing hype or chasing whales. It’s a movement rooted in real-world utility, social equity, and cultural identity. And while Scotcoin may not have launched with the bang of a billion-dollar ICO, it’s grown into something far rarer: a digital currency that actually means something.
As The Scotcoin Project’s CIC’s CEO Temple Melville observes: ‘Our objective is to use the medium of crypto to help create a more equitable world.’ He ups the ante even further adding: ‘It is critically important that we all do our utmost to help the disadvantaged, but equally in the wider world it is incumbent on us to ‘go green’ and take the sustainable and circular-use paths.’
As Dubai hosts the crypto elite – VCs, founders, futurists – Scotcoin lands with a more humane kind of pitch: a private conversation. An exclusive, off-market gathering. Part networking, part reveal, event is scheduled. Mr Melville will be holding an invitation-only event at TOKEN2049 to showcase Scotcoin. (Email direct for an invitation to: Temple@scotcoinproject.com).
THE BACK STORY
Most cryptocurrencies are born in code. Scotcoin was born in culture and with an ideology.
Originally conceived in the early days of the crypto curve with the intention of providing a complementary currency for Scotland (an objective still), Scotcoin’s relaunch in 2016 wasn’t just a rebrand, it was a realignment.
Instead of trying to compete with the noise of volatile tokens Scotcoin planted its flag in the ground: supporting those in need; engaging with business to develop a powerful ecosystem. It was about real-world use and real-world impacts.
Think of it as digital currency with a social spine. As well as a moral compass.
Its backbone is Scotland – a nation with a long-standing history of innovation. That’s not just a soundbite, that’s a truth. Scots invented (deep breath) the TV, phone, the fridge, steam engine, tarmac, penicillin, colour photography and even the world’s very first cloned animal – Dolly The Sheep. And that’s not even touching the surface.
But the mission isn’t nationalist. It’s 100% global. Scotcoin is tapping into a worldwide movement of people who believe that crypto should mean something and do something – not just make something or store value.
The project sits at a delicate intersection of financial inclusion and tech integrity. It’s about putting digital currency to work in ways that benefit people.
From supporting social enterprises to enabling frictionless peer-to-peer exchange with community impact baked in, Scotcoin has the unusual distinction of being both progressive and pragmatic. As Mr Melville neatly encapsulates: ‘Individuals and organisations will be able to apply for goods and services to help with their own missions, direct from TSPCIC itself. We have preferred partners in the food, clothing and shelter sectors. The preferred partners accept Scotcoin for goods and services with a view to helping those who need it.’
VISION THING
It’s not trying to be the next Bitcoin. It’s trying to be the first of something else. As Mr Melville observes: ‘Crypto shouldn’t just be about shifting capital. It should be about shifting possibilities—for people, for places, and for purpose. That’s what we’re exploring with Scotcoin.’
In a culture obsessed with hype and shooting star unicorns, the pumps, the dumps etc. Scotcoin operates on a different frequency. This is a coin built to endure. More importantly, it’s been built to matter.
What makes Scotcoin unusual is that it’s a cryptocurrency backed by a Community Interest Company – a legal structure in the UK that commits it to accountable public good, not private gain. The Scotcoin Project CIC isn’t playing dress-up in ESG buzzwords. Its mandate is real: to use digital currency as a tool for social impact, financial inclusion, and long-term community benefit.
It’s easy to talk values in crypto. It’s harder to structure a token around them.
Scotcoin doesn’t pitch itself as the saviour of global finance. But it does ask a powerful question: what if crypto could actually do good?
That’s not just a theoretical question. The project has already supported various social enterprise initiatives with access to Scotcoin, helping explore and define further how crypto might bridge gaps in access to food, clothing as well as goods and services.
At the heart of it is Scotscan, a proprietary app (available on Google Play and the App Store) that enables peer-to-peer Scotcoin transfers with zero transaction fees between users. Each user gets a unique @SCOT address, enabling seamless point-of-sale and online payments. Preferred partners – retailers, social projects, and ethical businesses – are already onboarded into the ecosystem and the numbers are rising.
LISTING AND THE FUTURE
As Mr Melville observes: ‘Our recent listing has woken up many businesses and organisations to the possibilities that exist with an ethically-facing cryptocurrency like ours. Practically, it means we not only act in a supportive role for charities and third sector groups, but we also work in tandem with businesses which struggle with waste issues. One key industry for us is clothing; we have umpteen case studies of taking surplus stock from clothing manufacturers, giving them Scotcoin in return and then donating clothes that would have been incinerated to charities and their end users. Everyone wins in this scenario.’
There are now over 6,000 holders worldwide. The community has grown year on year—and not through gimmicks, but through people seeing value in a currency with integrity.
Scotcoin is listed on MEXC, a tier-one global exchange that brings significant visibility and accessibility. For those who prefer a decentralised route, Uniswap listing is live – ensuring users can buy, swap, or hold Scotcoin without barriers. A listing on Biconomy is confirmed, and further exchange announcements are scheduled.
THE POTENTIAL OF CRYPTO
One of the big conversations around crypto right now is about what it should and can do.
And it’s happening right as the crypto world starts to wake up to the idea that meaning and function just might be the next big narrative for a commodity largely starved off both..
In the words of Temple Melville: ‘Crypto shouldn’t just be about shifting capital. It should be about shifting possibilities – for people, for places, and for purpose. That’s what we’re exploring.’
It might seem unusual for an ethically-rooted digital asset with a social conscience to show up at a mega-event like TOKEN2049 – best known for hype, hustle, and champagne-fuelled pitch decks. But that’s the point.
Scotcoin isn’t at Token2049 to follow the crowd. It’s there to remind the space what crypto has the potential to be.
Dubai provides the perfect contrast: If a socially conscious digital currency can hold its own here – among the money, the glam, the hype – it can hold its own anywhere.
Token2049 is where empires flex and new players flash. It’s also where quietly disruptive ideas walk the halls, sidestep the booths, and find the people who actually ‘get it.’
Scotcoin’s appearance in Dubai is a moment, but it’s also a signal. That a values-led coin, rooted in social inclusion and enterprise, can show up on the same stage as trillion-dollar visions and still have something singular and impactful to say.
This isn’t just about proving the use case. It’s about scaling it.
TOKENOMICS
The token is built on the Ethereum Mainnet (ERC20)—providing durability, transparency, and compatibility.
The total supply is capped at 250 million tokens. Governance is managed by the Scotcoin Project CIC, with a controlled token release schedule and a vesting system designed to prevent market flooding. Tokens are distributed via an advisory-led grant model, with no more than one million SCOT released annually to individuals and organisations making a measurable impact.
There’s also a powerful safety mechanism in place: any unvested tokens not used are burned. That kind of discipline is, we’d argue, rare.
There’s also a gentle nudge toward the global Scottish diaspora – those 40 million people with Scottish roots, many of them now plugged into innovation, tech, finance, and impact investing across the globe. For that network, Scotcoin offers something rare: a way to support something rooted in the land of their forefathers, but still future-facing.
Indeed, Scotcoin has just launched ‘Scotcoin 40’ to reach out to this very group and share the vision. The subtext: big things are happening at home, and we think you’d like to know about them. New York, Boston, Sydney as well as Canada remain hot beds of Celtic culture. The response so far is encouraging. After all a connection to the homeland is now digital and portable.
And all of this is happening at a time where ethically focused investment is exploding. Bloomberg Intelligence projects that ESG-aligned investments will surpass $50 trillion by 2025. The appetite is there. Scotcoin offers the infrastructure and the architecture.
The deep dive on Scotcoin – the full breakdown of treasury, vesting, and real-world use – will be revealed by its CEO, Temple Melville, himself an economist and businessman and one of the earliest crypto adopters.
YOU ARE INVITED
Scotcoin won’t be shouting from the main stage at Token2049. That’s not the style.
Instead, the team is hosting something a little different: a VIP, invitation-only gathering for those who want to go deeper. No velvet ropes, but plenty of insight. No haggis will be served!
If you’re curious about how Scotcoin plans to scale globally without selling its soul – then TOKEN2049 is where you need to be.
TOKEN 2049 is held April 30th-May 1st, 2025
More details at: https://www.dubai.token2049.com
Scotcoin is listed at www.MEXC.com under ‘SCOT’ and at Uniswap also under ‘SCOT’.
To request an invitation to the Scotcoin event and meet Temple Melville, CEO of The Scotcoin Project CIC, you can email: temple@scotcoinproject.com
Or connect via LinkedIn at: https://uk.linkedin.com/in/templemelville
‘Blockchain, Bitcoin and You’ by Temple Melville is published by Leamington Books
Find out more about Scotcoin at: www.scotcoinproject.com
Also: linktr.ee/scotcoinproject
You can download the Scotcoin app on both Google and The App Store search: ‘Scotscan’
