AS Roma Fan Token

Halal Rating :
Comfortable
Last Price $1.97 Last updated:
Rank 1049
1D Change -3.34 %
Market Cap $12.51m
Circulating supply 6,342,486
Maximum supply None

Crypto Overview

Categories
  • Sports
  • Fan Token
  • Binance Launchpool
  • Soccer

Overview

AS Roma Fan Token (ASR) is a utility token created through the Socios.com platform and Chiliz blockchain infrastructure. The token represents a tokenized voting right and influence mechanism for AS Roma football club fans.

Intended Utility

The primary purpose of ASR is to provide AS Roma supporters with voting rights and exclusive access to club decisions, rewards, and experiences. Token holders can participate in polls regarding club decisions, access exclusive promotions, and engage with the team through the Socios.com platform.

Actual Utility Assessment

The token demonstrates real-world utility through regular fan votes, club engagement, and reward redemption. AS Roma actively uses the platform to engage with token holders, conducting polls on various club-related matters. The token has maintained consistent usage for its intended purpose since launch.

Token Distribution and Governance

The token distribution follows a fair launch model through the Socios.com platform. The club and platform retain some tokens for operations and development, but the majority is available for public acquisition. There are no concerning vesting schedules or lock-up arrangements that would suggest founder enrichment schemes.

Technology and Revenue Model

The token operates on the Chiliz blockchain, utilizing a Proof of Authority consensus mechanism. Revenue is generated through token sales and platform engagement, not through interest-bearing mechanisms. The platform does not involve lending or staking operations that would raise Shariah concerns.

Crypto Impact

To assign a comfort level investing in AS Roma Fan Token from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to AS Roma Fan Token.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.

Justification for our Halal Rating