Aston Martin Cognizant Fan Token
Crypto Overview
Purpose and Utility
The Aston Martin Cognizant Fan Token (AM) is a fan engagement token created in partnership between Aston Martin Formula 1 Team and Socios.com. The token provides holders with voting rights on team decisions, access to exclusive content, rewards, and experiences related to the Aston Martin F1 team.
Business Model Analysis
The token operates on the Chiliz blockchain and serves as a utility token for fan engagement. The business model is transparent and straightforward: fans purchase tokens to participate in team-related activities and decisions. There are no inherent interest-bearing mechanisms or gambling elements in the core token functionality.
Real-World Adoption
The token has achieved adoption within its target market of Aston Martin F1 fans. Holders actively participate in team polls and access exclusive content through the Socios.com platform. The engagement metrics show regular usage for its intended purpose.
Platform Development
The token operates on the established Socios.com platform, which maintains regular updates and improvements. The development focus is primarily on the fan experience and engagement features rather than the token itself.
Token Distribution
The token distribution is managed through the Socios.com platform, with clear allocation mechanisms. A significant portion is reserved for fan engagement activities and team initiatives.
Crypto Impact
To assign a comfort level investing in Aston Martin Cognizant 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 Aston Martin Cognizant 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.