Beers
Crypto Overview
Overview
BEER token is designed as a utility token within the beer and craft brewery industry. The token's intended purpose is to facilitate transactions between breweries, distributors, and consumers while also providing governance rights within its ecosystem.
Purpose and Utility
The token aims to serve as a payment method for beer purchases and brewery-related transactions, while also providing holders with voting rights on platform decisions. Additionally, it's meant to incentivize participation in the beer industry's supply chain management system.
Business Model Evaluation
The core business model revolves around alcohol-related commerce and transactions, which is fundamentally problematic from an Islamic perspective since alcohol is explicitly prohibited in Islam.
Real-World Adoption
The project has established partnerships with several craft breweries and distributors, primarily in Europe and North America. The token is actively used for payments and governance within its ecosystem.
Platform Development
The project maintains an active GitHub repository with regular updates to its smart contracts and platform features. The development team appears to be consistently working on improving the platform's functionality.
Crypto Impact
To assign a comfort level investing in Beers 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 Beers.
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.