Beers

Halal Rating :
Uncomfortable
Contract: 0xd533fa739d24871108cD868064b71D9c705a5126
Last Price $0.085 Last updated:
Rank 3605
1D Change -8.36 %
Market Cap -
Circulating supply 0
Maximum supply 45,000,000,000

Crypto Overview

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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.

Rating Justification

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