Bepro

Halal Rating :
Questionable
Last Price $0.00 Last updated:
Rank 1429
1D Change -17.65 %
Market Cap $4.29m
Circulating supply 10,000,000,000
Maximum supply 10,000,000,000

Crypto Overview

Categories
  • Enterprise Solutions
  • Distributed Computing
  • DeFi
  • DApp
  • Web3

Project Overview

BEPRO Network is a codebase network and protocol that allows developers to build decentralized gaming and betting applications. The platform aims to provide the infrastructure and tools necessary for creating Web3 applications with a focus on prediction markets, gaming, and betting functionalities.

Intended Utility

The BEPRO token serves multiple purposes within the ecosystem: it acts as a governance token allowing holders to participate in protocol decisions, serves as a staking mechanism for network operators, and functions as a means of payment for development services within the network.

Actual Utility Assessment

The project has shown limited adoption since its launch. While there is some development activity, the primary use case has shifted towards being a development platform rather than its initial focus on prediction markets. The GitHub repository shows moderate activity, though not as robust as comparable projects in the space.

Token Distribution and Founder Analysis

Initial token distribution allocated 30% to the team and advisors with a vesting period. The project has maintained reasonable transparency regarding token allocations and usage. Development efforts appear genuine, though marketing activities have been significant relative to technical development.

Technical Infrastructure

The platform operates on the Ethereum blockchain and has implemented cross-chain functionality. The codebase focuses on providing tools for creating decentralized applications, particularly those requiring prediction market or gaming functionalities.

Crypto Impact

To assign a comfort level investing in Bepro 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 Bepro.

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

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

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Justification for our Halal Rating