Bistroo
Crypto Overview
Purpose and Utility
Bistroo is a blockchain-based food delivery platform that aims to connect restaurants and customers directly, eliminating intermediary fees. The BIST token serves as the native currency within the ecosystem for payments and rewards.
Business Model Analysis
The platform's business model focuses on providing a decentralized marketplace for food ordering and delivery services. Restaurants can list their menus and manage orders, while customers can pay for meals using BIST tokens. The platform takes significantly lower fees compared to traditional food delivery services.
Real-World Adoption
Current adoption appears limited, with the platform primarily operating in the Netherlands. The project has established partnerships with several local restaurants and maintains an active development schedule.
Platform Development
The project maintains regular development activity on their platform, with ongoing updates to their marketplace and mobile applications. The team consistently provides progress updates through their official channels.
Token Distribution and Governance
BIST tokens are used for platform payments, rewards, and governance. The token distribution includes allocations for the team, development, and community incentives. Team tokens are subject to vesting periods to ensure long-term alignment.
Crypto Impact
To assign a comfort level investing in Bistroo 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 Bistroo.
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.