Bitball Treasure

Halal Rating :
Questionable
Last Price $0.05 Last updated:
Rank 2887
1D Change -0.02 %
Market Cap $22350.74
Circulating supply 450,000
Maximum supply 1,000,000

Crypto Overview

Categories
  • Ethereum Ecosystem

Overview

Bitball Treasure (BTRS) is a cryptocurrency token that was created as part of the Bitball ecosystem. It was designed to serve as a rewards token within the Bitball platform.

Purpose and Utility

The stated purpose of BTRS is to function as a reward token for Bitball platform users. However, current information about its actual utility and usage is extremely limited.

Business Model Analysis

Due to severely limited public information and documentation about the project's current status, it is difficult to evaluate the business model or verify if it aligns with halal principles. The project's website appears to be non-functional, and there is minimal recent activity or updates available.

Development and Platform Activity

There appears to be very little to no recent development activity that can be verified. The token's smart contract exists on the Ethereum blockchain, but meaningful usage data or recent transactions are minimal.

Token Distribution and Governance

Information about token distribution, vesting schedules, and current governance structure is not readily available through reliable sources.

Crypto Impact

To assign a comfort level investing in Bitball Treasure 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 Bitball Treasure.

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.