bitsCrunch

Halal Rating :
Comfortable
Last Price $0.055 Last updated:
Rank 972
1D Change -8.05 %
Market Cap $18.98m
Circulating supply 342,896,162
Maximum supply None
Crypto Overview Crypto Impact

Crypto Overview

Categories
  • AI & Big Data
  • Distributed Computing
  • Collectibles & NFTs
  • DApp
  • Ethereum Ecosystem
  • BNB Smart Chain
  • Coinbase Ventures Portfolio
  • Avalanche Ecosystem
  • Solana Ecosystem
  • Hashkey Capital Portfolio
  • Polygon Ecosystem
  • Web3
  • Animoca Brands Portfolio
  • Cross-Chain
  • Shima Capital
  • Polygon Ventures Portfolio
  • DePIN

Overview

bitsCrunch is a blockchain analytics platform that provides AI-powered solutions for the NFT and crypto markets. The BCUT token serves as the utility and governance token of the bitsCrunch ecosystem.

Purpose and Utility

The primary purpose of BCUT is to power various services within the bitsCrunch ecosystem, including NFT analytics, forgery detection, fair price valuation, and wash trading identification. Users need to hold and spend BCUT tokens to access these services.

Business Model

The platform's business model revolves around providing blockchain analytics services, with a particular focus on NFT market integrity. The services include: Unleash NFT - providing NFT analytics and insights, Scour - detecting wash trading and market manipulation, Crunch DaVinci - identifying forgeries and copies of NFTs, and LiquifyNFT - fair price estimation for NFTs.

Development and Adoption

The project has shown consistent development activity and has established partnerships with notable blockchain platforms including Polygon, Avalanche, and BNB Chain. The platform is actively used by NFT marketplaces and collectors for analytics and security purposes.

Token Distribution

The token distribution includes allocations for the team, advisors, and early investors with standard vesting periods. The project maintains transparency regarding token allocations and vesting schedules.

Crypto Impact

To assign a comfort level investing in bitsCrunch 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 bitsCrunch.

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.

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