Blocksport
Crypto Overview
Purpose and Utility
Blocksport (BSPT) is a fan engagement platform that aims to connect sports teams with their fans through blockchain technology. The platform provides features like NFTs, fan tokens, and digital collectibles within the sports industry. The BSPT token serves as the native utility token of the ecosystem.
Business Model Evaluation
The business model appears to focus on legitimate sports-related activities and digital asset ownership. The platform enables sports organizations to create their own fan tokens and NFTs, while fans can use BSPT tokens to purchase digital collectibles and access various features on the platform.
Real-World Adoption
Blocksport has established partnerships with several sports organizations and teams, though specific usage metrics are limited. The platform has launched fan tokens for various sports clubs, indicating some level of real-world implementation.
Platform Development
The project maintains an active development presence, with regular updates to their platform and features. The team continues to work on expanding their ecosystem and implementing new functionalities for sports organizations and fans.
Token Distribution and Governance
The token distribution includes allocations for development, marketing, and community growth. While detailed vesting schedules are not publicly available, the project appears to maintain standard industry practices for token distribution.
Crypto Impact
To assign a comfort level investing in Blocksport 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 Blocksport.
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.