Blue Whale
Crypto Overview
Purpose and Utility
The WHALE token was created as a social token backed by a collection of high-value NFTs and digital assets. The project aims to allow token holders to gain fractional exposure to a curated portfolio of rare NFTs and digital collectibles.
Business Model Analysis
The business model involves the creation of a decentralized NFT-backed currency, where the underlying assets are verifiably owned and stored in the WHALE vault. The token represents partial ownership of these digital assets, similar to how traditional art investment trusts work.
Real-World Adoption
The WHALE token has established partnerships with various NFT marketplaces and digital art platforms. The project maintains transparency by publicly displaying their NFT vault holdings and regularly updating their treasury report.
Platform Development
The project shows ongoing development with regular updates to their NFT vault management system and community governance features. The team maintains active communication through their Discord server and social media channels.
Token Distribution
The token distribution shows a balanced allocation between the founding team, community treasury, and public circulation. There are documented vesting schedules for team tokens to prevent large-scale dumping.
Crypto Impact
To assign a comfort level investing in Blue Whale 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 Blue Whale.
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.