Bueno

Halal Rating :
Comfortable
Last Price $0.00016 Last updated:
Rank 5147
1D Change -30.66 %
Market Cap -
Circulating supply 0
Maximum supply 938,752,745

Crypto Overview

Categories
  • Memes
  • Solana Ecosystem

Project Overview

Bueno is a no-code NFT generator and tooling product designed to help creators launch NFT collections without requiring technical knowledge. The BUENO token serves as a utility and governance token within the Bueno ecosystem.

Purpose and Utility

The primary utility of the BUENO token includes governance rights over the protocol's development and fee sharing from the platform's revenue. Token holders can participate in decision-making processes regarding platform upgrades and feature development.

Business Model Evaluation

The platform generates revenue through fees charged for NFT creation and management services. This business model appears to be transparent and does not involve any inherently prohibited activities. The service facilitates legitimate digital asset creation and management.

Real-World Adoption and Usage

Bueno has demonstrated actual usage with multiple NFT projects utilizing their platform for collection launches. The platform has processed numerous NFT collections, indicating genuine utility and adoption.

Development Activity

The project maintains active development with regular updates to their platform and tools. The team consistently releases new features and improvements to the NFT creation interface.

Token Distribution and Vesting

The token distribution includes vesting periods for team allocations, suggesting measures to prevent rapid selling by insiders. However, specific details about token distribution percentages were not readily available at the time of this analysis.

Crypto Impact

To assign a comfort level investing in Bueno 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 Bueno.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

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Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

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