BundlesBets V2

Halal Rating :
Uncomfortable
Last Price $3.0 Last updated:
Rank 5036
1D Change -24.12 %
Market Cap -
Circulating supply 0
Maximum supply 500,000

Crypto Overview

Categories
  • Polygon Ecosystem

Purpose and Utility

BundlesBets V2 (BUND) presents itself as a crypto trading platform with a focus on a unique lottery gamification system. The platform combines trading with chance-based rewards, where users participate in various games and lottery-like mechanisms.

Business Model Analysis

The core business model revolves around gambling mechanics and lottery systems. Users can participate in various betting games and chance-based activities where they can win or lose tokens based on random outcomes.

Real-World Adoption

The platform has attracted users primarily interested in its gambling features. The main utility of the token appears to be facilitating these gambling activities rather than any substantial non-gambling use cases.

Platform Development

While the platform shows active development in terms of its gambling features and user interface improvements, the focus remains on expanding its betting and lottery functionalities.

Token Distribution and Founder Analysis

The project maintains typical token distribution patterns, with allocations for the team, development, and user rewards. The development team appears to be actively maintaining and updating the platform's gambling features.

Crypto Impact

To assign a comfort level investing in BundlesBets V2 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 BundlesBets V2.

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