BytomDAO
Crypto Overview
Purpose and Utility
BytomDAO (BTM) was created as a blockchain protocol for digital asset management and exchange. The project aimed to create an interoperable protocol for diverse digital assets, including tokenized traditional assets and native digital assets.
Business Model Analysis
The protocol was designed to facilitate the exchange of multiple forms of digital assets through its native BTM token. The core technical architecture includes features like atomic asset exchange and proof-of-work consensus mechanism.
Real-World Adoption
Current market data and on-chain metrics show very limited activity on the Bytom network. The project appears to have minimal recent development activity, with last significant updates dating back to 2021.
Platform Development
Public GitHub repositories show minimal recent commits or technical updates. The ecosystem appears to be largely inactive compared to its initial development period.
Token Distribution and Governance
The initial token distribution included allocations for the development team, early investors, and public sale participants. Specific recent data about current token distribution is limited due to reduced project activity.
Crypto Impact
To assign a comfort level investing in BytomDAO 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 BytomDAO.
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.