CashBackPro
Crypto Overview
Project Overview
CashBackPro (CBP) is a cryptocurrency project that aims to provide a cashback and rewards ecosystem. The platform's stated purpose is to offer users cashback rewards for their crypto trading activities and purchases through their integrated payment system.
Utility Assessment
The primary utility of CBP tokens includes: governance rights within the CashBackPro ecosystem, access to the platform's cashback features, and trading capabilities. The project has developed a mobile app that facilitates crypto payments and rewards distribution.
Business Model Analysis
The project generates revenue through transaction fees and partnership integrations. The business model appears transparent and doesn't inherently involve any prohibited activities like interest-based lending or gambling.
Development and Adoption
The project shows ongoing development activity with regular updates to their platform and mobile application. While adoption is still in early stages, the project has established partnerships with various merchants to enable their cashback system.
Token Distribution
The token distribution includes allocations for development, marketing, team, and public sale participants. There are vesting periods in place for team tokens, which helps align long-term incentives.
Crypto Impact
To assign a comfort level investing in CashBackPro 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 CashBackPro.
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.