CasinoCoin

Halal Rating :
Uncomfortable
Last Price $0.00017 Last updated:
Rank 5552
1D Change -0.75 %
Market Cap -
Circulating supply 0
Maximum supply 65,000,000,000

Crypto Overview

Categories
  • Gambling
  • Gaming
  • XRP Ecosystem

Purpose and Utility

CasinoCoin (CSC) is a cryptocurrency specifically designed for the regulated gambling industry. Its stated purpose is to provide a payment solution for online casinos and gambling platforms.

Business Model Analysis

The business model is explicitly centered around facilitating gambling transactions, serving as a dedicated payment method for online casinos and betting platforms. The token is actively being used for its intended purpose in various online gambling platforms.

Real-World Adoption

The project has established partnerships with several online gambling operators and maintains active development. The ecosystem includes gambling-specific features like integrated KYC/AML compliance tools.

Platform Development

The project maintains regular technical updates and has implemented features specifically designed for gambling operations, including fast transaction processing and specialized wallet functionality for casino operators.

Token Distribution and Governance

The project maintains transparent token distribution mechanisms, with clear allocations for development, marketing, and operations. The development team remains active in maintaining and upgrading the platform's gambling-focused features.

Crypto Impact

To assign a comfort level investing in CasinoCoin 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 CasinoCoin.

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.