ChessCoin
Crypto Overview
Overview
ChessCoin (CHESS) is a cryptocurrency that was created with the intended purpose of facilitating transactions within the chess gaming ecosystem. However, after extensive research, there appears to be very limited current information available about this project. The project's original websites and social media channels are no longer active, and there is minimal recent trading activity or development updates.
Purpose and Utility
The stated purpose was to serve as a payment and reward token for chess-related activities and platforms. However, there is insufficient evidence of current active usage or implementation of these use cases.
Business Model Analysis
Due to the apparent dormancy of the project and lack of accessible current information, it is not possible to thoroughly evaluate the business model or current utility.
Development Activity
There appears to be no visible recent development activity on public repositories or community channels.
Token Distribution
Current token distribution information is not readily available due to the project's inactive status.
Crypto Impact
To assign a comfort level investing in ChessCoin 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 ChessCoin.
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.