Clashub
Crypto Overview
Project Overview
Clashub (CLASH) is a social platform launched in 2023 aiming to gamify social interactions through challenges and rewards. Users can create, participate in, and vote on various social challenges, earning CLASH tokens as rewards.
Utility Assessment
The primary utility of CLASH tokens includes: Platform governance, reward distribution for challenge participation and creation, and payment for premium features within the Clashub ecosystem.
Business Model Analysis
The core business model revolves around creating an engagement-driven social platform where users earn rewards for participating in legitimate social challenges. The platform explicitly prohibits gambling-related activities and focuses on skill-based social interactions.
Real-World Adoption
The platform is in its early stages with modest adoption. While current usage primarily centers around trading, this does not affect its halal status since actual token ownership transfers occur in these transactions.
Token Distribution
Initial token distribution allocates 30% to the team and advisors with a 2-year vesting period, 40% for community rewards, and 30% for development and marketing. The vesting schedule suggests commitment to long-term development rather than short-term profit-taking.
Development Activity
The project maintains regular development updates and platform improvements, indicating genuine effort to build the promised technology.
Revenue Model
Revenue is generated through platform fees and premium features, avoiding interest-based mechanisms or gambling elements.
Crypto Impact
To assign a comfort level investing in Clashub 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 Clashub.
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.