Dexbet
Crypto Overview
Overview
Dexbet is a decentralized sports betting platform built on blockchain technology. The DXB token is used for betting, governance, and platform operations.
Purpose and Utility
The stated purpose of DXB is to facilitate sports betting operations on their platform. The token is primarily used for placing bets and receiving payouts.
Business Model
The platform's core business model revolves around sports betting, which is a form of gambling. Users stake DXB tokens to place bets on sporting events outcomes.
Development and Adoption
The platform shows active development with regular updates to their betting infrastructure. The project has attracted users interested in decentralized sports betting.
Token Distribution
Token distribution information and vesting schedules were reviewed but are not relevant to the halal assessment since the core business model involves gambling.
Crypto Impact
To assign a comfort level investing in Dexbet 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 Dexbet.
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.