ftm.guru
Crypto Overview
Overview
ELITE is a cryptocurrency token created by the FTM.guru platform, which operates on the Fantom blockchain. The token serves as a governance and utility token within the FTM.guru ecosystem.
Purpose and Utility
The primary stated purpose of ELITE is to provide governance rights and access to various tools and features within the FTM.guru platform. Token holders can participate in protocol decisions and access premium features of the platform's DeFi tools.
Business Model Analysis
The platform provides DeFi tools and analytics for the Fantom ecosystem. The business model appears to be based on providing legitimate utility through platform access and governance rights. However, it's important to note that some features involve DeFi lending and borrowing mechanisms.
Platform Activity
The project maintains active development on the Fantom network, with regular updates to their tools and analytics platform. The token has demonstrated actual utility through its governance mechanism and platform access features.
Token Distribution
The token distribution information shows the supply is not concentrated heavily among founders, with a fair launch distribution model. There are no concerning vesting schedules that would indicate potential founder enrichment schemes.
Technical Implementation
The token operates as an ERC-20 compatible token on the Fantom network, with standard functionality for transfers and governance participation. The smart contracts have been deployed and are operational on the network.
Crypto Impact
To assign a comfort level investing in ftm.guru 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 ftm.guru.
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.