Koji
Crypto Overview
Overview
Koji is a gaming and social media-focused cryptocurrency project. The KOJI token primarily serves as a governance token and reward mechanism within the Koji ecosystem.
Purpose and Utility
The intended purpose of KOJI is to power a gaming and social media platform where users can create, share, and monetize content. The token enables governance voting rights and rewards for platform participation.
Business Model Assessment
The project's core business model revolves around content creation and gaming, which are permissible activities under Islamic principles. There is no evidence of the platform facilitating gambling, interest-based lending, or other prohibited activities.
Real-World Adoption
The project shows limited but genuine adoption within its target market. While trading activity dominates current usage, this is common for early-stage crypto projects and does not affect halal status.
Platform Development
Development activity appears consistent, with regular updates to the platform and ecosystem. The project maintains an active GitHub repository and development roadmap.
Token Distribution
Token distribution includes allocations for development, marketing, and community rewards. While founder allocation exists, it appears to have reasonable vesting schedules to align long-term interests.
Crypto Impact
To assign a comfort level investing in Koji 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 Koji.
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.