Kollectiv
Crypto Overview
Overview and Purpose
Kollectiv (KOL) is a Polygon-based utility token designed to facilitate access to the Kollectiv platform, which aims to democratize marketing services by connecting brands with content creators and influencers. The platform's stated purpose is to make influencer marketing more accessible and transparent.
Business Model Analysis
The platform's core functionality revolves around connecting brands with content creators, where KOL tokens serve as the primary medium of exchange for services. The business model appears to be focused on legitimate commerce and doesn't involve any inherently prohibited activities.
Real-World Adoption
The project is in its early stages with limited but growing adoption. Some partnerships have been announced with marketing agencies and content creators, though specific usage metrics are not publicly available.
Platform Development
Development activity appears to be ongoing, with regular updates to the platform's infrastructure. The project maintains an active GitHub repository showing consistent development work.
Token Distribution
The token distribution appears relatively balanced: 40% for public sale, 20% for platform development, 15% for team (with vesting), 15% for marketing, and 10% for partnerships. Team tokens are subject to a 2-year vesting period with gradual unlocks.
Technology and Revenue Model
The platform operates on a straightforward service marketplace model where tokens facilitate transactions between parties. There is no lending, interest, or gambling components in the core protocol.
Crypto Impact
To assign a comfort level investing in Kollectiv 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 Kollectiv.
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.