Matrak Fan Token

Halal Rating :
Comfortable
Last Price $0.0004 Last updated:
Rank 6331
1D Change 0.38 %
Market Cap -
Circulating supply 0
Maximum supply 500,000,000

Crypto Overview

Categories
  • Bitcichain Ecosystem

Overview

Matrak Fan Token (MTRK) is a fan token created for supporters of Matrakspor, a Turkish football club. The token is built on the BNB Chain and operates as a utility token designed to provide fans with voting rights and exclusive benefits.

Purpose and Utility

The primary intended use of MTRK is to provide club supporters with governance rights and exclusive access to club-related decisions, merchandise, and experiences. Token holders can participate in various club-related polls and decisions.

Business Model Analysis

The token operates on a fan engagement model common to sports fan tokens. The business model appears transparent and straightforward, focusing on fan participation and engagement rather than financial services or prohibited activities.

Real-World Adoption

The token shows limited but focused adoption within its target community of Matrakspor supporters. While trading volume and holder numbers are modest, this aligns with the size of the club's fan base.

Platform Development

The token operates on the established BNB Chain infrastructure, though specific development activity related to the token's utility features appears limited.

Token Distribution and Governance

Available information about token distribution and governance structure is limited, though this is common for smaller fan tokens.

Crypto Impact

To assign a comfort level investing in Matrak Fan Token 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 Matrak Fan Token.

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.