MATT
Crypto Overview
Purpose and Utility
MATT is a cryptocurrency created by Milady Maker NFT ecosystem founder Charlotte Fang. It serves as a community token for the broader Milady NFT ecosystem, including the Milady NFT collection and its associated communities.
Business Model and Operations
The token operates on the Ethereum blockchain and functions primarily as a governance and utility token for the Milady ecosystem. It allows holders to participate in community decisions and provides access to certain ecosystem features.
Real-World Adoption
The token has seen adoption primarily within the Milady NFT community, with trading occurring on decentralized exchanges like Uniswap. The token involves actual ownership transfer and real utility within its ecosystem.
Development Activity
The project maintains active development and community engagement through various social media channels and community platforms. The ecosystem continues to expand with new features and integrations being developed.
Token Distribution
The token was distributed through a fair launch mechanism, with no pre-mine or founder allocation. This distribution model suggests a lower risk of founder enrichment schemes.
Crypto Impact
To assign a comfort level investing in MATT 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 MATT.
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.