MaziMatic

Halal Rating :
Uncomfortable
Last Price $0.000083 Last updated:
Rank 9185
1D Change 0.43 %
Market Cap -
Circulating supply 0
Maximum supply 5,000,000,000

Crypto Overview

Project Overview

MaziMatic (MAZI) is a utility token built on the Polygon network, designed to power the Mazi ecosystem focusing on decentralized sports prediction markets and gaming. The token serves multiple purposes including governance, staking, and platform access.

Utility Assessment

The primary utility of MAZI includes: Governance rights for protocol decisions, staking rewards for liquidity provision, and access to various platform features. The current implementation shows active use in prediction markets and gaming features.

Development and Adoption

The project shows ongoing development activity on GitHub, with regular updates to the platform. The team maintains transparency through regular community updates and development roadmap adherence. However, the main focus appears to be on prediction market features.

Token Distribution

Initial token distribution included 30% to founders and team (vested over 24 months), 20% for development, 25% for community rewards, and 25% for public sale. Vesting schedules are in place for team allocations.

Platform Features

The core features revolve around sports prediction markets and gaming elements, which constitute forms of gambling. The platform's primary use case involves users betting on sporting events and game outcomes.

Crypto Impact

To assign a comfort level investing in MaziMatic 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 MaziMatic.

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