MetFi
Crypto Overview
Overview
MetFi presents itself as a decentralized autonomous organization (DAO) focused on Web3 and metaverse investments. The project claims to use artificial intelligence for investment decisions in Web3 projects and NFTs.
Purpose and Utility
The stated purpose of METFI is to serve as a governance token for the MetFi DAO, allowing holders to participate in investment decisions and receive rewards from the DAO's investment activities.
Business Model Analysis
The project operates through a tiered membership system where users must stake METFI tokens to participate. The business model includes collective investment decisions in Web3 projects and NFTs, with profits distributed to token holders.
Platform Activity and Development
MetFi operates on the BNB Chain (formerly BSC). The project shows limited on-chain activity and development updates. The focus appears to be primarily on marketing and community building rather than technological development.
Token Distribution and Governance
Information about token distribution and vesting schedules is not readily available through public sources, which raises transparency concerns. The project's governance mechanisms lack clear documentation.
Crypto Impact
To assign a comfort level investing in MetFi 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 MetFi.
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.