MOVEZ
Crypto Overview
Purpose and Utility
MOVEZ is a move-to-earn fitness application token that rewards users for physical activity and exercise. The platform integrates with various fitness tracking devices and smartphones to verify movement and allocate rewards.
Business Model Analysis
The platform's business model centers around incentivizing physical fitness through tokenized rewards. Users earn MOVEZ tokens for completing verified physical activities. The model appears transparent and promotes health and wellness, which aligns with Islamic principles of maintaining physical well-being.
Real-World Adoption
The project has demonstrated actual implementation of its move-to-earn technology, with verifiable user activity on the platform. While adoption metrics are still developing, the core functionality is operational.
Platform Development
The development team maintains regular updates to the platform and mobile application. The project shows consistent technical progress in implementing and improving its move-to-earn features.
Token Distribution
The token distribution includes allocations for user rewards, development, and team tokens with standard vesting periods. There are no unusual concentrations of tokens that would suggest a scheme to enrich founders.
Crypto Impact
To assign a comfort level investing in MOVEZ 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 MOVEZ.
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.