OtterHome
Crypto Overview
Project Overview
OtterHome (HOME) is a cryptocurrency launched on the Base blockchain that aims to create a social gaming platform and ecosystem. The project presents itself as a community-driven initiative focused on building social gaming experiences.
Purpose and Utility
The stated purpose of HOME token is to serve as the governance and utility token for the OtterHome ecosystem. Token holders can participate in platform governance and access various features within the ecosystem.
Current Usage and Development
The project is in very early stages of development. While there is active trading of the token, the gaming and social features are still under development according to their roadmap. The team maintains active communication through social media channels.
Token Distribution Analysis
Based on available data, the token distribution appears to follow a fair launch model with no pre-mine for founders. Tokens were distributed through various community-focused methods including airdrops and liquidity provision incentives.
Revenue Model and Activities
The project's planned revenue model revolves around gaming activities and social features, which do not inherently involve any haram elements like gambling or interest-based lending. The focus appears to be on legitimate gaming utility and community building.
Development Activity
There is observable development activity, though still in early stages. The team regularly shares updates about platform development through their official channels.
Crypto Impact
To assign a comfort level investing in OtterHome 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 OtterHome.
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.