PARMA Fan Token

Halal Rating :
Comfortable
Last Price $0.017 Last updated:
Rank 5485
1D Change 11.73 %
Market Cap -
Circulating supply 0
Maximum supply 20,000,000

Crypto Overview

Overview

PARMA Fan Token is a utility token created for fans of the Parma Calcio 1913 football club, operating on the Chiliz blockchain platform. The token is designed to give fans voting rights and exclusive access to club-related activities and rewards.

Purpose and Utility

The primary purpose of the PARMA token is to provide club supporters with governance rights and exclusive benefits. Token holders can participate in club decisions through voting, access VIP experiences, and receive exclusive merchandise and rewards. This creates a direct connection between the club and its supporters.

Business Model Evaluation

The business model is based on fan engagement and club participation, which aligns with halal principles. There is no evidence of involvement in prohibited activities such as gambling, interest-based lending, or adult content. The token serves as a legitimate utility token for fan engagement.

Real-World Adoption

The token is actively used within the Socios.com platform, where fans participate in club-related activities and voting. While specific adoption metrics are not publicly available, the token maintains consistent activity through fan engagement initiatives.

Platform Development

The token operates on the established Chiliz blockchain, which is specifically designed for sports and entertainment fan engagement. The platform regularly updates with new features and fan experiences, showing ongoing development activity.

Token Distribution and Governance

The token distribution appears to be primarily market-driven, with fans able to purchase tokens through the Socios.com platform. There is no evidence of concerning concentration of tokens among founders or early investors.

Crypto Impact

To assign a comfort level investing in PARMA Fan Token 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 PARMA Fan Token.

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.