Pintu Token

Halal Rating :
Comfortable
Last Price $0.22 Last updated:
Rank 1365
1D Change -14.15 %
Market Cap $5.15m
Circulating supply 23,362,132
Maximum supply 300,000,000

Crypto Overview

Categories
  • Ethereum Ecosystem

Overview

Pintu Token (PTU) is the native token of Pintu, Indonesia's leading regulated cryptocurrency exchange platform. The token was launched to provide utility within the Pintu ecosystem.

Intended Utility

PTU is designed to serve multiple purposes within the Pintu exchange ecosystem: 1) Providing trading fee discounts for holders, 2) Enabling participation in platform governance decisions, 3) Offering exclusive access to new features and services on the platform, 4) Rewarding user engagement and platform loyalty.

Actual Utility Assessment

The token demonstrates genuine utility through its integration with Pintu's regulated exchange platform. Users actively employ PTU for reducing trading fees and participating in platform activities. On-chain data confirms regular token usage for its intended purposes within the ecosystem.

Business Model Analysis

The business model appears transparent and aligned with halal principles. The token operates within a regulated exchange environment, focusing on legitimate cryptocurrency trading services without involvement in interest-bearing products or prohibited activities.

Token Distribution and Governance

Token distribution appears reasonably balanced between platform reserves, team allocation, and public circulation. Vesting schedules for team and advisor tokens are implemented to prevent large-scale dumping. The project maintains active development with regular platform updates and feature implementations.

Crypto Impact

To assign a comfort level investing in Pintu 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 Pintu 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.

Justification for our Halal Rating