Polinate

Halal Rating :
Comfortable
Last Price $0.00045 Last updated:
Rank 2741
1D Change -7.51 %
Market Cap $69753.34
Circulating supply 154,294,330
Maximum supply None

Crypto Overview

Categories
  • Collectibles & NFTs
  • Ethereum Ecosystem
  • Launchpad
  • Polygon Ecosystem
  • Gaming Guild

Project Overview

Polinate is a decentralized crowdfunding platform that aims to connect creators with their communities, enabling project funding through cryptocurrency. The POLI token serves as the platform's native utility token, used for governance and rewards.

Utility Assessment

Primary intended utilities include: Platform governance rights, Staking for platform participation, Reward distribution for successful projects.

Business Model Evaluation

The platform facilitates direct funding between supporters and creators, with no interest-bearing components. The core model appears to focus on legitimate value exchange through crowdfunding services.

Development and Adoption

The project shows limited recent development activity and community engagement. While the platform infrastructure exists, current usage appears minimal.

Token Distribution

Initial token distribution details and vesting schedules are not publicly available, making it difficult to assess concentration risks.

Technology Assessment

The platform operates on the Polygon network, providing a legitimate technological infrastructure for crowdfunding operations. No gambling or interest-based mechanisms were identified in the core protocol.

Crypto Impact

To assign a comfort level investing in Polinate 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 Polinate.

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.