Poollotto.finance
Crypto Overview
Overview
Poollotto.finance is a decentralized protocol that aims to provide lottery and gaming services on the blockchain. The PLT token is used for governance and as the primary medium of exchange within their ecosystem.
Purpose and Utility
The primary purpose of PLT is to facilitate lottery and gaming activities on their platform. The token is used for purchasing lottery tickets and participating in various games on the protocol.
Business Model Evaluation
The core business model revolves around providing lottery and gambling services through smart contracts. The platform explicitly markets itself as a decentralized lottery system.
Development and Adoption
The project shows ongoing development activity with regular updates to their smart contracts and user interface. However, the fundamental nature of the project remains focused on lottery and gambling activities.
Token Distribution and Governance
While the project implements a DAO structure for governance using the PLT token, this doesn't change the fundamental nature of its primary use case being lottery and gambling services.
Crypto Impact
To assign a comfort level investing in Poollotto.finance 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 Poollotto.finance.
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.