Potentiam
Crypto Overview
Overview
Potentiam (PTM) is a blockchain-based platform designed to connect musicians, artists, and fans through a decentralized music ecosystem. The platform aims to provide a fair and transparent environment for content creators in the music industry.
Purpose and Utility
The PTM token serves multiple functions within the Potentiam ecosystem: governance rights for platform decisions, rewards for content creators, and payment for services within the platform.
Business Model Evaluation
The core business model appears to focus on legitimate content creation and distribution, without involvement in prohibited activities like gambling or interest-based lending. The platform's revenue model is based on facilitating direct transactions between artists and consumers.
Development and Adoption
Current development activity appears limited, with minimal recent updates to the platform. The project's GitHub repository shows sporadic activity. Real-world adoption metrics are difficult to verify due to limited public data availability.
Token Distribution
Information about token distribution and vesting schedules is not readily available in public documentation, which creates some transparency concerns. However, this lack of information alone does not make the project haram.
Crypto Impact
To assign a comfort level investing in Potentiam 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 Potentiam.
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.