Prosper
Crypto Overview
Overview
Prosper (PROS) is a cross-chain prediction market and algorithmic matching engine platform on the Binance Smart Chain. The platform aims to allow users to create and participate in prediction markets through their non-custodial protocol.
Intended Purpose & Current Usage
The primary purpose of PROS is to serve as a governance token for the Prosper prediction markets platform. Token holders can participate in governance decisions and earn rewards from platform fees. The token is actively used for its intended purpose within the platform's ecosystem.
Business Model Analysis
The core business model revolves around prediction markets, which fundamentally operate as zero-sum games where users bet against each other on various outcomes. The platform generates revenue through fees from these prediction market activities.
Development Activity & Adoption
While the platform maintains some development activity, the primary focus remains on prediction market functionality. The project has partnerships with various blockchain projects and maintains active development on its core features.
Token Distribution
The token distribution includes allocations for the team, development fund, and community. Specific details about vesting schedules and lock-up periods are implemented to prevent immediate selling by early stakeholders.
Crypto Impact
To assign a comfort level investing in Prosper 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 Prosper.
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.