Prosper
Crypto Overview
Overview
Prosper (PROS) is a blockchain-based platform that aims to create a decentralized prediction system for cryptocurrency prices. The platform utilizes AI and machine learning algorithms to analyze market data and generate price forecasts.
Intended Utility
The PROS token serves as the governance token for the Prosper ecosystem, allowing holders to participate in platform decisions. It's also used for accessing premium features and predictions on the platform.
Actual Utility & Development
The platform has maintained consistent development activity, with regular updates to their prediction algorithms and platform features. The project has demonstrated real utility through its prediction platform, which is actively used by community members.
Token Distribution & Governance
The token distribution appears relatively balanced, with mechanisms in place to prevent concentration of ownership. Team tokens have vesting periods, which helps align long-term interests. The project maintains transparency in its operations and development progress.
Technology Assessment
The platform's core functionality revolves around price predictions and analytics, but importantly, it does not facilitate betting or gambling activities. Users own actual PROS tokens and can utilize them for platform governance and access to services.
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.