Prostarter
Crypto Overview
Purpose and Utility
ProStarter is a decentralized launchpad platform built on the BNB Chain (formerly Binance Smart Chain). The PROT token serves as the native utility token of the platform, providing governance rights and access to early-stage project launches.
Business Model
The platform facilitates new project launches through a tiered system based on PROT token holdings. Token holders can participate in Initial DEX Offerings (IDOs) and get priority access based on their stake. The platform also includes features for project vetting and community governance.
Real-World Adoption
ProStarter has facilitated multiple project launches, though precise current usage statistics are limited. The platform maintains active social media presence and community engagement through their Telegram and Twitter channels.
Platform Development
Development activity appears to be ongoing, with regular updates to the platform's features and security measures. The team maintains transparency through regular community updates and documentation of platform improvements.
Token Distribution
The token distribution includes allocations for the team, development, marketing, and community incentives. Specific percentages and vesting schedules are publicly available through their documentation.
Revenue Model Analysis
The platform generates revenue through listing fees from projects and facilitates legitimate token launches. The model does not involve interest-based lending or gambling mechanisms.
Crypto Impact
To assign a comfort level investing in Prostarter 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 Prostarter.
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.