Quiztok
Crypto Overview
Project Overview
Quiztok is a blockchain-based knowledge-sharing platform that aims to reward users for creating and participating in educational quizzes. The platform operates on the Klaytn blockchain and uses QTCON as its native token.
Purpose and Utility
The primary stated purpose of QTCON is to serve as a utility token within the Quiztok ecosystem. Users can earn QTCON by creating quizzes, participating in knowledge sharing activities, and engaging with educational content. The token can be used for purchasing items in the platform's marketplace and accessing premium features.
Business Model Analysis
The business model focuses on educational content creation and knowledge sharing, which aligns with Islamic principles of promoting education and beneficial knowledge. There is no evidence of the platform facilitating gambling, interest-based activities, or other prohibited content.
Real-World Adoption
The platform has shown moderate adoption, primarily in South Korea. While trading activity exists on various exchanges, there is verifiable usage of the platform for its intended educational purposes.
Development Activity
The project maintains active development, with regular updates to the platform and ecosystem. The team continues to expand features and functionality focused on educational content delivery.
Token Distribution
Token distribution shows a reasonable allocation between team members, development fund, and public circulation. Vesting schedules are in place for team tokens, indicating commitment to long-term development.
Crypto Impact
To assign a comfort level investing in Quiztok 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 Quiztok.
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.