Rage Fan
Crypto Overview
Purpose and Utility
Rage Fan was launched as a fantasy sports and sports betting platform on the blockchain. The RAGE token was intended to be used for platform governance and sports betting activities within their ecosystem.
Business Model Analysis
The primary business model appears to center around sports betting and gambling activities. The token's utility is fundamentally tied to betting and prediction markets within their platform.
Development and Adoption
The project appears to have minimal recent development activity. The official website is no longer accessible, and there is very limited current information about the project's status or ongoing development.
Token Distribution and Founder Analysis
Due to the project's apparent discontinuation, detailed information about token distribution and current development efforts is not readily available.
Evaluation of Platform Activities
The core activities of the platform were centered around sports betting and gambling, which are activities that are not permissible under Islamic principles.
Crypto Impact
To assign a comfort level investing in Rage Fan 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 Rage Fan.
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.