ROCKI
Crypto Overview
Purpose and Utility
ROCKI is a music streaming platform and protocol built on the Binance Smart Chain. The platform aims to enable musicians to monetize their music through streaming royalties, NFT sales, and fan engagement. The ROCKI token serves as the platform's native currency for payments, governance, and rewards.
Business Model Analysis
The platform's core business model revolves around providing a decentralized music streaming service where artists can receive fair compensation for their work. Artists can mint their songs as NFTs, receive streaming royalties, and engage with fans directly. The business model appears to align with halal principles as it facilitates legitimate trade of digital assets and creative works.
Real-World Adoption
ROCKI has demonstrated some level of adoption with several artists using the platform to release music NFTs and stream their content. The platform has partnerships with various artists and music industry participants.
Platform Development
The project maintains an active development presence, with regular updates to the platform and new feature implementations. The team continues to work on expanding the platform's capabilities and improving user experience.
Token Distribution and Governance
The token distribution includes allocations for the team, development, marketing, and community rewards. While exact percentages are not publicly available in recent documentation, the token serves clear utility purposes within the ecosystem.
Crypto Impact
To assign a comfort level investing in ROCKI 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 ROCKI.
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.