Roost Coin
Crypto Overview
Overview
Roost is a new cryptocurrency token built on the Cardano blockchain. After extensive research, very limited information is publicly available about this project.
Purpose and Utility
The token appears to be in very early stages with minimal documentation available regarding its intended utility or use cases. No whitepaper or detailed technical specifications could be found.
Business Model
Without clear documentation or public information about the project's business model and intended utility, it is difficult to evaluate whether the underlying activities align with Islamic principles.
Development Activity
There is insufficient public information available about the development team, roadmap, or current state of the project.
Token Distribution
Information about token distribution, vesting schedules, and founder allocations is not publicly accessible.
Crypto Impact
To assign a comfort level investing in Roost Coin 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 Roost Coin.
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.