Ross Ulbricht
Crypto Overview
Overview
The ROSS token was launched in December 2023 as a cryptocurrency dedicated to supporting Ross Ulbricht, the founder of Silk Road who is currently serving a life sentence. The token aims to raise awareness about his case and support efforts for his release through advocacy and legal initiatives.
Purpose and Utility
The token serves primarily as a governance and community coordination mechanism. Token holders can participate in decisions regarding advocacy strategies and resource allocation for the Free Ross campaign. The project maintains complete transparency about its mission of supporting Ross Ulbricht's case.
Business Model and Operations
The token operates on the Ethereum blockchain as an ERC-20 token. While the primary focus is advocacy, the token has developed additional utility through governance rights and community participation. The project maintains transparency in its operations and token distribution.
Real-World Adoption
The token has gained significant attention since its launch, with an active community supporting its cause. While the project is still in its early stages, it has demonstrated genuine utility through governance mechanisms and community coordination for advocacy efforts.
Development Activity
The project maintains active development and community engagement through various social media channels and community platforms. The team regularly provides updates about advocacy efforts and campaign progress.
Token Distribution
The token distribution appears to be designed with consideration for long-term sustainability, with allocations for community growth, development, and advocacy efforts. The project maintains transparency about token allocations and usage.
Crypto Impact
To assign a comfort level investing in Ross Ulbricht 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 Ross Ulbricht.
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.