RUN TOGETHER
Crypto Overview
Overview
Run Together is a Move-to-Earn (M2E) fitness application built on the BNB Chain that rewards users with RUN tokens for physical activities like walking, running and exercising. The platform combines elements of GameFi and SocialFi to encourage healthy lifestyle habits.
Purpose and Utility
The RUN token serves multiple functions within the ecosystem: It's used for purchasing NFT sneakers required to participate in the M2E activities, upgrading equipment, and as rewards for physical activity. Users can also stake RUN tokens to earn additional rewards.
Business Model Analysis
The project generates revenue through NFT sales, marketplace fees, and token economics. The core business model of incentivizing physical activity aligns with Islamic principles of promoting health and wellbeing. The staking mechanism, while technically a form of reward generation, is tied to the platform's utility and governance rather than pure lending.
Real-World Adoption
Run Together has shown moderate adoption since its launch, with active users participating in the move-to-earn ecosystem. The platform has partnered with various fitness organizations and maintains an active development schedule.
Token Distribution
The token distribution includes allocations for the ecosystem rewards (40%), team (15%), marketing (10%), and public sale (35%). Team tokens are subject to a vesting schedule over 24 months, indicating a long-term commitment to the project.
Crypto Impact
To assign a comfort level investing in RUN TOGETHER 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 RUN TOGETHER.
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.
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