Sakaryaspor Token

Halal Rating :
Comfortable
Last Price $0.057 Last updated:
Rank 4997
1D Change -3.39 %
Market Cap -
Circulating supply 0
Maximum supply 1,000,000

Crypto Overview

Categories
  • Ethereum Ecosystem

Purpose and Utility

Sakaryaspor Token (SKRY) is a fan token created for supporters of Sakaryaspor, a Turkish football club. The token is designed to provide fans with voting rights on certain club decisions and access to exclusive content and experiences.

Business Model Evaluation

The token operates on a fan engagement model common to sports fan tokens. The primary utility comes from providing governance rights and exclusive access to club-related activities. This business model aligns with halal principles as it involves the exchange of real utility and value between parties.

Real-World Adoption

The token appears to have limited but focused adoption among Sakaryaspor supporters. While specific usage metrics are not publicly available, the token maintains active trading on several Turkish cryptocurrency exchanges.

Platform Development

The token exists as a BEP-20 token on the Binance Smart Chain. Development activity appears minimal as the token's primary function is fan engagement rather than technical innovation.

Token Distribution and Governance

Limited public information is available about the specific token distribution and vesting schedules. The token is primarily used for club governance and fan engagement purposes.

Revenue Model Analysis

The primary revenue model involves the initial token sale and subsequent trading activity. The model does not involve interest-bearing mechanisms or forbidden activities under Islamic principles.

Crypto Impact

To assign a comfort level investing in Sakaryaspor Token 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 Sakaryaspor Token.

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.