Sivasspor Token
Crypto Overview
Overview
Sivasspor Token (SIV) is a fan token created for supporters of Sivasspor, a Turkish football club. Fan tokens are digital assets that provide holders with various club-related benefits and privileges.
Purpose and Utility
The token is designed to enhance fan engagement by offering voting rights on certain club decisions, access to exclusive content, and various fan-centric rewards. These typically include merchandise discounts, VIP experiences, and participation in club-related decisions.
Business Model Evaluation
The business model is based on fan engagement and club support, which aligns with halal principles as it involves the exchange of actual utility and value. The core activities do not involve prohibited elements like gambling, interest, or impermissible content.
Platform Activity
The token operates on the Chiliz blockchain, which specializes in sports and entertainment fan tokens. While specific usage statistics are limited, the platform itself is established and serves multiple sports clubs worldwide.
Token Distribution and Governance
As a fan token, SIV is typically distributed through initial fan token offerings (FTO) and subsequent market trading. The token governance is generally shared between the club and token holders, though specific distribution details are not publicly available.
Crypto Impact
To assign a comfort level investing in Sivasspor 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 Sivasspor 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.