SportsPie
Crypto Overview
Overview
SportsPie (PIE) is a cryptocurrency project that aims to create a decentralized sports betting and fan engagement platform. The project claims to revolutionize sports betting through blockchain technology and smart contracts.
Purpose and Utility
The primary stated purpose of SportsPie is to facilitate sports betting and provide a platform for sports fans to engage with their favorite teams and athletes. The project's whitepaper indicates that the PIE token is meant to be used for placing bets, participating in prediction markets, and accessing platform features.
Business Model Analysis
The core business model revolves around sports betting and gambling activities. The platform enables users to place bets on various sporting events using the PIE token. While the project incorporates blockchain technology, its fundamental purpose is to facilitate gambling activities.
Real-World Adoption
The platform has seen limited adoption since its launch. While there are some active users, the primary activity appears to be centered around sports betting and gambling features.
Development Activity
The project shows ongoing development activity with regular updates to the platform and smart contracts. However, the development focus remains on expanding betting features and gambling-related functionalities.
Crypto Impact
To assign a comfort level investing in SportsPie 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 SportsPie.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
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Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
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