Teritori
Crypto Overview
Purpose and Utility
Teritori is a Layer-1 blockchain platform built using the Cosmos SDK. It aims to create a decentralized social ecosystem that includes NFT marketplaces, decentralized social media features, and DAO governance capabilities. The TORI token serves as the native currency for the network, used for governance voting, transaction fees, and ecosystem participation.
Business Model Assessment
The business model focuses on providing decentralized social and NFT infrastructure. The platform allows users to create and trade digital assets, participate in governance, and engage in social interactions. These core functionalities align with halal principles as they involve real asset exchanges and provide genuine utility.
Real-World Adoption
The project has achieved moderate adoption within the Cosmos ecosystem. The platform hosts an active NFT marketplace and has integrated with several Cosmos-based protocols. While adoption is still growing, this doesn't impact its halal status.
Development Activity
The project maintains active development on GitHub, with regular updates to the protocol and ecosystem tools. The team continues to expand platform functionality and improve user experience.
Token Distribution
TORI tokens were distributed across various stakeholders including community allocation, ecosystem development, and team members. The team's tokens are subject to vesting periods, showing commitment to long-term development.
Crypto Impact
To assign a comfort level investing in Teritori 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 Teritori.
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.