Topshelf Finance

Halal Rating :
Uncomfortable
Last Price $0.00015 Last updated:
Rank 8025
1D Change -7.73 %
Market Cap -
Circulating supply 0
Maximum supply 1,000,000,000

Crypto Overview

Categories
  • Fantom Ecosystem

Project Overview

Topshelf Finance (LIQR) is a decentralized finance (DeFi) project aiming to bridge the liquor industry with cryptocurrency through a marketplace platform, NFT integration, and blockchain-based supply chain solutions.

Purpose and Utility

The project aims to tokenize and facilitate trade in the alcohol industry, including supply chain tracking, marketplace transactions, and NFT-based authenticity verification for rare spirits.

Business Model Analysis

The primary focus of the token and platform is directly tied to the alcohol industry, which is considered haram in Islamic law. The token's utility and ecosystem are fundamentally built around facilitating and promoting alcohol-related commerce.

Platform Development and Adoption

The project shows active development with regular updates to their smart contracts and marketplace features. They have established partnerships with several liquor brands and distributors.

Token Distribution and Governance

Token distribution appears balanced with lock-up periods for team allocations. The project implements a DAO governance structure for platform decisions.

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