VOLT.WIN

Halal Rating :
Uncomfortable
Last Price $0.0036 Last updated:
Rank 4446
1D Change -14.89 %
Market Cap -
Circulating supply 0
Maximum supply 1,055,000,000

Crypto Overview

Categories
  • Ethereum Ecosystem

Project Overview

VOLT Inu (VOLT) is a cryptocurrency project launched in December 2021 that positions itself as a decentralized finance (DeFi) ecosystem with multiple utilities. The project claims to focus on providing a suite of DeFi products and services.

Purpose and Utility

The stated purposes of VOLT include: serving as a governance token for the ecosystem, providing staking rewards, and enabling participation in the project's DeFi services. The project also aims to develop NFT collections and blockchain gaming components.

Business Model Analysis

The project operates primarily as a DeFi platform with multiple components: token staking, liquidity provision, and NFT integration. The core business model revolves around the expansion of its DeFi ecosystem.

Development and Platform Activity

The project maintains active development and community engagement through regular updates and ecosystem expansion. The team has implemented various DeFi features and continues to work on platform development.

Token Distribution

The token distribution includes allocations for liquidity, marketing, development, and team members. The project has implemented anti-whale mechanisms and liquidity locks to prevent large-scale dumping.

Current Usage

The primary current usage appears to be trading on decentralized exchanges and participation in the project's staking program. The platform has achieved some adoption within the DeFi space, though primarily focused on trading and staking activities.

Crypto Impact

To assign a comfort level investing in VOLT.WIN 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 VOLT.WIN.

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