World of Rewards
Crypto Overview
Overview
World of Rewards (WOR) is a cryptocurrency token that aims to serve as a rewards and loyalty program platform. The project intends to facilitate merchants in creating and managing loyalty programs while allowing users to earn and redeem rewards across different businesses.
Purpose and Utility
The stated purpose of WOR is to act as a utility token within its ecosystem, enabling users to:
- Earn rewards for purchases at participating merchants
- Redeem rewards for products and services
- Trade reward points between users
- Participate in governance decisions
Business Model Analysis
The business model appears to focus on legitimate commercial activities, primarily in the loyalty and rewards space. There is no evidence of involvement in prohibited activities such as gambling, interest-based lending, or adult content.
Development and Adoption
Current development activity and adoption metrics for World of Rewards are limited, with minimal verifiable merchant partnerships or active users. The project is in its early stages.
Token Distribution
Limited public information is available about the token distribution structure and vesting schedules for team members and early investors. The project's transparency in this area could be improved.
Crypto Impact
To assign a comfort level investing in World of Rewards 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 World of Rewards.
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.