Zoo Token
Crypto Overview
Project Overview
Zoo Token (ZOOT) is a decentralized cryptocurrency project launched on the Binance Smart Chain. The project aims to create a decentralized ecosystem combining cryptocurrency with wildlife conservation efforts.
Purpose and Utility
The stated purpose of ZOOT is to serve as a governance token for wildlife conservation initiatives and to facilitate donations to wildlife preservation causes. The project claims to allocate a portion of transaction fees to wildlife conservation efforts.
Business Model Analysis
The token operates on a standard reflection model where holders receive rewards from transaction fees. A percentage of these fees is supposedly directed to wildlife conservation efforts, though verification of these donations has been challenging due to limited transparency.
Real-World Adoption
Current adoption appears limited. While the token has a small community of holders, there is little evidence of significant partnerships with wildlife conservation organizations or substantial documented donations to conservation efforts.
Development Activity
Development activity appears minimal based on public GitHub repositories and project updates. The project's social media channels show intermittent activity.
Token Distribution
Token distribution information is publicly available through blockchain explorers, though detailed information about founder holdings and vesting schedules is limited.
Crypto Impact
To assign a comfort level investing in Zoo Token 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 Zoo Token.
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.