ADAMANT Messenger

Halal Rating :
Comfortable
Last Price $0.026 Last updated:
Rank 1681
1D Change -0.70 %
Market Cap $2.91m
Circulating supply 110,370,831
Maximum supply 200,000,000

Crypto Overview

Categories
  • Mineable
  • Communications & Social Media
  • Privacy
  • Social Token

Purpose and Utility

ADAMANT Messenger is a blockchain-based decentralized messaging platform that aims to provide secure, private, and anonymous communications. The ADM token serves as the native currency within the ecosystem, used for sending messages, transferring value, and paying for other platform services.

Business Model Analysis

The platform's core functionality revolves around encrypted messaging and value transfer, with no interest-bearing mechanisms or prohibited activities involved. The business model appears transparent and focused on providing legitimate communication services.

Real-World Adoption

While adoption remains limited, the platform is operational and actively used for its intended purposes. The messenger application is functional and available on multiple platforms, demonstrating real utility.

Development Activity

The project maintains active development, with regular updates to its core messaging platform and blockchain infrastructure. The team continues to implement new features and improvements.

Token Distribution

The token distribution appears reasonable, with no concerning concentration of tokens among founders. The project launched without an ICO, and tokens are primarily distributed through a fair mining process.

Technical Architecture

ADAMANT operates on its own blockchain, using a Delegated Proof of Stake (DPoS) consensus mechanism. The architecture supports legitimate technological use cases including encrypted messaging, file transfer, and value exchange.

Crypto Impact

To assign a comfort level investing in ADAMANT Messenger 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 ADAMANT Messenger.

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.