Aergo

Halal Rating :
Comfortable
Last Price $0.13 Last updated:
Rank 581
1D Change -4.65 %
Market Cap $61.84m
Circulating supply 468,333,330
Maximum supply 500,000,000

Crypto Overview

Categories
  • Platform
  • Enterprise Solutions
  • Smart Contracts

Overview

Aergo is an enterprise-ready blockchain platform that combines public and private blockchain architectures. It was designed to enable businesses to build, deploy, and manage decentralized applications (dApps) and blockchain solutions.

Intended Utility

Aergo aims to provide a comprehensive blockchain solution for enterprises with features including smart contracts, decentralized storage, and hybrid blockchain deployments. The AERGO token serves multiple purposes within the ecosystem: paying for network resources, staking for network security, and governance participation.

Actual Utility

The platform has demonstrated real-world adoption through partnerships with major South Korean enterprises and government entities. Aergo is actively used for various enterprise blockchain solutions, particularly in South Korea where it has partnered with Hyundai, Samsung, and various government initiatives.

Token Distribution and Governance

The token distribution shows a structured allocation with vesting periods for team members and advisors. The project maintains transparency through regular development updates and clear documentation of token economics.

Technology and Revenue Model

Aergo uses a delegated proof-of-stake (DPoS) consensus mechanism for network security. While staking is a core component, it implements a fee-based model for network usage rather than interest-based mechanisms. The platform focuses on providing blockchain infrastructure services rather than financial products.

Development Activity

The project maintains active development with regular GitHub commits and ecosystem updates. The team consistently delivers on their roadmap with technological improvements and enterprise integrations.

Crypto Impact

To assign a comfort level investing in Aergo 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 Aergo.

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