Aleph.im
Crypto Overview
Overview
Aleph.im is a cross-blockchain decentralized storage and computing network that aims to provide infrastructure services for Web3 applications. The project launched in 2020 with the goal of offering decentralized database hosting, file storage, computing and bandwidth services.
Intended Utility
The ALEPH token serves multiple purposes within the ecosystem: It's used as payment for network services, staking by node operators to secure the network, and governance voting. Node operators must stake ALEPH tokens to run Core Channel Nodes that provide computing and storage services.
Actual Utility Assessment
The network demonstrates genuine utility through active partnerships with projects like Neon Labs, Request Network, and others using Aleph.im's infrastructure. On-chain data shows consistent usage of the network's storage and computing services. The development team maintains regular updates and improvements to the protocol as evidenced by their GitHub activity.
Token Distribution Analysis
The initial token distribution allocated 25% to the team and advisors with a 2-year vesting period, 30% for ecosystem development, and 45% for public sale and liquidity. The vesting schedule appears reasonable and designed to align long-term incentives. Core team members have maintained their involvement since launch, showing commitment to development rather than short-term gains.
Revenue Model
The network generates revenue through legitimate service fees paid in ALEPH tokens for actual computing and storage services, avoiding interest-based mechanisms. The business model focuses on providing real technological infrastructure rather than speculative financial products.
Crypto Impact
To assign a comfort level investing in Aleph.im 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 Aleph.im.
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.