Aleph.im

Halal Rating :
Comfortable
Last Price $0.14 Last updated:
Rank 786
1D Change 8.10 %
Market Cap $34.09m
Circulating supply 247,220,482
Maximum supply None

Crypto Overview

Categories
  • Mineable
  • Cosmos Ecosystem
  • AI & Big Data
  • Distributed Computing
  • Filesharing
  • Ethereum Ecosystem
  • Storage
  • Avalanche Ecosystem
  • Solana Ecosystem
  • Injective Ecosystem
  • BNB Chain Ecosystem
  • FTX Bankruptcy Estate
  • Base Ecosystem
  • DePIN

Purpose and Utility

Aleph.im is a decentralized cloud platform that aims to provide decentralized database, file storage, computing, and DID (Decentralized Identifier) solutions. The ALEPH token is used for governance and as a utility token to pay for services within the network.

Business Model Analysis

The project focuses on providing legitimate technological infrastructure services. The core business model revolves around decentralized computing and storage services, which are inherently halal activities as they provide real utility and involve the exchange of valuable services.

Real-World Adoption

Aleph.im has established partnerships with notable projects in the blockchain space, including Neon Labs, Request Network, and others. The platform is actively used for decentralized storage and computing needs, demonstrating practical utility beyond mere speculation.

Development Activity

The project maintains active development on GitHub, with regular updates to its core infrastructure. The team consistently releases technical updates and improvements to the platform's capabilities.

Token Distribution and Governance

The ALEPH token distribution includes allocations for the team and early investors with standard vesting periods. The token serves a clear utility function within the ecosystem for governance and payment for services.

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.

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