AndUsChain
Crypto Overview
Overview
AndUsChain is a blockchain platform developed in South Korea that aims to provide a decentralized ecosystem for various business applications. The project utilizes a unique consensus mechanism called 'delegated Proof of Contribution' (dPoC).
Purpose and Utility
The DEB token serves as the native utility token of the AndUsChain ecosystem. It is designed to facilitate transactions within the network and reward network participants. The token is used for paying transaction fees and participating in the network's governance.
Business Model Analysis
The business model appears to focus on providing blockchain infrastructure for enterprise solutions. The project does not appear to involve any inherently prohibited activities like interest-based lending or gambling.
Real-World Adoption
Current adoption appears to be limited, with most activity centered in South Korea. While the project has announced various partnerships, verifiable evidence of widespread real-world implementation is minimal.
Development Activity
The project maintains some development activity, though public repository updates are sporadic. The team continues to work on the platform's core infrastructure and enterprise solutions.
Token Distribution
Information about token distribution and vesting schedules is limited in public documentation. However, the token appears to be primarily used for its intended utility purposes within the ecosystem rather than speculative trading.
Crypto Impact
To assign a comfort level investing in AndUsChain 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 AndUsChain.
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.