AngelBlock
Crypto Overview
Overview
AngelBlock (THOL) is a decentralized fundraising protocol designed to connect Web3 startups with investors. The platform aims to create a transparent and efficient ecosystem for early-stage investing in blockchain projects.
Purpose and Utility
THOL serves as the governance and utility token for the AngelBlock platform. Token holders can participate in platform governance, gain access to investment opportunities, and receive various benefits within the ecosystem.
Business Model
The platform facilitates legitimate business activities by connecting investors with startup projects. The process involves real asset exchange and value creation through investment in early-stage companies.
Development and Adoption
AngelBlock has shown consistent development activity with regular updates to their platform. The project maintains an active GitHub repository and has established partnerships with various blockchain projects.
Token Distribution
The token distribution includes vesting periods for team members and early investors, suggesting measures to prevent market manipulation. The project maintains transparency regarding token allocation and usage.
Technology Assessment
The platform's core functionality revolves around investment facilitation and does not involve interest-based lending or gambling mechanisms. All transactions involve real asset exchange and utility transfer.
Crypto Impact
To assign a comfort level investing in AngelBlock 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 AngelBlock.
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.