Arianee
Crypto Overview
Purpose and Utility
Arianee is a blockchain protocol designed to create digital certificates for luxury goods and collectibles. The ARIA20 token serves as the utility and governance token for the Arianee ecosystem, enabling brands to create digital passports for their products and allowing token holders to participate in protocol governance.
Business Model
The platform provides a legitimate service by helping authenticate luxury items and maintain their provenance on the blockchain. Brands pay fees in ARIA20 tokens to issue digital certificates, while consumers can use the platform to verify the authenticity of their purchases. The business model is transparent and doesn't involve any prohibited activities.
Real-World Adoption
Arianee has established partnerships with notable luxury brands including Breitling, BA&SH, and Vacheron Constantin. These brands actively use the platform to issue digital certificates for their products, demonstrating practical implementation of the technology.
Development Activity
The project maintains active development with regular updates to their protocol and SDK. The team consistently releases new features and improvements, showing commitment to the platform's evolution.
Token Distribution
The token distribution includes allocations for the team and early investors with standard vesting periods, which is typical for blockchain projects. While exact percentages aren't publicly available, there's no evidence of concerning concentration of tokens.
Revenue Model
The platform generates revenue through legitimate business activities, primarily the creation and management of digital certificates. There are no interest-bearing mechanisms or prohibited activities in the core protocol.
Crypto Impact
To assign a comfort level investing in Arianee 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 Arianee.
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.