Ariva

Halal Rating :
Comfortable
Last Price $0.000014 Last updated:
Rank 2022
1D Change -4.44 %
Market Cap $1.05m
Circulating supply 72,553,169,190
Maximum supply 100,000,000,000

Crypto Overview

Categories
  • Ethereum Ecosystem
  • Tourism

Project Overview

Ariva Digital is a cryptocurrency project aimed at the global tourism and travel industry. The project's stated purpose is to create a blockchain-based ecosystem that enables travelers to make payments, bookings, and access travel-related services using ARV tokens.

Utility Assessment

The primary utilities claimed by Ariva include: payment for travel services, booking accommodations, and accessing their travel marketplace platform. They have developed Ariva.World, a travel and tourism network platform, and Ariva.Finance for trading services.

Development and Adoption

The project shows ongoing development activity, with regular updates to their platforms. They have established partnerships within the tourism sector, though adoption remains in early stages. The team maintains active development on their main products: Ariva.World metaverse and Ariva.Finance.

Token Distribution and Governance

ARV tokens are built on the Binance Smart Chain (BSC). The token distribution appears relatively transparent, with defined allocations for development, marketing, and ecosystem growth. Detailed vesting schedules are publicly available.

Business Model Analysis

The core business model revolves around facilitating travel-related transactions and services. The project does not inherently involve any prohibited activities like gambling or interest-based lending. Their revenue model is primarily based on transaction fees and platform usage.

Crypto Impact

To assign a comfort level investing in Ariva 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 Ariva.

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