AssetMantle

Halal Rating :
Comfortable
Last Price $0.00089 Last updated:
Rank 1851
1D Change -11.08 %
Market Cap $1.68m
Circulating supply 1,892,519,022
Maximum supply 6,000,000,000

Crypto Overview

Categories
  • Ethereum Ecosystem
  • Polygon Ecosystem
  • Osmosis Ecosystem
  • Real World Assets

Purpose and Utility

AssetMantle is a multi-tenant NFT marketplace framework built on the Cosmos ecosystem. The platform aims to provide infrastructure for creating and managing digital assets, NFT marketplaces, and metaverse applications. MNTL serves as the native token for governance, staking, and transaction fees within the ecosystem.

Business Model Evaluation

The core business model revolves around facilitating NFT creation, trading, and marketplace development. The platform enables users to tokenize real-world assets and digital content, with clear ownership and transfer mechanisms. No inherently haram activities have been identified in the core protocol design.

Real-World Adoption

The platform has demonstrated moderate adoption within the Cosmos ecosystem, with several projects utilizing its infrastructure for NFT functionality. The token is actively used for governance and staking purposes, aligning with its intended utility.

Development Activity

AssetMantle maintains active development, with regular updates to its core protocol and tools. The project has a visible development team and continuous improvements to its marketplace framework.

Token Distribution

Token distribution includes allocations for staking rewards, ecosystem development, and team members. While specific vesting details are not fully transparent, the distribution model appears designed for long-term ecosystem growth rather than short-term profit-taking.

Revenue Model Analysis

The platform generates revenue through transaction fees and marketplace activities, which are distributed to stakers and ecosystem development. The model does not rely on interest-bearing mechanisms or prohibited activities.

Crypto Impact

To assign a comfort level investing in AssetMantle 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 AssetMantle.

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.