Atomic Wallet Coin
Crypto Overview
Purpose and Utility
Atomic Wallet Coin (AWC) is the native token of Atomic Wallet, a decentralized cryptocurrency wallet platform. The token's primary purpose is to serve as a utility token within the Atomic Wallet ecosystem, where it provides benefits to holders such as cashback on exchange operations and reduced fees.
Business Model
The business model revolves around providing wallet services and cryptocurrency exchange functionality. Users can store, manage, and exchange various cryptocurrencies within the wallet interface. AWC token holders receive benefits within this ecosystem.
Real-World Adoption
The Atomic Wallet platform has achieved significant adoption, with over 5 million downloads reported. However, the AWC token's utility remains primarily confined to the wallet's ecosystem, mainly used for its cashback and fee reduction features.
Development Activity
The platform maintains regular updates and improvements to its wallet functionality. The development team actively maintains the wallet's security and features, though the token itself hasn't seen significant feature expansion beyond its initial use cases.
Token Distribution and Vesting
AWC has a fixed supply of 100 million tokens. While detailed information about current token distribution is limited, the initial distribution included allocations for the team and development.
Crypto Impact
To assign a comfort level investing in Atomic Wallet Coin 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 Atomic Wallet Coin.
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.