Avail
Crypto Overview
Purpose and Utility
Avail is a blockchain platform designed as a data availability layer that aims to solve scalability issues in blockchain networks. Its main purpose is to provide a secure and efficient way to handle data availability for layer-2 solutions and modular blockchains.
Business Model Assessment
The project's core functionality revolves around providing data availability services, which is inherently halal as it creates real technological value. The business model focuses on improving blockchain infrastructure without involving any prohibited activities like interest-based lending or gambling.
Platform Development and Activity
The project demonstrates active development with regular GitHub commits and technical updates. The team has been transparent about their progress and technical implementations.
Token Distribution and Vesting
Currently, detailed information about token distribution and vesting schedules is limited as the project is in its early stages and token economics have not been fully disclosed.
Real-World Adoption
As a relatively new project, adoption is still in early stages. The project is primarily focused on technical development and establishing partnerships within the blockchain ecosystem.
Crypto Impact
To assign a comfort level investing in Avail 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 Avail.
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.