AVINOC
Crypto Overview
Overview
AVINOC (Aviation Network Operation Chain) is a cryptocurrency project that aims to create a decentralized platform for the business aviation industry. The project's stated purpose is to streamline and optimize business aviation operations through blockchain technology.
Purpose and Utility
The AVINOC token is designed to facilitate transactions within the business aviation ecosystem, including flight bookings, operational services, and related business aviation activities. The token serves as both a utility token for accessing platform services and a means of payment within the ecosystem.
Business Model Evaluation
The business model appears to focus on legitimate aviation industry services, with no apparent connection to prohibited activities under Islamic law. The platform aims to provide real utility through improving business aviation operations.
Development and Adoption
While the project maintains an active development presence, current real-world adoption and implementation of the platform's features appear limited. The project continues to work on developing its core infrastructure and establishing industry partnerships.
Token Distribution
The token distribution includes allocations for development, team members, and operational costs. While specific details about current token holdings are not readily available, the initial distribution model appeared structured to support long-term development rather than short-term profit-taking.
Crypto Impact
To assign a comfort level investing in AVINOC 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 AVINOC.
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.