Axiom
Crypto Overview
Overview
Axiom is a cryptocurrency project focused on providing zero-knowledge proof infrastructure for blockchain applications. The project aims to make complex cryptographic proofs more accessible and scalable for developers.
Purpose and Utility
The AXIOM token serves as the native utility token for the Axiom network, used for governance and payment for computation services. It enables users to pay for verification services and participate in network governance.
Business Model
The project generates revenue through fees charged for proof generation and verification services. This business model aligns with halal principles as it provides clear value exchange and doesn't involve interest-based or prohibited activities.
Real-World Adoption
Axiom has established partnerships with several blockchain projects and is actively used by developers for generating zero-knowledge proofs. The platform has demonstrated genuine utility in the blockchain infrastructure space.
Platform Development
The project maintains an active GitHub repository with regular updates and improvements to their infrastructure. The development team consistently releases updates and technical documentation.
Token Distribution
Token distribution information indicates a relatively balanced allocation between team, investors, and community. Vesting schedules are in place for team and investor tokens to prevent early dumping.
Crypto Impact
To assign a comfort level investing in Axiom 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 Axiom.
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.