Bird.Money
Crypto Overview
Overview
Bird.Money is a protocol that aims to provide blockchain analytics and oracle services for DeFi applications. The BIRD token is designed to serve as a governance token and provide access to the platform's analytics services.
Purpose and Utility
The intended purpose of BIRD is to provide access to data analytics tools and oracle services within the Bird.Money ecosystem. Token holders can participate in governance decisions and access premium features of the platform.
Business Model Evaluation
The core business model focuses on providing data analytics services and oracle solutions, which are permissible activities from an Islamic finance perspective. The platform does not directly engage in lending or interest-bearing activities.
Real-World Adoption
The project has shown limited adoption and development activity in recent periods. While the platform's basic infrastructure exists, current usage appears minimal based on on-chain metrics.
Development Activity
Recent development activity has been relatively low, though the basic infrastructure remains maintained. The project's GitHub repositories show occasional updates.
Token Distribution
Token distribution information is publicly available, with a significant portion allocated to development and ecosystem growth. Vesting schedules for team tokens are in place to prevent immediate selling.
Crypto Impact
To assign a comfort level investing in Bird.Money 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 Bird.Money.
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.