bloXmove Token

Halal Rating :
Comfortable
Last Price $0.017 Last updated:
Rank 5297
1D Change 5.62 %
Market Cap -
Circulating supply 0
Maximum supply 50,000,000

Crypto Overview

Categories
  • Ethereum Ecosystem
  • DePIN

Purpose and Utility

bloXmove Token (BLXM) is designed as a utility and governance token for the bloXmove mobility blockchain platform. The platform aims to create a decentralized mobility alliance that connects various mobility service providers, enabling seamless booking and payment for transportation services.

Business Model

The platform operates by connecting mobility providers (such as ride-sharing services, public transport, and vehicle rental companies) through blockchain technology. BLXM tokens are used for governance voting, platform fees, and rewards for network participants.

Real-World Adoption

bloXmove has established partnerships with various mobility providers and has launched pilot programs in several European cities. The platform is actively being developed and implemented in real-world scenarios.

Development Activity

The project maintains an active development team and regularly updates its platform. The ecosystem shows continuous improvement and adaptation to market needs.

Token Distribution and Vesting

Token distribution includes allocations for development, marketing, and ecosystem growth. Vesting schedules are in place for team tokens to ensure long-term commitment.

Technology Review

The platform's technical infrastructure focuses on facilitating legitimate business transactions in the mobility sector. It does not involve interest-based lending or gambling mechanisms.

Crypto Impact

To assign a comfort level investing in bloXmove Token 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 bloXmove Token.

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.