Brokoli Network

Halal Rating :
Comfortable
Last Price $0.0043 Last updated:
Rank 2498
1D Change 2.65 %
Market Cap $230707.85
Circulating supply 53,472,622
Maximum supply 125,000,000

Crypto Overview

Categories
  • Ethereum Ecosystem

Purpose and Utility

Brokoli Network aims to reduce the carbon footprint of crypto transactions by offsetting emissions through environmental initiatives. The BRKL token serves as a governance token for the Brokoli DAO and provides access to the network's green DeFi services.

Business Model Analysis

The project's core business model revolves around providing infrastructure for environmentally conscious DeFi activities. Users can stake BRKL tokens to participate in governance and earn rewards from the network's fee collection system. The protocol collects fees from various green DeFi services and uses them to fund environmental projects.

Real-World Adoption

The project is still in its early stages, with limited adoption. While partnerships with environmental organizations have been announced, concrete implementation data is limited.

Platform Development

Development activity appears to be ongoing, with regular updates to the protocol's infrastructure. The project maintains an active GitHub repository and has documented technical progress.

Token Distribution

The token distribution includes allocations for the team, development fund, and community initiatives. Vesting schedules are in place for team tokens, indicating some protection against immediate selling pressure.

Crypto Impact

To assign a comfort level investing in Brokoli Network 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 Brokoli Network.

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.