Cellframe

Halal Rating :
Comfortable
Last Price $1.19 Last updated:
Rank 791
1D Change -1.75 %
Market Cap $34.07m
Circulating supply 28,599,168
Maximum supply 30,300,000

Crypto Overview

Categories
  • Zero Knowledge Proofs
  • Quantum-Resistant
  • Scaling
  • Sharding
  • Exnetwork Capital Portfolio
  • Trustswap Launchpad

Project Overview

Cellframe is a blockchain development platform focused on post-quantum cryptography and creating a network infrastructure that aims to be quantum-resistant. The project's main utility is to provide a framework for building decentralized applications that can withstand potential threats from quantum computing.

Intended Utility

The CELL token serves multiple purposes within the Cellframe ecosystem: It's used for network fees, validator staking, and governance. The platform aims to enable developers to build quantum-resistant applications and services.

Actual Utility Analysis

The project demonstrates active development with regular GitHub commits and technical updates. The main net is operational, and the platform supports various services including a DEX and cross-chain bridges. While adoption is still in early stages, there is evidence of real utility through validator nodes and network operations.

Token Distribution and Governance

The token distribution appears relatively balanced with defined allocations for development, marketing, and community initiatives. Team tokens have vesting periods implemented. The project maintains transparency regarding token allocation and usage.

Technology Assessment

The core technology focuses on legitimate blockchain development with an emphasis on quantum resistance. The project implements Proof of Stake consensus mechanism for network security and validation. No interest-bearing mechanisms or prohibited activities have been identified in the core protocol.

Crypto Impact

To assign a comfort level investing in Cellframe 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 Cellframe.

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