Cellframe

Halal Rating :
Comfortable
Last Price $0.69 Last updated:
Rank 962
1D Change -11.91 %
Market Cap $19.84m
Circulating supply 28,599,168
Maximum supply 30,300,000

Crypto Overview

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

Overview

Cellframe is a quantum-resistant layer-1 network focused on developing a blockchain platform that aims to be secure against future quantum computing threats. The project's primary utility lies in its infrastructure for building decentralized applications that can withstand potential quantum computer attacks.

Purpose and Utility

The CELL token serves multiple purposes within the Cellframe ecosystem: It's used for network governance, securing the network through its Proof of Stake mechanism, and as a means of payment for network services. The token is essential for operating validator nodes and participating in the platform's consensus mechanism.

Business Model Analysis

The project's business model centers around providing quantum-resistant blockchain infrastructure services. This includes network security, cross-chain operations, and developer tools for building quantum-resistant applications. The core activities align with halal principles as they involve the exchange of real value and services.

Development Activity and Adoption

Cellframe maintains active development on their GitHub repository, with regular updates to their core protocol. While the project is still in relatively early stages of adoption, it has demonstrated consistent technical progress in implementing its quantum-resistant features.

Token Distribution

The token distribution includes allocations for development, marketing, and ecosystem growth. While specific details about founder holdings are not readily available in recent documentation, the project maintains transparent communication about technical development and roadmap progress.

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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