Cellframe

Halal Rating :
Comfortable
Last Price $0.52 Last updated:
Rank 988
1D Change 4.19 %
Market Cap $14.85m
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 layer-0 quantum-resistant blockchain network designed to enable secure communications and data transfer in a post-quantum computing era. The project aims to provide a framework for building decentralized applications that can withstand potential threats from quantum computers.

Intended Utility

The CELL token serves multiple purposes within the Cellframe ecosystem: it's used for network security through staking, governance participation, and as a utility token for services built on the platform. The primary focus is on enabling quantum-resistant communications and data transfer protocols.

Actual Utility Assessment

The project demonstrates active development with regular GitHub commits and technical updates. The main network is operational with functioning validator nodes. However, real-world adoption remains limited, with most current usage focused on staking rather than the intended communication protocols.

Token Distribution and Governance

Initial token distribution included a private sale and public offering, with defined vesting schedules for team allocations. Development efforts appear genuine, with consistent technical progress documented in their GitHub repository. The team maintains transparency through regular development updates and technical documentation.

Technology Implementation

The project implements Post-Quantum Cryptography (PQC) algorithms and maintains a focus on technical development rather than marketing hype. The staking mechanism follows a Proof-of-Stake consensus that doesn't involve interest-bearing components, instead focusing on network security and validation.

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.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

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Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

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Justification for our Halal Rating