Cellframe

Halal Rating :
Comfortable
Contract: 0x26c8afbbfe1ebaca03c2bb082e69d0476bffe099
Last Price $0.39 Last updated:
Rank 1080
1D Change 10.41 %
Market Cap $11.19m
Circulating supply 28,599,168
Maximum supply None

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.

Rating Justification

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