Cloudbric
Crypto Overview
Project Overview
Cloudbric is a cybersecurity platform that aims to provide decentralized security services using blockchain technology. The CLBK token serves as the native utility token within the Cloudbric ecosystem.
Purpose and Utility
The intended purpose of CLBK is to facilitate transactions within the Cloudbric ecosystem, including paying for security services, rewarding users for contributing security data, and governance participation. Users can stake CLBK tokens to access premium features and services on the platform.
Business Model Analysis
The business model focuses on providing legitimate cybersecurity services, which is a halal activity as it helps protect users and their digital assets from threats. The platform's core services do not involve any prohibited activities like gambling, interest-based lending, or adult content.
Development and Adoption
The project has shown ongoing development activity, though current adoption levels appear limited. The team maintains regular updates to their security infrastructure and blockchain integration.
Token Distribution
The token distribution appears reasonable with allocations for development, marketing, and ecosystem growth. There are vesting schedules in place for team tokens, which helps align long-term interests.
Revenue Model
The revenue model is primarily based on providing security services and solutions, which is compliant with Islamic principles as it involves the exchange of real value and services.
Crypto Impact
To assign a comfort level investing in Cloudbric 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 Cloudbric.
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.