Coalculus
Crypto Overview
Overview
Coalculus (COAL) is a blockchain platform focused on privacy-preserving smart contracts. The project aims to enable confidential decentralized applications while maintaining transparency where appropriate.
Purpose and Utility
The primary stated purpose of Coalculus is to serve as the native token for its blockchain network, enabling private smart contract execution and transaction fees. The token is required for network operations and securing the network through its proof-of-stake consensus mechanism.
Business Model Assessment
The core business model centers on providing privacy-focused blockchain infrastructure, which is a legitimate technological use case. The platform does not inherently facilitate any haram activities like gambling or interest-based lending.
Development and Adoption
The project maintains an active GitHub repository with regular commits, indicating ongoing development. While adoption remains limited, this is not a concern from a Sharia compliance perspective.
Token Distribution
Token distribution appears reasonable with approximately 20% allocated to the development team with a 2-year vesting period. The remaining tokens are distributed between network operations, community incentives, and public sale participants.
Crypto Impact
To assign a comfort level investing in Coalculus 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 Coalculus.
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.