Cratos

Halal Rating :
Comfortable
Last Price $0.00027 Last updated:
Rank 1104
1D Change -1.99 %
Market Cap $13.28m
Circulating supply 49,299,676,745
Maximum supply 100,000,000,000

Crypto Overview

Categories
  • Ethereum Ecosystem

Overview

Cratos is a cryptocurrency project that operates on the BNB Smart Chain. The project aims to create an ecosystem focused on sustainable energy and carbon credit trading.

Purpose and Utility

The stated purpose of CRTS is to serve as the native token for the Cratos platform, which intends to facilitate carbon credit trading and promote environmental sustainability initiatives. The token is designed to be used for governance, staking, and transactions within their ecosystem.

Business Model Analysis

The project's business model centers around creating a marketplace for carbon credits and environmental initiatives. The underlying concept of facilitating environmental sustainability aligns with Islamic principles of stewardship and responsible resource management.

Real-World Adoption

Current adoption appears to be limited, with most token activity concentrated on decentralized exchanges. While the project has outlined partnerships and use cases, verification of active implementation of these initiatives has been challenging.

Development Activity

The project maintains an active development presence, though detailed technical documentation and regular updates appear limited. The team has published a roadmap outlining future developments and features.

Token Distribution

Token distribution information shows a relatively standard allocation model with provisions for development, marketing, and ecosystem growth. No concerning concentration of tokens in founder wallets has been identified.

Crypto Impact

To assign a comfort level investing in Cratos 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 Cratos.

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.

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