dAppstore

Halal Rating :
Comfortable
Last Price $0.0027 Last updated:
Rank 1860
1D Change -2.64 %
Market Cap $1.61m
Circulating supply 608,183,976
Maximum supply None

Crypto Overview

Categories
  • Ethereum Ecosystem

Project Overview

dAppstore is a decentralized platform designed to serve as a marketplace for decentralized applications (dApps). The project aims to create a user-friendly ecosystem where developers can list their dApps and users can discover, review, and interact with various blockchain applications.

Intended Purpose and Current Usage

The DAPPX token is primarily used for governance and utility within the dAppstore ecosystem. Token holders can participate in platform decisions, and developers need to stake DAPPX to list their applications. The token also facilitates revenue sharing from platform fees.

Business Model Analysis

The platform's business model appears to be straightforward and transparent, focusing on creating a marketplace for decentralized applications. The revenue model is based on listing fees and transaction fees, which aligns with halal business practices as it involves clear value exchange.

Development and Adoption

The project shows ongoing development activity, though adoption metrics are still in early stages. The team regularly updates their GitHub repository and maintains active communication with their community through official channels.

Token Distribution and Governance

The token distribution includes allocations for development, marketing, and community initiatives. There are vesting periods in place for team tokens, which demonstrates commitment to long-term project development.

Crypto Impact

To assign a comfort level investing in dAppstore 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 dAppstore.

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.

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