Dawn Protocol

Halal Rating :
Uncomfortable
Last Price $0.00 Last updated:
Rank 2372
1D Change 3.44 %
Market Cap $305560.1
Circulating supply 74,464,266
Maximum supply 93,468,683

Crypto Overview

Categories
  • Cosmos Ecosystem
  • Gaming
  • Injective Ecosystem

Purpose and Utility

Dawn Protocol is designed as a decentralized protocol for gaming and betting. The DAWN token serves as the governance token for the protocol and is used for staking and rewards within the ecosystem.

Business Model Analysis

The core focus of Dawn Protocol appears to be facilitating betting and gambling activities through smart contracts. The platform enables users to create and participate in prediction markets and betting games.

Real-World Adoption

The protocol has shown limited adoption and activity. Current usage primarily revolves around gambling and betting functionalities.

Platform Development

Development activity appears minimal based on public repositories and updates. The project's main focus has been on implementing betting and gambling features.

Token Distribution

The token distribution information is not readily available, making it difficult to assess the concentration of ownership.

Crypto Impact

To assign a comfort level investing in Dawn Protocol 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 Dawn Protocol.

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.