DecentraWeb
Crypto Overview
Overview
DecentraWeb (DWEB) is a cryptocurrency project aiming to create a decentralized web infrastructure. The project focuses on providing decentralized domain naming services and web hosting solutions.
Purpose and Utility
The intended purpose of DWEB is to serve as a utility token within the DecentraWeb ecosystem, used for registering and managing decentralized domains, paying for hosting services, and participating in governance decisions. The token is currently being used primarily for these stated purposes.
Business Model Evaluation
The business model appears transparent and focuses on providing legitimate web infrastructure services. There is no evidence of involvement in prohibited activities like gambling, interest-based lending, or adult content.
Development and Adoption
The project shows ongoing development activity with regular updates to their infrastructure. While adoption is still in early stages, this does not impact its Shariah compliance assessment.
Token Distribution
The token distribution includes allocations for development, marketing, and community growth. Founder allocations appear reasonable and include vesting periods to align long-term incentives.
Crypto Impact
To assign a comfort level investing in DecentraWeb 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 DecentraWeb.
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.