Deeper Network

Halal Rating :
Comfortable
Last Price $0.0025 Last updated:
Rank 1328
1D Change 1.15 %
Market Cap $7.54m
Circulating supply 2,959,390,534
Maximum supply 10,000,000,000

Crypto Overview

Categories
  • Hardware
  • Distributed Computing
  • Ethereum Ecosystem
  • DePIN

Project Overview

Deeper Network is a blockchain-based project that aims to build a decentralized network infrastructure combining blockchain, network security, and sharing economy. The DPR token is the native cryptocurrency of the Deeper Network ecosystem.

Purpose and Utility

The primary purpose of DPR tokens is to serve as the economic incentive mechanism within the Deeper Network ecosystem. Users can stake DPR tokens to become network validators and earn rewards for providing decentralized VPN services. The token is also used for governance voting and accessing premium features on the network.

Business Model Evaluation

The business model revolves around providing decentralized internet infrastructure services, including VPN, firewall, and ad-blocking capabilities. Users can earn DPR by sharing their bandwidth and participating in network validation. The core services align with halal principles as they involve legitimate exchange of digital services and network resources.

Real-World Adoption

Deeper Network has demonstrated actual implementation through their hardware devices (Deeper Connect) which are being used globally. The project has established partnerships with various technology companies and continues to expand its ecosystem.

Platform Development

The project maintains active development with regular updates to both hardware and software components. The team consistently releases new features and improvements to the network infrastructure.

Token Distribution and Governance

The token distribution includes allocations for mining rewards, ecosystem development, and team members. There are vesting schedules in place for team tokens to ensure long-term alignment with project goals.

Crypto Impact

To assign a comfort level investing in Deeper Network 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 Deeper Network.

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.