Deeper Network

Halal Rating :
Comfortable
Last Price $0.00 Last updated:
Rank 1237
1D Change 1.09 %
Market Cap $9.05m
Circulating supply 2,904,344,254
Maximum supply 10,000,000,000

Crypto Overview

Categories
  • Hardware
  • Distributed Computing
  • Polkadot
  • Polkadot Ecosystem

Understanding the Intended Utility

Deeper Network (DPR) is the native token of the Deeper Network ecosystem, designed to power a decentralized network security and internet infrastructure platform. The project aims to provide decentralized VPN services, cybersecurity features, and Web3 infrastructure through physical hardware devices called Deeper Connect.

The DPR token serves multiple utilities within the ecosystem: It's used for staking to run Deeper Network nodes, purchasing bandwidth and services, governance participation, and incentivizing network participants who share bandwidth and computing resources.

Actual Utility Assessment

The project demonstrates real-world utility through its hardware devices and active network. Deeper Network has shipped over 68,000 mining devices globally and maintains an active ecosystem of users leveraging their decentralized VPN and security services. The network operates through physical hardware devices that provide actual utility in terms of network security and bandwidth sharing.

Token Distribution and Founder Analysis

The token distribution shows a structured allocation with vesting periods for team and advisors. The project maintains transparent documentation about token economics and distribution schedules. The founding team has maintained consistent development activity since launch, with regular updates to both hardware and software components.

Technology and Revenue Model

The revenue model is based on hardware sales and network service fees, not on interest-bearing mechanisms. The core technology focuses on providing legitimate network security and VPN services, avoiding any involvement with prohibited activities.

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.