disBalancer

Halal Rating :
Comfortable
Last Price $0.02 Last updated:
Rank 2613
1D Change 0.00 %
Market Cap $136115.13
Circulating supply 6,809,376
Maximum supply 10,000,000

Crypto Overview

Categories
  • Cybersecurity
  • Distributed Computing
  • Ethereum Ecosystem
  • DuckSTARTER
  • Poolz Finance Portfolio
  • Hacken Foundation
  • BNB Chain Ecosystem
  • DePIN

Purpose and Utility

disBalancer is a decentralized DDoS protection service that aims to prevent Distributed Denial of Service attacks on websites and applications. The DDOS token serves as the native utility token within the disBalancer ecosystem, used for payments between users requesting protection and node operators providing DDoS mitigation services.

Business Model Analysis

The project's business model appears straightforward and legitimate: website owners pay for DDoS protection services using DDOS tokens, while node operators earn tokens by providing computational resources to detect and mitigate attacks. This creates a clear value exchange between parties.

Real-World Adoption

The project has demonstrated some level of real-world implementation, with a working platform and node network. However, current adoption metrics and active user base information are limited.

Platform Development

Development activity appears to be ongoing, with regular updates to the platform's infrastructure and node software. The project maintains transparency through public GitHub repositories and technical documentation.

Token Distribution

Token distribution information indicates a reasonable allocation between team, development fund, and public availability. Standard vesting schedules are in place for team tokens.

Technology Assessment

The underlying technology focuses on legitimate cybersecurity services, with no inherent elements that would conflict with Islamic principles. The revenue model is based on direct payment for services rendered, avoiding interest-based mechanisms.

Crypto Impact

To assign a comfort level investing in disBalancer 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 disBalancer.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

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