Divi

Halal Rating :
Comfortable
Last Price $0.0049 Last updated:
Rank 957
1D Change -4.80 %
Market Cap $20.19m
Circulating supply 4,163,063,466
Maximum supply None

Crypto Overview

Categories
  • Mineable
  • Asset Management
  • Masternodes
  • Wallet
  • Ethereum Ecosystem

Overview

Divi is a cryptocurrency project focused on making cryptocurrency accessible and user-friendly through its blockchain platform. The project aims to simplify crypto adoption through features like human-readable addresses, one-click masternodes, and a mobile-first approach.

Purpose and Utility

The primary stated purpose of DIVI is to serve as a medium of exchange and to power the Divi blockchain's proof-of-stake consensus mechanism through masternodes and staking. The project emphasizes making cryptocurrency more accessible to mainstream users through simplified interfaces and features.

Business Model Analysis

The business model revolves around providing blockchain infrastructure and payment solutions. The project generates value through network fees and masternode operations. These activities align with halal principles as they involve actual value exchange and asset ownership.

Real-World Adoption

Divi has developed several key products including their mobile wallet, masternode system, and payment solutions. The project has established partnerships with various organizations for payment processing and maintains active development.

Platform Development

The project maintains regular development activity with continuous updates to their core infrastructure and mobile applications. The GitHub repository shows consistent commits and updates, indicating ongoing technical development.

Token Distribution and Governance

The token distribution includes allocations for development, marketing, and community initiatives. The project operates on a proof-of-stake consensus mechanism, with masternodes playing a key role in network security and governance.

Crypto Impact

To assign a comfort level investing in Divi 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 Divi.

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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Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

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