Divi

Halal Rating :
Comfortable
Last Price $0.00 Last updated:
Rank 1476
1D Change 5.90 %
Market Cap $4.5m
Circulating supply 4,133,232,988
Maximum supply None

Crypto Overview

Categories
  • Mineable
  • Asset Management
  • Masternodes
  • Wallet

Overview

Divi is a proof-of-stake cryptocurrency launched in 2018 that aims to make cryptocurrency more accessible to mainstream users through user-friendly features and simplified staking processes. The project focuses on providing an easy-to-use digital wallet and one-click masternode deployment system.

Intended Utility

The primary intended utilities of DIVI include: serving as a medium of exchange, enabling simplified crypto staking through masternodes, and facilitating payments through their mobile wallet ecosystem. The project emphasizes making cryptocurrency more accessible to non-technical users.

Actual Utility Assessment

The cryptocurrency is actively used for its stated purposes, particularly through its mobile wallet (Divi Wallet) and masternode system. The project maintains active development, with regular updates to their core infrastructure and mobile applications. The masternode system is functional and being utilized by token holders.

Token Distribution and Founder Analysis

The initial token distribution included allocations for the team and early investors with standard vesting periods. The project demonstrates ongoing development activity and maintaining transparency in their operations. The founding team has maintained consistent involvement since launch and has delivered on key technological promises.

Technical Infrastructure

The project operates on its own blockchain using a Proof-of-Stake consensus mechanism. The technical infrastructure includes masternodes, mobile wallets, and payment systems. These components serve legitimate technological purposes and facilitate real value transfer between parties.

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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