dKargo

Halal Rating :
Comfortable
Last Price $0.02 Last updated:
Rank 419
1D Change -2.16 %
Market Cap $100.3m
Circulating supply 4,342,083,333
Maximum supply 5,000,000,000

Crypto Overview

Categories
  • AI & Big Data

Project Overview

dKargo is a blockchain-based logistics platform that aims to create a decentralized ecosystem for the logistics industry. The project utilizes blockchain technology to enhance transparency, efficiency, and trust in supply chain management. The DKA token serves as the native utility token of the platform.

Intended Utility

The DKA token is designed to facilitate transactions within the dKargo ecosystem, including payments for logistics services, incentivizing network participants, and governance participation. The platform aims to connect various stakeholders in the logistics industry, including shippers, carriers, and customers.

Actual Utility Assessment

The project has demonstrated real-world implementation through partnerships with logistics companies in South Korea. The platform shows active development and maintenance, with regular updates to their technology stack. There is evidence of actual usage in supply chain tracking and management.

Token Distribution and Governance

The token distribution appears reasonably balanced, with defined allocations for development, ecosystem growth, and team incentives. The team's tokens are subject to a vesting schedule, indicating commitment to long-term development. The project maintains transparency in their development progress and token economics.

Revenue Model

The platform generates revenue through transaction fees and service charges within the logistics ecosystem, avoiding interest-based mechanisms. The business model focuses on facilitating legitimate trade and service provision in the logistics sector.

Crypto Impact

To assign a comfort level investing in dKargo 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 dKargo.

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.

Justification for our Halal Rating