DMAIL Network

Halal Rating :
Comfortable
Last Price $0.19 Last updated:
Rank 1050
1D Change -5.30 %
Market Cap $15.08m
Circulating supply 77,716,806
Maximum supply 200,000,000

Crypto Overview

Categories
  • Communications & Social Media
  • Ethereum Ecosystem
  • Storage
  • BNB Smart Chain
  • Social Money
  • Web3
  • Internet Computer Ecosystem
  • zkSync Era Ecosystem
  • Linea Ecosystem
  • DePIN

Overview

DMAIL Network is a blockchain-based decentralized email and communication protocol built on the Ethereum network. The project aims to provide secure, censorship-resistant messaging and data storage services using blockchain technology.

Purpose and Utility

The primary utility of DMAIL tokens is to facilitate access to the decentralized email network and pay for storage and transmission fees. The token serves as the native currency within the DMAIL ecosystem, enabling users to send messages, store data, and access network services.

Business Model Analysis

The business model appears to be focused on providing legitimate communication infrastructure services. The core functionality does not involve any inherently prohibited activities like gambling, interest-based lending, or adult content. The service aims to provide genuine utility through decentralized communication services.

Development and Adoption

The project shows active development on GitHub, though adoption metrics are currently limited. The team maintains regular updates to the protocol and infrastructure.

Token Distribution

The token distribution shows a significant portion allocated for development and ecosystem growth. While detailed vesting schedules are not publicly available, there are no immediate red flags in the distribution model that would suggest a scheme to enrich founders.

Technology Assessment

The underlying technology focuses on providing legitimate communication services without involving any interest-bearing mechanisms or prohibited activities. The revenue model is based on service fees rather than lending or gambling mechanics.

Crypto Impact

To assign a comfort level investing in DMAIL 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 DMAIL Network.

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