EarthFund
Crypto Overview
Overview
EarthFund is a blockchain-based platform that aims to enable decentralized crowdfunding for environmental and social impact projects. The 1EARTH token serves as the native governance token of the platform.
Purpose and Utility
The intended purpose of 1EARTH is to facilitate voting on project funding decisions and provide governance rights within the EarthFund ecosystem. Token holders can create or participate in funding campaigns for environmental and social causes.
Business Model Evaluation
The business model appears to be focused on charitable and social impact initiatives, which aligns with Islamic principles of social welfare and environmental stewardship. There is no evidence of involvement in prohibited activities like gambling, interest-based lending, or adult content.
Adoption and Usage
Current on-chain data shows limited adoption of the platform and token. While the project maintains a presence on multiple blockchains, actual usage for its intended governance and crowdfunding purposes appears to be minimal.
Platform Development
The project shows some ongoing development activity, though at a modest pace. The team maintains basic platform functionality for crowdfunding campaigns.
Token Distribution
Available information about token distribution shows a relatively balanced allocation between team, community, and ecosystem development. Standard vesting schedules are in place for team tokens.
Crypto Impact
To assign a comfort level investing in EarthFund 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 EarthFund.
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.