Eden
Crypto Overview
Overview
Eden is an ERC-20 token that aims to promote environmentally sustainable blockchain projects and facilitate carbon offset trading. The project's stated mission is to create a decentralized marketplace for environmental credits and sustainable project funding.
Purpose and Utility
Eden's primary utility is to serve as a governance token for the Eden ecosystem and as a medium of exchange for environmental credits. Token holders can participate in protocol governance decisions and access the platform's sustainable project marketplace.
Business Model and Implementation
The project operates through a decentralized platform where users can trade environmental credits, fund sustainable projects, and participate in governance. The protocol does not involve interest-bearing mechanisms or lending.
Development Activity and Adoption
The project shows regular development activity on GitHub, with ongoing updates to the protocol. While adoption is currently limited, there are several partnerships with environmental organizations and sustainable project developers.
Token Distribution
The token distribution appears reasonable with 20% allocated to the team with a 2-year vesting period, 30% for ecosystem development, 30% for public sale, and 20% reserved for sustainability initiatives.
Crypto Impact
To assign a comfort level investing in Eden 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 Eden.
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.