edeXa

Halal Rating :
Comfortable
Last Price $0.051 Last updated:
Rank 4411
1D Change 68.84 %
Market Cap -
Circulating supply 0
Maximum supply 10,000,000,000

Crypto Overview

Categories
  • Ethereum Ecosystem
  • Polygon Ecosystem

Overview

edeXa is a blockchain platform focused on providing enterprise-grade business solutions, particularly in supply chain management and document verification. The project aims to help businesses digitize and automate their processes through blockchain technology.

Purpose and Utility

The EDX token serves as the native utility token of the edeXa ecosystem. It is used for: Platform access and service payments, Governance participation, Network validation through staking.

Business Model Analysis

The platform's business model centers on providing legitimate blockchain services to enterprises, with a focus on supply chain tracking, document management, and process automation. These activities align with halal principles as they involve the exchange of real services and value.

Development and Adoption

edeXa shows active development with regular updates to their platform. The project has established partnerships with various businesses and continues to build its enterprise solutions. The development team is transparent and publicly known.

Token Distribution

Token distribution information shows a structured allocation with vesting periods for team members and early investors, indicating measures to prevent market manipulation. The project maintains transparency regarding token economics.

Crypto Impact

To assign a comfort level investing in edeXa 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 edeXa.

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.