Enecuum

Halal Rating :
Comfortable
Last Price $0.00023 Last updated:
Rank 8724
1D Change -22.35 %
Market Cap -
Circulating supply 0
Maximum supply 350,000,000

Crypto Overview

Categories
  • Mineable
  • PoS
  • PoW
  • Masternodes
  • Smart Contracts

Overview

Enecuum is a blockchain mobile network focused on providing decentralized data processing and computing solutions. The project aims to create a decentralized network powered by mobile devices, combining Proof of Work (PoW), Proof of Stake (PoS), and Proof of Activity (PoA) consensus mechanisms.

Purpose and Utility

The primary purpose of ENQ is to serve as the native token for the Enecuum network, used for network operations, staking, and governance. The token facilitates transactions within the ecosystem and rewards network participants who contribute computing power through mobile mining.

Business Model and Operations

The platform focuses on providing blockchain infrastructure that allows mobile devices to participate in network operations. The business model appears legitimate, with clear technological objectives and no indication of involvement in prohibited activities.

Development and Adoption

The project maintains active development, with regular updates to their platform and mobile mining applications. While adoption remains limited, this is not a concern for Sharia compliance purposes.

Token Distribution

Token distribution information shows a planned allocation for development, team, and community incentives. While detailed vesting schedules are not readily available, there is no evidence of concerning concentration of tokens.

Crypto Impact

To assign a comfort level investing in Enecuum 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 Enecuum.

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