EthicHub
Crypto Overview
Purpose and Utility
EthicHub is a blockchain-based platform designed to connect small farmers with investors worldwide through tokenized agricultural investments. The ETHIX token serves as a governance and utility token within the EthicHub ecosystem, enabling holders to participate in platform decisions and access various services.
Business Model
The platform facilitates direct investment in agricultural projects, particularly focusing on small-scale farmers in developing countries. Investors can support farming projects and receive returns from harvest sales. The model operates through smart contracts that manage the investment and distribution of returns.
Real-World Adoption
EthicHub has demonstrated real-world implementation, particularly in Latin America, with a focus on coffee farmers in Mexico. The platform has facilitated multiple successful farming projects, though adoption remains relatively modest compared to larger blockchain platforms.
Platform Development
The project maintains active development, with regular updates to their smart contracts and platform functionality. The team continues to expand their network of farmers and investors, showing commitment to their stated goals.
Token Distribution and Governance
ETHIX tokens are distributed across investors, platform users, and the development team. The project implements vesting periods for team allocations, indicating a long-term commitment to the platform's success.
Crypto Impact
To assign a comfort level investing in EthicHub 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 EthicHub.
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.