Everscale
Crypto Overview
Project Overview
Everscale is a blockchain platform that evolved from the TON blockchain project. It aims to provide a highly scalable network for decentralized applications, featuring dynamic sharding technology and the ability to process millions of transactions per second.
Purpose and Utility
The primary purpose of EVER is to serve as the native token for the Everscale network, used for transaction fees, staking, and governance. The token has clear utility within the ecosystem, including validator staking, gas fees, and participation in network governance.
Business Model and Operations
The platform focuses on providing infrastructure for decentralized applications, with particular emphasis on DeFi applications, NFTs, and cross-chain bridges. The business model is based on legitimate blockchain technology development and network operation.
Development Activity
There is significant ongoing development activity, with regular updates to the core protocol and ecosystem tools. The project maintains an active GitHub repository and has a dedicated development team.
Real-World Adoption
The network has seen adoption primarily in the DeFi space, with several decentralized applications built on the platform. While adoption is still growing, the platform shows legitimate use cases and active development.
Token Distribution
The token distribution appears relatively balanced, with no concerning concentration in founder or early investor wallets. Vesting schedules are in place for team allocations.
Crypto Impact
To assign a comfort level investing in Everscale 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 Everscale.
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.