Fuse

Halal Rating :
Comfortable
Last Price $0.027 Last updated:
Rank 1416
1D Change -1.97 %
Market Cap $5.99m
Circulating supply 219,882,167
Maximum supply None

Crypto Overview

Categories
  • Ethereum Ecosystem
  • Polygon Ecosystem
  • BNB Chain Ecosystem
  • Optimism Ecosystem
  • Layer 1
  • DWF Labs Portfolio
  • Base Ecosystem
  • Gnosis Chain Ecosystem

Purpose and Utility

Fuse is a blockchain platform designed to enable businesses and developers to create and manage mobile-first payment solutions. The project aims to simplify the integration of crypto payments into everyday transactions through its mobile-first approach.

Business Model

The FUSE token serves multiple purposes within the ecosystem: it's used for transaction fees, validator staking, and network governance. The business model focuses on providing infrastructure for payment solutions and DeFi services, with an emphasis on real-world adoption.

Real-World Adoption

Fuse has developed partnerships with various businesses and payment providers. The platform has seen adoption through projects like GoodDollar, a universal basic income initiative, and Voltage Finance, a decentralized exchange built on Fuse.

Platform Development

The project maintains active development, with regular updates to its core infrastructure and tools. The team consistently releases improvements to the Fuse wallet, SDK, and other components of the ecosystem.

Token Distribution

The token distribution appears relatively balanced, with allocations for ecosystem development, team incentives, and public sale participants. There are vesting schedules in place for team tokens to prevent early dumping.

Crypto Impact

To assign a comfort level investing in Fuse 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 Fuse.

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.

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