GoWithMi
Crypto Overview
Overview
GoWithMi (GMAT) is a decentralized infrastructure for location-based services and mapping. The project aims to create a blockchain-based mapping system that allows for decentralized collection and verification of location data.
Purpose and Utility
The intended purpose of GMAT tokens is to incentivize users to contribute mapping data and validate location information on the platform. The token serves as both a governance mechanism and reward system for map contributors.
Business Model Assessment
The business model appears to focus on creating a decentralized alternative to traditional mapping services. The core activities involve data collection, validation, and mapping services - all of which align with halal principles as they provide tangible utility and involve the exchange of real value.
Development and Adoption
While the project's development appears to be ongoing, current information about active development and real-world adoption is limited. However, this limitation in adoption does not impact its sharia compliance status.
Token Distribution
The token distribution information is not readily available in recent sources. However, the token serves a clear utility purpose within the ecosystem for governance and rewards.
Crypto Impact
To assign a comfort level investing in GoWithMi 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 GoWithMi.
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.