Graviton
Crypto Overview
Project Overview
Graviton (GRAV) is a Web3 infrastructure project built on Cosmos that aims to enable seamless communication and interoperability between different blockchain networks. The project focuses on providing cross-chain messaging and token transfer capabilities.
Purpose and Utility
The primary utility of GRAV tokens includes governance rights over the protocol, securing the network through staking, and paying for transaction fees within the Graviton ecosystem. The token serves as the native asset for the protocol's operations.
Business Model Analysis
The project's business model centers around providing blockchain infrastructure services, specifically focused on cross-chain communication and interoperability. This model aligns with halal principles as it provides clear utility and involves the exchange of real value through technological services.
Development Activity
The project maintains active development on GitHub, with regular updates to its core protocol. The team consistently releases technical updates and improvements to the infrastructure.
Token Distribution
The token distribution includes allocations for the team, development fund, and community treasury. Team tokens are subject to a vesting schedule, indicating measures to prevent immediate selling pressure.
Technology and Revenue Model
The revenue model is based on transaction fees and does not involve interest-bearing mechanisms or lending. The core technology focuses on blockchain infrastructure and does not facilitate any activities that would be considered haram.
Crypto Impact
To assign a comfort level investing in Graviton 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 Graviton.
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.