Guardian
Crypto Overview
Purpose and Utility
Guardian (GUARD) is a cryptocurrency project that aims to provide decentralized security services and identity verification solutions on the blockchain. The GUARD token serves as a utility token within its ecosystem, used for accessing security services, identity verification, and governance.
Business Model
The project focuses on providing blockchain-based security solutions, which is inherently halal as it involves the exchange of legitimate services. The business model centers around creating value through security services rather than lending or gambling mechanisms.
Real-World Adoption and Usage
The project has demonstrated some early adoption through partnerships with blockchain projects seeking security solutions. The token is actively traded on several decentralized and centralized exchanges.
Platform Development
Guardian maintains an active GitHub repository with regular updates to their security protocols and identity verification systems. The development team appears to be consistently working on improving the platform's functionality.
Token Distribution
Token distribution shows a reasonable allocation with vesting periods for team members and early investors. About 30% of tokens are reserved for development and ecosystem growth, with 20% allocated to the founding team under a multi-year vesting schedule.
Marketing and Development Balance
While the project maintains an active marketing presence, there is substantial evidence of ongoing technical development and improvement of the core security features.
Crypto Impact
To assign a comfort level investing in Guardian 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 Guardian.
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.