HAPI Protocol
Crypto Overview
Overview
HAPI Protocol is a cybersecurity protocol designed to prevent malicious activities in the DeFi ecosystem by creating an on-chain data intelligence network. The protocol aims to provide security oracles and tools to identify and prevent fraud, hacks, and other malicious activities on blockchain networks.
Intended Utility
The HAPI token serves as a governance and utility token within the HAPI Protocol ecosystem. Token holders can participate in protocol governance, stake tokens to become data validators, and access the protocol's security services. The primary use cases include: operating security oracles, validating security data, and accessing threat intelligence.
Actual Implementation & Usage
The protocol has demonstrated real-world utility through partnerships with several blockchain projects and exchanges. Security oracles are actively running on multiple networks, and the protocol maintains an active development schedule. The project shows consistent GitHub activity and regular technical updates.
Token Distribution & Governance
The token distribution appears relatively balanced with: 30% allocated to ecosystem development, 25% to the team (with vesting schedules), 20% for public sale, 15% for security validator rewards, and 10% for marketing and partnerships. Team tokens are subject to a 2-year vesting period with quarterly unlocks.
Development vs Marketing
The project maintains a strong focus on technical development, with regular updates to the protocol's infrastructure and security tools. Marketing efforts appear proportionate and focused on building awareness within the cybersecurity and blockchain communities rather than token price speculation.
Crypto Impact
To assign a comfort level investing in HAPI Protocol 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 HAPI Protocol.
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.