HI
Crypto Overview
Project Overview
HI (formerly Hi Dollar) is a membership-based crypto ecosystem aiming to bridge traditional finance with Web3. The project is run by hi.com and offers a mobile application that combines crypto services with traditional banking features.
Purpose and Utility
The HI token serves multiple utilities within the hi.com ecosystem: membership levels determination, rewards for daily check-ins and referrals, governance participation, and trading pairs on their exchange.
Business Model Evaluation
The platform operates a legitimate exchange business model with clear utility for its token. The ecosystem includes trading services, a mobile wallet, and various membership tiers that provide different benefits to users.
Real-World Adoption
The project has achieved notable adoption with over 3 million reported members. They have obtained licenses in various jurisdictions and partnered with Mastercard to offer crypto-linked cards.
Platform Development
The project shows consistent development activity with regular updates to their mobile app and platform features. They operate on both Ethereum and BSC networks.
Token Distribution and Vesting
The token distribution includes mechanisms for daily rewards and membership benefits. While detailed vesting schedules for team tokens aren't publicly available, the project has maintained consistent operation since its launch.
Revenue Model Analysis
The platform generates revenue through trading fees and membership services, which aligns with halal business practices as it involves actual service provision and value exchange.
Crypto Impact
To assign a comfort level investing in HI 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 HI.
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.