humanDAO
Crypto Overview
Overview
humanDAO (HDAO) is a decentralized protocol focused on creating economic opportunities through Web3 for people in developing nations. The project aims to help individuals earn cryptocurrency through various initiatives and training programs.
Purpose and Utility
The primary utility of HDAO is governance and community participation. Token holders can vote on protocol decisions and participate in the DAO's decision-making process. The token also provides access to certain features within the ecosystem.
Business Model Analysis
The project focuses on creating legitimate employment opportunities through blockchain technology, which aligns with Islamic principles of providing fair work and economic empowerment. The protocol does not involve interest-bearing products or gambling mechanisms.
Real-World Adoption
The project has demonstrated real-world impact through its various initiatives, including training programs and job placement services. While adoption is still growing, there is evidence of actual utility being delivered to beneficiaries.
Token Distribution
The token distribution includes allocations for the treasury, team, and community. Team tokens are subject to vesting periods, which helps align long-term incentives. The project maintains transparency regarding token allocations and usage.
Development Activity
The project shows ongoing development activity with regular updates to its platform and programs. The team maintains active communication channels and provides regular progress updates to the community.
Crypto Impact
To assign a comfort level investing in humanDAO 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 humanDAO.
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.