iPulse
Crypto Overview
Overview
iPulse (PLS) is a cryptocurrency project that aims to revolutionize the health and wellness tracking ecosystem through blockchain technology. The project intends to create a decentralized platform where users can securely store and share their health data while earning rewards for maintaining healthy habits.
Purpose and Utility
The primary stated purpose of iPulse is to serve as a utility token within its ecosystem, enabling users to access various features of the platform, purchase health-related products and services, and receive rewards for achieving health goals.
Business Model Analysis
The business model appears to be based on legitimate value exchange, where users receive tokens for participating in health-related activities and can use these tokens for real services. The model does not involve interest-bearing mechanisms or prohibited activities.
Current Development and Adoption
The project is in its early stages, with development primarily focused on building the core infrastructure. While adoption is currently limited, this does not impact its Sharia compliance assessment.
Token Distribution
Based on available information, the token distribution includes allocations for development (30%), community rewards (40%), team (20%), and strategic partnerships (10%). Team tokens are subject to a 2-year vesting period with quarterly unlocks.
Crypto Impact
To assign a comfort level investing in iPulse 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 iPulse.
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.