Jobchain
Crypto Overview
Overview
Jobchain is a blockchain-based platform that aims to connect job seekers with employers while using its native JOB token as a means of payment for services and work. The project claims to simplify the hiring process and facilitate cross-border payments for remote work.
Purpose and Utility
The stated purpose of JOB token is to serve as a payment method within the Jobchain ecosystem for employment services. The platform intends to provide a decentralized job marketplace where employers can post positions and pay workers using JOB tokens.
Business Model Assessment
The business model involves facilitating employment connections and payments, which is inherently halal as it involves the exchange of work for compensation. The platform does not appear to involve any inherently prohibited activities like interest-based lending or gambling.
Real-World Adoption
Current adoption appears limited, with minimal verifiable evidence of active job postings or employment arrangements being conducted through the platform. The token primarily sees activity on cryptocurrency exchanges rather than within its intended ecosystem.
Development Activity
The project shows some ongoing development activity, though at a modest pace. Updates to the platform and documentation are infrequent but present.
Token Distribution
Information about token distribution and vesting schedules is limited in transparency. While this raises some concerns about centralization, it does not inherently make the project haram.
Crypto Impact
To assign a comfort level investing in Jobchain 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 Jobchain.
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.