Juice

Halal Rating :
Comfortable
Last Price $0.13 Last updated:
Rank 5802
1D Change -2.35 %
Market Cap -
Circulating supply 0
Maximum supply 10,000,000

Crypto Overview

Categories
  • Ethereum Ecosystem

Purpose and Utility

JUICEbox Protocol is a decentralized fundraising protocol for Web3 projects. It enables project creators to raise funds by selling tokens while providing contributors with governance rights and potential returns based on project success.

Business Model

The protocol facilitates fundraising through a transparent mechanism where projects can set funding targets, token distribution rules, and project milestones. Contributors receive tokens representing their stake in the project.

Real-World Adoption

The protocol has been used by several Web3 projects for fundraising, including Constitution DAO and AssangeDAO. The platform continues to host new fundraising projects and maintains active development.

Platform Development

JUICEbox maintains regular updates and improvements to its protocol. The development team actively maintains the codebase and implements community feedback.

Token Distribution

The JUICE token distribution appears to be relatively fair, with no excessive allocation to founders or early investors. The protocol emphasizes community ownership and governance.

Founder Background

The development team has maintained transparency and has demonstrated consistent commitment to the project's development.

Crypto Impact

To assign a comfort level investing in Juice 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 Juice.

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.