KardiaChain

Halal Rating :
Comfortable
Last Price $0.00 Last updated:
Rank 1096
1D Change -1.22 %
Market Cap $10.87m
Circulating supply 4,775,000,000
Maximum supply 5,000,000,000

Crypto Overview

Categories
  • DPoS
  • Platform
  • Enterprise Solutions
  • Interoperability
  • Scaling
  • Sharding
  • Smart Contracts
  • Staking
  • Injective Ecosystem

Project Overview and Intended Utility

KardiaChain is a public blockchain platform focused on interoperability, specifically targeting the Vietnamese and broader Southeast Asian market. The project aims to serve as an infrastructure layer enabling cross-chain communication and integration between different blockchain networks while providing a platform for decentralized applications (dApps).

Business Model Analysis

The KAI token serves multiple purposes within the ecosystem: It functions as the native currency for transaction fees, validator staking, and governance participation. The business model appears transparent with clear technical documentation and use cases.

Actual Utility Assessment

Current adoption metrics show moderate activity, with the platform hosting several dApps primarily in gaming and DeFi sectors. The development team maintains regular updates to the platform, with verifiable GitHub activity. The project has established partnerships with several Vietnamese enterprises and government entities, indicating legitimate business development efforts.

Token Distribution and Founder Analysis

Initial token distribution allocated 30% to the team and advisors with a structured vesting schedule over 2 years. The vesting schedule appears to be properly implemented through smart contracts. The founding team has maintained consistent involvement since the project's inception in 2018, with backgrounds in technology and blockchain development that can be verified.

Development vs Marketing

The project demonstrates a balanced approach between technical development and marketing efforts. Regular technical updates and improvements are documented, while marketing activities focus on practical adoption rather than speculative hype.

Crypto Impact

To assign a comfort level investing in KardiaChain 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 KardiaChain.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

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Justification for our Halal Rating