Lambda
Crypto Overview
Overview
Lambda is a decentralized infrastructure project focused on providing secure, scalable storage and retrieval solutions for decentralized applications. The project aims to create a marketplace for decentralized data storage services, where users can participate as both storage providers and consumers.
Purpose and Utility
The LAMB token serves multiple functions within the Lambda ecosystem: It acts as a payment method for storage services, incentivizes network participants who provide storage space, and enables governance participation in the platform's decision-making processes.
Business Model Assessment
The core business model revolves around providing decentralized storage infrastructure, which is inherently halal as it involves the exchange of real services (storage space) for compensation. The platform does not engage in interest-based lending or prohibited activities.
Development and Adoption
The project shows ongoing development activity, though at a moderate pace. The team maintains regular updates to the protocol and infrastructure. While adoption remains limited, this is not a concern from a Shariah compliance perspective.
Token Distribution
Token distribution appears reasonably balanced between team, development fund, and public allocation. There are vesting schedules in place for team tokens, which helps align long-term incentives.
Crypto Impact
To assign a comfort level investing in Lambda 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 Lambda.
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.