LEMONCHAIN
Crypto Overview
Project Overview
LemonChain is a blockchain platform that aims to provide traceability and authentication solutions for various industries, with a particular focus on the healthcare and pharmaceutical sectors. The project utilizes blockchain technology to create verifiable records of medical data and supply chain information.
Intended Utility
The LEMC token serves as the native utility token of the LemonChain ecosystem, used for:
- Paying for transaction fees on the network
- Participating in the platform's governance
- Incentivizing data providers and validators
- Accessing various platform services
Current Implementation
The project has developed several components of its ecosystem, including LemonCare (healthcare data management) and LemonTrace (supply chain tracking). The technology appears to be actively maintained, with regular GitHub commits and development updates.
Token Distribution and Governance
The token distribution includes allocations for development (30%), ecosystem growth (25%), team (20%), and public sale (25%). Team tokens are subject to a 4-year vesting period with a 1-year cliff, which helps align long-term incentives.
Business Model Analysis
The business model focuses on providing legitimate blockchain-based services for healthcare and supply chain management. There is no evidence of involvement in prohibited activities such as interest-based lending or gambling. The revenue model is based on service fees and platform usage rather than speculative mechanisms.
Crypto Impact
To assign a comfort level investing in LEMONCHAIN 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 LEMONCHAIN.
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.