Lisk
Crypto Overview
Purpose and Utility
Lisk is a blockchain platform designed to enable developers to build decentralized applications (dApps) using JavaScript. The LSK token serves as the native currency of the Lisk ecosystem, used for transaction fees, staking, and governance.
Business Model
The platform's business model focuses on providing blockchain infrastructure and tools for developers. The model itself doesn't involve any inherently prohibited activities like gambling or interest-based lending. The platform emphasizes transparency through open-source code and clear documentation.
Real-World Adoption
Current usage primarily revolves around staking and governance participation. While developer activity exists, the ecosystem's adoption remains limited compared to larger blockchain platforms. The project maintains active development and regular updates to its core infrastructure.
Platform Development
Lisk demonstrates consistent development activity with regular GitHub commits and technical updates. The team continues to work on improving the platform's infrastructure and developer tools. The project has a clear roadmap and delivers regular progress updates.
Token Distribution
The token distribution shows a relatively balanced allocation between team, development fund, and public holders. The project implemented appropriate vesting schedules for team tokens to prevent dump scenarios.
Crypto Impact
To assign a comfort level investing in Lisk 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 Lisk.
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.