Manna
Crypto Overview
Overview
Manna (MANNA) is a cryptocurrency project that emerged from People's Currency Foundation, initially launched as Grantcoin in 2015 and rebranded to Manna in 2017. The project aims to create a universal basic income (UBI) distribution system through cryptocurrency.
Purpose and Utility
The primary stated purpose of Manna is to provide a basic income to registered users through regular cryptocurrency distributions. The platform operates by distributing weekly amounts of MANNA tokens to registered users, aiming to create a more equitable economic system.
Business Model Analysis
The business model involves creating a decentralized system for distributing basic income. The project doesn't involve interest-bearing mechanisms, gambling, or other prohibited activities. The distribution model is based on charitable principles, aligning with Islamic values of wealth distribution and social welfare.
Real-World Adoption
Current adoption appears limited. While the project maintains its distribution system, the ecosystem shows minimal commercial adoption or significant real-world applications beyond the basic income distribution use case.
Platform Development
Development activity appears modest but consistent with maintaining the basic functionalities of the platform. The project continues to operate its core UBI distribution system.
Crypto Impact
To assign a comfort level investing in Manna 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 Manna.
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.