Marlin
Crypto Overview
Project Overview
Marlin Protocol is a layer-0 blockchain infrastructure project launched in 2019 that aims to solve network performance and scalability issues in blockchain networks. The POND token serves as a utility and governance token within the Marlin ecosystem.
Intended Utility
The primary purpose of Marlin is to provide high-performance networking infrastructure for blockchain networks through its network of nodes. POND tokens are used to incentivize node operators, participate in governance, and access network services.
Actual Utility & Implementation
The project has demonstrated real utility through partnerships with major blockchain networks including Polygon, Ethereum, and Binance Smart Chain. Node operators are actively using POND tokens for staking and network participation. The development team maintains regular updates and improvements to the protocol.
Token Distribution & Governance
The total supply of POND is 3.98 billion tokens. The distribution includes allocations for team (15%), advisors (5%), private sale (30%), public sale (5%), ecosystem growth (25%), and network rewards (20%). Team tokens have a vesting schedule of 2 years with a 6-month cliff.
Revenue Model
Marlin's revenue model is based on network fees paid by users for accessing enhanced network performance and relay services. Node operators earn rewards in POND tokens for providing network infrastructure. The model does not involve interest-bearing mechanisms or lending.
Development Activity
The project maintains active development on GitHub with regular commits and updates. The team regularly publishes technical updates and maintains transparency about development progress.
Crypto Impact
To assign a comfort level investing in Marlin 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 Marlin.
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.
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