MATH

Halal Rating :
Comfortable
Last Price $0.24 Last updated:
Rank 849
1D Change -8.83 %
Market Cap $27.61m
Circulating supply 114,356,164
Maximum supply None

Crypto Overview

Categories
  • Cosmos Ecosystem
  • Wallet
  • Polkadot Ecosystem
  • Polygon Ecosystem
  • Arbitrum Ecosystem
  • Injective Ecosystem
  • BNB Chain

Overview

MATH is a project that serves as a digital asset management platform and wallet infrastructure provider. The MATH token is the native utility token of the MATH ecosystem.

Intended Utility

The MATH token is designed to serve multiple purposes within the MATH ecosystem: governance rights for protocol decisions, staking rewards for securing the network, and payment for services within the MATH wallet platform.

Actual Utility & Adoption

The MATH wallet has achieved significant adoption, with over 2 million users globally. The platform supports multiple blockchains and provides DeFi services, crypto management tools, and cross-chain capabilities. There is evidence of active development and regular platform updates.

Token Distribution & Governance

The token distribution appears reasonably balanced with both public and private sale allocations. Team tokens have vesting schedules to prevent immediate dumps. The project maintains transparency in its operations and development progress.

Technology & Revenue Model

The platform generates revenue through legitimate means including transaction fees and platform services. While staking is available, it operates on a profit-sharing model rather than interest-based mechanisms, making it compatible with Islamic finance principles.

Prohibited Activities Assessment

The platform does not facilitate or promote any activities that would be considered haram. The focus is on legitimate cryptocurrency management and blockchain infrastructure services.

Crypto Impact

To assign a comfort level investing in MATH 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 MATH.

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.