MATH
Crypto Overview
Purpose and Utility
MATH is a multi-chain privacy protocol and infrastructure token. It aims to provide decentralized privacy solutions across multiple blockchains, enabling secure cross-chain transactions and privacy-focused DeFi applications.
Business Model Analysis
The MATH ecosystem consists of legitimate technological applications including MathWallet (a multi-chain cryptocurrency wallet), MathChain (a Layer 2 blockchain solution), and various DeFi tools. The core business model focuses on providing privacy-preserving infrastructure, which is a permissible use case under Islamic principles as it facilitates legitimate trade and transaction privacy.
Real-World Adoption
MathWallet has achieved significant adoption with millions of users across multiple blockchains. The wallet supports over 100 different blockchains and provides legitimate utility for cryptocurrency storage and transactions.
Development Activity
The project maintains active development across its various components, with regular updates to the wallet infrastructure and privacy protocols. The GitHub repositories show consistent developer activity.
Token Distribution and Vesting
The token distribution appears reasonably balanced between development, ecosystem growth, and community incentives. Vesting schedules are in place for team allocations, showing commitment to long-term development.
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.