Metis

Halal Rating :
Uncomfortable
Last Price $62.07 Last updated:
Rank 186
1D Change 1.72 %
Market Cap $350.99m
Circulating supply 5,654,334
Maximum supply None

Crypto Overview

Categories
  • Zero Knowledge Proofs
  • Scaling
  • Layer 2
  • Rollups
  • OKEx Blockdream Ventures Portfolio
  • MetisDAO Ecosystem

Based on the spirit of Optimistic Rollup, Metis is building an easy-to-use, highly scalable, low-cost, and fully functional Layer 2 framework (Metis Rollup) to fully support the application and business migration from Web 2.0 to Web 3.0. Its scalable protocol supports a wide range of use cases including yield farming, DEX trading, and powering the gig economy via DApps that offer cheap and fast micropayments. Metis integrates the Decentralized Autonomous Company (DAC) framework within its Layer 2 infrastructure, a differentiating factor that makes it easy for any developers, builders, or community leaders to build their applications and communities. It also makes it easy to use pre-set tools to facilitate their development, manage collaboration, and enjoy the network effects of the world's largest decentralized finance ecosystem, without the costs and bottlenecks normally associated with Ethereum. Metis’ goal is to make building dApps and DACs on its platform so easy to do, even total blockchain novices can make it happen in a matter of minutes.

Crypto Impact

To assign a comfort level investing in Metis 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 Metis.

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.

Justification for our Halal Rating