Minima

Halal Rating :
Comfortable
Last Price $0.016 Last updated:
Rank 4778
1D Change -3.79 %
Market Cap -
Circulating supply 0
Maximum supply 1,000,000,000

Crypto Overview

Overview

Minima is a blockchain project that aims to be a truly decentralized Layer 1 protocol where every user runs a complete node. The project's main utility is to provide a mobile-first blockchain infrastructure where users can participate in network validation directly from their smartphones.

Purpose and Utility

Minima's primary purpose is to enable a fully decentralized network where every user is also a validator, eliminating the traditional divide between users and miners/validators. The MINIMA token serves as the native currency of the network and is used for transaction fees and network operations.

Business Model

The project focuses on maximizing decentralization through mobile-first architecture. There are no prohibited activities in its core protocol - it serves as a basic infrastructure layer for value transfer and decentralized applications.

Development Activity

The project shows active development with regular GitHub commits and technical updates. The team maintains transparency about their progress through detailed documentation and community updates.

Token Distribution

The token distribution appears to be relatively fair, with no excessive concentration among founders or early investors. The project implemented gradual token unlocks to prevent sudden selling pressure.

Current Usage

While still in early stages, the network has achieved significant adoption for its node-running program, with users operating nodes via mobile devices. The primary use case remains network validation and value transfer.

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