MobiFi

Halal Rating :
Comfortable
Last Price $0.0021 Last updated:
Rank 9731
1D Change 0.00 %
Market Cap -
Circulating supply 0
Maximum supply 150,000,000

Crypto Overview

Categories
  • Ethereum Ecosystem
  • Exnetwork Capital Portfolio
  • Trustswap Launchpad

Overview

MobiFi (MoFi) is a blockchain-based platform designed to incentivize sustainable mobility and transportation choices. The project aims to reward users for making environmentally conscious transportation decisions through its cryptocurrency token.

Purpose and Utility

The primary purpose of MoFi is to serve as both a utility and governance token within the MobiFi ecosystem. Users can earn tokens for choosing sustainable transportation options, and these tokens can be used for various mobility-related services and for participating in the platform's governance decisions.

Business Model Analysis

The business model appears to be based on legitimate utility creation through incentivizing sustainable transportation choices. The platform partners with mobility service providers and allows users to earn and spend tokens for real-world transportation services.

Platform Development and Adoption

The project shows ongoing development activity, though adoption remains in early stages. The team maintains regular updates to their platform and has established partnerships with several mobility service providers.

Token Distribution

The token distribution appears reasonable with vesting periods for team members and early investors. No concerning concentration of tokens has been identified in founder or early investor wallets.

Crypto Impact

To assign a comfort level investing in MobiFi 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 MobiFi.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

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Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

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