MoonDAO
Crypto Overview
Overview
MoonDAO is a decentralized autonomous organization (DAO) launched in 2021 with the stated mission of decentralizing access to space exploration and research. The project aims to create a community-driven space program that allows token holders to participate in space-related initiatives.
Purpose and Utility
The MOONEY token serves as a governance token for the MoonDAO ecosystem, allowing holders to vote on proposals and directions for the organization's space initiatives. The project has demonstrated some real-world utility by successfully sending members to space through a partnership with Blue Origin and funding space-related research projects.
Business Model
The project operates through community governance and focuses on funding space-related initiatives. Their activities include: funding space research, coordinating with space companies for launches, and developing space-related technologies. The business model does not involve any inherently haram activities like interest-based lending or gambling.
Real-World Adoption
MoonDAO has achieved notable milestones, including sending two community members to space and establishing partnerships with space industry players. The project maintains active governance participation and continues to fund space-related initiatives.
Token Distribution
The token distribution appears relatively fair, with no concerning concentration in founder wallets. The project implemented vesting schedules for early contributors and team members, showing commitment to long-term development.
Crypto Impact
To assign a comfort level investing in MoonDAO 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 MoonDAO.
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.