MoonVault
Crypto Overview
Overview
MoonVault (VAULT) is a cryptocurrency token that appears to have been launched previously but I am unable to find current, reliable information about its status, purpose, or technical specifications. Major cryptocurrency data aggregators and blockchain explorers do not show active trading or development activity for this token.
Purpose and Utility Assessment
Due to the lack of available current information, I cannot accurately assess: The stated purpose and actual utility of the token, The business model and revenue generation approach, Current adoption metrics or usage statistics, Development activity and team status, or Token distribution and vesting details.
Key Findings
The absence of reliable, current information about basic aspects of this cryptocurrency project makes it impossible to properly evaluate its alignment with Islamic financial principles or verify its legitimacy as an investment vehicle. I cannot determine if it provides legitimate utility or facilitates prohibited activities.
Crypto Impact
To assign a comfort level investing in MoonVault 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 MoonVault.
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.