Moss Coin

Halal Rating :
Comfortable
Last Price $0.11 Last updated:
Rank 682
1D Change -3.64 %
Market Cap $47.48m
Circulating supply 423,489,688
Maximum supply 500,000,000

Crypto Overview

Categories
  • Ethereum Ecosystem

Overview

Moss Coin (MOC) is a cryptocurrency created to serve as a utility token within the MOSS ecosystem, which focuses on environmental conservation through carbon credit trading. The platform allows users to tokenize carbon credits and facilitate environmental preservation initiatives.

Purpose and Utility

The primary purpose of MOC is to serve as a governance and utility token within the MOSS platform. Token holders can participate in platform governance decisions and use MOC for transactions related to carbon credit trading.

Business Model Analysis

The business model revolves around facilitating carbon credit trading and environmental conservation initiatives. This core function aligns with Islamic principles of environmental stewardship and ethical commerce. The platform does not engage in interest-bearing activities or prohibited industries.

Real-World Adoption

MOSS has established partnerships with various environmental organizations and has facilitated the trading of significant volumes of carbon credits. The platform demonstrates actual utility in environmental conservation efforts.

Development Activity

The project maintains regular development updates and platform improvements. The team continues to expand the ecosystem's functionality and partnerships.

Token Distribution

The token distribution appears reasonable, with mechanisms in place to prevent excessive concentration of tokens. While founder allocations exist, they are subject to vesting periods that align with industry standards.

Crypto Impact

To assign a comfort level investing in Moss Coin 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 Moss Coin.

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.