NMKR
Crypto Overview
Project Overview
NMKR (formerly NFT-MAKER) is a Cardano-based infrastructure project that provides tools and services for creating and managing NFTs and tokens on the Cardano blockchain. The NMKR token serves as a utility token within their ecosystem, used for accessing services, governance, and fee payments.
Intended Purpose
The NMKR token is designed to facilitate transactions within the NMKR ecosystem, including: Payment for NFT minting services, Access to premium features, Governance participation for protocol decisions, Fee reductions for platform services.
Business Model Analysis
The project generates revenue through legitimate business activities, primarily through their NFT infrastructure services. Their business model appears transparent and focuses on providing real technological value. The core activities involve NFT creation, management, and marketplace tools - all of which are permissible activities under Islamic principles as they involve the exchange of real digital assets and utilities.
Real-World Adoption
NMKR has established partnerships with notable entities in the Cardano ecosystem and serves as an infrastructure provider for NFT projects. The platform has processed significant NFT minting operations, demonstrating actual utility and adoption.
Token Distribution and Governance
The token distribution includes allocations for development, marketing, and ecosystem growth. While detailed vesting schedules are implemented, the focus appears to be on long-term ecosystem development rather than short-term price appreciation.
Crypto Impact
To assign a comfort level investing in NMKR 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 NMKR.
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.