Oasis
Crypto Overview
Understanding the Intended Utility
The Oasis Network (ROSE) is a layer-1 blockchain platform designed to enable privacy-preserving smart contracts and decentralized applications. Its primary purpose is to provide confidential compute capability alongside blockchain transparency, particularly focused on data tokenization and private DeFi applications.
Business Model Analysis
The core business model revolves around three main components: The consensus layer (proof-of-stake consensus mechanism), The ParaTime layer (parallel runtime environments), and the ROSE token (used for staking, governance, and transaction fees). The platform emphasizes data privacy and confidentiality while maintaining transparency in transactions.
Actual Utility Assessment
Current adoption metrics show growing ecosystem development with multiple DApps deployed. Notable partnerships include Meta (formerly Facebook) for privacy-preserving machine learning. The network processes approximately 300,000 transactions daily, indicating moderate but steady usage. Developer activity remains consistent, with regular GitHub commits and protocol upgrades.
Token Distribution Analysis
Initial token distribution: 23% to core contributors and foundation (2-4 year vesting), 35% to ecosystem development, 18.5% to community/future contributors, 23.5% to investors (with vesting schedules). Current circulating supply is approximately 70% of total supply. Vesting schedules are transparent and publicly verifiable.
Technology and Revenue Model
The revenue model is based on transaction fees and network participation through staking, which follows Islamic principles as it represents actual work and network security provision. The staking mechanism involves direct participation in network validation rather than interest-bearing loans.
Crypto Impact
To assign a comfort level investing in Oasis 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 Oasis.
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.