OAX

Halal Rating :
Comfortable
Last Price $0.23 Last updated:
Rank 953
1D Change -1.89 %
Market Cap $17.41m
Circulating supply 77,034,446
Maximum supply None

Crypto Overview

Categories
  • Marketplace
  • Substrate
  • Polkadot
  • Polkadot Ecosystem
  • Kenetic Capital Portfolio

OAX is an ERC20 token developed to fuel an open-source decentralized exchange platform “openANX” which provides an aggregated order book to increase liquidity; holds collateral for asset gateways to reduce credit risk; and features an off-chain, predetermined dispute resolution system governed by the Decentralized Autonomous Organization(DAO) to maximize consumer protection.

Crypto Impact

To assign a comfort level investing in OAX 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 OAX.

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.

Justification for our Halal Rating