Observer
Crypto Overview
Purpose and Utility
Observer (OBSR) was created as a privacy-focused cryptocurrency that aims to provide anonymous transactions through a masternode network. The project claims to offer secure, private transactions while maintaining transparency in its governance structure.
Business Model Analysis
The core business model revolves around providing privacy-focused transaction capabilities, which is a legitimate use case in cryptocurrency. The masternode system provides network security and transaction verification, representing actual utility.
Real-World Adoption and Usage
Observer has maintained active development and a functioning network, though adoption remains limited. The masternode network continues to operate, providing actual utility through transaction processing and network security.
Platform Development
The project maintains basic development activity, with updates to core infrastructure and maintenance of the masternode network. The fundamental privacy features remain functional.
Token Distribution and Governance
The project implements a masternode governance system where OBSR holders can participate in network operations. The initial distribution included allocations for development and masternodes, with no excessive concentration among founders.
Crypto Impact
To assign a comfort level investing in Observer 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 Observer.
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.