Omchain
Crypto Overview
Project Overview
Omchain (OMC) is a blockchain project that aims to create a decentralized platform focused on supply chain management and traceability in the halal food industry. The platform's stated goal is to enable transparent tracking of halal products from source to consumer.
Utility Analysis
The OMC token serves as the native utility token of the Omchain ecosystem, used for: Paying transaction fees on the network, Incentivizing validators and node operators, Governance participation for protocol decisions.
Business Model Evaluation
The project's business model appears to focus on legitimate use cases within the halal supply chain industry. There is no evidence of involvement in prohibited activities like gambling, interest-based lending, or adult content.
Development and Adoption
Current development activity appears to be limited, with minimal recent GitHub commits or technical updates. Real-world adoption and partnerships within the halal industry are not well documented.
Token Distribution
Based on available data, the token distribution shows: 30% allocated to the team and advisors with a 2-year vesting period, 40% for public sale, 20% for ecosystem development, 10% for marketing and partnerships.
Crypto Impact
To assign a comfort level investing in Omchain 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 Omchain.
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.