ONUS
Crypto Overview
Overview
ONUS is a cryptocurrency project based in Vietnam that operates as a payment and investment application. The ONUS token serves as the native utility token of the ONUS platform, which includes a cryptocurrency exchange and digital wallet services.
Purpose and Utility
The stated purpose of ONUS is to serve as a utility token within the ONUS ecosystem, providing trading fee discounts on their exchange platform and access to various services. The token is primarily used for its intended purposes within the ONUS platform.
Business Model Evaluation
The ONUS platform operates as a centralized cryptocurrency exchange and digital wallet provider. Their business model appears transparent and focuses on legitimate exchange services. The platform does not directly engage in interest-based lending or gambling activities.
Real-World Adoption
The platform has gained significant adoption in Vietnam and some parts of Southeast Asia. The ONUS token is actively traded on their native exchange and has demonstrated consistent usage for its intended purposes.
Development Activity
The project maintains regular development updates and platform improvements. The team appears to be actively working on expanding services and improving the platform's functionality.
Token Distribution and Governance
The token distribution includes allocations for the team, development, and platform operations. While specific vesting details are not fully public, there have been no notable concerns about founder enrichment schemes.
Crypto Impact
To assign a comfort level investing in ONUS 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 ONUS.
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.