Operation Phoenix

Halal Rating :
Comfortable
Contract: 0x59803e5fe213d4b22fb9b061c4c89e716a1ca760
Last Price $0.00014 Last updated:
Rank 2938
1D Change 0.00 %
Market Cap $11,801
Circulating supply 84,958,763
Maximum supply 100,000,000

Crypto Overview

Categories
  • BNB Smart Chain

Overview

Operation Phoenix ($OPHX) is a cryptocurrency project built on the Binance Smart Chain (BSC) that aims to create a sustainable ecosystem focused on investment education and wealth building through various DeFi mechanisms.

Purpose and Utility

The project's stated purpose is to provide a platform for sustainable wealth building through a combination of token mechanics and educational resources. The token incorporates auto-liquidity protocols and reflection mechanisms that distribute a portion of transaction fees back to holders.

Business Model Analysis

The core business model revolves around creating a self-sustaining ecosystem where transaction fees are distributed among token holders, liquidity pools, and project development. The project does not involve interest-bearing loans or explicit gambling mechanisms.

Real-World Adoption

The project currently shows active trading on decentralized exchanges and maintains regular community engagement through social media channels. While adoption is still in early stages, this does not impact its Sharia compliance assessment.

Development Activity

The project maintains regular updates to its platform and community engagement, though specific technical development milestones are not extensively documented in public repositories.

Token Distribution

The token distribution appears to have anti-whale mechanisms in place to prevent large holders from manipulating the market. Specific founder wallet allocations and vesting schedules are publicly available through blockchain explorers.

Rating Justification

Member Vote

Agree: 0 Disagree: 0

Login to vote on this

Comments