Oxbull.tech
Crypto Overview
Project Overview
OXBull.Tech is a cryptocurrency project that aims to serve as a launchpad for new blockchain projects and provide a platform for decentralized token launches. The platform claims to help facilitate Initial DEX Offerings (IDOs) and provide early access to new cryptocurrency projects.
Utility Assessment
The primary utility of OXB tokens includes governance rights within the OXBull ecosystem and access to token launch opportunities. Token holders can participate in the platform's IDO launches and vote on protocol decisions.
Business Model Analysis
The platform operates as a decentralized launchpad, which in principle aligns with Islamic finance as it facilitates direct exchange of assets and provides a service. The model does not inherently involve riba or gambling mechanics.
Development and Adoption
Current development activity appears minimal, with limited recent updates to the platform. While the project maintains basic operational functionality, engagement metrics suggest reduced activity compared to its initial launch period.
Token Distribution
Token distribution information shows a relatively standard allocation structure, with portions reserved for the team, development, and public sale. Specific vesting schedules are in place for team allocations.
Crypto Impact
To assign a comfort level investing in Oxbull.tech 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 Oxbull.tech.
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.