P2P Solutions foundation
Crypto Overview
Purpose and Utility
P2P Solutions Foundation (P2PS) is a cryptocurrency token designed to facilitate secure, interference-free digital communications and transactions within specific system networks. The token claims to be used for accessing their secure, peer-to-peer communication platform primarily in sectors like education, medical, banking, and defense.
Business Model Analysis
The business model appears to focus on providing a secure communication network, which aligns with halal principles as it provides a legitimate utility in facilitating secure communications. There is no evidence of involvement in prohibited activities like gambling, interest-based lending, or adult content.
Real-World Adoption
Current real-world adoption appears limited. While the project maintains some development activity, concrete evidence of widespread implementation in the claimed sectors (education, medical, banking, defense) is minimal.
Platform Development
The project shows some ongoing development activity, though at a modest pace. The team maintains regular updates to their platform, indicating continued work on the promised technology.
Token Distribution and Governance
Token distribution information suggests a relatively concentrated holding pattern, with significant portions held by the development team and early investors. The project implements standard vesting periods for team allocations.
Crypto Impact
To assign a comfort level investing in P2P Solutions foundation 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 P2P Solutions foundation.
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.