PAC Protocol
Crypto Overview
Overview
PAC Protocol was a cryptocurrency project that underwent several rebrands and changes since its inception. Originally launched as PACcoin, it later became PAC Protocol with aims to provide payment solutions and blockchain services.
Utility Assessment
The project claimed to offer a governance system, masternode infrastructure, and decentralized storage solutions. However, as of 2024, the project appears to be largely inactive with minimal development activity and community engagement.
Development and Adoption
Current analysis shows very limited recent development activity on the project's GitHub repositories. The official website is no longer accessible, and social media channels show minimal to no recent activity.
Token Distribution
Due to the project's current state, accurate information about token distribution and current governance structure is not readily available.
Current Status
The project appears to be effectively abandoned, with trading volumes near zero on the few exchanges where it remains listed. While historical documentation suggests the initial intent was to create legitimate utility, the current state indicates the project is no longer actively maintained or developed.
Crypto Impact
To assign a comfort level investing in PAC Protocol 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 PAC Protocol.
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.