Pesabase
Crypto Overview
Overview
Pesabase is a cryptocurrency project focused on building a payments and remittance platform for Africa. The PESA token is intended to facilitate cross-border transactions and serve as a medium of exchange within the Pesabase ecosystem.
Purpose and Utility
The stated purpose of Pesabase is to provide a blockchain-based solution for remittances and payments in Africa, with the PESA token serving as the native currency for these transactions. However, there is very limited publicly available information about the current state of development or actual usage of the platform.
Business Model Analysis
The core business model appears to be focused on facilitating legitimate payment services, which aligns with Islamic principles. There is no evidence of the project being involved in prohibited activities like gambling, interest-based lending, or adult content.
Development and Adoption
Information about current development activity and real-world adoption is extremely limited. While the project maintains some social media presence, there is insufficient public data to verify the extent of actual platform usage or ongoing development efforts.
Token Distribution
Detailed information about token distribution, vesting schedules, and current holder statistics is not readily available through public sources, making it difficult to assess the concentration of token ownership.
Crypto Impact
To assign a comfort level investing in Pesabase 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 Pesabase.
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.