PIBBLE

Halal Rating :
Comfortable
Last Price $0.00058 Last updated:
Rank 1086
1D Change -5.74 %
Market Cap $14.02m
Circulating supply 24,150,500,893
Maximum supply None

Crypto Overview

Categories
  • AI & Big Data
  • Ethereum Ecosystem
  • Klaytn Ecosystem

Project Overview

PIBBLE is a blockchain-based platform that aims to create an image ecosystem where users can share, trade, and monetize digital images and related content. The project was launched with the goal of creating a decentralized image marketplace powered by its native PIB token.

Purpose and Utility

The intended purpose of PIBBLE is to serve as a utility token within its ecosystem for: image rights trading, content creator rewards, governance participation, and payment for platform services. The project emphasizes creating a fair compensation system for content creators.

Business Model Analysis

The business model appears to focus on legitimate content creation and digital asset exchange, without any apparent involvement in prohibited activities like gambling, interest-based lending, or adult content. The platform's core activities align with halal principles of fair trade and transparent value exchange.

Current Usage and Adoption

Recent analysis shows limited current adoption of the platform's intended use cases. While the token is primarily traded on cryptocurrency exchanges, this does not affect its sharia compliance as trading represents legitimate ownership transfer of digital assets.

Development Activity

Development activity appears to be ongoing, though at a modest pace. The project maintains basic technical updates and platform maintenance.

Crypto Impact

To assign a comfort level investing in PIBBLE 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 PIBBLE.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

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Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

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