Pullix
Crypto Overview
Overview
Pullix is a hybrid cryptocurrency exchange platform currently in development that aims to combine features of both centralized (CEX) and decentralized exchanges (DEX). The PLX token is its native utility token designed to provide governance rights and various benefits within the Pullix ecosystem.
Purpose and Utility
The primary stated purposes of PLX token include: Governance rights for platform decisions, Fee reductions on trades, Revenue sharing from platform fees, Staking rewards, and Access to exclusive features.
Business Model Evaluation
The platform's core business involves facilitating cryptocurrency trading, which involves genuine asset exchange. The revenue-sharing model appears to be based on actual trading fees rather than interest-based income. While staking is mentioned, it appears to be focused on network security rather than lending.
Development and Adoption
The project is currently in its early stages with token presale ongoing. The development team is actively working on the platform infrastructure, though the exchange is not yet operational. Technical documentation and roadmap indicate planned features including spot trading, derivatives, and DeFi integration.
Token Distribution
Total supply is set at 100 million PLX tokens. The distribution includes allocations for presale, liquidity, team, marketing, and development. Team tokens reportedly have vesting schedules to prevent immediate selling.
Crypto Impact
To assign a comfort level investing in Pullix 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 Pullix.
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.