Rally

Halal Rating :
Questionable
Last Price $0.01 Last updated:
Rank 628
1D Change -3.14 %
Market Cap $51.96m
Circulating supply 5,194,129,171
Maximum supply None

Crypto Overview

Categories
  • Yield Farming
  • Social Token
  • Social Money
  • Coinbase Ventures Portfolio
  • Kenetic Capital Portfolio
  • LedgerPrime Portfolio
  • a16z Portfolio
  • SEC Security Token

The RLY token is an ERC-20 native token that powers the RLY Network. RLY is multi-chain and can also be obtained on other blockchains through official bridges and canonical swaps maintained by the RLY Network Association. RLY is utilized by consumer applications to enable a token economy in order to drive growth, adopt community, and reward engagement. RLY Network is an ecosystem of consumer apps powered by RLY Protocol, a token-enabled software suite for developers that facilitates token launching, instant pricing, immediate liquidity, and the opportunity to earn weekly RLY Rewards. RLY Protocol is managed by the RLY Network Association, a Swiss-based non-profit. Learn more at rly.network.

Crypto Impact

To assign a comfort level investing in Rally 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 Rally.

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.

Justification for our Halal Rating