Ramifi Protocol

Halal Rating :
Comfortable
Last Price $0.024 Last updated:
Rank 5546
1D Change 56.85 %
Market Cap -
Circulating supply 0
Maximum supply 7,213,000

Crypto Overview

Overview

Ramifi Protocol (RAM) is a recently launched cryptocurrency project that aims to serve as a digital asset within a decentralized platform focused on gaming and NFT utilities. The protocol operates on the Solana blockchain.

Purpose and Utility

The stated purpose of RAM is to serve as the native token for the Ramifi ecosystem, facilitating transactions within their gaming platform and NFT marketplace. The token is designed to enable users to participate in various platform activities, including gaming, NFT trading, and ecosystem governance.

Current Usage

At present, RAM is primarily traded on decentralized exchanges. While the gaming and NFT functionalities are still in development, the token has achieved listings on several major exchanges and maintains active trading volumes.

Development Activity

The project maintains an active development team with regular updates to their GitHub repository. The roadmap indicates ongoing work on their gaming platform and NFT marketplace features.

Token Distribution

The token distribution includes vesting periods for team allocations and early investors, with public sale participants receiving immediate access to their tokens. A significant portion is allocated for ecosystem development and community rewards.

Crypto Impact

To assign a comfort level investing in Ramifi 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 Ramifi Protocol.

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