ROA CORE

Halal Rating :
Comfortable
Last Price $0.016 Last updated:
Rank 1327
1D Change -1.08 %
Market Cap $7.54m
Circulating supply 468,000,000
Maximum supply None

Crypto Overview

Categories
  • Solana Ecosystem

Project Overview

ROA Core is a cryptocurrency project that aims to serve as a bridge between real-world assets and blockchain technology. The project claims to focus on providing infrastructure for tokenizing real-world assets and facilitating decentralized finance applications.

Purpose and Utility

The stated purpose of ROA is to serve as both a governance token for the ROA Core ecosystem and as a utility token for accessing various platform services. However, current information about actual implementation and usage is extremely limited.

Business Model Assessment

The project's business model appears to revolve around blockchain infrastructure development and asset tokenization. While these activities are inherently halal, there is very limited public information available about specific implementations or current usage.

Development Activity

Development activity appears to be minimal based on publicly available information. The project's social media presence and community engagement are also limited.

Token Distribution

Detailed information about token distribution and vesting schedules is not readily available in public sources. This lack of transparency is a concern, though not necessarily indicative of sharia non-compliance.

Technical Implementation

The project appears to be built on standard blockchain technology, with no obvious technical elements that would raise sharia compliance concerns.

Crypto Impact

To assign a comfort level investing in ROA CORE 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 ROA CORE.

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.