Safe Energy
Crypto Overview
Project Overview
Safe Energy (EnergyX) is a BEP-20 token launched on the Binance Smart Chain. The project claims to promote the use of renewable energy through cryptocurrency technology.
Purpose and Utility
The stated purpose of Safe Energy is to create a community-driven token that supports renewable energy initiatives. The token includes a redistribution mechanism where a portion of each transaction is distributed among holders.
Business Model Analysis
The project's current utility appears primarily focused on trading and token redistribution mechanics. While the whitepaper mentions renewable energy initiatives, there is limited evidence of concrete partnerships or implementations in the renewable energy sector.
Real-World Adoption
The token shows active trading on decentralized exchanges. However, adoption for its stated renewable energy purposes appears minimal at this stage.
Development Activity
The project maintains basic token functionality on the Binance Smart Chain. Development activity appears focused on maintaining the token's core features rather than expanding renewable energy applications.
Token Distribution
The token employs an automatic liquidity generation mechanism and holder redistribution system. Initial token distribution information and founder holdings are not clearly documented in public sources.
Crypto Impact
To assign a comfort level investing in Safe Energy 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 Safe Energy.
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.