Safe Haven
Crypto Overview
Overview
Safe Haven (SHA) is a cryptocurrency project that aims to provide digital inheritance and asset distribution solutions on the blockchain. The platform's main purpose is to enable secure digital asset succession and management through smart contracts.
Purpose and Utility
The primary intended use of SHA tokens is to facilitate and power Safe Haven's inheritance and asset distribution platform. The token is used for platform fees, staking for TAN nodes (Trust Alliance Network), and governance. Users can utilize SHA tokens to access various inheritance solutions like SafeKey, SafeWill, and SafeGuard.
Business Model Analysis
The business model focuses on providing transparent, blockchain-based inheritance solutions, which aligns with Islamic principles of wealth transfer and succession planning. The platform does not involve interest-bearing products or gambling mechanisms.
Real-World Adoption
The project has established partnerships with VeChain and has developed working products including ThorPay and SafeKey. While adoption remains limited, the project continues to develop its core inheritance solutions.
Platform Development
Development activity is ongoing, with regular updates to the platform's infrastructure and products. The team maintains active GitHub repositories and provides regular community updates.
Token Distribution
The token distribution includes allocations for development, team, and community incentives. Vesting schedules are in place for team tokens to prevent immediate selling.
Crypto Impact
To assign a comfort level investing in Safe Haven 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 Haven.
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.