Scry.info
Crypto Overview
Overview
Scry.info (DDD) is a blockchain-based platform that aims to build a decentralized data verification and exchange marketplace. The project intends to facilitate secure data transactions and verification services using blockchain technology.
Purpose and Utility
The stated purpose of DDD tokens is to serve as the native currency within the Scry.info ecosystem, used for data trading, verification services, and platform governance. Users can utilize DDD tokens to purchase verified data or participate in data verification processes.
Business Model Assessment
The core business model revolves around creating a marketplace for data exchange and verification, which aligns with halal principles as it involves the exchange of actual value (data) and services. The platform does not inherently involve any prohibited activities like gambling or interest-based lending.
Development and Adoption
Recent investigation shows minimal development activity on the project's GitHub repositories and limited updates to the platform. While this indicates reduced technical progress, it does not inherently affect its Sharia compliance status.
Token Distribution and Governance
The token distribution appears to follow standard industry practices, with no obvious red flags regarding founder allocation or vesting periods that would suggest a scheme to enrich founders.
Crypto Impact
To assign a comfort level investing in Scry.info 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 Scry.info.
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.