Seele-N
Crypto Overview
Purpose and Utility
Seele-N was originally launched as a blockchain platform focused on providing high-performance computing and cross-chain interoperability solutions. However, current information about the project's active development and real-world usage is extremely limited.
Business Model Evaluation
The project's initial business model centered around providing blockchain infrastructure and facilitating cross-chain transactions. While these intended use cases would be permissible under Islamic principles, there is insufficient recent information to verify if these use cases are still being actively developed or implemented.
Development Activity and Adoption
Current development activity appears minimal, with limited recent updates to the project's codebase or documentation. The project's official channels and community engagement show little recent activity.
Token Distribution and Governance
Information about current token distribution and governance mechanisms is not readily available from verifiable sources. The lack of transparency regarding token allocation and project governance raises concerns.
Current Usage
The token primarily exists on cryptocurrency exchanges, with limited evidence of actual utility implementation beyond trading activity.
Crypto Impact
To assign a comfort level investing in Seele-N 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 Seele-N.
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.