SEOR Network

Overview

SEOR Network positions itself as a Layer-1 blockchain platform focused on providing infrastructure for Web3 applications and DeFi services. The platform utilizes a Proof of Stake consensus mechanism and claims to offer high throughput and low transaction costs.

Purpose and Utility

The SEOR token serves multiple functions within the ecosystem: It acts as the native currency for transaction fees, enables participation in network governance, and can be staked to secure the network through the Proof of Stake mechanism.

Business Model Analysis

The core business model revolves around providing blockchain infrastructure services, which is inherently halal as it involves creating and exchanging real value through technology services. The platform's focus on DeFi services requires careful consideration, though the base infrastructure itself does not inherently violate Islamic principles.

Development and Adoption

The project shows regular development activity on their GitHub repository, indicating ongoing technical progress. However, adoption metrics and real-world usage data are currently limited, making it difficult to fully assess the extent of practical implementation.

Token Distribution

The token distribution includes allocations for development, ecosystem growth, and team members. While specific vesting details are not publicly available, the distribution structure appears designed to support long-term project development rather than short-term profit-taking.