Shadow Node

Project Overview

Shadow Node (SVPN) is a cryptocurrency project focused on providing decentralized Virtual Private Network (VPN) services. The project aims to create a network where users can operate nodes to provide VPN services and earn SVPN tokens as rewards.

Intended Utility

The primary utility of SVPN is to facilitate payments within the Shadow Node VPN ecosystem. Users spend SVPN tokens to access VPN services, while node operators earn tokens for providing bandwidth and maintaining network infrastructure.

Business Model Analysis

The business model centers around providing privacy-focused VPN services through a decentralized network. This core functionality aligns with halal principles as it provides a legitimate service (privacy protection) without involving prohibited activities.

Development and Adoption

The project maintains active development with regular updates to its core infrastructure. The team has demonstrated consistent progress in building out the VPN network and node implementation tools. While adoption is still in early stages, there is evidence of growing network usage and increasing number of active nodes.

Token Distribution

Token distribution appears reasonable with allocations for network development, node operators, and ecosystem growth. The project implements vesting schedules for team tokens, indicating a long-term commitment to the project's success.