Shentu

Overview

Shentu (CTK) is a security-focused blockchain platform that aims to provide security infrastructure and services for the broader blockchain ecosystem. The project's main utility revolves around security auditing, certification, and protection of blockchain networks and smart contracts.

Purpose and Utility

The primary purposes of CTK token include: Governance of the Shentu network, Staking to secure the network through delegated proof of stake (DPoS), Payment for security services and audits on the platform, Access to the Security Oracle network.

Business Model Analysis

The business model focuses on providing legitimate security services to blockchain projects. This includes smart contract auditing, security certification, and continuous monitoring of blockchain networks for vulnerabilities. These activities align with halal principles as they provide real value and utility in protecting assets and preventing fraud.

Real-World Adoption

Shentu has established partnerships with various blockchain projects and provides ongoing security services. The platform maintains active security monitoring and certification services, demonstrating practical utility beyond mere token trading.

Development Activity

The project maintains active development with regular updates to its security infrastructure and tools. The team continues to enhance the platform's security features and expand its service offerings.

Token Distribution and Governance

The token distribution includes allocations for security mining, ecosystem development, and community incentives. The project implements a fair governance system where token holders can participate in decision-making regarding protocol updates and security measures.