Shiden Network

Halal Rating :
Comfortable
Last Price $0.21 Last updated:
Rank 1003
1D Change -5.58 %
Market Cap $13.92m
Circulating supply 65,051,811
Maximum supply None

Crypto Overview

Categories
  • Interoperability
  • Smart Contracts
  • Polkadot Ecosystem

Shiden Network is a multi-chain decentralized application layer on Kusama Network. Kusama Relaychain does not support smart contract functionality by design - Kusama Network needs a smart contract layer. This is where Shiden Network comes in. Shiden supports Ethereum Virtual Machine, WebAssembly, and Layer2 solutions from day one. The platform supports various applications like DeFi, NFTs and more.

Crypto Impact

To assign a comfort level investing in Shiden Network 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 Shiden Network.

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.

Justification for our Halal Rating