Skrumble Network

Halal Rating :
Comfortable
Last Price $0.000072 Last updated:
Rank 8299
1D Change -11.17 %
Market Cap -
Circulating supply 0
Maximum supply None

Crypto Overview

Categories
  • Ethereum Ecosystem

Project Overview

Skrumble Network (SKM) was launched in 2018 as a blockchain-based decentralized communication protocol designed to provide secure messaging and communication services. The project aimed to create a decentralized infrastructure for communication applications, with features like secure messaging, file sharing, and video calls.

Utility Assessment

The SKM token was intended to be used as a utility token within the Skrumble Network ecosystem, primarily for accessing communication services and as a means of payment for premium features. However, current research indicates extremely limited development activity and virtually no observable real-world adoption of the intended use cases.

Platform Analysis

The project's development appears to have stagnated, with minimal recent updates to their technology stack or ecosystem. The official website is no longer accessible, and there is no evidence of active development on their GitHub repositories.

Token Distribution and Governance

While historical data shows an initial token distribution plan with vesting periods for team members, current information about token holdings and distribution is unclear due to the project's apparent inactivity.

Crypto Impact

To assign a comfort level investing in Skrumble 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 Skrumble 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”.

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