Smart Block Chain City
Crypto Overview
Purpose and Utility
SBCC (Smart Block Chain City) is a cryptocurrency project that claims to be focused on developing smart cities and blockchain technology integration into urban development. The project states its purpose is to create a blockchain-based ecosystem for smart city development and management.
Business Model Evaluation
The project's stated business model involves creating infrastructure for smart cities using blockchain technology. While the concept itself doesn't inherently conflict with Islamic principles, there is very limited information available about actual implementation and real-world usage.
Development and Platform Activity
Research shows minimal verifiable development activity. The project's technical documentation and roadmap are vague, and there is limited evidence of substantial progress toward stated goals.
Token Distribution and Governance
Information about token distribution and governance structure is not readily available, making it difficult to assess the fairness and transparency of the project's economic model.
Real-World Implementation
Despite claims about smart city development, there is no substantial evidence of real-world implementation or partnerships with legitimate urban development entities.
Marketing and Communication
The project's marketing materials focus heavily on price appreciation potential rather than technological development or actual utility implementation.
Crypto Impact
To assign a comfort level investing in Smart Block Chain City 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 Smart Block Chain City.
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.