SoMee.Social

Halal Rating :
Comfortable
Last Price $0.0004 Last updated:
Rank 9086
1D Change -0.03 %
Market Cap -
Circulating supply 0
Maximum supply 150,000,000

Crypto Overview

Categories
  • Ethereum Ecosystem

Purpose and Utility

SoMee.Social is a blockchain-based social media platform that aims to give users control over their data and content monetization. The SOMEE token serves as the native currency within the ecosystem, used for content rewards, advertising, and governance.

Business Model Analysis

The platform operates as a decentralized social media network where users can earn rewards for their content and engagement. The business model appears to align with halal principles as it involves legitimate value exchange through content creation and social interaction.

Real-World Adoption

The platform shows limited but existing adoption, with active users posting content and engaging with the platform. While the scale is modest, there is evidence of genuine utility in content creation and sharing.

Platform Development

Development activity appears to be ongoing, with regular updates to the platform and its features. The project maintains an active GitHub repository and continues to implement new functionalities.

Token Distribution and Governance

The token distribution includes allocations for development, marketing, and community rewards. While detailed vesting schedules are not publicly available, the distribution appears to be structured to support long-term platform development rather than short-term profit-taking.

Crypto Impact

To assign a comfort level investing in SoMee.Social 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 SoMee.Social.

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