Standard
Crypto Overview
Overview
Standard (STND) is a cryptocurrency that appears to be associated with Standard Protocol, which aims to be a Collateralized Rebasable Stablecoin (CRS) protocol built on the Cosmos network.
Purpose and Utility
The project's intended purpose is to provide a stablecoin system that maintains price stability through collateralization and algorithmic rebase mechanisms. However, there is extremely limited information available about this project's current status, development activity, or real-world adoption.
Business Model Analysis
Due to the severe lack of reliable, current information about this project, it is impossible to properly evaluate its business model, token distribution, or actual usage. Multiple attempts to locate official documentation, recent development updates, or verifiable on-chain activity have been unsuccessful.
Development Activity and Adoption
There appears to be minimal to no visible development activity that can be verified through public sources. The project's social media presence and development repositories show little to no recent activity.
Token Distribution and Founder Analysis
Without access to reliable information about token distribution, vesting schedules, or founder backgrounds, we cannot make a proper assessment of these aspects.
Crypto Impact
To assign a comfort level investing in Standard 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 Standard.
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.