Streamr
Crypto Overview
Project Overview
Streamr is a decentralized real-time data network and protocol that enables peer-to-peer data streaming and trading. The network allows anyone to publish, subscribe to, and trade real-time data streams.
Intended Utility
The DATA token serves multiple purposes within the Streamr ecosystem: It's used for payments in the data marketplace, staking by network nodes, and governance of the Network DAO. The token is essential for the network's operation and economic incentive structure.
Actual Utility Assessment
The project shows significant real-world adoption through partnerships with companies like Hewlett Packard Enterprise and Nokia. The Streamr Network is live and operational, with active node operators and data publishers using the platform. The project maintains consistent development activity, with regular updates and improvements to the protocol.
Token Distribution and Founder Analysis
The token distribution appears reasonable with no red flags. The project conducted a fair token sale in 2017, and tokens were distributed among the community, team, and early supporters with appropriate vesting schedules. The founding team has maintained consistent involvement and demonstrated commitment to the project's development.
Technology and Revenue Model
The technology focuses on data streaming and marketplace functionality, with no interest-bearing mechanisms or lending features. Revenue is generated through legitimate market activities and network operations.
Additional Considerations
The project doesn't facilitate any prohibited activities and maintains transparency in its operations. The core functionality revolves around data exchange and network infrastructure, which aligns with Islamic principles of fair trade and value creation.
Crypto Impact
To assign a comfort level investing in Streamr 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 Streamr.
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.
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You can change your vote if you change your mind.