StrongNode Edge

Project Overview

StrongNode Edge aims to create a global Infrastructure-as-a-Service (IaaS) platform that harnesses idle computing resources from edge devices (computers, phones, gaming consoles) to create a distributed network. The project intends to provide computing power to enterprises while compensating device owners with SNE tokens.

Utility Assessment

The SNE token serves multiple purposes within the ecosystem: It acts as a governance token allowing holders to participate in protocol decisions. It's used as a payment method for node operators who provide computing resources. The token also enables access to platform services for enterprises seeking computing power.

Business Model Evaluation

The core business model involves creating a marketplace for idle computing resources, which aligns with halal principles as it represents a legitimate exchange of value. The project does not involve interest-bearing mechanisms, gambling, or other prohibited activities.

Development and Adoption

Recent research indicates minimal development activity on the project's GitHub repositories and limited evidence of enterprise adoption. While the project's website remains active, there appears to be reduced communication about technical progress.

Token Distribution

The token distribution includes allocations for the team, development fund, and public sale participants. While specific percentages are not publicly available in recent documentation, there are vesting schedules in place for team tokens.