StrongNode Edge
Crypto Overview
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.
Crypto Impact
To assign a comfort level investing in StrongNode Edge 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 StrongNode Edge.
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.