Substratum

Halal Rating :
Questionable
Last Price $0.00035 Last updated:
Rank 9063
1D Change 0.01 %
Market Cap -
Circulating supply 0
Maximum supply None

Crypto Overview

Categories
  • Platform
  • Distributed Computing
  • IoT
  • Sharing Economy
  • Ethereum Ecosystem
  • DePIN

Project Overview

Substratum was a cryptocurrency project that aimed to create a decentralized internet by allowing users to run nodes that would serve web content without the need for traditional hosting services or VPNs. The project promised to combat internet censorship and provide users in restricted regions access to content.

Current Status

As of 2024, the Substratum project appears to be defunct. The project's website is no longer operational, development has ceased, and trading of the SUB token has been delisted from major exchanges. The last significant activity on the project's GitHub repository was several years ago.

Intended Utility

The SUB token was meant to serve as a payment mechanism within the Substratum network, where node operators would be compensated in SUB tokens for hosting and serving content, while users would pay for accessing the network.

Real World Adoption

The project never achieved significant adoption or delivered its promised technology. The network never became operational in any meaningful capacity.

Development Activity

Development appears to have completely ceased. There is no active development team or ongoing updates to the project's codebase.

Crypto Impact

To assign a comfort level investing in Substratum 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 Substratum.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

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Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

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