SuperWalk

Halal Rating :
Comfortable
Last Price $0.061 Last updated:
Rank 1217
1D Change 0.69 %
Market Cap $9.89m
Circulating supply 162,998,097
Maximum supply None

Crypto Overview

Categories
  • Health
  • Collectibles & NFTs
  • Klaytn Ecosystem

Project Overview

SuperWalk (GRND) is a move-to-earn cryptocurrency project that rewards users with tokens for physical activity, specifically walking. The platform uses mobile device sensors to track user movement and distributes GRND tokens as rewards.

Purpose and Utility

The primary purpose of GRND is to incentivize physical activity and healthy lifestyle choices. Users earn tokens by walking, which can be used within the ecosystem for various purposes including purchasing NFTs and participating in the platform's marketplace.

Business Model Analysis

The platform generates revenue through NFT sales, marketplace fees, and premium features. The core activity of walking and earning rewards is free for users. The business model appears transparent and doesn't involve any inherently prohibited activities.

Real-World Adoption

The platform has shown steady user growth since its launch, particularly in Asian markets. While exact user numbers are not publicly available, the project maintains active social media presence and community engagement.

Development Activity

The development team regularly updates the platform and maintains an active GitHub repository. Recent updates have focused on improving the movement tracking algorithm and expanding marketplace features.

Token Distribution

The token distribution includes allocations for user rewards (40%), team and advisors (20%), ecosystem development (25%), and liquidity provision (15%). Team tokens are subject to a 3-year vesting period with monthly unlocks.

Platform Technology

The platform operates on the Polygon blockchain, utilizing standard smart contract technology for token distribution and NFT management. The technology stack doesn't involve interest-bearing mechanisms or lending protocols.

Crypto Impact

To assign a comfort level investing in SuperWalk 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 SuperWalk.

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.