TAIKAI

Halal Rating :
Comfortable
Last Price $0.0081 Last updated:
Rank 2202
1D Change -0.04 %
Market Cap $613592.5
Circulating supply 75,299,878
Maximum supply 300,000,000

Crypto Overview

Overview

TAIKAI is a web3-based platform designed to facilitate hackathons, innovation challenges, and talent recruitment. The TKAI token is the native utility token of the TAIKAI ecosystem.

Purpose and Utility

The TKAI token serves multiple functions within the TAIKAI ecosystem: 1) Payment for platform services, 2) Governance participation, 3) Rewards for hackathon participants and judges, and 4) Staking mechanisms for platform features.

Business Model Analysis

The platform's business model focuses on connecting organizations with talent through blockchain-powered hackathons and recruitment solutions. The core activities appear to align with halal principles as they involve legitimate business operations and talent development.

Real-World Adoption

TAIKAI has demonstrated real-world utility through partnerships with various organizations and successful hackathon events. The platform has hosted numerous innovation challenges and maintains active development.

Token Distribution and Governance

The token distribution includes allocations for the team, development, and community incentives. While specific vesting details are not widely published, the token serves clear utility purposes within the ecosystem.

Crypto Impact

To assign a comfort level investing in TAIKAI 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 TAIKAI.

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.