Talis Protocol
Crypto Overview
Overview
Talis Protocol was intended to be a decentralized NFT marketplace that would allow creators to mint and trade NFTs. The project was launched in 2021 on the Solana blockchain.
Purpose and Utility
The TALIS token was designed to serve as a governance token for the Talis Protocol ecosystem, allowing holders to participate in platform decisions. It was also meant to be used for transaction fees and rewards within the marketplace.
Current Status
As of 2024, the project appears to be inactive. The official website is no longer accessible, social media channels have been dormant since 2022, and there is minimal to no recent development activity on their GitHub repositories.
Token Distribution and Governance
Information about token distribution is limited due to the project's current inactive status. Historical data shows the token was initially distributed through private sales and public offerings, but current holdings distribution is unclear.
Platform Development
The project showed initial development activity in 2021-2022 but appears to have ceased active development. The marketplace that was promised never reached full functionality.
Usage and Adoption
There is currently no significant usage or adoption of the TALIS token or protocol. Trading volumes are minimal, and the ecosystem appears to be largely abandoned.
Crypto Impact
To assign a comfort level investing in Talis Protocol 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 Talis Protocol.
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.