Tenset

Halal Rating :
Comfortable
Last Price $0.15 Last updated:
Rank 941
1D Change -6.01 %
Market Cap $21.55m
Circulating supply 139,773,555
Maximum supply 210,000,000

Crypto Overview

Overview

Tenset is a blockchain platform that aims to provide a curated selection of crypto projects and investment opportunities. The platform's native token, 10SET, is used for governance and access to various features within the ecosystem.

Purpose and Utility

The primary purpose of 10SET is to serve as a utility token within the Tenset ecosystem. Token holders can participate in project launches, stake tokens for rewards, and access premium features on the platform. The token also grants governance rights, allowing holders to vote on platform decisions.

Business Model Analysis

The platform operates by vetting and launching new crypto projects, with 10SET holders getting priority access. The business model appears transparent, with clear documentation of how the platform operates and generates value.

Real-World Adoption

Tenset has established partnerships with various blockchain projects and maintains an active ecosystem. The platform has successfully launched multiple projects and maintains consistent user engagement.

Development Activity

The project demonstrates ongoing development activity with regular updates to its platform and features. The team maintains active communication channels and provides regular progress updates.

Token Distribution

The token distribution appears reasonably balanced between team, investors, and community holders. Vesting schedules are in place for team and early investor allocations, which helps align long-term interests.

Crypto Impact

To assign a comfort level investing in Tenset 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 Tenset.

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.