Unibright

Halal Rating :
Comfortable
Last Price $0.028 Last updated:
Rank 1543
1D Change -13.88 %
Market Cap $4.25m
Circulating supply 149,999,999
Maximum supply 150,000,000

Crypto Overview

Categories
  • Ethereum Ecosystem
  • Polygon Ecosystem

Overview

Unibright is a blockchain integration platform that aims to help businesses implement blockchain solutions without requiring extensive technical knowledge. The UBT token serves as the utility token for accessing and using the Unibright Framework and related services.

Purpose and Utility

The primary purpose of UBT is to serve as a means to access the Unibright Framework, where tokens are required to use the platform's templates and services. Each blockchain integration workflow requires UBT tokens to be locked during the process.

Business Model Analysis

The business model appears to be focused on legitimate blockchain integration services. The platform provides tangible utility through its framework, templates, and consulting services. There is no evidence of involvement in prohibited activities like gambling, interest-based lending, or adult content.

Adoption and Usage

Unibright has established partnerships with notable organizations including Baseline Protocol, SAP, and Microsoft. The project shows ongoing development activity and real-world implementation cases, particularly in enterprise blockchain solutions.

Token Distribution

The token distribution appears reasonable with mechanisms in place to ensure proper utility. Tokens are required for platform usage and are locked during service implementation, indicating a genuine utility-based approach rather than a speculative instrument.

Crypto Impact

To assign a comfort level investing in Unibright 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 Unibright.

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.