Unification

Halal Rating :
Comfortable
Contract: 0xe9B076B476D8865cDF79D1Cf7DF420EE397a7f75
Last Price $0.04 Last updated:
Rank 1856
1D Change -2.41 %
Market Cap $1.38m
Circulating supply 34,447,402
Maximum supply None

Crypto Overview

Categories
  • Platform
  • Cosmos Ecosystem
  • Enterprise Solutions
  • Interoperability
  • Oracles
  • Ethereum Ecosystem
  • Web3
  • Injective Ecosystem

Purpose and Utility

Unification (FUND) is the native token of the Unification blockchain network, designed to provide enterprise-level blockchain solutions with a focus on data management and oracle services. The platform aims to bridge enterprise data with blockchain technology through its WRKChains (custom blockchain solutions) and BABEL (oracle system).

Business Model Analysis

The business model centers on providing blockchain infrastructure and data solutions to enterprises. The FUND token serves multiple purposes: network security through staking, payment for network services, and governance. These functionalities align with halal principles as they represent legitimate technological utility and value exchange.

Real-World Adoption

Unification has established partnerships with various enterprises and continues to develop its technology stack. The network has active validators and ongoing development, though adoption remains in early stages. The project maintains regular development updates and technical improvements.

Token Distribution and Governance

The token distribution appears reasonable with no excessive concentration among founders. There are established vesting schedules for team allocations, and the project demonstrates transparency in its operations and development progress.

Rating Justification

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