Aurox

Halal Rating :
Comfortable
Contract: 0xc6dddb5bc6e61e0841c54f3e723ae1f3a807260b
Last Price $1.2 Last updated:
Rank 2159
1D Change 1.44 %
Market Cap $620,008
Circulating supply 521,929
Maximum supply 1,000,000

Crypto Overview

Categories
  • Ethereum Ecosystem
  • BNB Chain Ecosystem

Overview

Aurox is a cryptocurrency trading terminal and ecosystem that aims to provide advanced trading tools and analytics for crypto traders. The URUS token serves as the native utility token of the Aurox platform.

Purpose and Utility

The primary purpose of URUS is to provide access to premium features on the Aurox trading platform. Token holders can access advanced trading indicators, automated trading strategies, and receive discounts on platform fees. The token also grants governance rights over platform development.

Business Model Analysis

The platform operates as a legitimate trading infrastructure provider, offering real technological utility through its trading terminal, indicators, and analytics tools. The core business model focuses on providing value through technical analysis tools and trading infrastructure, which aligns with halal principles as it facilitates legitimate asset exchange.

Real-World Adoption

The Aurox platform has demonstrated actual usage among cryptocurrency traders, with their terminal being actively used for market analysis and trading. The project maintains regular development updates and platform improvements.

Token Distribution and Governance

The URUS token has a clear distribution model with tokens allocated for development, marketing, and community initiatives. While there is a significant portion allocated to team and advisors, there are vesting schedules in place to prevent immediate dumping.

Additional Considerations

The platform does not engage in interest-bearing activities or gambling features. The primary focus remains on providing trading infrastructure and analysis tools, which constitutes legitimate utility.

Rating Justification

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