VaporNodes
Crypto Overview
Project Overview
VaporNodes is a cryptocurrency project that was designed to provide node-as-a-service functionality on the Avalanche blockchain. The VPND token was meant to be used for governance and revenue sharing from node operations.
Purpose and Utility
The stated purpose was to allow users to participate in Avalanche node operations without having to run their own infrastructure. The project aimed to generate revenue through node validation rewards which would be distributed to token holders.
Current Status
Based on the most recent available information, the VaporNodes project appears to be inactive. The official website is no longer accessible, social media channels are dormant, and there is minimal to no recent development activity visible on public repositories.
Business Model Analysis
The original business model of operating validator nodes and sharing rewards is permissible from an Islamic finance perspective, as it involves providing a real service (node operation) and sharing actual revenues from network validation.
Token Distribution and Governance
Due to the project's current inactive status, detailed information about token distribution and recent governance activities is not readily available.
Crypto Impact
To assign a comfort level investing in VaporNodes 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 VaporNodes.
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.