Vexanium
Crypto Overview
Overview
Vexanium is a blockchain platform launched in 2018, designed to serve as a decentralized marketing ecosystem and infrastructure for e-commerce and digital payments in Indonesia and Southeast Asia. The platform uses VEX as its native token.
Purpose and Utility
The intended purpose of VEX is to facilitate transactions within the Vexanium ecosystem, including payments for marketing services, e-commerce transactions, and platform fees. It also serves as a governance token for the Vexanium blockchain.
Business Model Analysis
The core business model focuses on legitimate commercial activities, primarily in digital marketing and e-commerce. There is no evidence of involvement in prohibited activities like gambling, interest-based lending, or adult content.
Real-World Adoption
The project has established partnerships with several Indonesian businesses and e-commerce platforms. However, current usage appears to be primarily focused on trading rather than its intended marketing and e-commerce utilities.
Development Activity
The project maintains active development, with regular updates to its infrastructure and ecosystem. The team continues to work on expanding the platform's utility in the Southeast Asian market.
Token Distribution
Information about token distribution and vesting schedules is publicly available, with a reasonable allocation structure that doesn't suggest excessive concentration among founders.
Crypto Impact
To assign a comfort level investing in Vexanium 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 Vexanium.
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.