ZCore Network
Crypto Overview
Background
ZCore Network is a cryptocurrency project that aims to provide a decentralized ecosystem for payments and digital services. The project includes a native token (ZCR) and plans to develop various blockchain-based applications.
Purpose and Utility
The stated purpose of ZCR is to serve as the native currency within the ZCore ecosystem, enabling transactions and access to platform services. However, current research indicates extremely limited information about actual implementation and real-world usage of these proposed utilities.
Business Model Assessment
The project's business model appears to focus on blockchain-based payments and services. While the core concept aligns with halal principles, there is insufficient recent information available about specific implementations or active development.
Platform Development and Adoption
Current research shows minimal verifiable development activity or significant user adoption. The project's social media channels and development repositories show limited recent activity.
Token Distribution and Governance
Detailed information about token distribution, vesting schedules, and current governance structure is not readily available from verifiable sources.
Technology and Revenue Model
The basic technology appears to involve standard blockchain transaction capabilities. No clear evidence was found of interest-bearing mechanisms or involvement in prohibited industries.
Crypto Impact
To assign a comfort level investing in ZCore Network 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 ZCore Network.
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.