Zebec Network

Halal Rating :
Comfortable
Last Price $0.03 Last updated:
Rank 325
1D Change -0.11 %
Market Cap $162.22m
Circulating supply 5,088,364,937
Maximum supply 100,000,000,000

Crypto Overview

Categories
  • BNB Smart Chain
  • Coinbase Ventures Portfolio
  • Solana Ecosystem
  • Circle Ventures Portfolio

Overview

Zebec Protocol is a continuous payment streaming protocol built on the Solana blockchain. The project aims to revolutionize payroll, investments, and treasury management by enabling real-time, programmable cash flows.

Intended Utility

The ZBC token serves as the protocol's native utility token, used for governance, staking, and fee payments within the Zebec ecosystem. The primary use cases include continuous payroll streams, automated treasury management, and real-time payment solutions for businesses.

Business Model Assessment

The protocol generates revenue through transaction fees and provides legitimate business utility through its payment streaming services. The model appears transparent and focused on solving real financial problems without involving prohibited activities.

Actual Utility Analysis

Current adoption shows integration with several Solana-based projects and businesses using the protocol for payroll and treasury management. The development team maintains regular updates and improvements to the protocol, with verifiable GitHub activity.

Token Distribution

Initial token distribution allocated 30% to the team and advisors with a 3-year vesting period, 25% for ecosystem development, 20% for community incentives, 15% for public sale, and 10% reserved for future development. The vesting schedule appears reasonable and designed to prevent dump scenarios.

Development vs Marketing

The project demonstrates a balanced approach between development and marketing efforts, with significant resources allocated to protocol improvements and security audits. Regular technical updates and partnerships indicate a focus on building sustainable infrastructure rather than pure token promotion.

Crypto Impact

To assign a comfort level investing in Zebec 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 Zebec 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”.

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Justification for our Halal Rating