Zedxion
Crypto Overview
Project Overview
Zedxion is a cryptocurrency project that claims to be a decentralized payment system built on the BNB Chain. The project states its purpose is to provide fast and low-cost cross-border transactions while serving as a store of value.
Utility Assessment
The token appears to have basic transfer functionality as its primary feature. While marketing materials mention various use cases including payments and cross-border transfers, there is limited evidence of real-world adoption for these purposes. The project's documentation and technical specifications are minimal.
Business Model Analysis
The business model appears to be primarily focused on token trading rather than developing significant technological infrastructure. However, the basic transfer functionality does represent a legitimate exchange of assets between parties.
Development Activity
Public development activity appears to be limited, with minimal updates to the project's technical infrastructure. The project's public presence is primarily focused on price and trading discussions rather than technical development.
Token Distribution
Detailed information about token distribution and vesting schedules is not readily available in public documentation. This lack of transparency, while concerning from an investment perspective, does not inherently make the token haram.
Crypto Impact
To assign a comfort level investing in Zedxion 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 Zedxion.
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.