ZENZO

Halal Rating :
Comfortable
Last Price $0.0012 Last updated:
Rank 2841
1D Change 8.20 %
Market Cap $34936.72
Circulating supply 29,667,006
Maximum supply 83,000,000

Crypto Overview

Project Overview

ZENZO is a cryptocurrency project that positions itself as a gaming and digital asset ecosystem. The project aims to create a platform for gaming-related transactions and digital asset management.

Purpose and Utility

The intended purpose of ZENZO is to serve as a medium of exchange within gaming ecosystems and facilitate digital asset transactions. The project implements a Proof of Stake consensus mechanism for network security.

Business Model Assessment

The core business model focuses on gaming-related transactions and does not inherently involve any prohibited activities like gambling, interest-based lending, or adult content. The platform aims to facilitate legitimate digital asset exchange within gaming environments.

Real-World Adoption

Current adoption appears to be limited, with minimal visible partnerships or widespread usage in gaming ecosystems. However, the project maintains active development efforts on their core infrastructure.

Development Activity

The project shows ongoing development activity through their GitHub repository, though at a modest pace. The team maintains regular updates to their core protocol.

Token Distribution

The token distribution appears to be relatively decentralized through the Proof of Stake mechanism, without evidence of excessive concentration among founders or early investors.

Crypto Impact

To assign a comfort level investing in ZENZO 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 ZENZO.

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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