ZoidPay
Crypto Overview
Purpose and Utility
ZoidPay is designed as a cryptocurrency payment infrastructure that aims to enable Web3 payments and shopping experiences. The ZPAY token serves as the native utility token of the ZoidPay ecosystem, used for governance, staking, and accessing premium features within their platform.
Business Model Assessment
The platform's core business model revolves around facilitating cryptocurrency payments and creating a bridge between Web3 and traditional commerce. This includes:
- A Chrome extension for crypto payments
- A platform for creating virtual debit cards funded with crypto
- A marketplace infrastructure for Web3 commerce
Real-World Adoption
The project has demonstrated some level of real-world implementation, with partnerships including Binance Pay and integration with various e-commerce platforms. The ZPAY token has clear utility within their ecosystem, being used for governance and accessing premium features.
Platform Development
The project maintains active development, with regular updates to their platform and infrastructure. Their development activity can be verified through their public repositories and regular platform updates.
Token Distribution and Governance
The token distribution includes allocations for ecosystem development, team members, and public sale participants. The project implements vesting schedules for team tokens, which helps align long-term incentives.
Crypto Impact
To assign a comfort level investing in ZoidPay 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 ZoidPay.
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.