ABBC is a blockchain platform that enables secure payment transactions, helping to facilitate retail adoption of cryptocurrencies and make shopping online with digital assets a safer, more enjoyable experience for end-users. ABBC is a neutral project, so we decide to classify this network as pass.
| Category | Details | Status |
|---|---|---|
| Legitimacy | Not regulated by any countries or regulatory bodies. The has a clear roadmap and genuine product on the blockchain, while the token/coin has a fundamental underlying value that allows it to be categorized as "Mal". | Passed |
| Project | ABBC is a blockchain platform that enables secure payment transactions, helping to facilitate retail adoption of cryptocurrencies and make shopping online with digital assets a safer, more enjoyable experience for end-users. ABBC is a neutral project, so we decide to classify this network as pass. | Passed |
| Financials | The token is not backed by any equity, thus there is no financial screening on this token. | Passed |
| Token | ABBC coin is a utility token that is used within ABBC Foundation | Passed |
| Staking Method | The staking mechanism used is Delegated Proof of Stake (DPoS) mechanism which are complies with Shariah's rulings. | Passed |
Read the source document and verify project fundamentals.