Typical store of value, MNW. Morpheus.Network is a middleware solution that resembles an automated digital clone of the existing manual processes in the supply-chain industry. The whole system runs on the Proof of Stake mechanism which is permissible. Thus, there is no issue with this whole network and its tokens. We classified MORPHEUS.NETWORK as Shariah Compliant.
| Category | Details | Status |
|---|---|---|
| Legitimacy | Not regulated by any country and monetary authority. While the token/coin has a fundamental underlying value that allows it to be categorized as Mal. | Passed |
| Project | Morpheus Network is a Dapps platform designed to enhance supply chain management and business processes. Overall the ecosystem does not offer any prohibited features that can trigger Shariah issues. | Passed |
| Financials | The token is not backed by any equity, thus there is no financial screening on this token. | Passed |
| Token | The token main utility is to be a medium of exchange. | Passed |
| Staking Method | The staking reward earn from the transaction fees which is permissible. | Passed |
Read the source document and verify project fundamentals.