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Prema

PRMX Shariah
$0.000001
+0.66% (24h)
Market Cap
$380
Consensus
Proof of Stake
Screening
Q2 2023
Status
Shariah

Shariah Judgement

Prema is a blockchain platform and NFT marketplace that seamlessly connects the digital and physical worlds. It simplifies NFT management, eliminates gas fees, and empowers industries to embrace Web3 technology. With a user-friendly wallet, secure exchanges, and traceability systems, Prema revolutionizes the way users engage with digital content. Importantly, based on its current features and operations, Prema's project does not appear to contradict Shariah principles.

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Detailed Screening Breakdown

Category Details Status
Legitimacy PREMA demonstrates legitimacy through its clear roadmap, keeping up-to-date with its development progress. The company provides transparent information about its operations, showcasing a clear understanding of its goals and objectives. Additionally, PREMA presents detailed information about its team members, indicating a commitment to transparency and showcasing the expertise and experience of its team. Passed
Project PREMA is a blockchain platform offering seamless multi-chain experiences and a marketplace for NFTs. It connects real-world entities to the Web3 ecosystem, simplifies NFT management, and eliminates gas fees. By bridging the digital and physical worlds, PREMA aims to create a unified marketplace and empower industries to embrace Web3 technology. With a user-friendly wallet, secure exchanges, and traceability systems, PREMA provides a gateway to NFT usage and trade, revolutionizing the way users interact with digital content. Passed
Financials The token is not backed by any equity, thus there is no financial screening on this token. Passed
Token PRMX (Prema Token) is a digital asset that serves as the native utility token within the Prema platform. It operates on the Ethereum blockchain and follows the ERC-20 token standard, ensuring compatibility and security. With a limited supply of 100 billion tokens, PRMX is used for various purposes within the ecosystem. It acts as the primary utility token for minting NFTs, creating marketplaces, facilitating cross-chain interactions, enabling on-chain governance, and handling fees and payments within the platform's decentralized applications (DApps). Passed
Staking Method Prema's staking/rewards system is designed to incentivize users to lock up tokens on their upcoming Proof of Stake (PoS) blockchain. By staking tokens, users gain several benefits, including priority guidance for Free Mint and White List of NFTs, priority guidance for using NFTs in both URL and IRL applications, discounts on trading commissions, and access to platform extensions. Passed

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Official Reference

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