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PundiX

PUNDIX Shariah
-
- (24h)
Market Cap
-
Consensus
ERC-20 Token
Screening
Q1 2022
Status
Shariah

Shariah Judgement

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Detailed Screening Breakdown

Category Details Status
Legitimacy Not regulated by any countries or regulatory bodies. The project 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 The project aims to be a payment system same as Verge and Alchemy. They offered various products and services such as XPOS, XWallet, PUNDIX and Function X. All the utility of the products are neutral. Passed
Financials The token is not backed by any equity, thus there is no financial screening on this token. Passed
Token The token can be used as a payment medium for any transaction. Passed
Staking Method No staking Passed

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Official Reference

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