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Darwinia Network logo

Darwinia Network

RING Shariah
$0.003573
-1.68% (24h)
Market Cap
$6.36M
Consensus
PoS
Screening
Q1 2022
Status
Shariah

Shariah Judgement

Darwinia is a cross-chain messaging infrastructure. Darwinia allows developers to easily integrate cross-chain capabilities to build Dapss through SDK. Overall, Darwinia Network ecosystem is aligned with Shariah.

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Detailed Screening Breakdown

Category Details Status
Legitimacy Not regulated by any countries or regulatory bodies. This project has a clear roadmap and genuine product on the blockchain. The token/coin has a fundamental underlying value that allows it to be categorised as "Mal". Passed
Project Darwinia is a cross-chain messaging infrastructure. Darwinia allows developers to easily integrate cross-chain capabilities to build Dapps through SDK. Passed
Financials The token is not backed by any equity, thus there is no financial screening on this token. Passed
Token Darwinia has two tokens, RING and KTON. RING is the native token, and KTON is the symbol of tokenized commitment. Staker can bind 10,000 RING for 12 months to get 1 KTON. Passed
Staking Method This protocol's new block procurement method complies with the Shariah rulings. Passed

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Official Reference

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