HELIUM is not just a blockchain ecosystem, the ecosystem built on this blockchain is provided as a solution to many technologies in the world. The native token of the ecosystem is neutral as they only act as a store of value to coordinate the whole network. HELIUM is Shariah Compliant.
| 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 decentralized network for IoT technologies. The features offered are clear and neutral. | Passed |
| Financials | The token is not backed by any equity, thus there is no financial screening on this token. | Passed |
| Token | The Helium Token is designed to serve the needs of the hosting networks for IoT. | Passed |
| Staking Method | The staking mechanism by this protocol complies with Shariah's rulings. Staking will be rewarded by transaction fees. | Passed |
Read the source document and verify project fundamentals.