Is Geodnet halal?
Geodnet is a network that pays people for providing physical infrastructure such as wireless or computing. It is issued as a token on Polygon.
Geodnet does not clear every threshold of our screen. Its weakest point is the Use-case criterion (56 out of 100). Permissibility depends on the game's content.
Shariah screen result
mean of the five criteria
Nothing in its public tags points to an interest-based mechanism.
Fairly small (market value about $130 million). Smaller markets move more easily.
Game rewards can resemble chance-based prizes depending on the design.
The token is used to pay for or secure a service people actually use.
Permissibility depends on the game's content.
How this was made: we scored the coin's public category tags and market size against the same five criteria and thresholds we use in our reviewed screen. Nobody has yet read its whitepaper or checked its revenue. This is a screening result, not a fatwa. Scholars may reach different views, so check with a qualified scholar before relying on it.