Aavegotchi FUD

Halal Rating :
Comfortable
Contract: 0x403e967b044d4be25170310157cb1a4bf10bdd0f
Last Price $0.00014 Last updated:
Rank 5400
1D Change -8.56 %
Market Cap -
Circulating supply 0
Maximum supply 20,000,000,000

Crypto Overview

Categories
  • Polygon Ecosystem

Overview

FUD is one of three primary ERC-20 tokens (along with ALPHA and KEK) used within the Aavegotchi gaming ecosystem. FUD stands for 'Fear, Uncertainty, and Doubt' and serves as an in-game currency.

Purpose and Utility

The token is primarily used for crafting wearables and other in-game items in the Aavegotchi metaverse game. It can be earned through various gameplay mechanics and used to enhance player avatars (Gotchis). FUD has genuine utility within the gaming ecosystem as a medium of exchange and crafting component.

Business Model

The business model is straightforward - FUD tokens are earned through gameplay and spent on in-game items and crafting. This creates a circular economy within the game. The model is transparent and doesn't involve any prohibited activities like gambling or interest-based lending.

Real-World Adoption

The token is actively used within the Aavegotchi ecosystem, with regular trading volume and consistent usage for its intended purpose of in-game crafting and transactions. The project maintains active development and regular updates.

Token Distribution

FUD tokens are primarily distributed through gameplay mechanics rather than being heavily allocated to founders. The distribution model appears fair and focused on rewarding active participants in the ecosystem.

Rating Justification

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