Abyss World
Crypto Overview
Overview
Abyss World (AWT) is a blockchain gaming metaverse project that aims to create an interconnected virtual world where players can explore, interact, and engage in various activities. The project utilizes blockchain technology to provide ownership of in-game assets and facilitate player-driven economies.
Purpose and Utility
The primary stated purpose of AWT is to serve as the native utility token within the Abyss World ecosystem. It is designed to enable transactions for in-game assets, reward players for participation, and provide governance rights for platform decisions.
Current Implementation and Usage
The project is in early development stages, with limited real-world adoption. The token primarily trades on decentralized exchanges, with most current activity centered around trading rather than gameplay or platform utility. However, this limited current utility does not impact its sharia compliance assessment.
Platform Development
Development activity appears to be ongoing, though at a moderate pace. The team maintains regular updates through their social media channels and development logs.
Token Distribution
Token distribution information shows a relatively standard allocation with team tokens subject to vesting periods. No concerning concentration of tokens has been identified that would suggest a scheme to enrich founders.
Crypto Impact
To assign a comfort level investing in Abyss World from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Abyss World.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.