ACENT

Halal Rating :
Questionable
Last Price $0.0031 Last updated:
Rank 1819
1D Change -13.41 %
Market Cap $1.92m
Circulating supply 624,765,334
Maximum supply None

Crypto Overview

Categories
  • Ethereum Ecosystem
  • Web3

Overview

ACENT (ACE) appears to be a blockchain platform focused on blockchain gaming and digital content distribution. The project aims to provide a decentralized ecosystem for gaming and digital content.

Purpose and Utility

The stated purpose of ACENT is to serve as a utility token within their ecosystem, primarily for gaming and content distribution. The token is designed to facilitate transactions within their platform.

Business Model Analysis

The project's core business model revolves around gaming and content distribution. While gaming itself can be permissible in Islam when not involving gambling elements, there is limited public information available about the specific mechanics and implementations of their gaming features.

Development and Adoption

There appears to be limited recent development activity and public information about the current state of the project. The project's social media presence and community engagement seem minimal.

Token Distribution and Governance

Information about token distribution and governance structure is not readily available from reliable sources. This lack of transparency makes it difficult to fully assess the token's distribution model.

Crypto Impact

To assign a comfort level investing in ACENT 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 ACENT.

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.

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