Affyn
Crypto Overview
Overview
Affyn is a blockchain gaming platform that combines mobile AR technology with play-to-earn mechanics in a metaverse ecosystem. The project aims to create an interconnected gaming world where players can earn rewards through gameplay while experiencing augmented reality features.
Intended Utility
The FYN token serves multiple purposes within the Affyn ecosystem: governance rights for holders, in-game currency for transactions, staking rewards, and access to special features within the platform's metaverse. The token is built on the Polygon network.
Business Model Analysis
The core business model revolves around creating a sustainable gaming economy where players can earn rewards while engaging with the AR-enabled metaverse. The platform generates revenue through NFT sales, marketplace fees, and in-game transactions.
Actual Utility Assessment
The project has launched its NEXUS World mobile game in beta, with basic AR features and play-to-earn mechanics implemented. Development activity is ongoing, with regular updates and improvements to the platform.
Token Distribution
The total supply of FYN tokens is 1 billion. The distribution includes allocations for: Team (15%), Private Sale (30%), Play-to-Earn Rewards (25%), Marketing and Partnerships (10%), Platform Development (10%), Public Sale (5%), and Advisors (5%). Team tokens are subject to a vesting schedule over 24 months.
Development vs Marketing
The project maintains an active development schedule with regular technical updates and feature releases. While marketing efforts are significant, they appear balanced with actual platform development.
Crypto Impact
To assign a comfort level investing in Affyn 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 Affyn.
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.