AGA Token
Crypto Overview
Purpose and Utility
AGA Token is the native token of the AGA ecosystem, which aims to provide a decentralized gaming platform with a focus on skill-based games. The token is designed to serve as a governance token and medium of exchange within the platform.
Business Model Analysis
The platform focuses on non-gambling skill-based games and tournaments. Players can use AGA tokens to participate in tournaments, vote on platform decisions, and receive rewards for participation. The core business model appears to avoid traditional gambling mechanics.
Real-World Adoption
The project shows limited but existing adoption, with a small but active user base. On-chain data indicates regular transaction activity, though primarily centered around trading rather than platform utility at present.
Development Activity
Development activity appears moderate, with regular updates to the platform's infrastructure and gaming ecosystem. The team maintains an active GitHub repository and provides regular development updates.
Token Distribution
Token distribution shows a relatively balanced allocation, with approximately 30% reserved for the team and advisors, subject to vesting periods. The remaining tokens are distributed among the community, liquidity pools, and ecosystem development.
Crypto Impact
To assign a comfort level investing in AGA Token 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 AGA Token.
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.