Alpha Quark Token

Halal Rating :
Comfortable
Contract: 0x2a9bDCFF37aB68B95A53435ADFd8892e86084F93
Last Price $1.2 Last updated:
Rank 687
1D Change 2.52 %
Market Cap $31.46m
Circulating supply 26,806,201
Maximum supply 30,000,000

Crypto Overview

Categories
  • Ethereum Ecosystem
  • BNB Chain Ecosystem

Purpose and Utility

Alpha Quark Token (AQT) is the native token of the Alpha Quark platform, a gaming and NFT marketplace ecosystem. The token serves multiple purposes including governance rights, staking rewards, and payment for services within the Alpha Quark ecosystem.

Business Model Analysis

The platform focuses on gaming infrastructure and NFT trading, both of which involve legitimate exchange of digital assets. The core business model appears to be based on facilitating genuine transactions and creating utility through gaming and digital collectibles, rather than prohibited activities like gambling or interest-based lending.

Real-World Adoption

The project has demonstrated modest but consistent usage in its gaming ecosystem and NFT marketplace. While trading volume has fluctuated, there is evidence of genuine platform utilization for its intended purposes.

Development Activity

The development team maintains regular updates to the platform, though at a moderate pace. The project continues to expand its gaming offerings and NFT functionality, showing ongoing commitment to its stated objectives.

Token Distribution

The token distribution appears reasonably balanced between team, development fund, and public allocation. Vesting schedules are in place for team tokens, indicating some protection against sudden selling pressure from insiders.

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