Another World
Crypto Overview
Purpose and Utility
Another World (AWM) is a gaming and NFT focused cryptocurrency designed to support a play-to-earn gaming metaverse. The project aims to create an interconnected virtual world where players can own, trade, and monetize in-game assets.
Business Model Assessment
The core business model revolves around providing a platform for virtual gaming experiences and digital asset ownership. This aligns with halal principles as it involves the exchange of digital assets with clear utility and ownership rights. The platform does not inherently involve any prohibited activities like gambling or interest-based transactions.
Real-World Adoption
The project is in its early stages, with limited but growing adoption. While the gaming platform is still under development, the token is actively traded on decentralized exchanges and some NFT marketplaces.
Development Activity
The development team maintains regular updates on their platform and community channels. The project's GitHub repository shows consistent activity, indicating ongoing technical development.
Token Distribution
The token distribution shows a relatively balanced allocation: 40% for the ecosystem and gaming rewards, 20% for development, 15% for marketing, 15% for liquidity, and 10% for the team with a 2-year vesting period. This structure suggests a long-term focus rather than a short-term enrichment scheme.
Technology and Revenue Model
The platform generates revenue through NFT marketplace fees and in-game transactions. These mechanisms do not involve interest-based earnings or gambling elements, making them compatible with Islamic finance principles.
Crypto Impact
To assign a comfort level investing in Another 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 Another 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.