ArchLoot
Crypto Overview
Overview
ArchLoot is a blockchain-based NFT game platform that aims to combine gaming with NFT technology. The project is built on the BNB Chain and integrates gaming, NFTs, and a play-to-earn model.
Purpose and Utility
The AL token serves multiple utilities within the ArchLoot ecosystem: governance rights for holders, in-game currency for purchases and trades, staking rewards, and marketplace transactions. The platform allows players to collect, trade, and battle with NFT-based characters and items.
Business Model Analysis
The core business model revolves around gaming and NFT trading, with revenue generated through marketplace fees and in-game transactions. The platform does not involve interest-bearing mechanisms or gambling elements in its core functionality.
Development and Adoption
The project maintains active development with regular updates to its gaming platform. While adoption metrics are modest, the project continues to build its ecosystem and expand its feature set.
Token Distribution
The token distribution includes allocations for the team, development, marketing, and community rewards. Team tokens are subject to vesting periods to align long-term interests.
Technical Implementation
The platform operates on BNB Chain, utilizing smart contracts for NFT management and token transactions. The gaming mechanics are built on legitimate game design principles rather than chance-based outcomes.
Crypto Impact
To assign a comfort level investing in ArchLoot 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 ArchLoot.
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.