Arcona
Crypto Overview
Overview
Arcona is a metaverse project that aims to merge digital and physical reality through augmented reality (AR) technology. The platform allows users to buy, sell, and develop digital real estate that is tied to specific physical locations in the real world.
Purpose and Utility
The ARCONA token serves as the primary currency within the Arcona ecosystem. It is used for purchasing digital land plots, accessing AR content creation tools, and participating in the platform's marketplace for digital assets and AR experiences.
Business Model Analysis
The core business model revolves around creating a decentralized marketplace for AR content and digital land ownership. The platform allows for legitimate commerce and creative development without involving prohibited activities like gambling or interest-based lending.
Development and Adoption
The project maintains active development with regular updates to their AR technology stack and marketplace features. While adoption remains relatively limited, the project continues to build partnerships for AR content creation and real-world implementation.
Token Distribution
Token distribution information shows a relatively balanced allocation between team, development fund, and public sale participants. Vesting schedules are in place for team tokens, indicating some protection against sudden selling pressure.
Crypto Impact
To assign a comfort level investing in Arcona 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 Arcona.
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.