Arker

Halal Rating :
Questionable
Last Price $0.000044 Last updated:
Rank 4653
1D Change -3.44 %
Market Cap -
Circulating supply 0
Maximum supply 2,000,000,000

Crypto Overview

Project Overview

Arker is a play-to-earn (P2E) blockchain game that allows players to earn cryptocurrency rewards through gameplay. The ARKER token serves as the in-game currency and governance token for the Arker ecosystem.

Utility Analysis

The ARKER token has several intended utilities: In-game currency for purchasing items and upgrades, Governance participation for protocol decisions, Staking for rewards, Trading between players.

Business Model Evaluation

The game incorporates NFTs and token rewards as part of its gaming ecosystem. While gaming itself is permissible in Islam, the project includes staking and lending mechanisms that may raise concerns from a Shariah perspective.

Development & Adoption

The project appears to have limited recent development activity and adoption metrics. However, this alone does not impact its Shariah compliance assessment.

Token Distribution

Information about token distribution and vesting schedules is limited in public documentation.

Crypto Impact

To assign a comfort level investing in Arker 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 Arker.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

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