Aurory

Halal Rating :
Questionable
Last Price $0.20 Last updated:
Rank 1018
1D Change -5.64 %
Market Cap $13.45m
Circulating supply 66,021,188
Maximum supply None

Crypto Overview

Categories
  • Collectibles & NFTs
  • Gaming
  • Solana Ecosystem
  • Metaverse
  • Play To Earn
  • SkyVision Capital Portfolio

Project Overview

Aurory is a blockchain-based gaming ecosystem built on the Solana blockchain. The AURY token serves as the primary utility token within the Aurory gaming metaverse, used for governance, in-game purchases, and rewards.

Intended Utility

The AURY token was designed to facilitate various functions within the Aurory gaming ecosystem: governance rights for holders, rewards for players, purchasing in-game items, and staking for additional benefits. The platform aims to create a play-to-earn gaming experience that combines NFTs and cryptocurrency elements.

Actual Utility Assessment

The project has demonstrated real utility through its gaming platform, with active users participating in the ecosystem. The game is operational and available to players, with regular updates and development activity visible on their GitHub repository. The token is actively used for its intended purposes within the gaming ecosystem.

Token Distribution and Governance

Initial token distribution included allocations for team members (15%), advisors (5%), and private sale participants (30%), with vesting periods implemented to prevent immediate dumps. The remaining tokens were distributed through various channels including ecosystem rewards and public sale. Vesting schedules appear reasonable with gradual unlocks over time.

Development Activity

The project maintains active development with regular updates to both the game and underlying infrastructure. The team regularly communicates progress through official channels and has demonstrated commitment to long-term development rather than short-term token promotion.

Crypto Impact

To assign a comfort level investing in Aurory 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 Aurory.

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.

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Justification for our Halal Rating