Blockchain Monster Hunt

Halal Rating :
Comfortable
Last Price $0.0016 Last updated:
Rank 2350
1D Change -7.02 %
Market Cap $383235.01
Circulating supply 243,463,792
Maximum supply 1,000,000,000

Crypto Overview

Categories
  • Collectibles & NFTs
  • Gaming
  • Ethereum Ecosystem
  • Metaverse
  • Polygon Ecosystem
  • Play To Earn
  • BullPerks Launchpad
  • Animoca Brands Portfolio
  • SkyVision Capital Portfolio

Purpose and Utility

Blockchain Monster Hunt (BCMC) is a play-to-earn game built on multiple blockchains where players can catch, battle, and trade digital monsters. The BCMC token serves as the main currency within the game's ecosystem, used for purchasing in-game items, monster trading, and governance.

Business Model Analysis

The core business model revolves around gaming and digital asset ownership, where players can earn through gameplay and trading of digital assets. The game mechanics involve collecting digital monsters, similar to Pokemon, but with real ownership of assets through blockchain technology.

Real-World Adoption

The project has shown limited adoption since its launch. While the game is operational, current usage metrics indicate moderate activity levels in terms of daily active users and transaction volume.

Platform Development

The development team maintains regular updates to the platform, with ongoing improvements to game mechanics and features. The project operates across multiple blockchains including Binance Smart Chain, Polygon, and Avalanche.

Token Distribution

The token distribution appears to follow standard industry practices, with allocations for the team, development, marketing, and community rewards. Team tokens are subject to vesting periods to align long-term interests.

Crypto Impact

To assign a comfort level investing in Blockchain Monster Hunt 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 Blockchain Monster Hunt.

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