BurgerCities

Halal Rating :
Questionable
Last Price $0.46 Last updated:
Rank 853
1D Change 4.97 %
Market Cap $27.75m
Circulating supply 59,860,978
Maximum supply 63,000,000

Crypto Overview

Categories
  • Decentralized Exchange (DEX) Token
  • DeFi
  • Gaming
  • Yield Farming
  • AMM
  • Arbitrum Ecosystem
  • BNB Chain

Project Overview

BurgerCities is a GameFi and metaverse project built on the BNB Chain. The project combines NFT gaming, virtual real estate, and a play-to-earn ecosystem where players can own, trade, and earn through various in-game activities.

Intended Utility

The BURGER token serves multiple purposes within the BurgerCities ecosystem: governance rights for protocol decisions, in-game currency for purchasing virtual assets and land, staking rewards, and marketplace transactions.

Actual Utility

The token is actively used within the BurgerCities gaming ecosystem, primarily for purchasing NFTs and virtual land parcels. The project has maintained consistent development activity and regular updates to its platform.

Token Distribution and Governance

The token distribution appears relatively balanced, with allocations spread across ecosystem development, team, marketing, and community rewards. Team tokens have vesting schedules implemented to prevent immediate selling.

Technology and Revenue Model

The project generates revenue through NFT sales, marketplace fees, and virtual land transactions. While there is a staking mechanism, it operates on a profit-sharing model rather than interest-based returns.

Prohibited Activities Assessment

The gaming and metaverse elements do not involve gambling mechanics or chance-based rewards. All transactions involve actual asset ownership and value exchange through the trading of NFTs, virtual land, and in-game items.

Crypto Impact

To assign a comfort level investing in BurgerCities 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 BurgerCities.

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.