Cantina Royale

Halal Rating :
Comfortable
Last Price $0.0031 Last updated:
Rank 2138
1D Change -4.16 %
Market Cap $755324.47
Circulating supply 243,183,445
Maximum supply 1,000,000,000

Crypto Overview

Project Overview

Cantina Royale is a free-to-play tactical shooting game built on the Elrond blockchain (now MultiversX). The CRT token serves as the primary utility token within the game's ecosystem.

Purpose and Utility

CRT tokens are designed to serve multiple functions within the Cantina Royale ecosystem: governance rights for holders, in-game currency for purchasing items and upgrades, rewards for players, and staking opportunities.

Business Model Analysis

The game operates on a play-to-earn model where players can earn rewards through gameplay. The core business activities involve gaming, NFT trading, and ecosystem participation - all of which are permissible activities from a Shariah perspective as they involve actual value exchange and asset ownership.

Development and Adoption

The project maintains active development with regular updates to both the game and its supporting infrastructure. While adoption metrics aren't publicly available in detail, the game remains operational with an active player base.

Token Distribution and Governance

The token distribution includes allocations for the team, development fund, marketing, and community rewards. Team tokens are subject to vesting periods, which helps align long-term incentives.

Crypto Impact

To assign a comfort level investing in Cantina Royale 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 Cantina Royale.

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.

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