catgirl

Halal Rating :
Comfortable
Last Price $0.00 Last updated:
Rank 2013
1D Change 7.04 %
Market Cap $667358.37
Circulating supply 35,386,785,715,250,800
Maximum supply 100,000,000,000,000,000

Crypto Overview

Categories
  • BNB Chain

Project Overview

Catgirl is a cryptocurrency token launched on the Binance Smart Chain that combines NFTs, gaming elements, and anime-style art. The project aims to create an ecosystem around collectible NFT characters and play-to-earn gaming mechanics.

Intended Utility

The token's primary intended utilities are: governance rights for ecosystem decisions, NFT marketplace transactions, and in-game currency for their planned gaming ecosystem. The project incorporates NFT farming and staking mechanisms.

Actual Utility & Adoption

Current usage primarily revolves around NFT trading and speculation rather than the intended gaming utility, as the gaming components remain in development. The project has released NFT collections and a marketplace, but the broader gaming ecosystem is not yet fully realized.

Token Distribution & Governance

The token distribution shows significant concentration, with large portions allocated to the development team and marketing. Some concerns exist regarding the vesting schedule transparency. Marketing efforts appear to heavily emphasize the token's speculative aspects rather than technological development.

Development Activity

While there is ongoing development activity, progress on key features has been slower than initially roadmapped. The team maintains regular communications through social media and community channels, but technical documentation is limited.

Revenue Model

The project generates revenue through NFT sales and marketplace fees. The mechanism does not involve direct interest-bearing components, though some staking features exist.

Crypto Impact

To assign a comfort level investing in catgirl 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 catgirl.

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Justification for our Halal Rating