Chains of War
Crypto Overview
Overview
Chains of War (MIRA) is a blockchain-based play-to-earn gaming cryptocurrency launched in late 2023. The project aims to create a gaming ecosystem where players can earn rewards through gameplay and NFT trading.
Purpose and Utility
The primary stated purpose of MIRA is to serve as the in-game currency for the Chains of War gaming ecosystem. Players can use MIRA tokens to purchase in-game items, trade NFTs, and earn rewards through gameplay achievements.
Business Model Analysis
The project's business model centers around gaming and NFT trading. The game itself does not appear to involve gambling mechanics or interest-based systems. Players earn tokens through legitimate gameplay activities and can trade in-game assets.
Development and Adoption
The project is in its early stages with limited adoption. The development team appears to be actively working on the gaming platform, though specific details about development milestones are limited. The project maintains an active social media presence and community engagement.
Token Distribution
Token distribution information and vesting schedules are publicly available. A portion of tokens is allocated to development, marketing, and ecosystem growth.
Crypto Impact
To assign a comfort level investing in Chains of War 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 Chains of War.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
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Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
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