Creo Engine

Halal Rating :
Comfortable
Last Price $0.024 Last updated:
Rank 1225
1D Change -12.70 %
Market Cap $9.66m
Circulating supply 400,026,900
Maximum supply 1,000,000,000

Crypto Overview

Categories
  • Collectibles & NFTs
  • Gaming
  • Ethereum Ecosystem
  • BNB Smart Chain
  • Solana Ecosystem
  • Metaverse
  • Play To Earn

Overview

Creo Engine is a blockchain platform designed to facilitate the development and deployment of Web3 games. The CREO token serves as the native utility token of the ecosystem, used for governance, staking, and transactions within the platform.

Purpose and Utility

The primary stated purpose of CREO is to power a gaming ecosystem that enables developers to create and monetize blockchain games. The token is used for platform governance, developer incentives, and in-game transactions.

Business Model Analysis

The platform's business model focuses on providing infrastructure for game development and deployment, which aligns with halal principles as it involves the exchange of real value and services. The platform does not inherently involve any prohibited activities like interest-based lending or gambling.

Real-World Adoption

While the project is still in its early stages, there is evidence of ongoing development activity and partnerships with game developers. The ecosystem is actively being built, though current usage remains limited.

Token Distribution and Vesting

The token distribution includes allocations for development, ecosystem growth, and team incentives. Vesting schedules are in place for team tokens, indicating some protection against immediate selling pressure.

Crypto Impact

To assign a comfort level investing in Creo Engine 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 Creo Engine.

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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