Seascape Crowns
Crypto Overview
Overview
Seascape Crowns (CWS) is the native utility token of the Seascape Network, a gaming platform built on multiple blockchains including Ethereum, Binance Smart Chain, and Polygon. The token is designed to serve multiple purposes within the Seascape gaming ecosystem.
Purpose and Utility
The intended purpose of CWS is to serve as a governance and utility token within the Seascape Network's gaming ecosystem. It is used for game rewards, staking, and participation in the platform's governance decisions. Players can earn CWS through gameplay and use it to purchase in-game assets.
Business Model Evaluation
The business model focuses on gaming and NFT integration. The platform allows users to earn rewards through gameplay and NFT trading. While gaming itself is permitted in Islam when no gambling is involved, it's important to note that Seascape's games do not involve gambling mechanics - they are skill-based games where players earn rewards through achievement and participation.
Real-World Adoption
The platform has launched several games including Profit Circus, Zombies Game, and Riverboat. While adoption remains relatively modest, there is genuine usage of the token within these games. The ecosystem continues to operate and maintain development activity, though at a measured pace.
Token Distribution and Governance
The token distribution includes allocations for the team, development, and community rewards. Team tokens have vesting schedules to prevent immediate selling. The project maintains transparent communication about token economics and usage.
Crypto Impact
To assign a comfort level investing in Seascape Crowns 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 Seascape Crowns.
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.