Crypto Royale
Crypto Overview
Overview
Crypto Royale is a skill-based browser game where players compete in a battle royale format. The ROY token serves as the native cryptocurrency of the game's ecosystem, built on the Harmony blockchain.
Purpose and Utility
The primary purpose of ROY is to serve as the in-game currency and reward token for Crypto Royale players. Players can earn ROY tokens by winning matches, participating in tournaments, and through daily rewards. The token has clear utility within the game's ecosystem, being used for purchasing in-game items, participating in tournaments, and governance voting.
Business Model Evaluation
The game's business model is based on skill-based gameplay rather than chance, with players competing directly against each other using strategy and reflexes. Players own their earned tokens and can trade them freely. The game doesn't incorporate gambling mechanics or interest-bearing elements.
Real-World Adoption
The game maintains an active player base with regular tournaments and daily activities. The ROY token has legitimate trading volume on decentralized exchanges, primarily VipeSwap on the Harmony network.
Development Activity
The project shows consistent development activity with regular updates to the game, new features, and community engagement. The team maintains transparency through their Discord channel and official announcements.
Token Distribution
ROY tokens are primarily distributed through gameplay rewards, with no significant concentration in founder or developer wallets. The token distribution model favors active players and community participants.
Crypto Impact
To assign a comfort level investing in Crypto 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 Crypto 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.
You can change your vote if you change your mind.