CyberDragon Gold
Crypto Overview
Overview
CyberDragon Gold (GOLD) is a token created on the BNB Chain that aims to serve the CyberDragon gaming ecosystem. The project claims to be building a play-to-earn game with NFT functionality.
Purpose and Utility
The stated purpose of GOLD is to serve as the in-game currency for the CyberDragon gaming platform, where players can use it to purchase in-game items, trade NFTs, and participate in the game economy.
Current Status
Based on available data, the project appears to be in a very early development stage with limited actual utility at present. The token primarily exists as a tradeable asset on decentralized exchanges.
Development Activity
Public information about development progress and team activity is sparse. The project's social media presence and development updates are minimal.
Token Distribution
Information about token distribution and vesting schedules is not publicly available, which creates some transparency concerns. However, this alone does not make the token haram.
Business Model Analysis
The core business model of creating a gaming ecosystem with tradeable assets is permissible from an Islamic perspective. The game itself does not appear to involve gambling mechanics or other prohibited activities.
Crypto Impact
To assign a comfort level investing in CyberDragon Gold 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 CyberDragon Gold.
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.