Cyberpunk City
Crypto Overview
Project Overview
Cyberpunk City (CYBER) is a metaverse gaming project that aims to create an immersive virtual world with cyberpunk aesthetics. The CYBER token serves as the in-game currency and governance token for the ecosystem.
Utility Assessment
The token's primary utilities include: purchasing virtual land and assets within the metaverse, participating in governance decisions, accessing exclusive content and events, and facilitating peer-to-peer transactions within the game ecosystem.
Business Model Analysis
The project generates revenue through NFT sales, virtual land sales, and marketplace fees. These activities align with Islamic principles as they involve actual exchange of digital assets and creation of utility.
Development & Adoption
The project shows active development with regular updates to their platform. While adoption is still in early stages, there is evidence of growing community engagement and increasing transaction volumes for virtual land and NFT purchases.
Token Distribution
The token distribution includes allocations for development (30%), ecosystem growth (25%), team (15%), marketing (10%), and public sale (20%). Team tokens are subject to a 2-year vesting period with monthly unlocks.
Technology Review
The platform operates on a standard blockchain protocol without any interest-bearing mechanisms. The gaming elements are skill-based rather than chance-based, avoiding gambling mechanics.
Crypto Impact
To assign a comfort level investing in Cyberpunk City 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 Cyberpunk City.
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.