CYBRIA
Crypto Overview
Overview
CYBRIA (CYBA) is a blockchain gaming and metaverse ecosystem project that aims to integrate blockchain technology with gaming experiences. The project's native token CYBA serves as the primary utility token within their ecosystem.
Purpose and Utility
The stated purpose of CYBA is to serve as the primary currency for transactions within the CYBRIA gaming ecosystem, including in-game purchases, NFT trading, and participation in their planned metaverse environment. The token is also intended to provide governance rights to holders.
Business Model Evaluation
The core business model revolves around gaming and digital asset ownership, which are permissible activities under Islamic principles. The project does not appear to facilitate any inherently haram activities such as gambling, interest-based lending, or adult content.
Development and Adoption
The project is in its early stages of development. While the gaming ecosystem is still under construction, the token is actively traded on decentralized exchanges. The development team maintains regular updates through their official channels.
Token Distribution
According to available information, the token distribution includes allocations for development, marketing, and community rewards. There are vesting schedules in place for team tokens, which shows some consideration for long-term project sustainability.
Crypto Impact
To assign a comfort level investing in CYBRIA 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 CYBRIA.
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.