Decentral Games
Crypto Overview
Purpose and Utility
Decentral Games (DG) is a governance token for a metaverse gaming platform built on Polygon. The token's primary utility is for governance voting on the platform's development and operations. It is also used as a reward token within their play-to-earn gaming ecosystem, particularly in their virtual casino games.
Business Model Analysis
The core business model revolves around metaverse gaming and casino operations. The platform primarily offers poker, blackjack, slots, and other casino-style games where users can win DG tokens. This represents a significant concern from a Shariah perspective as gambling activities are explicitly prohibited in Islam.
Real-World Adoption
The platform has seen meaningful adoption within the play-to-earn gaming space, with active users participating in their virtual casino ecosystem. The platform has established partnerships with Decentraland and has integrated with various metaverse projects.
Platform Development
The project maintains active development, with regular updates to their gaming platform and ecosystem. However, the primary focus remains on casino-style gaming operations.
Token Distribution and Governance
The token serves a legitimate governance purpose, allowing holders to participate in platform decisions. However, this utility is overshadowed by its primary use in gambling activities.
Crypto Impact
To assign a comfort level investing in Decentral Games 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 Decentral Games.
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.