Decentral Games Governance (xDG)

Halal Rating :
Comfortable
Last Price $0.0053 Last updated:
Rank 8212
1D Change 34.96 %
Market Cap -
Circulating supply 0
Maximum supply 280,077,485

Crypto Overview

Categories
  • Gaming
  • Ethereum Ecosystem
  • Metaverse
  • DCG Portfolio
  • Polygon Ecosystem

Overview

Decentral Games Governance (xDG) is the governance token for Decentral Games, a platform focused on blockchain-based gaming and metaverse experiences. The token grants holders voting rights on platform decisions and protocol changes.

Purpose and Utility

The primary purpose of xDG is to provide governance rights within the Decentral Games ecosystem. Token holders can participate in decision-making processes regarding platform development, treasury management, and protocol updates.

Business Model Analysis

The platform's business model centers around metaverse gaming experiences and governance participation. While the gaming aspect requires careful evaluation, the governance utility itself aligns with permissible activities in Islamic finance as it represents real ownership and participation rights.

Real-World Adoption

The project shows active governance participation through their DAO structure, though specific usage metrics are limited. The token maintains its primary utility as a governance mechanism for the Decentral Games ecosystem.

Development Activity

The project maintains ongoing development activity, with regular updates to their platform and governance mechanisms. The team continues to work on expanding the ecosystem's functionality and improving governance processes.

Token Distribution

The token distribution includes allocations for governance participants, team members, and the treasury. While exact percentages are not publicly available, the distribution mechanism appears to be structured to support long-term platform governance.

Rating Justification

Member Vote

Agree: 0 Disagree: 0

Login to vote on this

Comments

0 Comments

Login to join the discussion