DEEPSPACE
Crypto Overview
Project Overview
DeepSpace (DPS) is a metaverse and NFT gaming project built on the Binance Smart Chain. The project aims to create a space exploration game where players can collect ships, battle, explore, and trade within a virtual universe.
Intended Utility
The DPS token serves as the in-game currency and governance token for the DeepSpace ecosystem. It is used for purchasing NFT spaceships, upgrading vessels, participating in governance decisions, and facilitating player-to-player transactions within the game economy.
Current Implementation and Usage
The project appears to have limited development activity in recent months. While the initial concept included gaming and NFT functionality, current usage appears primarily concentrated on trading activity.
Business Model Analysis
The core business model revolves around gaming and digital asset ownership, which are permissible activities from an Islamic perspective. The project does not involve interest-bearing mechanisms or explicitly prohibited activities.
Token Distribution and Governance
Token distribution information shows a relatively fair launch model without excessive concentration among founders. There are no apparent predatory vesting schedules or concerning token distribution patterns that would suggest a scheme to enrich founders.
Crypto Impact
To assign a comfort level investing in DEEPSPACE 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 DEEPSPACE.
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.
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