DeFi Kingdoms

Halal Rating :
Questionable
Last Price $0.14 Last updated:
Rank 968
1D Change -1.63 %
Market Cap $15.44m
Circulating supply 114,339,535
Maximum supply None

Crypto Overview

Categories
  • Collectibles & NFTs
  • Gaming
  • Harmony Ecosystem

DeFi Kingdoms blends the appeal of decentralized finance and the current rise of Play-to-Earn economics. It is live on the Harmony ONE network. The JEWEL token is used to purchase useful items and unique NFTs such as Heroes and Kingdoms in the game, as well as various in-game items. Not only is the token used in-game, it is also used for liquidity mining to earn more through staking. JEWEL is also a governance token so holders will have a say in the growth and evolution of the project. Coming phases will release Collectable Hero NFTs with multiple utility cases (including PvP and PvE, and early unlocking of pool rewards) and the release of a limited supply of lands that can be developed and used for resource gathering and NFT equipment crafting.

Crypto Impact

To assign a comfort level investing in DeFi Kingdoms 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 DeFi Kingdoms.

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.

Justification for our Halal Rating