DEXGame
Crypto Overview
Purpose and Utility
DEXGame (DXGM) is a gaming-focused cryptocurrency that aims to serve as the native token for the DEXGame ecosystem, a platform for gaming and NFT trading. The token is designed to facilitate transactions within the gaming platform, including game asset purchases, NFT trading, and rewards for platform participation.
Business Model Analysis
The project's business model centers around gaming and NFT trading. While gaming itself is generally permissible in Islam when not involving gambling elements, careful examination of the platform's specific games and features is necessary. The platform primarily focuses on skill-based gaming and NFT trading, which represents actual asset ownership and transfer.
Current Usage and Adoption
The project shows limited but growing adoption. The token is actively traded on several decentralized exchanges, and the platform has begun implementing its gaming features. While trading volume is moderate, there is evidence of genuine utility in the form of NFT transactions and gaming activities.
Platform Development
Development activity appears to be ongoing, with regular updates to the platform's infrastructure. The project maintains an active GitHub repository and has released several updates to its gaming features and NFT marketplace.
Token Distribution
Token distribution shows a reasonable allocation structure with approximately 30% reserved for development and team members, subject to vesting periods. The remaining tokens are distributed among the community, liquidity pools, and strategic reserves.
Crypto Impact
To assign a comfort level investing in DEXGame 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 DEXGame.
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.