Dragoma

Halal Rating :
Uncomfortable
Last Price $0.00025 Last updated:
Rank 8930
1D Change -2.01 %
Market Cap -
Circulating supply 0
Maximum supply 42,000,000

Crypto Overview

Categories
  • Polygon Ecosystem

Overview

Upon thorough investigation, it appears that Dragoma (DMA) was a cryptocurrency gaming project that was exposed as a scam in August 2022. The project disappeared with user funds in what is known as a 'rug pull' scheme.

Intended Purpose

Dragoma marketed itself as a move-to-earn gaming platform where users could allegedly earn DMA tokens through physical activity tracking and gameplay. The project claimed to combine gaming elements with fitness tracking and NFT components.

Business Model & Implementation

The project never delivered on its promised utility. Instead, founders disappeared with investor funds shortly after the initial token launch. No actual gaming or fitness tracking platform was ever developed or deployed.

Real-World Adoption

The project had no legitimate adoption. After the rug pull incident, the token's value dropped to zero and trading ceased on all platforms. The development team vanished and the project's social media accounts and website were deleted.

Development Activity

There was no genuine development activity. The project appears to have been created solely to defraud investors.

Crypto Impact

To assign a comfort level investing in Dragoma 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 Dragoma.

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