Dragon Kart
Crypto Overview
Overview
Dragon Kart is a play-to-earn racing game built on blockchain technology. The KART token serves as the in-game currency and governance token for the Dragon Kart ecosystem.
Purpose and Utility
The primary stated purpose of KART is to facilitate in-game transactions, reward players, and enable governance participation in the Dragon Kart ecosystem. Players can use KART tokens to purchase in-game assets, customize their racing karts, and participate in tournaments.
Business Model Analysis
The project's business model revolves around gaming and virtual asset ownership. Unlike traditional betting or gambling platforms, Dragon Kart involves skill-based gameplay where players own actual digital assets and compete based on their racing abilities. The game mechanics involve real asset ownership and transfer of value through gameplay rewards.
Development and Adoption
The project appears to be in active development, with regular updates to the gaming platform. While adoption metrics are limited, this is not a concern from a Shariah compliance perspective as the project demonstrates legitimate utility through its gaming ecosystem.
Token Distribution
Dragon Kart implements a token distribution model with allocations for gameplay rewards, development, and ecosystem growth. While exact distribution details are limited in public documentation, the token serves clear utility purposes within the gaming ecosystem.
Crypto Impact
To assign a comfort level investing in Dragon Kart 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 Dragon Kart.
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.