Elixir Games
Crypto Overview
Project Overview
Elixir Games is a blockchain gaming ecosystem that aims to develop and publish Web3 games. The ELIX token serves as the native currency within their gaming platform, intended for in-game purchases, rewards, and governance.
Purpose and Utility
The primary stated purpose of ELIX is to serve as a utility token within the Elixir Games ecosystem. It's designed to facilitate transactions between players and game developers, enable participation in governance decisions, and provide rewards for gaming achievements.
Business Model Evaluation
The business model appears to focus on legitimate gaming utility rather than gambling or chance-based mechanics. The platform emphasizes skill-based gaming and digital asset ownership, which aligns with halal principles.
Real-World Adoption
While the project is still in its early stages, the team has launched several games on their platform. Current usage metrics indicate limited but growing adoption among gaming communities.
Platform Development
The project maintains active development with regular updates to their gaming platform and ecosystem. The team consistently releases progress reports and maintains transparent communication about development milestones.
Token Distribution
Token distribution information indicates a reasonable allocation between team, development fund, and public sale. Team tokens are subject to vesting periods, showing commitment to long-term development.
Crypto Impact
To assign a comfort level investing in Elixir Games 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 Elixir Games.
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.