Enjinstarter
Crypto Overview
Purpose and Utility
Enjinstarter (EJS) is a decentralized launchpad and accelerator platform built on multiple blockchains. The token is designed to provide access to early-stage blockchain gaming, NFT, and metaverse project investments. EJS token holders can participate in Initial DEX Offerings (IDOs) and get priority access to gaming NFT sales.
Business Model Analysis
The platform's core business model revolves around vetting and launching new blockchain gaming projects, which aligns with halal principles as it involves legitimate business facilitation and real asset exchange. The platform does not engage in interest-bearing activities or gambling.
Real-World Adoption
Enjinstarter has successfully launched multiple gaming and NFT projects. The platform has established partnerships with various blockchain gaming studios and maintains an active ecosystem of users participating in token launches and NFT sales.
Development Activity
The project maintains regular development updates and platform improvements. The team actively manages the launchpad platform and continues to onboard new projects.
Token Distribution and Vesting
The token distribution includes vesting periods for team members and early investors, showing commitment to long-term development rather than short-term gains. The project maintains transparency regarding token allocations and vesting schedules.
Crypto Impact
To assign a comfort level investing in Enjinstarter 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 Enjinstarter.
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.