EPIK Prime
Crypto Overview
Overview
EPIK Prime is a cryptocurrency and platform focused on NFTs and digital collectibles in the gaming and entertainment industry. The EPIK token serves as the native utility token for the EPIK ecosystem.
Purpose and Utility
The intended purpose of EPIK is to facilitate transactions within their NFT marketplace and gaming ecosystem. The token is used for purchasing NFTs, accessing exclusive content, and participating in the platform's governance.
Business Model Evaluation
The core business model revolves around creating and trading digital collectibles, particularly in gaming. The platform partners with game developers and entertainment companies to create licensed NFTs. This basic model aligns with halal principles as it involves the exchange of digital assets with clear ownership rights.
Development and Adoption
The project maintains ongoing development activity and has established partnerships with various gaming companies. While adoption remains relatively limited, the platform continues to expand its ecosystem through new partnerships and NFT launches.
Token Distribution and Governance
The token distribution includes allocations for development, marketing, and ecosystem growth. There are vesting schedules in place for team tokens, which demonstrates some level of commitment to long-term development.
Crypto Impact
To assign a comfort level investing in EPIK Prime 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 EPIK Prime.
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.