Equilibrium Games
Crypto Overview
Purpose and Utility
Equilibrium Games (EQ) is a token designed to power a blockchain gaming ecosystem focused on skill-based competitive gaming. The token serves multiple utilities including gameplay rewards, governance rights over the platform's development, and as the primary in-game currency.
Business Model Analysis
The platform focuses on competitive gaming where players can earn rewards based on skill rather than chance. The business model appears to revolve around organizing tournaments, facilitating player-vs-player matches, and providing infrastructure for competitive gaming.
Real-World Adoption
The project is still in early stages of development with limited adoption. While the gaming platform is operational, the current usage primarily revolves around trading on decentralized exchanges.
Platform Development
The development team maintains regular updates to the gaming platform and ecosystem. GitHub repositories show consistent activity, indicating ongoing technical development.
Token Distribution
The token distribution includes allocations for team members and development, with vesting periods in place to prevent immediate selling. A significant portion is allocated for community rewards and ecosystem development.
Revenue Model
The platform generates revenue through tournament fees and platform services, not through interest-bearing mechanisms or gambling activities. The competitive gaming aspect is based on skill rather than chance.
Crypto Impact
To assign a comfort level investing in Equilibrium 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 Equilibrium 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”.
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