Everdome
Crypto Overview
Overview
Everdome is a metaverse project built on the Unreal Engine 5, aiming to create a hyper-realistic virtual world. The project's native token, DOME, is utilized for governance, in-game purchases, and accessing various features within the Everdome metaverse.
Intended Utility
The DOME token is designed to serve multiple purposes within the Everdome ecosystem: governance rights, purchasing virtual land and assets, accessing exclusive features, and participating in the metaverse economy. The project aims to create a Mars-themed metaverse experience with various use cases including virtual real estate, social interactions, and commercial activities.
Actual Utility and Development
The project has shown consistent development activity, with regular updates to their platform and technology stack. The team has released several phases of their metaverse, including land sales and various interactive features. While the project is still in development, there is evidence of actual utility being created through the implementation of virtual environments and asset ownership systems.
Token Distribution and Governance
The token distribution includes allocations for development (20%), marketing (15%), team (10%), and public sale (55%). Team tokens are subject to a vesting schedule, indicating some protection against immediate selling pressure from insiders. The project maintains transparency regarding token allocation and usage.
Technology and Revenue Model
Everdome's technology stack is built on legitimate blockchain infrastructure, utilizing smart contracts for digital asset ownership and transactions. The revenue model is based on virtual asset sales and platform fees, which are compliant with Islamic finance principles as they involve actual asset exchange and value creation.
Crypto Impact
To assign a comfort level investing in Everdome 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 Everdome.
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.