Everdome

Halal Rating :
Comfortable
Last Price $0.00 Last updated:
Rank 1473
1D Change -4.24 %
Market Cap $3.82m
Circulating supply 18,998,841,067
Maximum supply 100,000,000,000

Crypto Overview

Categories
  • Metaverse

Everdome is a metaverse project built on the Binance Smart Chain (BSC) that aims to create a hyper-realistic digital world focused on Mars colonization. The project was launched by Rob Gryn, who also founded Metahero.

The DOME token serves as the primary utility token within the Everdome ecosystem, intended for purchasing virtual land, digital assets, and accessing various metaverse experiences. The token launched in early 2022.

Intended utilities include:

  1. Currency for virtual land and asset purchases within the Everdome metaverse
  2. Governance rights for ecosystem decisions
  3. Access to exclusive metaverse experiences and events
  4. Payment for advertising space in the virtual world

Current development activity appears minimal based on public GitHub repositories. Marketing efforts have significantly decreased since 2022. The project has faced criticism for focusing more on token sales than actual platform development.

Token distribution shows concerning centralization:

  1. 40% allocated to private sale
  2. 15% to team and advisors
  3. 10% to marketing
  4. 35% to public sale and ecosystem

While partnerships were announced with several entities including Alfa Romeo F1 Team ORLEN, there is limited evidence of active implementation or real-world utility being achieved. The primary usage appears to be speculative trading rather than the intended metaverse utility.

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.

Justification for our Halal Rating