Exeedme
Crypto Overview
Purpose and Utility
Exeedme is a blockchain-powered gaming platform that aims to allow gamers to earn rewards through competitive gaming and tournaments. The XED token serves as the native utility token for the platform, used for tournament entry fees, rewards distribution, and governance.
Business Model Analysis
The platform's business model revolves around competitive gaming and skill-based tournaments, where players can earn rewards based on their performance. This model appears to be based on legitimate competition rather than chance-based gambling. The platform focuses on popular competitive games like CS:GO and League of Legends.
Real-World Adoption
The platform has shown limited adoption since its launch. While there have been some tournaments and events hosted on the platform, the overall usage remains relatively modest. The project has established partnerships with various gaming organizations and esports teams.
Development Activity
The project maintains active development, with regular updates to their platform and infrastructure. The team continues to work on expanding the game library and improving the user experience.
Token Distribution
The token distribution includes allocations for the team, advisors, and early investors, with vesting periods in place to prevent immediate dumping. The project maintains transparency regarding token allocations and vesting schedules.
Crypto Impact
To assign a comfort level investing in Exeedme 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 Exeedme.
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.