Exverse
Crypto Overview
Purpose and Utility
Exverse (EXVG) is a blockchain gaming metaverse project that aims to create an open-world gaming ecosystem where players can own, trade, and monetize in-game assets as NFTs. The EXVG token serves as the primary utility token within the Exverse ecosystem, used for governance, in-game purchases, and rewards.
Business Model Analysis
The project's business model centers around creating a gaming platform where users can engage in legitimate gaming activities while maintaining ownership of their digital assets. The platform does not involve gambling, interest-based activities, or prohibited content.
Development and Platform Activity
The project is in its early stages of development. The team has released a project roadmap and is actively working on the gaming platform. While current utility is limited, this is expected for a project in development.
Token Distribution
Token distribution includes allocations for development (20%), team (15%), marketing (10%), and public sale (55%). Team tokens are subject to a vesting schedule over 24 months, indicating a long-term commitment to the project.
Technology and Revenue Model
The platform's revenue model is based on legitimate exchange of digital assets and service fees from in-game transactions. The project does not involve lending or interest-bearing mechanisms.
Crypto Impact
To assign a comfort level investing in Exverse 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 Exverse.
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.