FEAR
Crypto Overview
Overview
FEAR is the native token of Fear NFTs and Gaming, a blockchain gaming platform focused on horror-themed games and NFTs. The token serves multiple utilities within their ecosystem.
Purpose and Utility
The FEAR token is designed to serve as the primary currency within the Fear gaming ecosystem. It is used for purchasing NFTs, accessing games, and participating in the platform's governance. The token has actual utility in enabling transactions and access to gaming content.
Business Model
The project focuses on developing and publishing horror-themed blockchain games and NFTs. The business model appears transparent and involves legitimate gaming and digital asset transactions. There is no evidence of gambling mechanics or interest-based activities in their core offerings.
Real-World Adoption
The platform has launched several games and NFT collections. While adoption remains relatively modest, there is evidence of active usage for its intended purposes within the gaming ecosystem.
Development Activity
The project maintains regular development updates and continues to expand its gaming portfolio. The team regularly communicates progress through official channels and demonstrates ongoing commitment to platform development.
Token Distribution
Token distribution appears reasonably balanced between team, development fund, and public allocation. Vesting schedules are in place for team tokens, showing consideration for long-term project sustainability.
Crypto Impact
To assign a comfort level investing in FEAR 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 FEAR.
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.