FOMO 3D
Crypto Overview
Project Overview
FOMO 3D appears to be a blockchain-based game that attempts to recreate the 2018 original FOMO3D game mechanics. The project is designed as a last-player-standing game where participants purchase keys and receive rewards.
Purpose and Utility
The stated purpose is to provide an entertainment platform through a game mechanism where players can participate in rounds by purchasing keys. However, the fundamental nature of the game appears to be a zero-sum scheme where players' gains come directly from other players' losses, with no underlying value creation or legitimate utility.
Business Model Analysis
The business model relies entirely on players buying in with the hope of being the last participant, with no genuine product, service, or utility being created or exchanged. The mechanism is designed to create artificial scarcity and urgency through a countdown timer that resets with each key purchase.
Real-World Adoption and Development
The project appears to be a recreation of the original FOMO3D game that was widely recognized as a gambling scheme. There is no evidence of legitimate development activity or improvements to create actual utility beyond the gambling mechanism.
Crypto Impact
To assign a comfort level investing in FOMO 3D 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 FOMO 3D.
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.
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