GAIA Everworld

Halal Rating :
Comfortable
Last Price $0.004 Last updated:
Rank 4383
1D Change 19.61 %
Market Cap -
Circulating supply 0
Maximum supply 500,000,000

Crypto Overview

Categories
  • Metaverse
  • Polygon Ecosystem
  • BullPerks Launchpad

Overview

GAIA Everworld is a multiplayer metaverse game built on the Polygon network where players can own, build, and adventure in a fantasy world. The GAIA token serves as the primary utility token within the ecosystem.

Purpose and Utility

The GAIA token is designed to facilitate in-game transactions, including: purchasing land and assets, trading NFT characters and items, participating in governance decisions, and earning rewards through gameplay and staking.

Business Model Analysis

The project generates revenue through NFT sales, marketplace fees, and in-game transactions. The core gaming activities and earning mechanisms appear to involve legitimate value exchange rather than gambling mechanics.

Real-World Adoption

The project is still in development with limited current usage. While trading activity exists on decentralized exchanges, the gaming platform itself is not yet fully operational.

Platform Development

Development activity is ongoing according to their roadmap, with regular updates to the gaming platform. The team maintains active communication through social media and community channels.

Token Distribution

The token distribution includes allocations for development (15%), team (12%), marketing (10%), and public sale (30%). Team tokens have vesting periods to prevent immediate selling.

Crypto Impact

To assign a comfort level investing in GAIA Everworld 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 GAIA Everworld.

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