GAMEE
Crypto Overview
Overview
GAMEE is a gaming rewards token that powers the Arc8 mobile gaming platform. The GMEE token serves as the primary utility token within the Arc8 ecosystem, enabling users to participate in skill-based gaming tournaments and earn rewards.
Purpose and Utility
The intended purpose of GMEE is to serve as a utility token within the Arc8 gaming platform. Users can use GMEE to enter tournaments, receive rewards for winning games, and participate in the platform's governance. The current usage aligns with these stated purposes.
Business Model Evaluation
The platform focuses on skill-based gaming rather than chance-based gambling. Players compete in tournaments where outcomes are determined by player ability rather than random chance. The platform generates revenue through tournament entry fees and partnership integrations.
Real-World Adoption
Arc8 has maintained an active user base, with regular tournaments and consistent gameplay activity. The platform has established partnerships with various game developers and continues to expand its game offerings.
Development Activity
The development team regularly updates the platform and adds new games. The project maintains active GitHub repositories and regularly implements platform improvements.
Token Distribution and Vesting
The token distribution includes allocations for the team, development, and community rewards. Vesting schedules are in place for team tokens to prevent immediate selling.
Revenue Model Analysis
The primary revenue streams come from skill-based gaming tournaments where players compete based on their abilities. The platform does not involve interest-bearing mechanisms or gambling activities.
Crypto Impact
To assign a comfort level investing in GAMEE 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 GAMEE.
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.