Gamepass Network
Crypto Overview
Overview
Gamepass Network (GPN) is a blockchain-based gaming platform that aims to create an ecosystem for gaming assets and NFTs. The project intends to facilitate the trading of in-game items and enable cross-game asset compatibility.
Purpose and Utility
The stated purpose of GPN is to serve as a utility token within the Gamepass Network ecosystem, enabling transactions for gaming assets, NFT trading, and platform governance. The token is designed to be used for purchasing in-game items, trading NFTs, and participating in platform governance decisions.
Current Implementation and Usage
The project appears to be in its early stages of development. While the token exists and trading is possible, the gaming platform and NFT marketplace functionalities are still under development. Current usage primarily revolves around trading on decentralized exchanges.
Development Activity and Team
Development activity appears minimal based on public repositories. The team maintains some level of communication through social media channels, though detailed technical updates are infrequent. The project's whitepaper outlines ambitious goals, but implementation progress is difficult to verify.
Token Distribution
Token distribution information shows a relatively concentrated initial allocation, with significant portions reserved for the team and development fund. Vesting schedules for team tokens are in place, though specific details are limited.
Crypto Impact
To assign a comfort level investing in Gamepass Network 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 Gamepass Network.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
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Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
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