Gamerse

Halal Rating :
Comfortable
Last Price $0.00016 Last updated:
Rank 2874
1D Change -10.88 %
Market Cap $27143.62
Circulating supply 170,157,314
Maximum supply 1,000,000,000

Crypto Overview

Categories
  • Ethereum Ecosystem
  • Polygon Ecosystem
  • Oxbull

Purpose and Utility

Gamerse (LFG) presents itself as a social platform and NFT marketplace aggregator focused on gaming and NFT communities. The project aims to create a unified social platform where gamers and NFT enthusiasts can discover, share, and trade digital assets across multiple blockchains.

Business Model Assessment

The platform's business model appears to focus on legitimate activities including: NFT trading, social networking for gamers, and cross-chain marketplace aggregation. These core functions don't inherently involve prohibited activities like gambling or interest-based lending.

Real World Adoption

Current adoption appears limited, with relatively low trading volume and social engagement. However, the project has maintained development activity and community engagement through their social channels.

Platform Development

The project shows ongoing development efforts, particularly in building their NFT marketplace aggregator and social features. The team maintains regular updates through their official channels, though development pace appears moderate.

Token Distribution and Founder Analysis

The token distribution includes vesting periods for team and advisors, which helps align long-term incentives. Marketing efforts appear balanced with development activities, suggesting a focus on sustainable growth rather than short-term price manipulation.

Additional Considerations

The core functionalities of NFT trading and social networking don't involve riba or gambling mechanisms. The platform's focus on gaming and NFT communities appears to avoid facilitation of prohibited industries or activities.

Crypto Impact

To assign a comfort level investing in Gamerse 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 Gamerse.

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