GamesPad
Crypto Overview
Overview
GamesPad is a gaming-focused cryptocurrency and platform that aims to serve as a holistic gaming ecosystem. It presents itself as a decentralized gaming incubator and launchpad platform with NFT functionality.
Purpose and Utility
The stated purpose of GMPD is to serve as a utility token within the GamesPad ecosystem, enabling users to participate in gaming project launches, NFT sales, and governance decisions. Token holders can also stake GMPD for various platform benefits.
Business Model Analysis
The platform focuses on legitimate gaming industry development and project incubation, which aligns with halal principles as it involves real value creation and exchange. The core business model does not involve gambling, interest-based lending, or prohibited content.
Development and Adoption
GamesPad shows ongoing development activity with regular updates to their platform. The ecosystem has launched several gaming projects and maintains partnerships within the gaming industry.
Token Distribution
The token distribution includes allocations for the team, advisors, and early investors with standard vesting periods. While detailed vesting information is publicly available, the distribution structure appears typical for projects of this nature.
Crypto Impact
To assign a comfort level investing in GamesPad 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 GamesPad.
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.