Guild of Guardians

Halal Rating :
Questionable
Last Price $0.04 Last updated:
Rank 812
1D Change -2.22 %
Market Cap $26.18m
Circulating supply 667,217,335
Maximum supply 1,000,000,000

Crypto Overview

Categories
  • Gaming
  • Entertainment
  • Play To Earn

Intended Utility

Guild of Guardians is a mobile RPG game being developed on the Ethereum blockchain by Immutable Games Studio. The GOG token serves as the primary in-game currency and governance token for the Guild of Guardians ecosystem. Its intended utility includes purchasing in-game assets, crafting items, participating in governance decisions, and rewarding players for their participation in the game economy.

Business Model Analysis

The business model revolves around a play-and-earn gaming ecosystem where players can earn rewards through skilled gameplay and asset trading. The game emphasizes collaborative gameplay through guilds and features NFT-based characters and items. The model appears transparent with clear documentation and regular development updates.

Actual Utility Assessment

The game is still in development with alpha testing phases ongoing. While the token exists, its practical utility is currently limited as the full game has not launched. Development activity is regular with frequent updates from Immutable Games Studio. The project has established partnerships with major gaming guilds and esports organizations.

Token Distribution and Founder Analysis

Total token supply is 2 billion GOG. The distribution includes: 35% for play-and-earn rewards, 20% for ecosystem development, 15% for private sale, 10% for public sale, 10% for team and advisors, and 10% for company reserve. Team tokens have a 3-year vesting period with a 12-month cliff. The project demonstrates strong focus on development over marketing hype.

Technology and Revenue Model

The technology stack is built on Immutable X, a Layer 2 scaling solution for Ethereum, providing gas-free NFT minting and trading. The revenue model is based on NFT sales and marketplace fees, avoiding interest-based mechanisms. The game mechanics do not involve gambling elements or chance-based rewards that would constitute maisir.

Crypto Impact

To assign a comfort level investing in Guild of Guardians 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 Guild of Guardians.

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Justification for our Halal Rating