GuildFi

Halal Rating :
Comfortable
Last Price $0.00 Last updated:
Rank 2740
1D Change 2.29 %
Market Cap $48065.66
Circulating supply 29,300,718
Maximum supply 1,000,000,000

Crypto Overview

Categories
  • Gaming
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  • Play To Earn
  • Animoca Brands Portfolio
  • Gaming Guild
  • SkyVision Capital Portfolio

Overview

GuildFi is a Web3 platform that aims to connect games, NFTs, and communities. It provides infrastructure for gaming guilds and features tools for game discovery, NFT management, and community building in the gaming ecosystem.

Purpose and Utility

The GF token serves multiple functions within the GuildFi ecosystem: governance rights for protocol decisions, staking for platform benefits, and access to exclusive features and opportunities within the gaming ecosystem. Token holders can participate in decision-making regarding platform development and guild management.

Business Model Analysis

The platform focuses on gaming infrastructure and community building, which are permissible activities under Islamic principles. The core business model revolves around facilitating legitimate gaming activities and community management, without involvement in gambling, interest-based activities, or other prohibited elements.

Real-World Adoption

GuildFi has established partnerships with various gaming projects and maintains active development of its platform features. The ecosystem shows regular activity in terms of governance participation and platform usage, though at moderate levels compared to larger platforms.

Token Distribution

The token distribution includes allocations for team members, development, community incentives, and public sale participants. Team tokens are subject to vesting periods, indicating some protection against quick sell-offs.

Development Activity

The project maintains regular development updates and platform improvements, suggesting genuine effort in building promised functionalities rather than purely focusing on token value.

Crypto Impact

To assign a comfort level investing in GuildFi 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 GuildFi.

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.