Hatchyverse
Crypto Overview
Purpose and Utility
Hatchyverse is a blockchain gaming ecosystem built on the Avalanche network. The HATCHY token serves as the primary utility token within the Hatchyverse gaming ecosystem, used for gameplay mechanics, NFT trading, and ecosystem governance.
Business Model Analysis
The platform focuses on gaming and NFT collecting activities. The business model appears to be based on providing entertainment value through blockchain gaming while enabling players to own and trade in-game assets. No evidence was found of involvement in prohibited activities such as gambling, interest-based lending, or adult content.
Real-World Adoption
The project maintains active development and community engagement, primarily through their gaming platform. While adoption metrics are modest, the project continues to operate and maintain its core gaming functionality.
Platform Development
Development activity appears ongoing, with regular updates to the gaming platform and ecosystem. The project maintains transparency through public development updates and community engagement.
Token Distribution and Founder Analysis
Token distribution information shows a relatively standard allocation pattern for gaming tokens. No concerning patterns were identified in terms of founder holdings or vesting schedules that would suggest a scheme to enrich founders.
Crypto Impact
To assign a comfort level investing in Hatchyverse 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 Hatchyverse.
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.