Heavenland
Crypto Overview
Purpose and Utility
Heavenland (HTO) is a metaverse project launched on the Ethereum blockchain that aims to create a virtual world with various districts where users can own, develop, and trade virtual real estate. The HTO token serves as the native currency for transactions within the Heavenland ecosystem, including purchasing virtual land, in-game assets, and participating in governance decisions.
Business Model Evaluation
The project focuses on creating a decentralized virtual world where users can genuinely own and trade digital assets. The core business model revolves around virtual real estate ownership and development, which aligns with halal principles as it involves actual ownership and transfer of digital assets.
Real-World Adoption
Current adoption appears to be in early stages. While the project has launched its initial virtual land sales, the ecosystem is still under development. Trading activity primarily occurs on decentralized exchanges.
Platform Development
Development activity can be observed through the project's GitHub repository, showing regular updates to the platform's infrastructure. The team maintains an active development roadmap with planned features and improvements.
Token Distribution
The token distribution includes allocations for development (30%), ecosystem growth (25%), team and advisors (20%), public sale (15%), and community rewards (10%). Team tokens are subject to a vesting period of 24 months with a 6-month cliff.
Crypto Impact
To assign a comfort level investing in Heavenland 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 Heavenland.
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.