Heroes Chained
Crypto Overview
Overview
Heroes Chained is a blockchain-based gaming ecosystem built on the Avalanche network. The project implements a play-to-earn (P2E) model where players can collect heroes, form guilds, and participate in various game activities.
Purpose and Utility
The HEC token serves as the primary utility token within the Heroes Chained ecosystem. Its main purposes include: governance rights for token holders, in-game purchases and rewards, and marketplace transactions for NFT heroes and items.
Business Model Assessment
The core business model revolves around gaming and NFT trading, which are permissible activities from an Islamic perspective as they involve actual asset ownership and value exchange. The game does not implement gambling mechanics or interest-bearing systems.
Development and Adoption
The project shows ongoing development activity with regular updates to their gaming platform. While adoption is still in early stages, this does not impact its Sharia compliance assessment.
Token Distribution
The token distribution includes allocations for the team, development, and community rewards. Team tokens are subject to vesting periods, indicating commitment to long-term development.
Crypto Impact
To assign a comfort level investing in Heroes Chained 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 Heroes Chained.
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.