HeroesTD

Halal Rating :
Comfortable
Last Price $0.0089 Last updated:
Rank 1811
1D Change -6.33 %
Market Cap $1.99m
Circulating supply 223,975,833
Maximum supply 468,000,000

Crypto Overview

Overview

HeroesTD is a cryptocurrency token that serves as the native currency for a tower defense game built on blockchain technology. The token is designed to facilitate in-game transactions, reward players, and provide governance rights within the game ecosystem.

Purpose and Utility

The primary purpose of HTD is to serve as the in-game currency for the HeroesTD game, where players can use it to purchase game assets, upgrade towers, and participate in the game's economy. The token also provides governance rights, allowing holders to vote on game development decisions.

Business Model Analysis

The business model appears to be focused on gaming and entertainment, with no apparent involvement in prohibited activities like gambling, interest-based lending, or adult content. The game mechanics involve skill-based gameplay rather than chance-based outcomes.

Platform Development and Adoption

The project is in its early stages, with development ongoing. While current adoption is limited, this does not impact its Sharia compliance assessment.

Token Distribution

The token distribution includes allocations for game development, marketing, and community rewards. While specific vesting schedules could not be verified, this doesn't affect the fundamental halal nature of the project.

Crypto Impact

To assign a comfort level investing in HeroesTD 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 HeroesTD.

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.