Hyperblox
Crypto Overview
Project Overview
Hyperblox is a blockchain gaming and metaverse platform built on the BNB Chain, designed to provide game development tools and infrastructure for Web3 gaming. The project aims to create an ecosystem where developers can build and deploy blockchain games while players can enjoy gaming experiences with true digital asset ownership.
Utility Assessment
The HPB token serves several functions within the Hyperblox ecosystem: Governance participation, in-game currency for Hyperblox games, rewards for players and developers, and ecosystem incentives. The platform facilitates real asset ownership through NFTs and in-game items.
Business Model Analysis
The project generates revenue through platform fees, NFT marketplace transactions, and game publishing services. These activities align with halal principles as they involve legitimate exchange of digital assets and services.
Development Activity
The project shows ongoing development with regular updates to their gaming infrastructure and tools. The team maintains active GitHub repositories and releases regular technical updates.
Token Distribution
Token allocation includes development (20%), ecosystem growth (30%), team (15%), marketing (10%), and public sale (25%). Team tokens have a 24-month vesting period with monthly unlocks, indicating commitment to long-term development.
Platform Usage
Current usage primarily centers around early-stage game development and testing, with several games in development using the Hyperblox infrastructure. While adoption is still growing, this does not impact its halal status.
Crypto Impact
To assign a comfort level investing in Hyperblox 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 Hyperblox.
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.