Hunter Token / Digital Arms
Crypto Overview
Overview
Hunter Token (HNTR) is the native cryptocurrency of Digital Arms, a platform that aims to create a marketplace for licensed digital firearms, accessories, and collectibles in gaming and metaverse environments. The project focuses on bringing real-world firearm brands into the digital space through officially licensed NFTs and digital assets.
Purpose and Utility
The primary utility of HNTR includes: governance rights over the Digital Arms ecosystem, NFT marketplace transactions, staking rewards, and access to exclusive Digital Arms features and products. The token serves as the primary medium of exchange within the Digital Arms marketplace.
Business Model Evaluation
The core business involves digital collectibles and gaming assets, which does not inherently conflict with Islamic principles. The platform does not facilitate gambling, interest-based lending, or other prohibited activities. The focus is on legitimate digital asset ownership and trading.
Development and Adoption
The project has established partnerships with several firearm manufacturers for digital licensing rights. The development team maintains regular updates on their platform and marketplace features. While adoption is still in early stages, this does not impact the halal assessment of the project.
Token Distribution
Token distribution includes allocations for development, marketing, partnerships, and community rewards. While detailed vesting schedules are implemented for team tokens, this aspect primarily affects investment merit rather than halal status.
Crypto Impact
To assign a comfort level investing in Hunter Token / Digital Arms 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 Hunter Token / Digital Arms.
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.