Illuvium

Halal Rating :
Questionable
Last Price $92.74 Last updated:
Rank 175
1D Change -8.68 %
Market Cap $401.5m
Circulating supply 4,329,319
Maximum supply None

Crypto Overview

Categories
  • Collectibles & NFTs
  • Gaming
  • DAO
  • Metaverse
  • Play To Earn

Welcome to the world of Illuvium. A shattered land of beauty and wonder. Travel the vast and varied landscape hunting dangerous beasts, then capture them to battle in the Arenas or trade via the exchange. Illuvium utilizes mechanics whereby users can stake collateral and receive access to governance, yield farming, and weekly distributions as a reward. A fully decentralized protocol, Illuvium represents a new age in gaming. It has been engineered from the ground-up to increase the value of the underlying $ILV token while providing players with a AAA experience. What makes Illuvium unique is that stakers receive regular distributions and can vote on everything from tokenomics related issues to the features in the game itself. With Illuvium, the power to define the project into the future is purposefully left to those who stake in the protocol.

Crypto Impact

To assign a comfort level investing in Illuvium 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 Illuvium.

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.

Justification for our Halal Rating