Immutable
Crypto Overview
Overview
Immutable is a blockchain gaming and NFT infrastructure platform that aims to enable the creation and trading of digital assets in video games and other applications. Their DARA token (previously IMX) serves as the utility and governance token for the Immutable ecosystem.
Purpose and Utility
The DARA token is used for: Protocol governance, Staking for network security, Fee payments for transactions on the platform, Rewards for ecosystem participants.
Business Model Analysis
The platform focuses on providing infrastructure for game developers and NFT creators to build and monetize digital assets. The business model appears transparent and focused on legitimate technology development. No evidence was found of involvement in prohibited activities like gambling or interest-based lending.
Real-World Adoption
Immutable has secured partnerships with major gaming companies and brands including GameStop, TikTok, and Marvel. The platform processes millions of NFT trades and has a growing ecosystem of games and applications.
Development Activity
The project maintains active development with regular updates to their protocol and SDK. Their GitHub repositories show consistent contributions and improvements to the platform infrastructure.
Token Distribution
The token distribution includes vesting periods for team and investors, with clear allocation percentages published. While founders and early investors hold significant portions, the vesting schedules appear designed to align long-term incentives.
Crypto Impact
To assign a comfort level investing in Immutable 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 Immutable.
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.