Infinity Games

Halal Rating :
Questionable
Last Price $0.000031 Last updated:
Rank 2590
1D Change 0.18 %
Market Cap $156598.69
Circulating supply 5,000,000,000
Maximum supply None

Crypto Overview

Overview

Infinity Games (ING) is a blockchain gaming ecosystem token that aims to create and support play-to-earn games. The project intends to develop multiple games where players can earn rewards through gameplay.

Purpose and Utility

The stated purpose of ING is to serve as the native token for the Infinity Games ecosystem, enabling game purchases, in-game transactions, and rewards for players. The token is designed to have utility within the gaming platform's economy.

Business Model Analysis

The project's business model centers around gaming and virtual item trading. While gaming itself is not inherently haram, careful examination of the specific game mechanics is required to ensure they don't constitute gambling.

Development and Adoption

Current research indicates limited real-world adoption and minimal recent development activity. The project's social media channels and development repositories show sparse updates.

Token Distribution and Governance

Information about token distribution and vesting schedules is not readily available in public documentation, which raises transparency concerns.

Revenue Model

The platform's revenue appears to primarily come from game-related transactions and trading fees, which in principle could be halal if properly structured.

Crypto Impact

To assign a comfort level investing in Infinity Games 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 Infinity Games.

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