Infinity Games
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.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
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