Infinity Skies
Crypto Overview
Overview
Infinity Skies is a blockchain-based sandbox game where players can build, trade, and compete using digital castles and assets in a fantasy-themed metaverse. The ISKY token serves as the primary utility token within the game's ecosystem.
Purpose and Utility
The ISKY token is designed to facilitate in-game transactions, including purchasing land plots, castle components, and cosmetic items. Players can earn ISKY through gameplay achievements and competitive events. The token also provides governance rights over certain game mechanics and future development decisions.
Business Model Analysis
The project's core business model revolves around creating a player-driven economy where users can build, trade, and monetize their virtual creations. The platform does not involve gambling, interest-based lending, or prohibited content. All transactions involve the exchange of actual digital assets with clear utility within the game ecosystem.
Development and Adoption
The project maintains active development with regular updates to their platform. While current adoption levels are modest, this does not impact the halal status of the token as the underlying utility and business model remain permissible.
Token Distribution
The token distribution includes allocations for development, marketing, and community rewards. While precise figures for current holder distribution are not readily available, the project maintains transparent communication about token usage and development progress.
Crypto Impact
To assign a comfort level investing in Infinity Skies 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 Skies.
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.