IVIRSE
Crypto Overview
Project Overview
IVIRSE (IVI) is a new gaming metaverse project that aims to combine blockchain technology with virtual reality gaming experiences. The IVI token serves as the native currency within the IVIRSE ecosystem.
Utility Analysis
The primary stated utilities for the IVI token include: governance rights for platform decisions, in-game currency for virtual asset purchases, and rewards for platform participation. The platform is still in early development stages, with limited current utility beyond trading.
Business Model Review
The project's core business model revolves around creating a gaming metaverse where users can own and trade virtual assets, participate in games, and engage in social activities. No evident haram activities like gambling or interest-based mechanics have been identified in the platform's design or whitepaper.
Development Activity
The project shows ongoing development activity on GitHub, though at a modest pace. The team regularly provides updates through their official channels regarding platform development progress.
Token Distribution
Initial token distribution appears reasonably balanced between team, development fund, and public sale. Team tokens have vesting periods implemented, reducing the risk of sudden dumps.
Additional Considerations
The project does not involve interest-bearing mechanisms or gambling features. The gaming aspects focus on skill-based gameplay rather than chance-based outcomes. No integration with prohibited industries has been identified.
Crypto Impact
To assign a comfort level investing in IVIRSE 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 IVIRSE.
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.