Kawaii Islands
Crypto Overview
Project Overview
Kawaii Islands is a blockchain-based play-to-earn game and NFT metaverse platform built on the Binance Smart Chain (BSC). KWT serves as the native utility token of the Kawaii Islands ecosystem.
Purpose and Utility
The token's primary utilities include: Governance rights for holders to participate in platform decisions, In-game currency for purchasing items and NFTs within the Kawaii Islands metaverse, Staking rewards for providing liquidity to the platform.
Business Model Analysis
The platform generates revenue through NFT sales, marketplace fees, and in-game transactions. The business model appears transparent and does not inherently involve prohibited activities like gambling or interest-based lending.
Development and Adoption
The project maintains active development, with regular updates to the gaming platform and marketplace. The team is transparent about their development roadmap and progress.
Token Distribution
The token distribution includes allocations for the ecosystem (40%), team (15%), private sale (20%), public sale (15%), and advisors (10%). Team tokens have a vesting schedule to prevent immediate selling.
Crypto Impact
To assign a comfort level investing in Kawaii Islands 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 Kawaii Islands.
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.