Kingdom Karnage
Crypto Overview
Purpose and Utility
Kingdom Karnage (KKT) is a cryptocurrency token that serves as the in-game currency for the Kingdom Karnage game, a play-to-earn trading card game built on the Avalanche blockchain. The token is used for purchasing card packs, crafting cards, participating in tournaments, and trading within the game's ecosystem.
Business Model Analysis
The business model centers around gaming and digital asset ownership. Players can earn KKT tokens through gameplay, tournament participation, and trading their cards. The game does not involve gambling mechanics - players own actual digital assets (cards) and compete based on skill rather than chance. All transactions and card ownership are verifiable on the blockchain.
Real-World Adoption
The game has an active player base and maintains regular tournament schedules. The project shows consistent development activity with regular updates and improvements to the gaming platform. Trading volume for both the token and NFT cards indicates regular usage within its intended purpose.
Token Distribution and Governance
The token distribution includes allocations for gameplay rewards, development team, and community initiatives. A portion of tokens is reserved for game development and maintenance. The team maintains transparency regarding token allocations and usage.
Technology and Revenue Model
The revenue model is based on legitimate game operations, card sales, and marketplace fees. The platform does not involve interest-based lending or gambling mechanisms. All transactions represent actual transfers of digital assets with clear utility within the game ecosystem.
Crypto Impact
To assign a comfort level investing in Kingdom Karnage 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 Kingdom Karnage.
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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Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
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