Kingdomverse
Crypto Overview
Overview
Kingdomverse is a gaming metaverse project that aims to create an ecosystem of Play-to-Earn (P2E) games on the blockchain. The KING token serves as the native currency within this ecosystem.
Purpose and Utility
The KING token is designed to serve multiple functions within the Kingdomverse ecosystem: in-game currency for purchases, staking rewards, governance participation, and access to exclusive content.
Business Model Analysis
The project focuses on gaming and metaverse development, which in principle does not conflict with Islamic principles as long as the games themselves do not involve gambling mechanics. The token distribution appears relatively concentrated among early investors and team members.
Development and Adoption
The project shows limited development activity on public repositories. While the team has announced various partnerships and development milestones, the actual implementation and adoption of the promised features remain in early stages.
Platform Features
Current features include basic token utility for governance and staking. The gaming elements and metaverse features are still under development.
Crypto Impact
To assign a comfort level investing in Kingdomverse 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 Kingdomverse.
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.