LandRocker

Halal Rating :
Comfortable
Last Price $0.00053 Last updated:
Rank 2251
1D Change 1.02 %
Market Cap $522251.16
Circulating supply 988,811,682
Maximum supply 10,000,000,000

Crypto Overview

Categories
  • Gaming
  • Polygon Ecosystem
  • Play To Earn

Project Overview

LandRocker is a Web3 gaming ecosystem built on the BNB Chain that aims to merge blockchain technology with gaming entertainment. The project introduces LRT as its native utility token, designed to facilitate transactions within its gaming ecosystem.

Purpose and Utility

The LRT token serves multiple functions within the LandRocker ecosystem: it acts as the primary currency for in-game transactions, provides governance rights to token holders, and enables participation in the platform's GameFi features. The ecosystem includes a gaming platform, NFT marketplace, and various play-to-earn mechanics.

Business Model Analysis

The platform's revenue model is based on: gaming transactions, NFT trading fees, and ecosystem participation. The core activities involve legitimate asset exchanges and don't rely on interest-bearing mechanisms or gambling.

Development and Adoption

The project is in its early stages, with ongoing development of its gaming platform and infrastructure. While adoption is currently limited, this is normal for a new project and doesn't affect its Sharia compliance status.

Token Distribution

The token distribution includes allocations for development, marketing, liquidity provision, and team members. There are vesting periods in place for team tokens, indicating some protection against immediate selling pressure.

Crypto Impact

To assign a comfort level investing in LandRocker 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 LandRocker.

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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