LORDS
Crypto Overview
Overview
LORDS is the governance token for Realms, a dec-entralized game ecosystem built on the Starknet network. The token serves as both a governance mechanism and in-game currency for the Realms metaverse.
Purpose and Utility
The primary purpose of LORDS is to facilitate governance decisions within the Realms ecosystem and serve as the main currency for in-game transactions. Token holders can vote on protocol changes and participate in the game economy.
Business Model
The business model centers around creating a gaming ecosystem where LORDS tokens have genuine utility through: 1) Governance participation 2) In-game purchases and trades 3) Reward distribution for game activities.
Real-World Adoption
The project shows active development and growing adoption within the Starknet ecosystem. While still early in its lifecycle, there is verifiable on-chain activity showing the token being used for its intended purposes within the game.
Development Activity
The development team maintains regular updates to the protocol and game features. The project has an active GitHub repository and community engagement through their social channels and documentation.
Token Distribution
The token distribution appears reasonably balanced between the team, community, and ecosystem fund. There are vesting schedules in place for team allocations, suggesting a long-term commitment to the project.
Crypto Impact
To assign a comfort level investing in LORDS 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 LORDS.
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.