Luna Rush
Crypto Overview
Overview
Luna Rush is a play-to-earn NFT gaming project launched in late 2021 on the Binance Smart Chain. The game features a monster-battling system where players can collect, train and battle with NFT characters.
Purpose and Utility
The LUS token serves as the in-game currency and governance token for the Luna Rush ecosystem. Its stated purposes include: purchasing in-game items, participating in battles, staking for rewards, and voting on governance proposals.
Business Model Analysis
The core gameplay mechanics involve players battling monsters and completing quests to earn rewards. While gaming itself is not inherently haram, there are concerning elements in the tokenomics structure that warrant attention.
Real-World Adoption
Current data shows very limited trading activity for the LUS token, with significantly reduced volume compared to its launch period. The game appears to have very low active user engagement based on on-chain metrics.
Development Activity
There has been minimal visible development activity in recent months, with the last significant update to the platform occurring over a year ago. The project's social media channels and community forums show little to no recent activity.
Token Distribution
The initial token distribution allocated a significant portion to the team and early investors, with relatively short vesting periods. This raises some concerns about the potential for founder enrichment, though this alone does not make it haram.
Crypto Impact
To assign a comfort level investing in Luna Rush 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 Luna Rush.
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.