MagicCraft
Crypto Overview
Project Overview
MagicCraft is a blockchain-based multiplayer online battle arena (MOBA) game where players can engage in PvP combat using NFT characters and items. The MCRT token serves as the primary utility token within the game's ecosystem.
Purpose and Utility
The MCRT token is designed to facilitate in-game transactions, including: purchasing NFT characters and items, participating in tournaments, staking for rewards, and governance voting on game development decisions. Players can earn MCRT tokens through gameplay achievements and tournament victories.
Business Model Analysis
The project generates revenue through NFT sales, tournament entry fees, and marketplace transactions. The game itself does not involve gambling mechanics - outcomes are determined by player skill and strategy rather than chance. While there is a staking mechanism, it functions as a game feature for earning rewards through active participation rather than interest-bearing lending.
Development and Adoption
The project maintains active development with regular updates to the gaming platform. The team has delivered on several roadmap items including NFT marketplace integration and tournament systems. While user adoption remains limited, there is evidence of genuine gameplay activity and NFT trading within the ecosystem.
Token Distribution
The token distribution includes allocations for the team, development, marketing, and community rewards. Team tokens are subject to a vesting schedule to align long-term incentives. The project demonstrates transparency regarding token economics and usage of funds.
Crypto Impact
To assign a comfort level investing in MagicCraft 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 MagicCraft.
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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