MARBLEX

Halal Rating :
Comfortable
Contract: 0xF95a5532D67C944dfa7EDDD2f8c358Fe0dc7FAc2
Last Price $0.21 Last updated:
Rank 623
1D Change 5.44 %
Market Cap $43.23m
Circulating supply 208,428,139
Maximum supply None

Crypto Overview

Categories
  • Gaming
  • Aptos Ecosystem
  • DWF Labs Portfolio
  • Klaytn Ecosystem

Purpose and Utility

MARBLEX (MBX) is a gaming-focused cryptocurrency that serves as the governance and utility token for the MARBLEX blockchain gaming ecosystem. It was created by Netmarble, a prominent South Korean gaming company, to facilitate transactions within their gaming platforms and enable players to earn rewards through gameplay.

Business Model

The token is primarily used for: 1) Governance participation in the MARBLEX ecosystem 2) Payment for in-game items and services 3) Trading game-earned assets 4) Staking for platform benefits. The core business model revolves around gaming and digital asset ownership, which are permissible activities under Islamic principles.

Real-World Adoption

MBX has achieved significant adoption within Netmarble's gaming ecosystem, particularly in games like A3: Still Alive and Ni no Kuni: Cross Worlds. The token has established partnerships with major gaming platforms and continues to expand its utility across different games.

Platform Development

The project maintains active development, with regular updates and new game integrations. The backing of Netmarble, an established gaming company, provides technical expertise and resources for continued platform growth.

Token Distribution

MBX token distribution includes allocations for the ecosystem (40%), company reserves (30%), and community incentives (30%). While the company holds a significant portion, this is consistent with their role as the platform developer and game publisher.

Rating Justification

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