Matr1x
Crypto Overview
Purpose and Utility
Matr1x is a Web3 gaming ecosystem that aims to blend competitive gaming with blockchain technology. The MAX token serves as the native cryptocurrency for the Matr1x ecosystem, designed to facilitate in-game transactions, reward players, and provide governance rights.
Business Model Analysis
The project's core business model revolves around gaming and esports, which are generally permissible activities in Islam. The token has clear utility within its gaming ecosystem for transactions and governance. No evidence was found of involvement in prohibited activities like gambling, interest-based lending, or adult content.
Real-World Adoption
Matr1x has shown measurable adoption within its target market, particularly in the Asian gaming community. The platform has hosted multiple gaming tournaments and events, demonstrating practical implementation of its stated utility.
Development Activity
The project maintains active development, with regular updates to its gaming platform and ecosystem. The team has consistently delivered on roadmap milestones, including the launch of multiple game titles and tournament platforms.
Token Distribution
Token distribution appears reasonable with established vesting periods for team members and early investors. No concerning concentration of tokens has been identified that would suggest a scheme to enrich founders.
Crypto Impact
To assign a comfort level investing in Matr1x 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 Matr1x.
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.