Medieval Empires

Halal Rating :
Comfortable
Last Price $0.0079 Last updated:
Rank 1528
1D Change -8.85 %
Market Cap $4.41m
Circulating supply 559,411,443
Maximum supply None

Crypto Overview

Categories
  • Gaming
  • Polygon Ecosystem

Overview

Medieval Empires (MEE) is a blockchain-based massively multiplayer online strategy game set in the medieval era. The project aims to combine gaming with blockchain technology, where MEE tokens serve as the in-game currency and governance token.

Purpose and Utility

The MEE token is designed to facilitate in-game transactions, reward players, and provide governance rights within the Medieval Empires ecosystem. Players can use MEE tokens to purchase in-game assets, upgrade their characters, and participate in the game's economy.

Business Model Evaluation

The business model revolves around gaming and digital asset ownership, which is permissible from an Islamic perspective as it involves the exchange of real digital assets and provides genuine utility through gaming entertainment and digital property rights.

Development and Adoption

The project is in active development, with regular updates and partnerships announced. The game features actor Engin Altan Düzyatan, known for his role in Diriliş: Ertuğrul, as a brand ambassador. The development team maintains transparency through regular community updates and technical progress reports.

Token Distribution

The token distribution includes allocations for the ecosystem, team, and development fund. Team tokens are subject to vesting periods, showing commitment to long-term development.

Technology and Revenue Model

The platform operates on a play-to-earn model where players can earn tokens through gameplay and trading of digital assets. The revenue model is based on legitimate exchange of digital assets and services rather than interest-bearing mechanisms.

Crypto Impact

To assign a comfort level investing in Medieval Empires 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 Medieval Empires.

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