Meta Apes

Halal Rating :
Comfortable
Last Price $0.0032 Last updated:
Rank 2271
1D Change -58.23 %
Market Cap $490382.8
Circulating supply 153,410,748
Maximum supply 1,000,000,000

Crypto Overview

Overview

Meta Apes is a mobile-first, free-to-play, play-and-earn MMO strategy game built on the BNB Chain. The PEEL token serves as the primary utility token within the Meta Apes ecosystem.

Purpose and Utility

PEEL token is designed to serve multiple functions within the Meta Apes ecosystem: governance rights for holders, in-game currency for purchases and upgrades, rewards for gameplay achievements, and staking opportunities. Players can earn PEEL through various in-game activities and use it to purchase virtual items, upgrade their characters, or participate in governance decisions.

Business Model

The game operates on a play-and-earn model where players can acquire and trade digital assets. The revenue model is primarily based on in-game purchases and marketplace transactions. The ecosystem appears to avoid interest-based mechanisms and gambling elements, focusing instead on skill-based gameplay and strategic decision-making.

Real-World Adoption

Meta Apes has shown moderate adoption since its launch, with an active player base primarily in Southeast Asia. The game has maintained consistent development activity and regular updates to its platform.

Token Distribution

The token distribution includes allocations for the development team, ecosystem growth, and player rewards. While specific percentages are not publicly available, the project maintains transparency about token utility and distribution mechanisms.

Development Activity

The development team maintains regular updates to the platform, with continuous improvements to gameplay mechanics and user experience. The project demonstrates ongoing commitment to building and maintaining the gaming ecosystem.

Crypto Impact

To assign a comfort level investing in Meta Apes 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 Meta Apes.

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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