Meta Game City
Crypto Overview
Project Overview
Meta Game City (MECI) is a blockchain gaming project that aims to create a virtual city metaverse where players can own, trade, and monetize virtual assets. The project includes virtual real estate, NFTs, and a play-to-earn ecosystem.
Utility Assessment
The primary utility of MECI tokens includes governance rights within the Meta Game City ecosystem, purchasing virtual assets and NFTs, and in-game transactions. The token serves as the main currency for the platform's virtual economy.
Business Model Analysis
The platform's business model revolves around creating a virtual gaming environment where users can participate in various activities and own digital assets. The model appears transparent in its mechanics and does not inherently involve prohibited activities like gambling or interest-based transactions.
Development and Adoption
The project shows ongoing development activity, though specific metrics about user adoption and transaction volumes are limited. The ecosystem is still in its early stages, with features being gradually rolled out.
Token Distribution
Token distribution information and vesting schedules for the founding team are publicly available, showing a structured release mechanism that suggests long-term commitment rather than short-term profit-taking.
Crypto Impact
To assign a comfort level investing in Meta Game City 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 Game City.
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.