MetalCore
Crypto Overview
Overview
MetalCore (MCG) is a utility token designed for use within the MetalCore gaming ecosystem, specifically for a mechanized combat game. The token serves as the in-game currency and governance token for the MetalCore Foundation.
Purpose and Utility
The primary intended utility of MCG includes: Game asset purchases, In-game transactions, Governance participation, and NFT marketplace transactions within the MetalCore ecosystem.
Business Model Analysis
The business model revolves around gaming and digital asset ownership, which are permissible activities under Islamic finance principles. The token is used for legitimate gaming transactions and doesn't involve interest-bearing mechanisms or gambling elements.
Real-World Adoption
The project is in its early stages with the game still under development. Current utility is limited but aligned with the stated purposes.
Platform Development
There is ongoing development activity with regular updates from the team about game development progress. The project maintains transparency about development milestones and token utility implementation.
Token Distribution
Token distribution appears structured with vesting periods for team allocations. The project maintains transparency about token allocations and release schedules.
Crypto Impact
To assign a comfort level investing in MetalCore 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 MetalCore.
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.