Metarix
Crypto Overview
Project Overview
Metarix is a metaverse gaming platform that aims to create an immersive virtual world where users can interact, play games, and participate in various digital experiences. The MTRX token serves as the native currency within this ecosystem.
Purpose and Utility
The intended purpose of MTRX is to serve as the primary medium of exchange within the Metarix metaverse, allowing users to purchase virtual assets, participate in games, and conduct transactions within the platform's ecosystem. The token also provides governance rights to holders.
Business Model Analysis
The project's core business model revolves around creating a gaming-focused metaverse platform where users can own and trade digital assets. The platform aims to facilitate legitimate commerce and social interaction in a virtual environment.
Development and Adoption
The project is in its early stages, with development ongoing. While adoption is currently limited, this is not inherently problematic from a Sharia compliance perspective.
Token Distribution and Vesting
The token distribution includes allocations for development, marketing, team, and community. Vesting schedules are in place for team tokens, showing some consideration for long-term development.
Sharia Considerations
The primary functions of MTRX - facilitating transactions and ownership of digital assets within a gaming metaverse - do not inherently conflict with Islamic principles. The platform does not appear to involve interest-based lending, gambling, or other prohibited activities in its core functionality.
Crypto Impact
To assign a comfort level investing in Metarix 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 Metarix.
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.