Metatime Coin
Crypto Overview
Project Overview
Metatime Coin (MTC) is a cryptocurrency that aims to power a decentralized ecosystem focusing on metaverse and Web3 applications. The project claims to provide an infrastructure for digital asset creation, NFT marketplaces, and decentralized gaming.
Purpose and Utility
The stated purpose of MTC is to serve as the native token for the Metatime ecosystem, facilitating transactions within their NFT marketplace and metaverse applications. The token is designed to be used for governance, staking, and accessing various platform features.
Business Model Analysis
The project appears to focus on legitimate Web3 use cases, including digital asset ownership and metaverse development. The core functions do not inherently involve prohibited activities like gambling or interest-based lending.
Development and Adoption
The project shows ongoing development activity, though current adoption levels are modest. The team maintains regular updates to their platform and ecosystem.
Token Distribution
The token distribution includes allocations for development, marketing, and ecosystem growth. Vesting schedules are in place for team tokens, showing some consideration for long-term sustainability.
Technology Stack
The platform operates on standard blockchain technology, with smart contracts facilitating token utility and platform features. The technical implementation appears to follow common industry practices.
Crypto Impact
To assign a comfort level investing in Metatime Coin 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 Metatime Coin.
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.