Mines of Dalarnia

Halal Rating :
Questionable
Last Price $0.15 Last updated:
Rank 442
1D Change -3.77 %
Market Cap $91.88m
Circulating supply 620,923,298
Maximum supply 800,000,000

Crypto Overview

Categories
  • Collectibles & NFTs
  • Gaming
  • Binance Launchpool
  • Metaverse
  • Chromia Ecosystem
  • Play To Earn
  • Animoca Brands Portfolio

Project Overview

Mines of Dalarnia is a play-to-earn action-adventure game built on the Binance Smart Chain where players mine resources, battle monsters, and upgrade their equipment. The DAR token serves as the native currency within the game's ecosystem.

Intended Utility

The DAR token is designed to serve multiple purposes within the game ecosystem: governance rights for holders, in-game currency for transactions, staking rewards, and purchasing land plots (called DAR Plots). Players can earn DAR tokens through gameplay, mining activities, and completing various in-game challenges.

Actual Utility Assessment

The game has demonstrated actual utility through active player engagement and ecosystem development. On-chain data shows regular transaction activity for in-game purchases and land plot trading. The development team maintains consistent updates and improvements to the platform.

Token Distribution and Governance

The token distribution shows a structured allocation with vesting periods: 30% for ecosystem development, 25% for play-to-earn rewards, 20% for team and advisors (with 3-year vesting), 15% for private sale, and 10% for public sale. This distribution suggests a long-term focus rather than short-term profiteering.

Development Activity

The project maintains active development with regular updates to both the game and underlying platform. The team has consistently delivered on their roadmap milestones, including feature implementations and ecosystem expansions.

Revenue Model

The revenue model is primarily based on legitimate gaming activities, NFT trading, and land plot transactions. There are no interest-bearing mechanisms or gambling elements in the core gameplay.

Crypto Impact

To assign a comfort level investing in Mines of Dalarnia 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 Mines of Dalarnia.

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Justification for our Halal Rating